Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.
May 1, 2023Up Front
This year in particular has brought a changing of the guard at some of the largest companies.
See a breakdown of Top 100 For-Hire Carriers by region; get links to company pages.
After you've absorbed the changes and trends in this year's Top 100 For-Hire Carrier rankings, take our interactive quiz!
Rankings
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Refrigerated (Truckload & LTL) Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Prime Inc. | 1,887,004 |
| 2 | C.R. England | 1,636,138 |
| 3 | KLLM Transport Services | 917,000 |
| 4 | Swift Refrigerated | 819,190 |
| 5 | Stevens Transport | 719,870 |
| 6 | Marten Transport | 375,340 |
| 7 | Hirschbach Motor Lines | 369,285 |
| 8 | TransAm Trucking | 307,000 est |
| 9 | John Christner Trucking | 295,171 |
| 10 | Shaffer Trucking | 266,000 |
| 11 | Navajo Express | 255,000 est |
| 12 | Black Horse Carriers | 214,000 |
| 13 | May Trucking Co. | 203,337 |
| 14 | Bay and Bay Transportation | 155,000 |
| 15 | NFI | 148,000 |
| 16 | Frialsa Logistica | 143,200 |
| 17 | Covenant Logistics Group | 135,200 |
| 18 | Pride Transport | 120,000 |
| 19 | J&R Schugel Trucking | 119,000 |
| 20 | WEL Cos. | 118,799 |
| 21 | National Carriers | 115,500 |
| 22 | Decker Truck Line | 106,206 |
| 23 | Freymiller Inc. | 98,000 |
| 24 | Roadrunner Freight | 96,692 |
| 25 | Continental Express | 96,500 |
| 26 | Day & Ross | 84,795 |
| 27 | Schuster Co. | 83,200 |
| 28 | Roehl Refrigerated Transport | 50,667 |
| 29 | Great Plains Transport Inc. | 48,697 |
| 30 | Denney Transport | 46,401 |
| 31 | Maverick USA | 45,484 |
| 32 | MCT Transportation | 44,148 |
| 33 | Cowan Systems | 41,571 |
| 34 | PS Logistics | 36,367 |
| 35 | CRST The Transportation Solution | 36,000 |
| 36 | Transportes Garza Leal | 34,500 |
| 37 | TransAmerica Express Logistics | 30,000 |
| 38 | TWT Refrigerated | 30,000 |
| 39 | Halvor Lines | 26,401 |
| 40 | Blackhawk Transport | 18,157 |
| 41 | Fastfrate Group | 2,700 |
| 42 | J&B Express | 2,200 |
| 43 | Dupré Logistics | 1,641 |
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers.
108
On the Bubble
Groendyke Transport
($245 million), is a petroleum and chemical tank/bulk carrier based in Enid, Okla.
If your company appears on the 2019 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
The state's trucking association has joined forces with 13 community colleges.
Women are increasingly taking on larger roles in the management of trucking companies.
The company has pressed on since losing its CEO Jeremy Rayl in 2017.
George Casiano's family shares the story of an industry veteran.
All of Brig Sorber’s family played a part in the creation story of Two Men and a Truck, which has grown from humble origins into one of the largest moving companies in North America.
For-Hire News
Business, Equipment, For-Hire
Forward Air Reports Revenue and Earnings Decline for Q1
Business, Technology, Equipment, Logistics, For-Hire, Global Freight
FedEx Freight Plans Closure of 29 Locations
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
May 1, 2023Business, Equipment, For-Hire, TCA
Penske to Acquire Michigan-Based Star Truck Rentals
Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.
May 1, 2023Business, Logistics, For-Hire
Hub Group Reports Revenue and Earnings Decline for Q1
Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
April 28, 2023Business, Logistics, For-Hire
Universal Logistics Reports Weaker Q1 Amid Softening Market
Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
April 28, 2023Business, Logistics, For-Hire
Landstar Reports Revenue and Earnings Decline for Q1
Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.
April 27, 2023Business, Equipment, Logistics, For-Hire
Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices
Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.
April 27, 2023Business, Equipment, For-Hire
Wabash Q1 Profit Jumps as Sales, Order Backlog Soar
Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.
April 27, 2023Business, Logistics, For-Hire
TFI Reports Lower Income, Revenue
TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.
April 26, 2023Business, Logistics, For-Hire
UPS Reports Lower Earnings as Consumer Spending Slows
UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.
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