Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.
February 9, 2024
2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
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. | 2,006,924 |
| 2 | KLLM Transport Services | 936,000 |
| 3 | C.R. England | 897,868 |
| 4 | Swift Refrigerated | 755,000 est |
| 5 | Stevens Transport | 737,294 |
| 6 | Hirschbach Motor Lines | 440,862 |
| 7 | Marten Transport | 378,000 |
| 8 | John Christner Trucking | 338,873 |
| 9 | TransAm Trucking | 297,000 est |
| 10 | Black Horse Carriers | 280,500 |
| 11 | FFE Transportation Services | 275,000 |
| 12 | Shaffer Trucking | 266,000 est |
| 13 | Navajo Express | 243,000 est |
| 14 | Bay and Bay Transportation | 150,752 |
| 15 | Frialsa Logistica | 143,200 est |
| 16 | NFI | 126,000 |
| 17 | Pride Transport | 122,000 |
| 18 | WEL Cos. | 120,284 |
| 19 | J&R Schugel Trucking | 119,000 est |
| 20 | Day & Ross | 118,837 |
| 21 | National Carriers | 108,500 |
| 22 | Decker Truck Line | 106,206 est |
| 23 | Covenant Logistics Group | 98,272 est |
| 24 | Freymiller Inc. | 98,000 est |
| 25 | Roadrunner Freight | 96,692 est |
| 26 | Schuster Co. | 83,200 est |
| 27 | Raider Express | 80,000 |
| 28 | Wilson Logistics | 75,000 |
| 29 | Continental Express | 71,500 |
| 30 | Great Plains Transport | 64,302 |
| 31 | Roehl Refrigerated Transport | 59,078 |
| 32 | Canada Cartage | 53,580 |
| 33 | Denney Transport | 46,401 est |
| 34 | CRST The Transportation Solution | 38,000 |
| 35 | Transportes Garza Leal | 34,500 |
| 36 | Cowan Systems | 32,590 |
| 37 | Halvor Lines | 28,100 |
| 38 | May Trucking Co. | 26,304 |
| 39 | TWT Refrigerated | 20,000 |
| 40 | Sorenson Transport | 12,474 |
| 41 | Centurion Trucking | 9,107 |
| 42 | Alabama Motor Express | 8,000 |
| 43 | TransAmerica Express Logistics | 3,000 |
| 44 | Atlas World Group | 2,300 |
| 45 | Dupré Logistics | 1,641 |
| 46 | Bowers Trucking | 1,000 |
Extras
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
105
On the Bubble
Postal Fleet Services
($249 million), is a U.S. Postal Service supplier based in St. Augustine, Fla.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Logistics, For-Hire
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Business, Logistics, For-Hire
Forward Air CEO Tom Schmitt Exits After Omni Deal Completion
Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
February 8, 2024Business, Technology, Logistics, Autonomous, For-Hire
Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
February 8, 2024Business, For-Hire
ArcBest Reports 31% Earnings Gain Despite Revenue Drop
ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.
February 7, 2024Business, For-Hire
Auto Stoppages Push P.A.M. Transportation Into Red in Q4
Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.
February 5, 2024Business, For-Hire
Saia Targets Further Expansion Via $1 Billion in 2024 Capex
Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.
February 5, 2024Business, Technology, Safety, Fuel, For-Hire
Fleets, Suppliers Work to Curb Fuel Card Skimming
Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.
February 5, 2024Business, Technology, For-Hire
VMRS Portal Is Nearly Here
The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.
February 2, 2024Business, Logistics, For-Hire
Schneider Reports 12% Revenue Decline for Q4
Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.
February 1, 2024Business, Logistics, For-Hire
Landstar Reports 28% Revenue Decline for Q4
Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.
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