2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 Prime Inc. 2,061,400
2 KLLM Transport Services 953,000
3 Swift Refrigerated 755,000
est
4 Stevens Transport 745,000
5 Hirschbach Motor Lines 520,500
6 Marten Transport 396,700
7 John Christner Trucking 310,400
8 C.R. England 266,000
9 Day & Ross 178,600
10 Cardinal Logistics 144,000
11 NFI 142,000
12 Erb Group 135,000
13 Pride Transport 134,000
est
14 National Carriers 125,200
15 WEL Cos. 121,200
16 Leonard's Express 111,000
17 A&A Express 110,000
est
18 Canada Cartage 105,000
19 Soar Transport 103,006
est
20 Continental Express 95,000
est
21 Bison Transport 76,200
22 Roehl Refrigerated Transport 72,000
23 Pacific Shipping 36,000
24 Cowan Systems 26,900
25 May Trucking Co. 21,860
26 TWT Refrigerated 18,000
27 Sorenson Transport 17,300
28 AFC Transport 9,800
29 R&R Family of Cos. 5,200
30 Koch Cos. 4,300
31 Atlas World Group 1,200
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, For-Hire

Knight-Swift Reports Nearly $1.9B in Revenue for Q3

Knight-Swift Transportation Holdings experienced a 49.4% decline in earnings year over year during the third quarter of 2024, the company reported Oct. 23.

Connor D. Wolf | Staff Reporter
October 24, 2024
Business, For-Hire

UPS Sees Profit Growth for First Time in Nearly Two Years

UPS Inc. posted a year-over-year increase in revenue during the third quarter of 2024 despite challenging market conditions, the company reported Oct. 24.

Connor D. Wolf | Staff Reporter
October 24, 2024
Government, Business, Logistics, For-Hire, TCA

Lynden Transport Selected to Deliver Capitol Christmas Tree

Lynden Transport will carry the Capitol Christmas Tree from Alaska to the nation’s capital later this year.

Robert Mittendorf | The Bellingham Herald (Bellingham, Wash.)
October 22, 2024
Business, Logistics, For-Hire, Private, Global Freight

Walmart Challenges Amazon With Prescription Delivery

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

Jaewon Kang | Bloomberg News
October 22, 2024
Business, Technology, Logistics, For-Hire, Private, Global Freight

Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

Cailley LaPara | Bloomberg News
October 17, 2024
Business, Logistics, For-Hire

J.B. Hunt Q3 Profit Beats Expectations, Boosts Share Price

Profit at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volume rose year over year.

Keiron Greenhalgh | Staff Reporter
October 16, 2024
Business, Logistics, For-Hire

Hub Group: Easo Deal Forms Largest US-Mexico Intermodal Firm

Hub Group will team up with Mexico City-based Easo in a cross-border and intermodal joint venture, the companies said Oct. 8.

Keiron Greenhalgh | Staff Reporter
October 9, 2024
Business, Technology, Logistics, For-Hire

J.B. Hunt to Back Freight, Logistics Startup Incubator

The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.

Keiron Greenhalgh | Staff Reporter
October 8, 2024
Business, Logistics, For-Hire, Private

Amazon, Target and Other Retailers Ramp Up Holiday Hiring

Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.

Haleluya Hadero | Associated Press
October 3, 2024
Business, Logistics, For-Hire

Will a Rise in In-Store Shopping Aid Freight’s Recovery?

In-store shopping was already on the rise as the retail sector reset after the turmoil of the COVID-19 pandemic, and the upcoming holiday season is likely to expedite the trend.

Keiron Greenhalgh | Staff Reporter
September 27, 2024
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