Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.
February 2, 2023Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
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 Tank Truck/Bulk Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Kenan Advantage Group | 1,333,736 |
| 2 | Quality Carriers | 758,000 |
| 3 | Trimac Transportation Services | 625,000 |
| 4 | Prime Inc. | 319,928 |
| 5 | Foodliner/Quest Liner | 252,275 |
| 6 | Superior Bulk Logistics | 233,900 |
| 7 | Quantix Supply Chain Solutions | 229,258 |
| 8 | Groendyke Transport | 206,693 |
| 9 | Ruan | 179,940 |
| 10 | Eagle Transport Corp. | 132,000 |
| 11 | Tankstar USA Inc. | 126,887 |
| 12 | Florida Rock & Tank Lines | 120,172 |
| 13 | Martin Transport Inc. | 119,306 |
| 14 | Miller Transporters | 107,149 |
| 15 | Dupré Logistics | 106,032 |
| 16 | Mission Petroleum Carriers | 93,560 |
| 17 | Slay Transportation Co. | 91,500 |
| 18 | CCC Transportation/ CTL Transportation | 84,419 |
| 19 | Genox Transportation Inc. | 71,365 |
| 20 | CLI Transport | 63,613 |
| 21 | Apex Logistics | 61,000 |
| 22 | Tidewater Transit Co. | 53,904 |
| 23 | Transportes Auto Tanques Ochoa | 53,200 |
| 24 | Service Transport Co. | 52,340 |
| 25 | NFI | 35,000 |
| 26 | Bulk Service Transport | 17,350 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
107
On the Bubble
National Carriers Inc.
($205 million), Based in Liberal, Kan., National Carriers provides nationwide truckload service for refrigerated cargoes, mostly meat, with a combination of company-owned tractors and equipment provided by owner-operators. The company also provides lifestock hauling and spotting services.
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For-Hire News
Business, Logistics, For-Hire
Landstar System Reports Revenue Decline for Q4
Business, For-Hire, Global Freight
FedEx to Cut Management Jobs by More Than 10%
FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.
February 1, 2023Business, Logistics, For-Hire
FedEx Implementing Ranking System for Delivery Contractors
FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.
January 31, 2023Business, For-Hire
Covenant Sees Year-End Slowdown
Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.
January 26, 2023Business, Logistics, For-Hire
Marten Transport Reports 16th Consecutive Profitable Quarter
Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.
January 25, 2023Business, Technology, Equipment, Autonomous, For-Hire
Former USA Truck CEO James Reed Joins Kodiak
Former USA Truck CEO James Reed has joined autonomous truck technology company Kodiak Robotics, the company announced Jan. 19.
January 23, 2023Business, Equipment, For-Hire
Wabash Inks Long-Term Agreements With Key Carrier, Supplier
Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.
January 20, 2023Business, Logistics, For-Hire
Roadrunner Notches Gains in Transit Times
Roadrunner implemented another round of transit time improvements across its network as part of an ongoing, multiyear process to improve business operations, the company announced Jan. 5
January 9, 2023Business, For-Hire, Global Freight
FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments
FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.
December 21, 2022Business, Logistics, For-Hire
Ryder Plans New Multiclient Distribution Center Near Chicago
Ryder System Inc. will open its 10th multiclient distribution center in the greater Chicago area, the company announced Dec. 14.
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