LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.
February 8, 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
104
On the Bubble
Wheaton World Wide Moving
($209 million), Based in Indianapolis, Wheaton offers domestic and international household goods moving and storage services, along with transportation of high-value products, furniture and store fixtures through Wheaton Van Lines, Bekins Van Lines and Clark & Reid brands.
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For-Hire News
Government, Business, Technology, Equipment, Autonomous, For-Hire
Electric, Autonomous Trucks Hold Promise, Executives Say
Business, Logistics, For-Hire
Forward Air Expands in Chicago Area With New Terminal
Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.
February 6, 2023Business, For-Hire
ArcBest Reports Earnings Decline, Revenue Gain for Q4
ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.
February 3, 2023Business, Logistics, For-Hire
Schneider Reports 18% Earnings Decline for Q4
Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.
February 2, 2023Business, Logistics, For-Hire
Landstar System Reports Revenue Decline for Q4
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, 2023Business, 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.
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