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, 2024Top 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 | 1,316,403 |
2 | Quality Carriers | 786,000 est |
3 | Trimac Transportation Services | 514,997 |
4 | Foodliner/Quest Liner | 277,471 |
5 | Quantix Supply Chain Solutions | 259,370 |
6 | Superior Bulk Logistics | 252,300 |
7 | Groendyke Transport | 224,000 |
8 | Ruan | 178,881 |
9 | Miller Transporters | 117,625 |
10 | Dupré Logistics | 115,938 |
11 | Florida Rock & Tank Lines | 112,165 |
12 | Apex Logistics | 84,786 |
13 | Mission Petroleum Carriers | 79,951 |
14 | CCC Transportation/ CTL Transportation | 72,784 |
15 | Prime Inc. | 67,501 |
16 | J&M Tank Lines Inc. | 66,261 |
17 | CLI Transport | 64,563 |
18 | Transportes Auto Tanques Ochoa | 56,800 |
19 | Service Transport Co. | 53,358 |
20 | Herman R. Ewell Inc. | 52,934 |
21 | Schilli Corp. | 51,957 |
22 | Liquid Trucking Cos. | 39,757 |
23 | NFI | 36,300 |
24 | Sprint Transport | 26,630 |
25 | K-Limited Carrier | 23,040 |
26 | Bulk Service Transport | 20,000 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
ArcBest Reports 31% Earnings Gain Despite Revenue Drop
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.
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.
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.
VMRS Portal Is Nearly Here
The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.
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.
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.
Ryder to Acquire Cardinal Logistics
Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.
Forward Air Completes Acquisition of Omni Logistics
Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.
UPS to Cut 12,000 Jobs, Explore Sale of Coyote Amid Weak Q4
UPS Inc. is reducing its overall employee head count by 12,000 workers, which the company says will save more than $1 billion, citing higher labor costs and softening demand.