The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.
October 29, 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 Tank Truck/Bulk Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Kenan Advantage Group | 1,758,645 |
| 2 | Quality Carriers | 1,090,684 |
| 3 | Trimac Transportation Services | 610,000 |
| 4 | Foodliner/Quest Liner | 334,103 |
| 5 | Heniff Transportation Systems | 293,000 est |
| 6 | Quantix Supply Chain Solutions | 276,000 est |
| 7 | Groendyke Transport | 273,125 |
| 8 | Superior Bulk Logistics | 269,000 est |
| 9 | Ruan | 164,553 est |
| 10 | Eagle Transport Corp. | 143,700 |
| 11 | Dupré Logistics | 137,119 |
| 12 | Martin Transport Inc. | 120,523 |
| 13 | Slay Transportation Co. | 109,204 |
| 14 | Tankstar USA | 108,985 est |
| 15 | Florida Rock & Tank Lines | 108,716 |
| 16 | United Petroleum Transports | 102,729 |
| 17 | Coastal Transport Co. | 95,331 est |
| 18 | Cliff Viessman Inc. | 92,128 est |
| 19 | Apex Logistics | 81,935 |
| 20 | Andrews Logistics | 72,900 |
| 21 | CLI Transport | 72,421 |
| 22 | J&M Tank Lines Inc. | 64,241 |
| 23 | Service Transport Co. | 63,191 |
| 24 | Herman R. Ewell Inc. | 61,983 |
| 25 | Transportes Auto Tanques Ochoa | 60,000 est |
| 26 | Prime Inc. | 55,379 |
| 27 | Tidewater Transit Co. | 52,724 est |
| 28 | Schilli Corp. | 52,421 est |
| 29 | Sterling Transport Co. | 48,600 est |
| 30 | Solar Transport | 45,200 |
| 31 | Atlantic Bulk Carrier | 43,546 est |
| 32 | Liquid Trucking Cos. | 42,024 |
| 33 | Mission Petroleum Carriers | 41,155 est |
| 34 | NFI | 39,000 |
| 35 | Dixon Bros. | 28,301 |
| 36 | Sprint Transport | 26,630 est |
| 37 | K-Limited Carrier | 22,500 |
| 38 | Bulk Service Transport | 19,000 |
| 39 | Carbon Express Inc. | 18,645 |
Extras
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107
On the Bubble
Autotransportes de Carga Treguerras
($244 million), is a less-than-truckload and package carrier based in Guanajuato, Mexico.
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, Top 100
Covenant's Q3 Net Income and Revenue Take Slight Dips
Business, For-Hire
Saia Reports Q3 Revenue Growth Amid Network Expansion
Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.
October 25, 2024Business, Logistics, For-Hire, Global Freight, TCA
Anchorage’s International Airport Adds 5 Carriers
The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.
October 25, 2024Business, Logistics, For-Hire, Top 100
Ryder Q3 Profit Slides Even as Acquisitions Boost Revenue
Looking forward, Chief Financial Officer John Diez said Ryder expects earnings growth in the fourth quarter as a result of its contractual portfolio.
October 24, 2024Business, Logistics, For-Hire, Top 100
Mullen Group Q3 Earnings Dip Despite Revenue Growth
The Okotoks, Alberta-based company posted net income of C$38.3 million, or 41 cents a diluted share, for the three months ending Sept. 30.
October 24, 2024Business, 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.
October 24, 2024Business, 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.
October 24, 2024Government, 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.
October 22, 2024Business, 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.
October 22, 2024Business, 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.
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