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, 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
If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
110
On the Bubble
Magnate Worldwide
($235 million), is an air and expedited carrier based in Toledo, Ohio
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, For-Hire
Knight-Swift Reports Nearly $1.9B in Revenue for Q3
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.
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.
October 17, 2024Business, 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.
October 16, 2024Business, 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.
October 9, 2024Business, 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.
October 8, 2024Business, 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.
October 3, 2024Business, 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.
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