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
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

Daseke Reports 26% Rise in Revenue for Q1

Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.

Connor D. Wolf | Staff Reporter
May 3, 2022
Government, Business, Technology, Fuel, For-Hire

Shippers Turn to Trucking for Help Meeting Carbon Reduction Goals

LAS VEGAS — As large corporations make bold pledges to achieve carbon neutrality in the coming decades, they are increasingly looking at their supply chains as an opportunity to make progress toward those goals.

Seth Clevenger | Managing Editor, Features and Multimedia
May 3, 2022
Business, For-Hire

Saia Reports 112% Increase in Earnings for Q1

Saia Inc. experienced a 112% year-over-year increase in total earnings for the first quarter, the company reported May 2.

Connor D. Wolf | Staff Reporter
May 2, 2022
Business, For-Hire

USA Truck Reports Earnings, Revenue Growth for Q1

USA Truck posted increased year-over-year profits and revenue during the first quarter, the company reported April 28.

Connor D. Wolf | Staff Reporter
April 29, 2022
Business, For-Hire

ArcBest Reports $1.3 Billion Revenue for Q1

ArcBest Corp. saw a surge in profits and revenue in the first quarter of 2022, the company reported April 29.

Connor D. Wolf | Staff Reporter
April 29, 2022
Business, For-Hire

TFI International Posts Large Profit, Revenue Gains

TFI International more than doubled its first-quarter profit as it capitalized on solid freight demand and the integration of the UPS Freight operations it acquired last year.

Jerry Hirsch | Contributing Writer
April 29, 2022
Business, For-Hire

Forward Air Reports Revenue, Earnings Records for Q1

Forward Air Corp. set all-time quarterly records for revenue, net income and earnings per diluted share during the first quarter, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2022
Business, For-Hire

Covenant Logistics Posts $291.6 Million in Revenue for Q1

Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2022
Business, For-Hire

Old Dominion Freight Line Reports Record Revenue for Q1

Old Dominion Freight Line’s revenue reached a record during the first quarter, the company announced April 27.

Connor D. Wolf | Staff Reporter
April 27, 2022
Business, Logistics, For-Hire

UPS Reports Strong Q1 Earnings Amid Lower Package Volume

UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.

Dan Ronan | Senior Reporter
April 26, 2022
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