TFI International’s truckload operations could be merged with a competitor to divide the Montreal-based company into two publicly traded entities, likely in 2025, its CEO said Feb. 9.
February 9, 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.
104
On the Bubble
Cassens Transport Co.
($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
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
TFI Eyes Merger for Truckload Operations as Part of Spinoff
Business, Logistics, For-Hire
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.
February 9, 2024Business, Logistics, For-Hire
Forward Air CEO Tom Schmitt Exits After Omni Deal Completion
Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
February 8, 2024Business, Technology, Logistics, Autonomous, For-Hire
Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
February 8, 2024Business, For-Hire
ArcBest Reports 31% Earnings Gain Despite Revenue Drop
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, 2024Business, For-Hire
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.
February 5, 2024Business, For-Hire
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.
February 5, 2024Business, Technology, Safety, Fuel, For-Hire
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.
February 5, 2024Business, Technology, For-Hire
VMRS Portal Is Nearly Here
The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.
February 2, 2024Business, Logistics, For-Hire
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.
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