2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 Kenan Advantage Group 1,903,700
2 Quality Carriers 850,000
3 Trimac Transportation Services 600,000
est
4 Heniff Transportation Systems 562,000
est
5 Foodliner/Quest Liner 437,100
6 Roehl Transport 298,000
7 Quantix Supply Chain Solutions 275,100
8 Groendyke Transport 273,125
est
9 Evans Delivery 140,000
10 Martin Transport Inc. 111,600
11 Dupré Logistics 109,200
12 Prime Inc. 96,700
13 Apex Logistics 81,800
14 Andrews Logistics 69,463
est
15 J&M Tank Lines 64,241
est
16 NFI 37,000
17 Cardinal Logistics 35,000
18 Wynne Transport Services 29,700
19 Canada Cartage 28,000
20 PGT Holdings 22,523
est
21 Bulk Service Transport 20,000
22 ATG Transport 18,300
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, Logistics, For-Hire

J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion

J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.

Connor D. Wolf | Staff Reporter
July 20, 2022
Business, Logistics, For-Hire, Top 100

Marten Reports Record-Breaking Results for Q2

Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.

Connor D. Wolf | Staff Reporter
July 19, 2022
Business, Logistics, For-Hire

UPS Expands Cargo Services in India to Seize Airfreight Boom

UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.

Ragini Saxena | Bloomberg News
July 19, 2022
Business, Logistics, For-Hire, Top 100

Trucking Faces Pressure to Prepare for Holidays Early

Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.

Connor D. Wolf | Staff Reporter
July 18, 2022
Business, Logistics, For-Hire

Averitt Announces Pay Increases for Drivers

Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.

Dan Ronan | Senior Reporter
July 13, 2022
Business, Logistics, For-Hire, Top 100

XPO Names New Tech Brokerage Company RXO

XPO Logistics’ new tech-enabled brokerage platform that is set to begin operations in the fourth quarter will be called RXO, the company announced July 12.

Dan Ronan | Senior Reporter
July 12, 2022
Business, Logistics, For-Hire

J.B. Hunt Expedites Overseas Delivery of New Containers

J.B. Hunt Transport Services Inc. has expedited overseas delivery of new containers as part of its commitment to grow intermodal capacity, the company announced June 30.

June 30, 2022
Business, Technology, Fuel, Logistics, For-Hire

Hyliion, Cummins Collaborate on Hypertruck ERX

Hyliion Inc. announced it is collaborating with Cummins Inc. to bring Hyliion’s natural gas extended range powertrain to North American trucking on schedule.

Roger Gilroy | Senior Reporter
June 30, 2022
Business, Logistics, For-Hire

FedEx Predicts Profit Growth Under Three-Year Plan

FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.

Thomas Black | Bloomberg News
June 29, 2022
Business, Technology, Logistics, Autonomous, For-Hire

J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Program

J.B. Hunt Transport Services Inc. and Waymo added the home goods company Wayfair to its autonomous trucking program, the companies announced June 28.

June 28, 2022
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