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, For-Hire, Top 100

Landstar Q2 Profits Dip Amid Dry Van Market Softness

Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.

Keiron Greenhalgh | Staff Reporter
August 1, 2024
Business, Logistics, For-Hire, Top 100

Werner Spots Signs of Hope Despite Disappointing Q2

Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.

Keiron Greenhalgh | Staff Reporter
July 31, 2024
Business, Logistics, For-Hire

Estes Eyes 12% Terminal Door Total Increase in 2024

Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Business, For-Hire

Saia Lifts Target for 2024 Terminal Openings to 21

Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Business, For-Hire, Top 100

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Government, Business, Technology, Safety, Logistics, For-Hire, Private, Global Freight

FAA Clears Drone Companies to Operate in Shared Airspace

The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.

Allyson Versprille | Bloomberg News
July 30, 2024
Business, Logistics, For-Hire

Saia Q2 Profit, Revenue Rise on Former Yellow Facilities

Profits and revenues at Saia Inc. jumped in the second quarter of 2024 as the carrier continued to benefit from the collapse of erstwhile less-than-truckload rival Yellow Corp.

Keiron Greenhalgh | Staff Reporter
July 29, 2024
Business, For-Hire

TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls

TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Equipment, Logistics, For-Hire, Top 100

Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains

Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

Connor D. Wolf | Staff Reporter
July 25, 2024
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