Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.
February 2, 2023Sponsored by:
2016 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in the U.S. and Canada
Up Front
Learn how to be included in the 2017 Top 100 For-Hire Carriers listing.
TT’s Dan Bearth hosted a livestream panel discussion on the disruptive influences affecting trucking.
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 Truckload/Dedicated Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Swift Truckload | 3,131,771 |
| 2 | Schneider | 2,380,000 est |
| 3 | Landstar System | 1,894,221 |
| 4 | J.B. Hunt Transport Services | 1,836,766 |
| 5 | Werner Enterprises | 1,644,874 |
| 6 | Penske Logistics | 1,400,000 |
| 7 | U.S. Xpress Enterprises | 1,346,000 |
| 8 | TFI International | 1,263,357 |
| 9 | Knight-Swift Transportation | 952,098 |
| 10 | Ryder Dedicated Transportation Solutions | 895,538 |
| 11 | Crete Carrier Corp. | 775,000 est |
| 12 | XPO | 770,000 |
| 13 | Celadon Trucking Services | 748,337 |
| 14 | Heartland Express | 736,345 |
| 15 | Universal Truckload | 696,134 |
| 16 | CRST The Transportation Solution | 585,587 |
| 17 | Mullen Group | 559,477 |
| 18 | Ruan | 521,063 |
| 19 | Western Express | 520,079 |
| 20 | Canada Cartage | 466,463 |
| 21 | Covenant Logistics Group | 449,029 |
| 22 | Cowan Systems | 432,000 |
| 23 | P.A.M. Transport | 417,050 |
| 24 | Mesilla Valley Transportation | 397,716 |
| 25 | Interstate Distributor Co. | 392,109 |
| 26 | USA Truck | 356,528 |
| 27 | Dart Transit Co. | 349,456 |
| 28 | NFI | 332,700 |
| 29 | Bison Transport | 303,191 |
| 30 | Stan Koch & Sons Trucking | 290,000 |
| 31 | Paschall Truck Lines | 259,301 |
| 32 | Challenger Motor Freight | 258,496 |
| 33 | Southeastern Freight Lines | 227,329 |
| 34 | Martin Transportation Systems | 220,000 |
| 35 | Epes Carriers Inc. | 215,979 |
| 36 | Roehl Transport | 211,154 |
| 37 | Brown Trucking Co. | 176,521 |
| 38 | Anderson Trucking Service | 155,898 |
| 39 | Black Horse Carriers | 143,000 |
| 40 | CalArk | 124,218 |
| 41 | SLH Transport | 114,581 |
| 42 | Day & Ross Freight | 112,324 |
| 43 | Forward Air | 110,950 |
| 44 | Abilene Motor Express | 95,000 est |
| 45 | Titan Transfer | 84,002 |
| 46 | TransX Group of Companies | 79,593 |
| 47 | System Freight | 72,562 |
| 48 | Fastfrate Group | 44,604 |
| 49 | Atlas World Group | 28,501 |
| 50 | A. Duie Pyle | 15,490 |
Extras
North America’s for-hire carriers face an onslaught of regulations and potential disruption from technologies.
101
On the Bubble
Navajo Express Inc.
($175 million), is a refrigerated truckload carrier based in Denver, Colorado.
If your company appears in the 2016 list, you have a few ways to announce it! Visit our logo library to get web- and print-ready graphics.
For-Hire News
Business, Logistics, For-Hire
Landstar System Reports Revenue Decline for Q4
Business, For-Hire, Global Freight
FedEx to Cut Management Jobs by More Than 10%
FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.
February 1, 2023Business, Logistics, For-Hire
FedEx Implementing Ranking System for Delivery Contractors
FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.
January 31, 2023Business, For-Hire
Covenant Sees Year-End Slowdown
Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.
January 26, 2023Business, Logistics, For-Hire
Marten Transport Reports 16th Consecutive Profitable Quarter
Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.
January 25, 2023Business, Technology, Equipment, Autonomous, For-Hire
Former USA Truck CEO James Reed Joins Kodiak
Former USA Truck CEO James Reed has joined autonomous truck technology company Kodiak Robotics, the company announced Jan. 19.
January 23, 2023Business, Equipment, For-Hire
Wabash Inks Long-Term Agreements With Key Carrier, Supplier
Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.
January 20, 2023Business, Logistics, For-Hire
Roadrunner Notches Gains in Transit Times
Roadrunner implemented another round of transit time improvements across its network as part of an ongoing, multiyear process to improve business operations, the company announced Jan. 5
January 9, 2023Business, For-Hire, Global Freight
FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments
FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.
December 21, 2022Business, Logistics, For-Hire
Ryder Plans New Multiclient Distribution Center Near Chicago
Ryder System Inc. will open its 10th multiclient distribution center in the greater Chicago area, the company announced Dec. 14.
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