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, 2024Sponsored by:
2017 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
The nation’s top for-hire carriers are taking steps to shore up capacity in anticipation of increasing demand for freight hauling and a tighter market for drivers.
Find out what carriers are doing to prepare for what looks like increased demand for freight hauling this year and next.
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 | 3,019,295 |
| 2 | Schneider | 2,090,953 |
| 3 | J.B. Hunt Transport Services | 1,920,950 |
| 4 | Landstar System | 1,900,406 |
| 5 | Werner Enterprises | 1,533,981 |
| 6 | Penske Logistics | 1,500,000 |
| 7 | U.S. Xpress Enterprises | 1,320,000 |
| 8 | TFI International | 1,231,714 |
| 9 | Ryder Dedicated Transportation Solutions | 1,020,895 |
| 10 | Cardinal Logistics | 935,000 |
| 11 | CRST The Transportation Solution | 905,000 |
| 12 | Knight-Swift Transportation | 900,368 |
| 13 | Celadon Trucking Services | 850,000 |
| 14 | Crete Carrier Corp. | 780,000 |
| 15 | Universal Truckload | 629,200 |
| 16 | Heartland Express | 612,937 |
| 17 | Ruan | 524,127 |
| 18 | Mullen Group | 520,272 |
| 19 | Canada Cartage | 452,728 |
| 20 | P.A.M. Transport | 432,852 |
| 21 | Mesilla Valley Transportation | 402,940 |
| 22 | Covenant Logistics Group | 375,564 |
| 23 | Interstate Distributor Co. | 370,168 |
| 24 | Dart Transit Co. | 349,031 |
| 25 | Black Horse Carriers | 337,500 |
| 26 | Western Express | 315,095 |
| 27 | NFI | 315,000 |
| 28 | Bison Transport | 304,782 |
| 29 | USA Truck | 295,807 |
| 30 | Cowan Systems | 258,761 |
| 31 | Challenger Motor Freight | 258,006 |
| 32 | Hub Group Dedicated | 250,000 |
| 33 | Martin Transportation Systems | 237,500 |
| 34 | Paschall Truck Lines | 232,896 |
| 35 | Epes Carriers Inc. | 216,652 |
| 36 | Roehl Transport | 207,048 |
| 37 | Southeastern Freight Lines | 206,673 |
| 38 | Auto Lineas America | 169,600 |
| 39 | Brown Trucking Co. | 168,218 |
| 40 | Forward Air | 164,300 |
| 41 | Marten Transport | 157,370 |
| 42 | Anderson Trucking Service | 156,577 |
| 43 | Transportistas Unidos Mexicano | 141,000 |
| 44 | Transportadora Nacional | 136,100 |
| 45 | Stan Koch & Sons Trucking | 132,440 |
| 46 | Transportes Cuauhtemoc | 127,200 |
| 47 | Trans-Mex Inc. | 111,000 |
| 48 | Day & Ross Freight | 100,433 |
| 49 | A.D. Transport Express | 100,000 |
| 50 | CalArk | 99,434 |
| 51 | Auto Lineas Regiomontanas | 97,600 |
| 52 | Titanium Transportation Group | 91,258 |
| 53 | Raven Transport | 89,000 |
| 54 | TransX Group of Companies | 88,972 |
| 55 | Titan Transfer | 87,808 |
| 56 | Grupo TMM / Lacto Comercial Organizada | 85,800 |
| 57 | Abilene Motor Express | 85,350 |
| 58 | Mercer Transportation | 83,178 |
| 59 | J. Rayl Transport | 76,408 |
| 60 | System Freight | 76,407 |
| 61 | SLH Transport | 71,003 |
| 62 | Express Tres Fronteras | 71,000 |
| 63 | Transportes Quintanilla | 65,100 |
| 64 | Central de Fletes Monterrey / Transportes Gonzalez (Grupo MG) | 64,100 |
| 65 | Transportadora Egoba | 62,100 |
| 66 | Transportes Especializados Antonio de la Torre e Hijos | 61,200 |
| 67 | Freight Exchange | 60,000 |
| 68 | Transportes de Nuevo Laredo | 58,200 |
| 69 | Star Transportation | 53,652 |
| 70 | Transportes Lar-Mex | 53,300 |
| 71 | Fletes Internacionales Coss | 51,300 |
| 72 | Evans Delivery | 50,500 |
| 73 | Dupré Logistics | 47,677 |
| 74 | Transportes Lopez e Hijos | 43,400 |
| 75 | TRACOMEX | 42,400 |
| 76 | Transportes Elola | 39,400 |
| 77 | Transportes Internacionales JCV | 38,400 |
| 78 | Ryder Capital | 37,000 |
| 79 | Transportes Canales | 36,500 |
| 80 | Centauros del Sureste | 31,700 |
| 81 | Transportes Unidos Tampiquenos | 31,600 |
| 82 | Autotransportes Rapidos de Aguascalientes | 31,400 |
| 83 | Grupo GOR | 31,200 |
| 84 | Transportes Sultana | 29,500 |
| 85 | Autotransportes Dasa | 28,600 |
| 86 | Shevell Group | 20,000 |
| 87 | Fastfrate Group | 16,600 |
| 88 | Bolt Express | 14,555 |
Extras
About Us: Transport Topics' Top 100 For-Hire Carriers
101
On the Bubble
Melton Truck Lines Inc.
($222 million), Based in Tulsa, Okla, this company provides freight brokerage and transportation management services and sells equipment through a subsidiary called Liberty Truck and Trailer Leasing.
If your company appears on the 2017 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
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Business, 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.
February 1, 2024Business, Logistics, For-Hire
Landstar Reports 28% Revenue Decline for Q4
Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.
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