Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.
May 4, 2023Sponsored 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
110
On the Bubble
Oak Harbor Freight Lines
($197 million), Ed and David Vander Pol are co-presidents of this regional LTL carrier established in 1916 and based in Auburn, Wash. The company operates a network of 33 terminals in five western states.
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For-Hire News
Government, Logistics, For-Hire
Yellow Reports Q1 Loss
Business, Technology, Fuel, Logistics, For-Hire
Ryder Introduces Electric Vehicle Service
ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.
May 2, 2023Business, Equipment, For-Hire
Forward Air Reports Revenue and Earnings Decline for Q1
Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.
May 1, 2023Business, Technology, Equipment, Logistics, For-Hire, Global Freight
FedEx Freight Plans Closure of 29 Locations
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
May 1, 2023Business, Equipment, For-Hire, TCA
Penske to Acquire Michigan-Based Star Truck Rentals
Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.
May 1, 2023Business, Logistics, For-Hire
Hub Group Reports Revenue and Earnings Decline for Q1
Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
April 28, 2023Business, Logistics, For-Hire
Universal Logistics Reports Weaker Q1 Amid Softening Market
Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
April 28, 2023Business, Logistics, For-Hire
Landstar Reports Revenue and Earnings Decline for Q1
Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.
April 27, 2023Business, Equipment, Logistics, For-Hire
Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices
Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.
April 27, 2023Business, Equipment, For-Hire
Wabash Q1 Profit Jumps as Sales, Order Backlog Soar
Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.
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