FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.
September 16, 2022Top 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 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
FedEx Tumbles After Pulling Annual Earnings Forecast
Hiring for Uncertain Holiday Season Continues
Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.
UPS to Hire 100,000 Seasonal Workers Ahead of Holidays
UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.
ATA Group Advances Trucking Diversity Initiative
A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.
PS Logistics Completes Acquisition, Agreement
PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.
August 26, 2022U.S. Xpress Cuts Nondriving Staff, Slows Spending
CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.
Covenant Official Says Range Is Biggest Factor in EV Adoption
CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.
U.S. Xpress Partners With School to Launch Supply Chain Program
High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.
PS Logistics Subsidiary Acquires Noble
DMT Trucking announced Aug. 9 that it has completed its acquisition of the Scottsboro, Ala.-based Noble family of transportation businesses.
August 18, 2022XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change
XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.