Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
July 27, 2022Sponsored 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
103
On the Bubble
PGT Holdings
($214 million), Patrick Gallagher is chairman and CEO and Gregg Troian is president of this flatbed/heavy specialized carrier based in Monaca,Penn. The company has a fleet of 560 company-owned tractors and another 460 tractors provided by owner operators. A subsidiary called Southern Pines Trucking provides cyrogenic transportation services.
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For-Hire News
Business, Logistics, For-Hire, Top 100
ODFL Reports Profit, Revenue Records for Second Quarter
Business, Equipment, Logistics, For-Hire
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Business, For-Hire
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
July 26, 2022Business, Technology, Autonomous, For-Hire
10 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
July 26, 2022Business, For-Hire
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
July 22, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022Business, Logistics, For-Hire
J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
July 20, 2022Business, Logistics, For-Hire, Top 100
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
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