A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.
May 14, 2024Top 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 | Knight-Swift Transportation | 3,636,472 est |
2 | Schneider | 2,187,400 |
3 | Landstar System | 2,163,832 |
4 | J.B. Hunt Transport Services | 2,096,920 |
5 | TFI International | 1,797,453 |
6 | Penske Logistics | 1,700,000 |
7 | Werner Enterprises | 1,635,244 |
8 | U.S. Xpress Enterprises | 1,400,000 |
9 | Ryder Dedicated Transportation Solutions | 1,096,000 |
10 | CRST The Transportation Solution | 945,000 |
11 | Crete Carrier Corp. | 850,000 |
12 | Hub Group Dedicated | 822,410 |
13 | Cardinal Logistics | 720,000 |
14 | Mullen Group | 627,372 |
15 | Heartland Express | 607,336 |
16 | Ruan | 590,968 |
17 | Canada Cartage | 546,309 |
18 | Covenant Logistics Group | 437,100 |
19 | Mesilla Valley Transportation | 430,261 |
20 | Universal Truckload | 396,419 |
21 | P.A.M. Transport | 377,854 |
22 | Dart Transit Co. | 367,214 |
23 | Western Express | 330,000 |
24 | Bison Transport | 327,847 |
25 | NFI | 311,300 |
26 | USA Truck | 302,052 |
27 | Cowan Systems | 266,683 |
28 | Martin Transportation Systems | 261,403 |
29 | Challenger Motor Freight | 258,734 |
30 | Paschall Truck Lines | 238,523 |
31 | Epes Carriers Inc. | 230,767 |
32 | Day & Ross Freight | 228,264 |
33 | Black Horse Carriers | 227,500 |
34 | Evans Delivery | 226,000 |
35 | Roehl Transport | 214,209 |
36 | Southeastern Freight Lines | 209,096 |
37 | Auto Lineas America | 181,000 |
38 | Averitt Express | 180,248 |
39 | Forward Air | 171,970 |
40 | Marten Transport | 166,881 |
41 | Anderson Trucking Service | 163,891 |
42 | Brown Trucking Co. | 160,000 |
43 | Transportistas Unidos Mexicano | 150,400 |
44 | Transportadora Nacional | 145,200 |
45 | Stan Koch & Sons Trucking | 137,234 |
46 | Transportes Cuauhtemoc | 135,700 |
47 | Wilson Logistics | 135,447 |
48 | Pitt Ohio | 126,788 |
49 | A.D. Transport Express | 120,000 |
50 | Trans-Mex Inc. | 118,400 |
51 | Artur Express | 110,000 |
52 | Titanium Transportation Group | 106,790 |
53 | Auto Lineas Regiomontanas | 104,100 |
54 | Kriska Transportation | 102,625 |
55 | G&D Integrated | 101,300 |
56 | Mercer Transportation | 96,562 |
57 | CalArk | 93,657 |
58 | Grupo TMM / Lacto Comercial Organizada | 91,500 |
59 | Titan Transfer | 82,262 |
60 | System Freight | 82,227 |
61 | Legend Transportation | 82,000 |
62 | Express Tres Fronteras | 75,800 |
63 | TransX Group of Companies | 74,797 |
64 | Transportes Quintanilla | 69,500 |
65 | Central de Fletes Monterrey / Transportes Gonzalez (Grupo MG) | 68,400 |
66 | Transportadora Egoba | 66,300 |
67 | Transportes Especializados Antonio de la Torre e Hijos | 65,300 |
68 | Transportes de Nuevo Laredo | 62,100 |
69 | Fleetmaster Express | 61,000 |
70 | Transportes Lar-Mex | 56,900 |
71 | Dupré Logistics | 55,542 |
72 | Fletes Internacionales Coss | 54,700 |
73 | Transportes Lopez e Hijos | 46,300 |
74 | TRACOMEX | 45,200 |
75 | Transportes Elola | 42,000 |
76 | Transportes Internacionales JCV | 41,000 |
77 | Ryder Capital | 39,500 |
78 | Transportes Canales | 38,900 |
79 | Centauros del Sureste | 33,800 |
80 | Transportes Unidos Tampiquenos | 33,700 |
81 | Autotransportes Rapidos de Aguascalientes | 33,500 |
82 | Grupo GOR | 33,300 |
83 | Transportes Sultana | 31,500 |
84 | Autotransportes Dasa | 30,500 |
85 | A. Duie Pyle | 28,500 |
86 | Fastfrate Group | 21,341 |
87 | Transport Investments | 20,581 |
88 | Market Express | 15,831 |
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
Ryder: Switching to a Class 8 EV May Double Vehicle Costs
TFI Buys Quebec-Based Truckload Carrier in Fourth 2024 Deal
TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.
UPS Finance Chief to Leave Parcel Giant to Focus on Health
UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.
Mullen Group Closes ContainerWorld Acquisition
Mullen Group closed its previously announced acquisition of fellow Canadian business ContainerWorld Forwarding Services, the company revealed May 3.
Schneider Reports Revenue Decline of 8% to $1.32B for Q1
Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.
Safety, HR Professionals Connect at ATA Conference
PHOENIX — More than 450 professionals came together to identify ways to improve the trucking industry at ATA's Safety, Security and Human Resources National Conference and Exhibition.
Pitt Ohio Executive Targets EV Infrastructure
WASHINGTON — Ensuring electric commercial vehicles have reliable access to charging infrastructure remains a persistent challenge, a trucking executive recently told policymakers.
ArcBest Reports $1 Billion Revenue for Q1
ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported.
Ryder Continues Cross-Border Expansion With New Facility
Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.
Logistics Supply Chain Shows Steadiness Amid Rough Waters
During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.