Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.
November 5, 2024Sponsored by:
2018 Essential Financial and Operating Information for the 100 largest For-Hire Carriers in North America
Up Front
Here’s what North America’s top fleets are doing to get employees of all levels involved in the process of innovation.
In which regions of the country are the 2018 Top 100 For-Hire Carriers concentrated? Check out our interactive map.
Our experts discuss just how intensely for-hire carriers are embracing technology and innovation in a competitive environment.
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 | 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 |
Extras
Learn more about Transport Topics' Top 100 For-Hire Carriers
102
On the Bubble
Navajo Express
($238 million), is a refrigerated truckload carrier based in Denver.
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For-Hire News
Business, For-Hire
Ongoing Truckload Weakness, Helene Hurt P.A.M. Q3 Profit
Business, Logistics, For-Hire, Top 100
Forward Air Revenue Soars 92%; Net Loss Hits $34M
The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.
November 5, 2024Business, Logistics, For-Hire, Private, Global Freight
Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees
Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.
November 4, 2024Business, Logistics, For-Hire, Top 100
Werner Revenue and Profit Decline on Q3 Market Struggles
The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.
October 30, 2024Business, Logistics, For-Hire, Top 100
XPO Net Income Climbs 10% on Strong LTL Pricing in Q3
XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.
October 30, 2024Business, Logistics, For-Hire, Top 100
Covenant's Q3 Net Income and Revenue Take Slight Dips
The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.
October 29, 2024Business, For-Hire
Saia Reports Q3 Revenue Growth Amid Network Expansion
Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.
October 25, 2024Business, Logistics, For-Hire, Global Freight, TCA
Anchorage’s International Airport Adds 5 Carriers
The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.
October 25, 2024Business, Logistics, For-Hire, Top 100
Ryder Q3 Profit Slides Even as Acquisitions Boost Revenue
Looking forward, Chief Financial Officer John Diez said Ryder expects earnings growth in the fourth quarter as a result of its contractual portfolio.
October 24, 2024Business, Logistics, For-Hire, Top 100
Mullen Group Q3 Earnings Dip Despite Revenue Growth
The Okotoks, Alberta-based company posted net income of C$38.3 million, or 41 cents a diluted share, for the three months ending Sept. 30.
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