Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.
February 9, 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 | 3,471,064 |
2 | Landstar System | 2,791,494 |
3 | J.B. Hunt Transport Services | 2,580,506 |
4 | Schneider | 2,268,000 |
5 | Werner Enterprises | 1,881,323 |
6 | TFI International | 1,843,687 |
7 | U.S. Xpress Enterprises | 1,600,000 |
8 | Ryder Dedicated Transportation Solutions | 1,333,313 |
9 | CRST The Transportation Solution | 1,011,000 |
10 | Penske Logistics | 919,000 est |
11 | Crete Carrier Corp. | 860,000 |
12 | Celadon Trucking Services | 762,000 est |
13 | Mullen Group | 674,027 |
14 | Ruan | 648,539 |
15 | Cardinal Logistics | 648,000 |
16 | Heartland Express | 610,803 |
17 | Covenant Logistics Group | 591,900 |
18 | Canada Cartage | 501,659 |
19 | Universal Truckload | 434,834 |
20 | P.A.M. Transport | 426,609 |
21 | Western Express | 406,831 |
22 | Dart Transit Co. | 384,336 |
23 | Mesilla Valley Transportation | 383,950 |
24 | Bison Transport | 372,387 |
25 | NFI | 369,000 |
26 | USA Truck | 347,729 |
27 | Hub Group Dedicated | 292,857 |
28 | Cowan Systems | 292,572 |
29 | Challenger Motor Freight | 285,000 |
30 | Black Horse Carriers | 277,000 |
31 | Paschall Truck Lines | 259,000 |
32 | Day & Ross Freight | 256,161 |
33 | Martin Transportation Systems | 255,199 |
34 | Wilson Logistics | 250,000 |
35 | Evans Delivery | 245,606 |
36 | Roehl Transport | 237,681 |
37 | Southeastern Freight Lines | 228,067 |
38 | Marten Transport | 223,852 |
39 | Anderson Trucking Service | 217,180 |
40 | C.A.T. Inc. | 208,382 |
41 | Forward Air | 192,600 |
42 | Auto Lineas America | 191,100 |
43 | Averitt Express | 181,096 |
44 | Transportistas Unidos Mexicano | 158,800 |
45 | Stan Koch & Sons Trucking | 158,225 |
46 | Brown Trucking Co. | 155,000 |
47 | Transportadora Nacional | 153,300 |
48 | Pitt Ohio | 148,283 |
49 | Transportes Cuauhtemoc | 143,300 |
50 | Paper Transport | 142,882 |
51 | Titanium Transportation Group | 142,780 |
52 | Red Classic | 138,000 |
53 | Mercer Transportation | 137,008 |
54 | G&D Integrated | 130,700 |
55 | Legend Transportation | 127,000 |
56 | Artur Express | 125,950 |
57 | Trans-Mex Inc. | 125,000 |
58 | A.D. Transport Express | 120,000 |
59 | AAA Cooper Transportation | 119,000 |
60 | Cargo Transporters | 116,719 |
61 | Auto Lineas Regiomontanas | 109,900 |
62 | Kriska Transportation | 102,625 |
63 | Raven Transport | 102,000 est |
64 | System Freight | 99,249 |
65 | CalArk | 96,292 |
66 | J. Rayl Transport | 93,000 |
67 | Titan Transfer | 84,967 |
68 | Express Tres Fronteras | 80,000 |
69 | TransAmerica Express Logistics | 80,000 |
70 | Transportes Quintanilla | 73,400 |
71 | Transportes Especializados Antonio de la Torre e Hijos | 69,000 |
72 | Transportes de Nuevo Laredo | 65,600 |
73 | American Central Transport | 65,000 |
74 | Halvor Lines | 62,422 |
75 | Highlight Motor Group | 61,335 |
76 | Fleetmaster Express | 61,000 |
77 | Transportes Lar-Mex | 60,100 |
78 | Fletes Internacionales Coss | 57,800 |
79 | Transportes Lopez e Hijos | 48,900 |
80 | TRACOMEX | 47,700 |
81 | Transportes Elola | 44,400 |
82 | Transportes Internacionales JCV | 43,300 |
83 | Transportes Canales | 41,100 |
84 | A. Duie Pyle | 40,900 |
85 | Market Express | 40,815 |
86 | Alabama Motor Express | 37,500 |
87 | Centauros del Sureste | 35,700 |
88 | Transportes Unidos Tampiquenos | 35,600 |
89 | Autotransportes Rapidos de Aguascalientes | 35,400 |
90 | Wright Transportation | 35,400 |
91 | Grupo GOR | 35,200 |
92 | Blackhawk Transport | 32,482 |
93 | Autotransportes Dasa | 32,200 |
94 | Dupré Logistics | 28,318 |
95 | Atlas World Group | 24,500 |
96 | Meiborg Inc. | 24,000 |
97 | TGR Logistics | 23,000 |
98 | Schuster Co. | 20,800 |
99 | Transport Investments | 18,476 |
100 | IMC Logistics | 18,428 |
101 | ContainerPort Group | 15,000 |
102 | Brenny Transportation | 15,000 |
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
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Forward Air CEO Tom Schmitt Exits After Omni Deal Completion
Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
ArcBest Reports 31% Earnings Gain Despite Revenue Drop
ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.
Auto Stoppages Push P.A.M. Transportation Into Red in Q4
Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.
Saia Targets Further Expansion Via $1 Billion in 2024 Capex
Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.
Fleets, Suppliers Work to Curb Fuel Card Skimming
Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.
VMRS Portal Is Nearly Here
The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.
Schneider Reports 12% Revenue Decline for Q4
Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.
Landstar Reports 28% Revenue Decline for Q4
Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.