FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.
March 17, 2023Top 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
FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective
New UPS Distribution Center in N.C. to Create 60 Driver Jobs
Some 60 new truck driver jobs are coming to southeastern North Carolina in the largest business venture there in 40 years thanks to a new UPS distribution center.
January Net Trailer Orders Drop 58% Following Year-End Surge
U.S. trailer orders in January decreased 9% year-over-year to 24,300 from 26,595 a year earlier, reported ACT Research. This comes a month after net trailer orders reached their second-highest level on record at 57,300. Also, orders dropped 58% from near-record results the prior month.
FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall
FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
Forward Air Reports Q4, Full-Year Records
Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.
Electric, Autonomous Trucks Hold Promise, Executives Say
LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.
Forward Air Expands in Chicago Area With New Terminal
Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.
ArcBest Reports Earnings Decline, Revenue Gain for Q4
ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.
Schneider Reports 18% Earnings Decline for Q4
Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.
Landstar System Reports Revenue Decline for Q4
Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.