2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 Knight-Swift Transportation 4,098,000
2 Landstar System 3,525,800
3 J.B. Hunt Transport Services 3,374,200
4 TFI International 2,136,100
5 Schneider 1,900,000
6 Werner Enterprises 1,789,100
7 U.S. Xpress Enterprises 1,567,500
8 Ryder Dedicated Transportation Solutions 1,457,200
9 Crete Carrier Corp. 1,304,000
est
10 Penske Logistics 1,101,000
est
11 CRST The Transportation Solution 1,000,000
12 Ruan 733,669
est
13 NFI 689,100
14 Heartland Express 607,000
15 Western Express 573,900
16 C.R. England 555,300
17 Day & Ross Freight 521,000
18 Mesilla Valley Transportation 494,000
19 P.A.M. Transport 473,800
20 Universal Truckload 453,000
21 USA Truck 440,300
22 Averitt Express 423,700
23 Cardinal Logistics 422,000
24 Cowan Systems 386,400
25 Bison Transport 384,100
26 Marten Transport 329,400
27 Covenant Logistics Group 324,500
28 Western Flyer Express 320,000
29 Dart Transit Co. 312,000
est
30 Roehl Transport 299,900
31 New Legend 294,000
32 Artur Express 271,900
33 Hub Group Dedicated 264,600
34 Canada Cartage 256,400
35 Paschall Truck Lines 250,000
36 Smith Transport 246,000
est
37 Anderson Trucking Service 235,300
38 Forward Air 223,000
39 Lily Transportation 220,000
est
40 Evans Delivery 180,000
41 Challenger Motor Freight 172,500
est
42 Paper Transport 169,400
43 Stan Koch & Sons Trucking 168,000
44 Red Classic 152,400
45 Ascend 148,000
46 GP Transco 146,100
47 Wilson Logistics 136,000
est
48 System Freight 120,500
49 Transervice Logistics 110,800
50 Cargo Transporters 107,400
51 A. Duie Pyle 100,600
52 Titan Transfer 100,000
53 R&R Family of Cos. 93,200
54 Nussbaum Transportation 92,000
est
55 Mercer Transportation 85,700
56 Highlight Motor Group 85,300
est
57 Cheema Freightlines 83,500
58 Southeastern Freight Lines 80,400
59 Best Logistics Group 65,900
60 JRayl Transport 63,000
est
61 Barnes Transportation Services 55,000
62 TGR Logistics 50,000
63 Meiborg Inc. 48,000
64 Dupré Logistics 47,000
65 Alabama Motor Express 46,000
66 Leonard's Express 42,000
67 Atech Logistics 40,000
68 McCollister's Global Services 35,000
69 Beemac Trucking 24,100
70 Atlas World Group 14,600
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, For-Hire

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.

Connor D. Wolf | Staff Reporter
April 30, 2024
Business, Logistics, For-Hire

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.

Connor D. Wolf | Staff Reporter
April 30, 2024
Government, Business, Technology, Logistics, Autonomous, For-Hire

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.

Amanda Smith-Teutsch | Special to Transport Topics
April 29, 2024
Business, For-Hire

TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market

Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.

Keiron Greenhalgh | Staff Reporter
April 26, 2024
Business, Equipment, For-Hire

Intermodal Chassis Manufacturers Pull Back on Output

Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
For-Hire, Top 100

Top 100 For-Hire Carriers: How to Get on the List

Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.

April 25, 2024
Business, For-Hire

Knight-Swift Reports Earnings Drop Amid Revenue Growth

Knight-Swift Transportation Holdings saw its first-quarter bottom-line results swing from a profit to a loss.

Connor D. Wolf | Staff Reporter
April 25, 2024
Business, For-Hire

Mullen Group Reports Lower Revenue for Q1

Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.

Connor D. Wolf | Staff Reporter
April 25, 2024
Business, Logistics, For-Hire

Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

Keiron Greenhalgh | Staff Reporter
April 24, 2024
Business, For-Hire

ODFL Reports Q1 Revenue and Earnings Growth

Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.

Connor D. Wolf | Staff Reporter
April 24, 2024
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