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
Government, Business, Technology, For-Hire

Work Continues on Establishing PC-12 Oil Category

PC-12 will replace the current API CK-4 and FA-4 engine oils, but there are still hurdles ahead of the finish line.

Michael Freeze | Features Editor
March 29, 2024
Business, Logistics, For-Hire

UPS Sees Sales, Profit Growth Coming Out of ‘Difficult’ 2023

UPS Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming out of the pandemic.

Kiel Porter | Bloomberg News
March 26, 2024
Business, Logistics, For-Hire

Amazon Delivery Rival Pandion Secures Funding for Expansion

E-commerce logistics startup Pandion — which helps retailers like Saks Fifth Avenue compete with Amazon’s delivery — has secured $41.5 million in fresh funds to expand its operation.

Spencer Soper | Bloomberg News
March 22, 2024
Business, For-Hire

FedEx Plans $5 Billion Buyback of Shares

FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts have helped boost the courier’s profits as fiscal third-quarter earnings beat expectations.

March 21, 2024
Government, Business, Technology, Logistics, For-Hire

Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders

Aerolane is testing a business plan to pull cargo gliders with small freighter planes.

Thomas Black | Bloomberg News
March 19, 2024
Business, Equipment, Logistics, For-Hire

PS Logistics Buys Yordy Transport, Boosts Flatbed Ops Again

Diamond State Trucking & Logistics is to buy Morton, Ill.-based flatbed carrier Yordy Transport for an undisclosed sum, parent company PS Logistics said.

Keiron Greenhalgh | Staff Reporter
March 14, 2024
Business, Logistics, For-Hire

TFI Buys Hercules Forwarding to Boost US LTL Operations

TFI International is to buy less-than-truckload carrier Hercules Forwarding Inc. for an undisclosed sum, it said.

Keiron Greenhalgh | Staff Reporter
March 12, 2024
Business, Technology, Equipment, For-Hire, Private

PepsiCo, Estes Express Earn Sustainability Pathfinder Awards

NEW ORLEANS — Transport Topics has presented its inaugural Sustainability Pathfinder awards to PepsiCo and Estes Express in recognition of efforts to curb emissions and eliminate waste.

March 6, 2024
Business, Logistics, For-Hire

Nearshoring Trend Drives More Border Growth

The nearshoring trend has been driving further transportation and logistics investments near the Mexican border as companies work to capture current and expected future growth.

Connor D. Wolf | Staff Reporter
March 4, 2024
Business, Equipment, Fuel, Logistics, For-Hire, Private

Navistar Launches Integrated Powertrain

Truck maker Navistar announced Feb. 26 it has made the first deliveries of its International LT Series equipped with the International S13 Integrated Powertrain.

Dan Ronan | Senior Reporter
February 29, 2024
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