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

Roadrunner Offers Free LTL Delivery on Late Shipments

Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.

Keiron Greenhalgh | Staff Reporter
October 23, 2023
Business, For-Hire

Knight-Swift Reports 69% Earnings Drop in Q3

Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.

Connor D. Wolf | Staff Reporter
October 20, 2023
Business, For-Hire

Mullen Group Reports Mixed Q3 Results

Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.

Connor D. Wolf | Staff Reporter
October 19, 2023
Business, Logistics, For-Hire

Marten Revenue Nears $280 Million Amid Tough Q3 Market

Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.

Connor D. Wolf | Staff Reporter
October 19, 2023
Business, Technology, Equipment, Logistics, Autonomous, For-Hire

Autonomous Trucks Could Create Safer Roads, Better Jobs

AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.

Seth Clevenger | Managing Editor, Features and Multimedia
October 19, 2023
Government, Business, Equipment, For-Hire

Yellow Aims to Appoint Auction Houses for Rolling Stock Sale

The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.

Keiron Greenhalgh | Staff Reporter
October 18, 2023
Business, Logistics, For-Hire

J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year

J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.

Keiron Greenhalgh | Staff Reporter
October 17, 2023
Business, Equipment, For-Hire

Yellow Extends Bid Deadline for Trucks, Trailers

Yellow Corp. has rescheduled the bid deadline for its fleet of trucks and trailers, according to court documents related to the shuttered carrier’s ongoing bankruptcy proceedings.

Keiron Greenhalgh | Staff Reporter
October 15, 2023
Business, Technology, For-Hire

Estes Rating, Quoting System Returns to Action After Cyberattack

Estes Express Lines late Oct. 12 said its rating and quoting system, as well as telephone lines and email access, were again operational following a cyberattack earlier in the month.

Keiron Greenhalgh | Staff Reporter
October 13, 2023
Business, Technology, Equipment, For-Hire, Private

Mercedes Unveils Longhaul Electric Truck

Mercedes-Benz Trucks revealed a heavy-duty electric truck to take on Tesla Inc.’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.

William Wilkes | Bloomberg News
October 10, 2023
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