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2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
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2022 Top 100 For-Hire Carriers List Illustrates Growth of Large Fleets

For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
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How the Pandemic Accelerated Change for Motor Carriers

The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
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Map: Where They Are

Find out where the Top 100 For-Hire Carriers are based.
Rankings

Top Truckload/Dedicated Carriers

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
Data for carriers in this sector may have been updated since the original date of publication.
About the Rankings...

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
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Shippers Turn to Trucking for Carbon Reduction Assistance

Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
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Top 100 For-Hire Carriers Press Release & Logo

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.
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About Us: Transport Topics Top 100 For-Hire Carriers

Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, For-Hire

USA Truck Reports Earnings, Revenue Growth for Q1

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USA Truck posted increased year-over-year profits and revenue during the first quarter, the company reported April 28.

Connor D. Wolf | Staff Reporter
April 29, 2022
Business, For-Hire

ArcBest Reports $1.3 Billion Revenue for Q1

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ArcBest Corp. saw a surge in profits and revenue in the first quarter of 2022, the company reported April 29.

Connor D. Wolf | Staff Reporter
April 29, 2022
Business, For-Hire

TFI International Posts Large Profit, Revenue Gains

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TFI International more than doubled its first-quarter profit as it capitalized on solid freight demand and the integration of the UPS Freight operations it acquired last year.

Jerry Hirsch | Contributing Writer
April 29, 2022
Business, For-Hire

Forward Air Reports Revenue, Earnings Records for Q1

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Forward Air Corp. set all-time quarterly records for revenue, net income and earnings per diluted share during the first quarter, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2022
Business, For-Hire

Covenant Logistics Posts $291.6 Million in Revenue for Q1

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Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2022
Business, For-Hire

Old Dominion Freight Line Reports Record Revenue for Q1

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Old Dominion Freight Line’s revenue reached a record during the first quarter, the company announced April 27.

Connor D. Wolf | Staff Reporter
April 27, 2022
Business, Logistics, For-Hire

UPS Reports Strong Q1 Earnings Amid Lower Package Volume

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UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.

Dan Ronan | Senior Reporter
April 26, 2022
Business, For-Hire

Does Your Business Belong on Our List of Top 100 For-Hire Carriers?

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Think your company deserves a spot on our prestigious 2022 For-Hire Carriers rankings? Or perhaps on one of our sector lists? Fill out our survey so you can be included!

April 25, 2022
Business, Technology, Logistics, For-Hire

Ryder Opens Third E-Commerce Distribution Center in Columbus Market

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Ryder System Inc. opened its third multiclient omnichannel distribution center in Columbus, Ohio, the company announced April 25.

Connor D. Wolf | Staff Reporter
April 25, 2022
Business, For-Hire

Penske Truck Leasing Expands in Washington State

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Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.

April 22, 2022
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