2020 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front
Fleets have been overcoming unprecedented challenges to keep essential freight moving during the pandemic.
See the locations of the headquarters for each of the Top 100 for-hire carriers in North America.
COVID-19 has transformed 2020 into a tumultuous year for trucking, but the Top 100 list remains stable, at least for now.
Rankings
Rank Company Revenue (000)
1 UPS Inc. 60,713,000
2 FedEx Corp. 57,558,000
3 Purolator 1,166,279
4 OnTrac Inc. 618,000
est
5 TFI International 473,644
6 LaserShip Inc./OnTrac Inc. 452,000
est
7 Diligent Delivery Systems 157,080
8 Spee-Dee Delivery Service 151,400
9 Pace Runners 59,000
est
10 Day & Ross 39,914
11 Auto Express Tijuana Mexico 38,600
est
12 Pitt Ohio 33,132
Extras
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102

On the Bubble

Daylight Transport ($262 million), is a regional and interregional less-than-truckload carrier based in Long Beach, Calif.
Learn more about Transport Topics' Top 100 For-Hire Companies publication.
COVID-19 has created significant financial challenges for many trucking and logistics companies.
Fleets are emphasizing cleaning and physical distancing at loading docks to help protect drivers from COVID-19.
Drivers have been more isolated than usual during the pandemic due to social distancing measures.
Market uncertainty due to COVID-19 has depressed demand for new trucking equipment.
Small trucking companies such as Boyle Transportation are playing a direct role in the response to COVID-19.
Industry experts explain how this public health crisis might change freight transportation in the years ahead.
For-Hire News
Business, Equipment, Logistics, For-Hire, TCA

TFI Chassis Buys Mickey Truck Bodies Land in North Carolina

A portfolio of 41 Mickey Truck Bodies property tracts in High Point, N.C., has been flipped for $35.52 million to TFI Chassis Portfolio.

Richard Craver | News & Record, Greensboro, N.C.
January 21, 2025
Business, Technology, Equipment, Logistics, For-Hire, Top 100

J.B. Hunt Ends 2024 With Slight Revenue Decline

The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

Connor D. Wolf | Staff Reporter
January 17, 2025
Business, Logistics, For-Hire

A. Duie Pyle Reopens Ex-Yellow Terminals

A. Duie Pyle in a fast start to 2025 set in motion plans to open four new less-than-truckload terminals.

Keiron Greenhalgh | Staff Reporter
January 17, 2025
Business, Logistics, For-Hire

Truckload Rate Outlook for 2025 Softens, Remains Positive

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

Keiron Greenhalgh | Staff Reporter
January 15, 2025
Business, Technology, Equipment, For-Hire

Fleets Turn to Remanned Parts to Reduce Operating Costs

The impact of a three-year freight recession and consistently rising costs is providing both opportunity and challenge for truck parts remanufacturers in the dubbed “reman” market.

Gary Frantz | Special to Transport Topics
January 13, 2025
Business, Logistics, For-Hire, Top 100

Forward Air Probes Sale, Merger, Divestment Options

Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.

Keiron Greenhalgh | Staff Reporter
January 8, 2025
Business, Logistics, For-Hire, Top 100

Atlas Acquires Canadian Customs Specialist Orbit Brokers

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

Keiron Greenhalgh | Staff Reporter
January 7, 2025
Business, Equipment, Logistics, For-Hire, Top 100

Pitt Ohio Buys LTL Carrier Sutton Transport

Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.

Keiron Greenhalgh | Staff Reporter
January 7, 2025
Business, Logistics, For-Hire, Top 100

Why 2025 Could Be the Year of the Corporate Spinoff

Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.

Natalia Kniazhevich | Bloomberg News
January 6, 2025
Business, Technology, Logistics, For-Hire

Health Care Business Becomes $20 Billion Lifeline for UPS

UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.

Cailley LaPara | Bloomberg News
January 6, 2025
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