The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.
August 29, 2024Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Tank Truck/Bulk Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Kenan Advantage Group | 1,404,649 |
2 | Quality Carriers | 822,000 est |
3 | Trimac Transportation Services | 528,672 |
4 | Foodliner/Quest Liner | 317,062 |
5 | Heniff Transportation Systems | 293,000 |
6 | Quantix Supply Chain Solutions | 285,000 est |
7 | Superior Bulk Logistics | 277,000 est |
8 | Groendyke Transport | 245,295 |
9 | Ruan | 164,553 |
10 | Dupré Logistics | 147,916 |
11 | Eagle Transport Corp. | 141,127 |
12 | Martin Transport Inc. | 125,333 |
13 | Florida Rock & Tank Lines | 114,065 |
14 | United Petroleum Transports | 110,000 |
15 | Tankstar USA | 108,985 |
16 | Coastal Transport Co. | 95,331 |
17 | Apex Logistics | 92,543 |
18 | Cliff Viessman Inc. | 92,128 |
19 | J&M Tank Lines Inc. | 76,406 |
20 | Andrews Logistics | 73,926 |
21 | Grammer Industries | 73,158 |
22 | CCC Transportation/ CTL Transportation | 71,925 |
23 | Prime Inc. | 71,921 |
24 | CLI Transport | 64,563 |
25 | Transportes Auto Tanques Ochoa | 60,000 |
26 | Herman R. Ewell Inc. | 58,480 |
27 | Solar Transport | 57,825 |
28 | Service Transport Co. | 56,000 |
29 | Tidewater Transit Co. | 52,724 |
30 | Schilli Corp. | 52,421 |
31 | Sterling Transport Co. | 48,600 |
32 | Liquid Trucking Cos. | 41,683 |
33 | Mission Petroleum Carriers | 41,155 |
34 | NFI | 38,000 |
35 | Sprint Transport | 26,630 |
36 | Dixon Bros. | 25,492 |
37 | K-Limited Carrier | 24,041 |
38 | Carbon Express Inc. | 20,350 |
39 | Bulk Service Transport | 20,000 |
40 | Fleet Transit | 17,961 |
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
On the Bubble
Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say
Estes Purchases Seven Former Yellow Terminals
Estes has closed on lease purchases for seven terminals across the country that used to belong to the defunct carrier Yellow Corp., the company announced Aug. 22.
Kenan Advantage Group Acquires Chemical Transporter TransVac
Kenan Advantage Group on Aug. 20 announced that it acquired specialty transportation provider TransVac.
Mike Gannon Appointed to Lead CRST
CRST has appointed Mike Gannon as its newest president and CEO, the company announced Aug. 23.
August 23, 2024XPO Explores Sale of European Transportation Business
XPO has revived a sale of its European transportation business, according to people familiar with the matter, almost two years since it last scrapped the attempt to divest the operation.
Trucking Insurance Concerns Go Beyond High Premiums
Although high premiums have been a top concern, industry leaders and state regulators have taken action to curb other insurance challenges that greatly affect the industry at large.
August 9, 2024Forward Air Posts Q2 Loss, but Revenue Soars on Acquisition
Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.
ArcBest Q2 Profit Climbs on LTL Margin, Price Increase
Profit at ArcBest rose 16.1% year over year in the second quarter as an improvement in less-than-truckload revenue per shipment and an increase in prices trumped a decline in shipments.
Hub Group Misses Analyst Expectations on Weak Q2 Market
Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.
Schneider Q2 Profit Slumps as Intermodal, Logistics Revenue Falls
Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.