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 This Year Rank Last Year Company Revenue (000) Net Income (000) Employees Tractors* Trailers
1 1 97,300,000 12,900,000 534,000 15,554 85,398
2 2 91,683,000 6,118,000 577,000 37,488 136,947
3 3 12,800,000 323,000 42,000 7,900 25,800
4 4 12,168,000 760,800 34,978 18,617 39,994
5 5 7,220,000 664,000 29,539 22,812 50,091
6 9 6,538,000 721,000 1,399 11,864 18,307
7 6 6,000,000 966,000 27,900 21,351 75,019
8 7 5,600,000 405,000 16,050 11,300 36,700
9 10 5,256,000 1,034,000 24,372 10,403 41,220
10 8 5,122,000 104,000 32,000 14,200 42,000
11 11 4,612,000 166,000 41,900 70,700 43,500
12 12 4,447,000 - 21,700 8,500 34,000
13 13 4,232,000 171,000 5,000 3,600 6,100
14 15 3,980,000 214,000 14,000 4,360 23,438
15 14 3,700,000 - 19,994 5,583 13,771
16 16 3,100,000 - 15,500 4,600 13,000
17 17 2,734,000 259,000 13,525 8,775 27,225
18 22 2,600,000 293,000 13,533 522 2,005
19 19 2,427,000
est
- 6,774 19,709
20 18 2,408,000 351,000 4,411 7,601 14,700
21 20 2,300,000 335,000 12,000 5,600 19,300
22 27 2,050,000 - 650 9,000 3,000
23 21 1,949,000 11,000 8,689 6,400 13,600
24 23 1,904,000
est
- 9,311 7,121 12,235
25 24 1,800,000 - 6,536 4,894 14,289
26 29 1,751,000 - 8,000 4,066 3,800
27 33 1,662,000 116,000 4,327 865 6,370
27 47 1,662,000
est
- 0
29 25 1,644,000 - 6,588 3,833 5,897
30 32 1,567,000 - 2,325 2,588 7,082
31 26 1,557,000 56,000 4,006 4,697 11,266
32 36 1,532,000 - 9,000 5,090 15,071
33 30 1,499,000 - 835 2,889 4,767
34 31 1,489,000 - 8,400 4,600 9,150
35 34 1,476,000 - 8,490 2,788 8,060
36 40 1,375,000 - 3,100 3,625 5,700
37 37 1,304,000 - 6,500 5,000 13,000
38 35 1,227,820 - 5,500 3,475 8,210
39 39 1,080,000 - 2,472 880 2,430
40 46 1,046,000 - 5,600 2,563 5,213
40 43 1,046,000
est
- 2,953 11,877
42 54 998,000 - 1,114 2,726 1,865
43 72 983,000 - 2,371 1,700 150
44 45 981,000 - 4,200 3,025 8,000
45 51 977,000 - 4,400 3,150 8,400
46 49 974,000 17,000 655 1,653 3,615
46 42 974,000 85,000 4,007 3,204 5,299
48 41 953,000 - 3,200 6,100
49 44 917,000 - 5,052 5,287
50 48 900,000 - 5,087 1,565 3,995
51 38 850,000 - 1,600 2,600 7,500
52 60 838,000 - 4,622 2,241 6,151
53 57 778,000 - 3,732 2,115 6,057
54 53 776,000 - 5,000 2,650
55 58 745,000 129,000 2,900 2,050 3,600
56 52 713,000
est
- 1,837 1,978 2,110
57 65 710,000 25,000 2,069 2,157 6,548
58 71 707,100 76,500 2,510 1,970 6,859
59 59 701,000 - 4,332 2,880 2,700
60 55 684,000 145,000 5,593 1,813 4,970
61 83 680,000 - 397 504 642
62 63 655,000 - 2,301 2,346 7,487
63 69 628,000 - 3,734 1,444 2,962
64 66 626,000 - 1,990 2,299 3,861
65 70 614,000 - 247 2,180 2,180
66 56 607,000 79,000 3,180 3,193 10,741
67 61 600,000
est
- 1,681 3,250
68 64 562,000
est
- 1,806 5,066
69 67 525,000
est
- 11,396 0
70 73 521,000 - 2,968 2,074 5,883
71 68 507,000
est
- 3,753 1,286 1,284
72 77 500,000 - 3,000 1,152 1,644
73 78 494,000 - 2,616 1,796 6,000
74 87 454,000 -72,000 1,850 1,632 3,594
75 74 450,000
est
- 3,098 4,252
76 76 437,000 - 1,562 1,608 2,914
77 75 430,000
est
- 0
78 82 402,000 - 1,200 1,545 3,380
79 79 398,000 - 1,977 1,458 2,671
80 94 380,000 - 0
81 80 377,600
est
- 2,051 7,140
82 85 365,000 - 1,206 649 3,500
83 363,000 - 1,965 462 1,167
84 90 360,000 188,000 1,260 750 2,000
85 86 359,000 - 1,213 983 5,689
86 92 338,000 - 1,611 1,233 2,191
87 84 334,000 17,000 315 754 1,236
88 327,000 - 700 582 1,000
89 320,000 - 1,150 4,000
90 95 315,000 - 990 940 1,886
91 301,000 - 130 525 610
92 294,000 37,000 1,400 1,000 4,600
93 81 287,000 - 363 1,296 16
94 284,000
est
- 1,700 777 2,487
95 278,300 - 1,200 366 2,181
96 272,000 - 471 776 3,047
97 265,000 - 1,545 1,170 3,500
98 99 253,700 - 695 1,138 1,825
99 100 246,000
est
- 1,136 816 2,250
100 244,000 - 1,100 850 3,200
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, Logistics, For-Hire

Yellow Reports Q1 Loss

Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.

Dan Ronan | Senior Reporter
May 4, 2023
Business, Technology, Fuel, Logistics, For-Hire

Ryder Introduces Electric Vehicle Service

ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.

Seth Clevenger | Managing Editor, Features
May 2, 2023
Business, Equipment, For-Hire

Forward Air Reports Revenue and Earnings Decline for Q1

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

Daniel Urie | Pennlive.com
May 1, 2023
Business, Logistics, For-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Equipment, For-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Archives
  • 2021

  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015

  • 2014

  • 2013

  • 2012

  • 2011

  • 2010

  • 2009

  • 2008

  • 2007

  • 2006

  • 2005

  • 2004