2020 Top Less-Than-Truckload Carriers

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 FedEx Freight 7,237,000
2 Yellow Corp. 4,871,200
3 XPO 4,815,000
4 Old Dominion Freight Line 4,109,111
5 UPS Inc. 3,265,000
6 Estes Express Lines 3,260,000
7 ABF Freight 2,145,000
8 R+L Carriers 1,972,000
est
9 Saia Inc. 1,786,735
10 Southeastern Freight Lines 1,166,622
11 Averitt Express 873,419
12 Central Transport 856,000
est
13 Dayton Freight Lines 679,000
14 TFI International 627,322
15 Pitt Ohio Transportation Group 616,000
16 AAA Cooper Transportation 593,000
17 Roadrunner Freight 430,806
18 Day & Ross 426,500
19 A. Duie Pyle 385,600
20 Daylight Transport 262,000
21 Autotransportes de Carga Tresguerras 244,500
est
22 Transportes Castores de Baja California 233,500
est
23 Central Freight Lines 232,000
24 Oak Harbor Freight Lines 220,194
25 Forward Air 207,400
26 Ward Trucking 185,000
27 Transportes Julian de Obregon 183,400
est
28 Fastfrate Group 169,605
29 Standard Forwarding 119,000
est
30 Midwest Motor Express 105,300
31 Landstar System 98,324
32 Transportadora Hercel / Transportadores Unidos (Grupo Transportes) 95,700
est
33 Dependable Highway Express 85,000
est
34 Peninsula Truck Lines 76,467
35 Anderson Trucking Service 68,885
36 Transportes Comandos del Norte 66,700
est
37 Transportes de Carga FEMA 58,900
est
38 Canada Cartage 53,580
39 JP Express Service 51,862
40 Autotransportes de Carga El Duero / Fletes El Duero 46,700
est
41 Transportes del Valle 45,600
est
42 TransAmerica Express Logistics 40,000
43 Transportes Leon-Mexico 37,700
est
44 Atlas World Group 33,789
45 Fletes y Materiales Forsis 33,200
est
46 Diligent Delivery Systems 21,420
47 CalArk 19,455
48 TGR Logistics 19,000
est
49 Bison Transport 14,941
50 Highlight Motor Group 14,558

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

BusinessFor-HireGlobal Freight

XPO Reports Q3 Revenue Jumps to $2 Billion

The Greenwich, Conn.-based LTL carrier reported net income of $82 million for the three months ending Sept. 30. That compared with $95 million the previous year. 

October 31, 2025
BusinessLogisticsFor-HireTop 100

Werner Posts Q3 Revenue Gain Despite Cost-Driven Losses

Werner Enterprises saw its third-quarter bottom line swing from a year-ago profit to a loss as one-time expenses took a toll on its three-month results.

October 31, 2025
BusinessLogisticsFor-Hire

Landstar Profit Falls by More Than Half on Review Write-Downs

“We are working toward a late 2025 or early 2026 sale of Landstar Metro and have thus far experienced a good deal of interest in that company,” CEO Frank Lonegro.

October 31, 2025
BusinessLogisticsFor-HireTop 100

Schneider Reports Revenue Growth, Profit Dip in Tough Market

Schneider experienced revenue growth in the third quarter from the previous year even as a slowing market and claims costs dragged down earnings, the company reported Oct. 30.

October 30, 2025
BusinessLogisticsFor-HireTop 100

ODFL Focuses on Costs to Limit Q3 Profit Hit in Weak Market

The company posted a $271 million profit in Q3 2025, down 12.2% compared with $308.6 million last year. Revenue was $1.41 billion, a 4.3% decrease compared with $1.47 billion.

October 30, 2025
BusinessLogisticsFor-HirePrivateGlobal Freight

UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts

The results suggest CEO Carol Tomé’s revival efforts are gaining traction after UPS struggled with slow demand, high expenses and uncertainty fueled by tariffs.

October 28, 2025
BusinessLogisticsFor-Hire

Shippers Eye Earlier Bid Cycles to Beat Market’s Turn

Customers are telling J.B. Hunt it has been a shipper’s market for longer than any of them expected, but they expect change in the market soon, said Director of Intermodal Pricing Amy Horn.

October 27, 2025
BusinessEquipmentLogisticsFor-Hire

Ryder Q3 Profit, Revenue Hold Steady in Weak Market

Executives told analysts the most recent quarter’s performance boded well for the coming quarters in spite of continued economic uncertainty. Overall, revenue was little changed.

October 26, 2025
GovernmentBusinessEquipmentLogisticsFor-Hire

OEMs Move Forward With Truck Tariffs Ahead

Paccar expects to seize a bigger U.S. heavy-duty truck market share and to be able to increase prices once the Section 232 import tariffs on medium- and heavy-duty trucks and parts go live.

October 24, 2025
BusinessEquipmentLogisticsFor-HireTop 100

DSV Seeks Buyer for USA Truck After DB Schenker Deal

USA Truck’s business model does not fit DSV’s vision for asset-light North American on-road operations, the company said in a report accompanying the most recent quarter’s results.

October 24, 2025

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