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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109

On the Bubble

Diligent Delivery Systems ($238 million), is a full service carrier based in Houston.
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

BusinessLogisticsFor-HireTop 100

Hub Group Reports Q2 Revenue Decline Amid Tariff Turmoil

Hub Group experienced a decline in revenue as it worked to navigate tariff-driven effects on its business in the second quarter of 2025, the company reported July 31.

August 1, 2025
BusinessLogisticsFor-HireGlobal FreightTop 100

Schneider Reports Revenue and Earnings Growth in Q2

Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.

July 31, 2025
BusinessTechnologyLogisticsFor-HireTop 100

XPO Reports Unchanged Revenue at $2.08 Billion for Q2

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.

July 31, 2025
BusinessTechnologyLogisticsFor-HireTop 100

ODFL Q2 Profit Slides 16.6% as Market Weakness Persists

Profit and revenue at Old Dominion Freight Line fell in the second quarter, but senior executives said clarity is growing on how the ongoing freight recession might start to see an upturn.

July 30, 2025
BusinessTechnologyLogisticsFor-HireTop 100

Soft Freight Weighs on ArcBest, but Tech Boosts Efficiency

ArcBest experienced a year-over-year decline in revenue and earnings amid the continuing soft freight environment during the second quarter of 2025, the company reported July 30.

July 30, 2025
BusinessLogisticsFor-HireTop 100

Werner Q2 Earnings Lifted by Texas Nuclear Verdict Reversal

A pair of favorable financial outcomes tied to legal and business proceedings helped lift Werner Enterprises’ bottom-line results in the second quarter of 2025, the company reported July 29.

July 30, 2025
BusinessEquipmentLogisticsFor-HireTop 100

Roadrunner Adds 100+ Lanes, Continues LTL Network Expansion

Roadrunner’s latest lanes add over 21,000 new miles of coverage across the U.S. and Canada and establish Kansas City as a major new hub, the company said July 24.

July 30, 2025
BusinessLogisticsFor-HireTop 100

TFI Q2 Profit, Revenue Fall Double Digits as Tariffs Bite

“We’re most affected by the [tariff] instability in our industrial truckload base in the U.S.,” TFI CEO Alain Bédard said during a July 28 conference call with investors.

July 29, 2025
GovernmentBusinessLogisticsFor-HireGlobal Freight

UPS Withholds Outlook on Market Upheaval After Mixed Quarter

UPS has struggled to get a handle on volatility in the market, underscoring the challenges for the courier’s effort to reconfigure its network and revitalize its business.

July 29, 2025
BusinessFor-Hire

Hub Group Buys Marten’s Intermodal Unit for $51.8 Million

The deal, which Hub Group expects to more than double the size of its temperature-controlled intermodal fleet, is set to close by the end of the third quarter.

July 28, 2025

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