2020 Top Mail 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 Corp. 2,050,717
2 10 Roads Express 390,445
3 Salmon Cos. 341,073
4 Postal Fleet Services 248,967
5 UPS Inc. 211,211
6 United Airlines 177,324
7 Kalitta Air 170,893
8 Evo Transportation & Energy Services 164,890
9 Matheson Trucking 143,339
10 Southern Mail Service 114,719
11 Midwest Transport 114,320
12 American Airlines 84,891
13 Delta Air Lines 82,789
14 Bancroft and Sons Transportation 80,703
15 Alan Ritchey Inc. 71,967
16 Northern Aviation Services 59,528
17 Davenport Transportation 51,584
18 Tracie McCormick Inc. 49,873
19 Beco Inc. 49,799
20 Alaska Air Group 49,149
21 B&B Trucking 48,525
22 AJR Trucking 41,995
23 Alaska Central Express 41,505
24 McCormick Trucking 38,025
25 Sodrel Truck Lines 37,858
26 XPO 36,388
27 Metro Air Service 33,181
28 Everts Air Alaska 31,787

Extras

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108

On the Bubble

Navajo Express ($243 million), is a refrigerated and truckload carrier based in Denver.
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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