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2022 Top Refrigerated (Truckload and LTL) Carriers

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 Company Revenue (000)
1 Prime Inc. 2,061,400
2 KLLM Transport Services 953,000
3 Swift Refrigerated 755,000
est
4 Stevens Transport 745,000
5 Hirschbach Motor Lines 520,500
6 Marten Transport 396,700
7 John Christner Trucking 310,400
8 C.R. England 266,000
9 Day & Ross 178,600
10 Cardinal Logistics 144,000
11 NFI 142,000
12 Erb Group 135,000
13 Pride Transport 134,000
est
14 National Carriers 125,200
15 WEL Cos. 121,200
16 Leonard's Express 111,000
17 A&A Express 110,000
est
18 Canada Cartage 105,000
19 Soar Transport 103,006
est
20 Continental Express 95,000
est
21 Bison Transport 76,200
22 Roehl Refrigerated Transport 72,000
23 Pacific Shipping 36,000
24 Cowan Systems 26,900
25 May Trucking Co. 21,860
26 TWT Refrigerated 18,000
27 Sorenson Transport 17,300
28 AFC Transport 9,800
29 R&R Family of Cos. 5,200
30 Koch Cos. 4,300
31 Atlas World Group 1,200

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

Business, Logistics, For-Hire, Global Freight, Top 100

Schneider Reports Revenue and Earnings Growth in Q1

Schneider reported year-over-year increases in revenue and earnings during the first quarter of 2025, the company reported May 1.

May 1, 2025
Business, Logistics, For-Hire, Top 100

Werner Reports Q1 Revenue of $712M Despite Headwinds

Werner Enterprises reported first-quarter results were below expectations due to insurance costs, weather and customer activity, the carrier reported April 29.

April 30, 2025
Business, For-Hire, Global Freight, Top 100

XPO Increases Earnings Off Lower Revenue for Q1

XPO Inc. increased earnings 3% despite a year-over-year decline in revenue during the first quarter of 2025, the company reported April 30.

April 30, 2025
Business, Logistics, For-Hire

ArcBest Reports Q1 Revenue Slips Just Below $1 Billion

ArcBest posted a drop in revenue but saw bottom-line results swing from a year-ago loss to a profit during the first quarter of 2025, the company reported April 29.

April 29, 2025
Government, Business, Logistics, For-Hire, Private, Global Freight

UPS Plans 20,000 Job Cuts This Year in Pullback From Amazon

UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.

April 29, 2025
Business, Technology, Logistics, For-Hire, Global Freight, Top 100

UPS in Talks With Startup Figure AI to Use Humanoid Robots

UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network, according to people familiar with the matter.

April 28, 2025
Business, For-Hire, Top 100

Saia Grows Q1 Revenue by About 4% but Misses Expectations

Saia Inc. weathered market headwinds to post a revenue increase of more than 4% during the first quarter of 2025, the company reported April 25.

April 28, 2025
Business, Logistics, For-Hire, Global Freight, Top 100

Knight-Swift Posts Q1 Profit as LTL Revenue Soars

Knight-Swift Transportation returned to the black in the first quarter of 2025 on the back of a jump in less-than-truckload revenue.

April 24, 2025
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Rises 15.3% on Higher Contract Revenue

Profit at Ryder System rose in the first quarter of 2025 as higher contract revenue outweighed ongoing weakness in the rental and used vehicle sales businesses.

April 24, 2025
Business, Logistics, For-Hire, Global Freight, Top 100

TFI Q1 Profit Falls on Freight Weakness, TL Tariff Pain

Profit at TFI International fell 39.6% in Q1 2025 because of continued freight market weakness and an industrywide decline in truckload volume due to Trump administration tariffs.

April 24, 2025

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