Editor’s Note:
The inaugural Top 100 Trucking Companies list involved a great deal of research into the entire trucking sector. To bring some order to the process, a hierarchy of considerations were developed to analyze and create the listing. With well over 500 companies to sift through some basic criteria had to be established.
Although the list is somewhat influenced by revenue and/or units (trucks and chassis), these two items represent only a measure of the list’s criteria. Many trucking companies on the list are publicly traded and as such are easier to research than privately held carriers. Many are listed on the Dow or on NASDAQ. A few others are listed on the Canadian exchanges. Like other industries, private equity money is increasingly evident in the trucking sector. It’s likely some of the private equity backed trucking companies eventually will become publicly listed while others are spun off – sometimes to a management led group, another private finance house or another trucking company.
Another important criterion was the nature of the business itself. There are a great many specialized trucking companies with a large “for hire” profile that could be included. A number of them focus on heavy and out of gage loads while others, refrigerated, household effects or liquid bulk freight. For the most part the list tried to concentrate on the dry less-truck-load and dry truck load freight business. There is also a fair representation of intermodal and drayage companies within the list as the movement of ocean containers is an important element to the overall North American freight market.
Another consideration was the nature of the ownership. What is the main business? In this regard, in house trucking companies were largely left off the list. In recent years, there has been a consolidation within the trucking industry and frequently household names in the trucking industry have continued to operate although they are now owned under an umbrella organization. Generally, the umbrella company was placed on the list while the subsidiaries were left off.
There was a time when trucking was just that - trucking. That is no longer the case as the service suite is increasingly non-asset technology based and less about the trucks themselves.
A number of 3PLs (third-party-logistics) are included on the list. The term is a little nebulous as most 3PLs are considered to be asset light – like a C.H. Robinson – rather than asset heavy like most trucking firms. But the concept of providing a wide range of logistics services has transformed what a trucking company might be called. There is little doubt that Schneider, for example, is now better described as a 3PL than simply a trucking company – and they are not alone.
And of course, two of the largest trucking companies, Federal Express and UPS, are often called integrators because of their wide range of “integrated” logistics services but they also could be described as a 3PL, 4PL or dare I say a 5PL by some definitions.
* One important note, Celadon, listed at 33, declared bankruptcy after the chart was completed – indicative of just how difficult the year has been for the trucking industry.
Rank | Carrier | City | State / Province | Public/Private | Service |
1 | UPS Inc. | Atlanta | GA | NYSE-UPS | Integrator |
2 | FedEx Corp. | Memphis | TN | NYSE-FDX | Integrator |
3 | XPO Logistics | Greenwich | CT | NYSE-XPO | 3PL |
4 | J.B. Hunt Transport | Lowell | AR | NASDAQ-JBHT | Intermodal |
5 | Knight-Swift Transport | Phoenix | AZ | NYSE-KNX | TL/LTL |
6 | YRC Worldwide | Overland Park | KS | NASDAQ-YRCW | TL/LTL |
7 | Schneider | Greenbay | WI | NYSE-SNDR | TL/LTL |
8 | Landstar System | Jacksonville | FL | NASDAQ-LSTR | TL/LTL |
9 | Old Dominion Freight Line | Thomasville | NC | NASDAQ-ODFL | TL/LTL |
10 | TFI International | Montreal | QC, CA | TSX-TFI | TL/LTL |
11 | Ryder Supply Chain Solutions | Miami | FL | NYSE-R | 3PL |
12 | Hub Group | Oakbrook | IL | NASDAQ-HUBG | Intermodal |
13 | Estes Express Lines | Richmond | VA | Private | TL/LTL |
14 | ABF Freight Systems [ArcBest] | Fort Smith | AR | NASDAQ-ARCB | 3PL |
15 | Werner Enterprises | Omaha | NE | NASDAQ-WERN | 3PL |
16 | Penske Logistics | Reading | PA | NYSE-PAG | 3PL |
17 | Roadrunner Transportation Systems | Downers Grove | IL | NYSE-RRTS | TL/LTL |
18 | Prime Inc. | Springfield | MO | Private | TL |
19 | NFI | Camden | NJ | Private | TL |
20 | U.S. Xpress Enterprises | Chattanooga | TN | NYSE-USX | TL/Expedited |
21 | R+L Carriers | Wilmington | OH | Private | LTL/Expedited |
22 | CRST International | Cedar Rapids | IA | Private | TL/Expedited |
23 | Saia | Johns Creek | GA | NASDAQ-SAIA | TL/LTL/Expedited |
24 | C.R. England Inc. | Salt Lake City | UT | Private | TL/Intermodal |
25 | Universal Logistics Holdings | Warren | MI | NASDAQ-ULH | 3PL |
26 | Forward Air Corp. | Greenville | TN | NASDAQ-FWRD | TL/LTL/Expedited |
27 | Southeastern Freight Lines | Lexington | SC | Private | TL/LTL |
28 | Averitt Express | Cookeville | TN | Private | TL/LTL |
29 | Evans Delivery Co. | Schuylkill Haven | PA | N/A | TL/LTL |
30 | Crete Carrier Corp. | Lincoln | NB | Private | TL |
31 | Purolator | Mississauga | ON | N/A | Integrator |
32 | Lynden Inc. | Anchorage | AK | Private | TL/LTL |
33 | Celadon Group Inc.* | Indianapolis | IN | OTC-CGIP | TL/LTL/DRAY |
34 | KLLM Transport Services | Jackson | MS | Private | TL/LTL |
35 | Ruan | Des Moines | IA | Private | TL |
36 | Roehl Transport | Marshfield | WI | Private | TL |
37 | Alliance Shippers | Englewood Cliffs | NJ | Private | 3PL |
38 | Covenant Transport Services | Chattanooga | TN | NASDAQ-CVTI | TL/Expedited |
39 | Pitt Ohio Transportation Group | Pittsburgh | PA | Private | TL/LTL/Expedited |
40 | Central Transport International | Warren | MI | N/A | LTL |
41 | Day & Ross Transportation Group | Hartland | NB, CA | N/A | TL/LTL |
42 | Cardinal Logistics | Concord | NC | Private | TL/LTL |
43 | Marten Transport Ltd. | Mondovi | WI | NASDAQ-MRTN | TL/Intermodal/DRAY |
44 | AAA Cooper Transportation | Dothan | AL | Private | TL/LTL |
45 | Stevens Transport | Dallas | TX | Private | TL |
46 | Western Express | Nashville | TN | Private | FTL/Intermodal/DRAY |
47 | Mullen Group | Okotoks | AB, CA | TSX-MTL | TL/LTL |
48 | Dayton Freight Lines | Dayton | OH | Private | TL/LTL |
49 | Heartland Express Inc. | North Liberty | IA | NASDAQ-HTLD | TL |
50 | Performance Team | Los Angeles | CA | N/A | 3PL |
51 | OnTrac Inc. | Chandler | AZ | Private | Parcel Delivery |
52 | Bison Transport | Winnipeg | MB, CA | Private | TL/LTL |
53 | Cowan Systems | Baltimore | MD | Private | TL |
54 | USA Truck | Van Buren | AR | NASDAQ-USAK | TL/Intermodal/DRAY |
55 | PAM Transport | Tontitown | AR | NASDAQ-PTSI | TL/Intermodal/DRAY |
56 | Canada Cartage [Nautic Partners] | Mississauga | ON, CA | N/A | TL/Intermodal/DRAY |
57 | Dart Transit Company | Egan | MN | Private | TL |
58 | Black Horse Carriers | Carol Stream | IL | Private | TL |
59 | National Retail Systems | North Bergen | NJ | Private | TL/DRAY |
60 | A. Duie Pyle Inc. | West Chester | PA | Private | TL/LTL |
61 | Transport Investments Inc. | Pittsburgh | PA | Private | TL/LTL |
62 | Mesilla Valley Transportation | Las Cruces | NM | Private | TL |
63 | IMC Companies | Memphis | TN | Private | Dray/Intermodal |
64 | TransAm Trucking Inc | Olathe | KS | Private | 3PL |
65 | ContainerPort Group | Cleveland | OH | Private | Dray/Intermodal/TL |
66 | RoadOne IntermodaLogistrics | Randolph | MA | Private | Dray/TL/LTL |
67 | Dependable Supply Chain Services | Los Angeles | CA | Private | 3PL |
68 | Challenger Group | Cambridge | ON, CA | Private | TL/LTL |
69 | Martin Transportation Systems | Byron Center | MI | Private | TL |
70 | New Penn Motor Express [YRC] | Lebanon | PA | N/A | LTL |
71 | Daylight Transport | Long Beach | CA | Private | LTL/Expedited |
72 | Central Freight Lines | Waco | TX | Private | LTL |
73 | Oak Harbor Freight Lines | Auburn | WA | Private | LTL |
74 | Wilson Logistics | Springfield | MO | Private | TL |
75 | Bill Davis Trucking | Batesville | AK | Private | TL |
76 | Duncan and Sons Lines | Phoenix | AZ | Private | TL |
77 | Raven Transport | Jacksonville | FL | Private | TL/Intermodal |
78 | RJR Transportation | El Paso | IL | Private | TL |
79 | OutWest Express | El Paso | TX | Private | Expedited Freight |
80 | High Country Transportation | Lancaster | TX | Private | Dry Bulk |
81 | S&S Transport Inc. | Grand Forks | ND | Private | TL |
82 | Hirschbach Motor Lines | Dubuque | IA | Private | TL/LTL |
83 | Horizon Freight Lines | Cleveland | OH | Private | Intermodal |
84 | Epes Transport System | Greensboro | NC | Private | TL |
85 | Nussbaum Transportation Services | Hudson | IL | Employee Owned | TL |
86 | Halvor Lines | Superior | WI | Private | TL/LTL |
87 | McFarland Truck Lines Inc | Austin | MN | Private | TL/LTL |
88 | Givens Transportation Inc. | Chesapeake | VA | Private | TL/Expedited |
89 | Saddle Creek Logistic Services | Lakeland | FL | Private | 3PL |
90 | Standard Forwarding | East Moline | IL | Private | LTL |
91 | Itz-Ohlson | Topsfield | MA | Private | Dray/Intermodal |
92 | Colonial Cartage Corp. | Kennesaw | GA | Private | TL/LTL |
93 | Colonial Freight Systems | Knoxville | TN | Private | TL/LTL |
94 | Columbian Logistics Network | Grand Rapids | MI | Private | 3PL |
95 | Continental Expedited Services | Clarksville | TN | Private | Expedited Freight |
96 | Lily Transportation Corp. | Needham | MA | Private | TL/LTL |
97 | McLeod Express | Decatur | IL | Private | LTL |
98 | M&W Transportation | Nashville | TN | Private | 3PL |
99 | John Christner Trucking | Sapulpa | OK | Private | TL |
100 | Ward Transport & Logistics Corp. | Altoona | PA | Private | LTL |