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2022 Top Air/Expedited 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 Forward Air 1,151,244
2 ArcBest 359,900
3 Covenant Logistics Group 337,100
4 Magnate Worldwide 73,000
est
5 Sameday Worldwide 7,400
6 NFI 5,000

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

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
For-Hire

UPS Bolsters Health Unit With $1.6 Billion Deal for Andlauer

UPS Inc. agreed to acquire Canada’s Andlauer Healthcare Group Inc. for $1.6 billion, building out the package handler’s growing business transporting goods for health care customers.

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

Old Dominion Freight Line Q1 Profit Falls 12.9%; OR Weakens

Profit at Old Dominion Freight Line fell in the first quarter of 2025 and executives say growing optimism for upcoming quarters has been squelched by macroeconomic uncertainty.

April 23, 2025
Government, Business, Logistics, For-Hire, Private, Global Freight

US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links

President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.

April 22, 2025
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Top 100

Analytics Provide Hidden Gains for Tire Management

The data-driven approach has found its way into one of the more underappreciated aspects of trucking literally where the rubber meets the road: tires.

April 21, 2025
Business, Logistics, For-Hire, Top 100

Investment Firm Stonepeak Buys Majority Stake in Dupré

Stonepeak’s infrastructure investments include temperature-controlled warehouse trust Lineage, chassis provider Trac Intermodal and intermodal container lessor Textainer.

April 17, 2025
Business, For-Hire, Top 100

Marten Transport Q1 Profit Slumps 55.2% to $4.3 Million

The Mondovi, Wis.-based company's results took a hammering from both the freight recession and uncertainty precipitated by the Trump administration’s tariff regime, it said April 16.

April 17, 2025
Business, Logistics, For-Hire, Top 100

J.B. Hunt Reports Small Dips in Revenue, Earnings for Q1

J.B. Hunt Transport Services reported a slight decline in revenue as segment results dragged down top-line numbers during the first quarter of 2025, the company reported April 15.

April 16, 2025

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