2020 Top Refrigerated (Truckload & LTL) 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 Prime Inc. 2,006,924
2 KLLM Transport Services 936,000
3 C.R. England 897,868
4 Swift Refrigerated 755,000
est
5 Stevens Transport 737,294
6 Hirschbach Motor Lines 440,862
7 Marten Transport 378,000
8 John Christner Trucking 338,873
9 TransAm Trucking 297,000
est
10 Black Horse Carriers 280,500
11 FFE Transportation Services 275,000
12 Shaffer Trucking 266,000
est
13 Navajo Express 243,000
est
14 Bay and Bay Transportation 150,752
15 Frialsa Logistica 143,200
est
16 NFI 126,000
17 Pride Transport 122,000
18 WEL Cos. 120,284
19 J&R Schugel Trucking 119,000
est
20 Day & Ross 118,837
21 National Carriers 108,500
22 Decker Truck Line 106,206
est
23 Covenant Logistics Group 98,272
est
24 Freymiller Inc. 98,000
est
25 Roadrunner Freight 96,692
est
26 Schuster Co. 83,200
est
27 Raider Express 80,000
28 Wilson Logistics 75,000
29 Continental Express 71,500
30 Great Plains Transport 64,302
31 Roehl Refrigerated Transport 59,078
32 Canada Cartage 53,580
33 Denney Transport 46,401
est
34 CRST The Transportation Solution 38,000
35 Transportes Garza Leal 34,500
36 Cowan Systems 32,590
37 Halvor Lines 28,100
38 May Trucking Co. 26,304
39 TWT Refrigerated 20,000
40 Sorenson Transport 12,474
41 Centurion Trucking 9,107
42 Alabama Motor Express 8,000
43 TransAmerica Express Logistics 3,000
44 Atlas World Group 2,300
45 Dupré Logistics 1,641
46 Bowers Trucking 1,000

Extras

If your company appears in the 2020 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
104

On the Bubble

Cassens Transport Co. ($251 million), is a motor vehicle hauling carrier based in Edwardsville, Ill.
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

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
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

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