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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

GovernmentBusinessLogisticsFor-HireGlobal Freight

Mail Services Globally Pause US Deliveries Over Tariffs

As of Aug. 29, President Donald Trump is ending the de minimis exemption that has applied to more than 4 million parcels flowing through the U.S. each day, driven largely by e-commerce.

August 22, 2025
BusinessTechnologyEquipmentSafetyFuelLogisticsFor-Hire

Averitt Express Orders 264 Volvo VNL 860 Trucks

The new units expand a long-running supplier relationship at a scale that signals how big fleets are renewing equipment to strengthen operations and keep experienced drivers in the seats.

August 21, 2025
GovernmentBusinessLogisticsFor-Hire

91ÊÓÆµbuilder Confidence Hits 2022 Low in August

The drop in builder sentiment was concentrated in the Northeast, where the gauge slid to its lowest level in years. Confidence was unchanged in the South and Midwest but edged up in the West.

August 18, 2025
BusinessLogisticsFor-HireTop 100

Roadrunner Eyes LTL Acquisitions After Lane Expansion

After recently expanding its lanes, less-than-truckload carrier Roadrunner is ramping up acquisition plans, the company’s top executive told Transport Topics.

August 11, 2025
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

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