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2021 Top Air/Expedited Carriers

2021 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front

After navigating COVID-19's disruption, trucking now has entered a historically strong business environment.
Find out where the Top 100 are located by North American region.
Small carriers often were hardest hit by COVID, but large fleets faced challenges, too.

Rankings

Rank Company Revenue (000)
1 Forward Air 878,500
2 XPO 477,300
est
3 ArcBest 245,000
4 Landstar System 132,180
5 Magnate Worldwide 73,000
est
6 Sameday Worldwide 5,146

Extras

If your company appears on the 2021 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
106

On the Bubble

Paper Transport ($232 million), is a truckload and intermodal carrier based in De Pere, Wis.
Learn more about Transport Topics' Top 100 For-Hire Carriers publication.
How companies are working to address the persistent driver shortage.
A look at how different segments of the trucking industry fared in 2020.
Some U.S. truckers are busier than they have ever been.

For-Hire News

BusinessFor-HireGlobal Freight

XPO Reports Q3 Revenue Jumps to $2 Billion

The Greenwich, Conn.-based LTL carrier reported net income of $82 million for the three months ending Sept. 30. That compared with $95 million the previous year. 

October 31, 2025
BusinessLogisticsFor-HireTop 100

Werner Posts Q3 Revenue Gain Despite Cost-Driven Losses

Werner Enterprises saw its third-quarter bottom line swing from a year-ago profit to a loss as one-time expenses took a toll on its three-month results.

October 31, 2025
BusinessLogisticsFor-Hire

Landstar Profit Falls by More Than Half on Review Write-Downs

“We are working toward a late 2025 or early 2026 sale of Landstar Metro and have thus far experienced a good deal of interest in that company,” CEO Frank Lonegro.

October 31, 2025
BusinessLogisticsFor-HireTop 100

Schneider Reports Revenue Growth, Profit Dip in Tough Market

Schneider experienced revenue growth in the third quarter from the previous year even as a slowing market and claims costs dragged down earnings, the company reported Oct. 30.

October 30, 2025
BusinessLogisticsFor-HireTop 100

ODFL Focuses on Costs to Limit Q3 Profit Hit in Weak Market

The company posted a $271 million profit in Q3 2025, down 12.2% compared with $308.6 million last year. Revenue was $1.41 billion, a 4.3% decrease compared with $1.47 billion.

October 30, 2025
BusinessLogisticsFor-HirePrivateGlobal Freight

UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts

The results suggest CEO Carol Tomé’s revival efforts are gaining traction after UPS struggled with slow demand, high expenses and uncertainty fueled by tariffs.

October 28, 2025
BusinessLogisticsFor-Hire

Shippers Eye Earlier Bid Cycles to Beat Market’s Turn

Customers are telling J.B. Hunt it has been a shipper’s market for longer than any of them expected, but they expect change in the market soon, said Director of Intermodal Pricing Amy Horn.

October 27, 2025
BusinessEquipmentLogisticsFor-Hire

Ryder Q3 Profit, Revenue Hold Steady in Weak Market

Executives told analysts the most recent quarter’s performance boded well for the coming quarters in spite of continued economic uncertainty. Overall, revenue was little changed.

October 26, 2025
GovernmentBusinessEquipmentLogisticsFor-Hire

OEMs Move Forward With Truck Tariffs Ahead

Paccar expects to seize a bigger U.S. heavy-duty truck market share and to be able to increase prices once the Section 232 import tariffs on medium- and heavy-duty trucks and parts go live.

October 24, 2025
BusinessEquipmentLogisticsFor-HireTop 100

DSV Seeks Buyer for USA Truck After DB Schenker Deal

USA Truck’s business model does not fit DSV’s vision for asset-light North American on-road operations, the company said in a report accompanying the most recent quarter’s results.

October 24, 2025

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