10 Biggest Trucking Companies

YATRY, SEOTF, and KNX lead the 10 biggest trucking companies list

Trucking companies are part of the global transportation sector, specializing in the movement of goods along roads and highways. However, many of the biggest trucking companies provide other forms of transportation, including by rail, air, and sea. Many also offer logistics and supply-chain management services, which can facilitate faster deliveries at lower costs to a greater variety of destinations. While U.S. companies dominate the list of 10 companies, two Japanese companies are the biggest, ranking in the top two.

These are the 10 biggest trucking companies by 12-month trailing (TTM) revenue. Some companies outside the U.S. report profits semi-annually instead of quarterly, so the 12-month trailing data may be older than it is for companies that report quarterly. This list is limited to companies which are publicly traded in the U.S. or Canada, either directly or through ADRs. Data is courtesy of YCharts.com. All figures are as of September 10.

Some of the stocks below are only traded over-the-counter (OTC) in the U.S., not on exchanges. Trading OTC stocks often carries higher trading costs than trading stocks on exchanges. This can lower or even outweigh potential returns.

#1 Yamato Holdings Co. Ltd. (YATRY)

  • Revenue (TTM): $15.2 billion
  • Net Income (TTM): $328.0 million
  • Market Cap: $9.7 billion
  • 1-Year Trailing Total Return: 53.7%
  • Exchange: OTC

Yamato Holdings is a Japan-based holding company that principally offers delivery services through its group of companies and subsidiaries. It provides parcel delivery, logistics management, moving and distribution services, and appliance installation. The company also offers information services, maintenance of trucks and vehicles for transportation companies, and various financial services.

#2 Seino Holdings Co. Ltd. (SEOTF)

  • Revenue (TTM): $5.7 billion
  • Net Income (TTM): $218.5 million
  • Market Cap: $2.6 billion
  • 1-Year Trailing Total Return: 0.8%
  • Exchange: OTC

Seino Holdings is a diversified Japan-based transportation company focusing on truck, cargo, and air transportation, warehousing, customs brokerage, and insurance agency services. It also sells and repairs trucks, passenger cars, and automobile parts. Other businesses includes the marketing of fuel and paper products, leasing of land, buildings, and truck terminals, and the provision of information and staffing services, and more.

#3 Knight-Swift Transportation Holdings Inc. (KNX)

  • Revenue (TTM): $4.8 billion
  • Net Income (TTM): $309.2 million
  • Market Cap: $7.9 billion
  • 1-Year Trailing Total Return: 26.0%
  • Exchange: New York Stock Exchange

Knight-Swift Transportation provides truckload transportation and logistics services. Its operations include services on both irregular routes and dedicated, refrigerated, expedited, flatbed, and cross-border services. The company also provides brokerage and other freight management services, and engages in the movement of rail freight in containers and other trailing equipment.

#4 BEST Inc. (BEST)

  • Revenue (TTM): $4.7 billion
  • Net Income (TTM): -$103.0 million
  • Market Cap: $1.5 billion
  • 1-Year Trailing Total Return: -28.7%
  • Exchange: New York Stock Exchange

Best is a China-based holding company that provides logistics and supply chain management solutions. The company offers express and freight delivery, inventory management, warehousing, financing, cross-border supply chain, and merchandising.

#5 YRC Worldwide Inc. (YRCW)

  • Revenue (TTM): $4.6 billion
  • Net Income (TTM): -$64.1 million
  • Market Cap: $228.6 million
  • 1-Year Trailing Total Return: 66.3%
  • Exchange: NASDAQ

YRC Worldwide is a holding company of several freight shipping brands, including YRC Freight, Holland, New Penn, Reddaway, and HNRY Logistics. The company offers supply-chain solutions and various transportation services, including long-haul national, regional, and international transportation services.

#6 Schneider National Inc. (SNDR)

  • Revenue (TTM): $4.5 billion
  • Net Income (TTM): $165.9 million
  • Market Cap: $4.9 billion
  • 1-Year Trailing Total Return: 23.1%
  • Exchange: New York Stock Exchange

Schneider provides transportation and logistics services. The company's transportation solutions include van truckload, dedicated, regional, bulk, intermodal, brokerage, supply chain management, port logistics services, and engineering and freight payment services.

#7 Old Dominion Freight Line Inc. (ODFL)

  • Revenue (TTM): $3.9 billion
  • Net Income (TTM): $589.1 million
  • Market Cap: $23.4 billion
  • 1-Year Trailing Total Return: 79.4%
  • Exchange: NASDAQ

Old Dominion Freight Line is an inter-regional and multi-regional motor carrier. The company provides less-than-truckload shipping of general commodities, including consumer goods, textiles, and capital goods. It also offers truckload brokerage, supply chain consulting, and warehousing.

#8 TFI International Inc. (TFII.TO)

  • Revenue (TTM): $3.9 billion (CAD$5.2 billion)
  • Net Income (TTM): $243.4 million (CAD$320.9 million)
  • Market Cap: $4.1 billion (CAD$5.3 billion)
  • 1-Year Trailing Total Return: 48.5%
  • Exchange: Toronto Stock Exchange

TFI International is a Canada-based freight transportation and logistics services company focused on service that engages in pickup, transport, tracking, and delivery of items throughout North America. The company's less-than-truckload segment offers transportation and delivery of smaller loads, while the truckload segment provides expedited transportation, flatbed, container, and dedicated services.

#9 ArcBest Corp. (ARCB)

  • Revenue (TTM): $2.8 billion
  • Net Income (TTM): $28.5 million
  • Market Cap: $846.0 million
  • 1-Year Trailing Total Return: 10.0%
  • Exchange: NASDAQ

ArcBest is a holding company engaged in motor carrier transportation and intermodal transportation operations. The company offers national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. It also offers international freight transportation via air, ocean, and ground. Additionally, the company provides premium logistics services as well as roadside assistance and maintenance management services for commercial vehicles through a network of third-party service providers.

#10 Werner Enterprises Inc. (WERN)

  • Revenue (TTM): $2.4 billion
  • Net Income (TTM): $149.7 million
  • Market Cap: $3.2 billion
  • 1-Year Trailing Total Return: 37.4%
  • Exchange: NASDAQ

Werner Enterprises is a transportation and logistics company. It primarily hauls truckload shipments of general commodities in both interstate and intrastate commerce. The company's logistics segment offers non-trucking services to customers such as truck brokerages.

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  1. YCharts. "Financial Data." Accessed Sep. 10, 2020.

  2. xe.com. "XE Currency Converter: 1 CAD to USD = 0.758601 US Dollars." Accessed Sep. 10, 2020.

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