Insider trading publication Trade Monkey has released a list of the top 11 most profitable U.S. trucking companies.
The analysts at Trade Monkey used data from Transport Topics’ “Top 100 For Hire Carriers” listing, which is based on revenue, and factored in net income for 2016 to create their ranking.
America’s Most Profitable Trucking Companies
11. Hub Group Inc. Net Income — $74.8 million. Revenue — $3.6 billion.
10. Werner Enterprises. Net Income — $79.1 million. Revenue — $2.0 billion.
9. Knight Transportation. Net Income — $93.9 million. Revenue — $1.2 billion.
8. Landstar Systems Inc. Net Income — $137.4 million. Revenue — $3.2 billion.
7. TFI International Inc. Net Income — $145.3 million. Revenue — $3.0 billion.
6. Swift Transportation Co. Net Income — $149.3 million. Revenue — $4.03 billion.
5. Ryder Supply Chain Solutions. Net Income — $262.5 million. Revenue — $6.8 billion.
4. Old Dominion Freight Line. Net Income — $295.8 million. Revenue — $3.0 billion.
3. J B Hunt Transport Services Inc. Net Income — $432.1 million. Revenue — $6.6 billion.
2. FedEx Corporation. Net Income — $18.2 billion. Revenue — $50.4 billion.
1. United Parcel Service, Inc. Net Income — $34.3 billion. Revenue — $60.9 billion.