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2010 Top 100 For-Hire Europe: 1,052,045 Class 8 Luxembourg: 13,629 HCVs China: United States: 2,447 Concrete Mixers 6,692,703 Class 6–8 VIO 2010 April Reg Kansas City: • 82.1% cash 1,277 Class 8, 2005–2010 YM, purchases Freightliners • 17.9% loans Wayne County, MI: Chengdu City: 114,965 Commercial Pickups 321 Concrete Mixers Better Decisions. No Boundaries. The level of geography you want at the level of detail you need. When it comes to understanding which commercial vehicles are in your markets, having the world’s best data in-hand is crucial. Our data-driven solutions for the commercial vehicle industry help you maximize market share, identify emerging market trends, optimize inventory and target your best prospects – locally, globally or somewhere in between. Data-Driven Solutions for the Global Commercial Vehicle Industry www.polk.com/commercialvehicle A Word From the Publisher he headline for the 2010 TRANSPORT TOP- hire carriers are becoming more deeply involved in ICS’ Top 100 For-Hire Carriers was this: managing the movement of freight across many dif- “The Recovery Appears to Take Hold.” ferent modes and to and from many different places And while some trucking companies have in the world. reacted to positive economic news by ex- Still, it’s important to remember that over-the-road Tpanding the size of their fleets, many of the largest for- trucking is not going to disappear, or even shrink in hire carriers are taking a different approach — size. keeping a lid on the number of tractors and trailers American Trucking Associations said it expects rail while shifting the focus of their operations from long- intermodal tonnage will rise 83% to 253.1 million tons haul freight movement to local and regional distribu- in 2021 from 138.6 million tons in 2009. Truck ton- tion and channeling more investment nage, however, is expected to rise by into rail, air and ocean transportation. 2.7 billion tons, or 30.7%, to 11.5 bil- How such divergent strategies will lion tons in 2021 from 8.8 billion tons affect future freight hauling capacity is in 2009. one of the great questions facing ship- In terms of revenue, the forecast is pers and carriers today. much the same. Rail intermodal rev- One thing is clear from looking at enue is expected to more than double TRANSPORT TOPICS’ Top 100 For-Hire to $22.2 billion in 2020 from $10.1 bil- Carriers list. Trucking is no longer lion in 2008, an increase of $12.1 bil- just a business that hauls freight on lion. Truck revenue in the same period highways. is expected to rise to $1.34 trillion Schneider National Inc., a truckload from $660.3 billion, an increase of carrier that has developed a substantial $680 billion. logistics business, added 500 rail con- Researcher Noel Perry, in a report tainers and reduced the number of prepared for officials at U.S. Xpress, highway trailers in its fleet by more said the potential to shift freight from than 4,600 units over the past year. truck to rail was actually “quite small.” At J.B. Hunt Transport Services, a Howard Abramson Trucking would continue to dominate company whose founder helped transportation in shorthaul markets, in launch the longhaul, over-the-road part because the cost advantages of rail truckload business after trucking was deregulated in transport are diminished by higher transfer and deliv- 1980, has trimmed its truck fleet in half in the past five ery costs, he concluded. years and derived 86% of its revenue in 2009 from in- Notwithstanding the fact that the volume and value termodal and logistics services. of freight carried by truck dwarfs the amount of U.S. Xpress Enterprises Co-Chairmen Patrick freight carried by rail, it’s clear that trucking compa- Quinn and Max Fuller said they see rail intermodal as nies want to provide shippers with more choices of a “viable alternative to cross-country truck transit.” transportation services. Averitt Express, a regional less-than-truckload And that means the nation’s top motor carriers will general freight carrier, added intermodal to its serv- likely have to continue to invest in both intermodal ice offerings and both C.R. England Inc., a refrig- and highway transportation services to meet the needs erated truckload carrier, and NFI Industries, the of shippers in the years ahead. parent of dry-van truckload carrier NFI Transporta- tion, added refrigerated rail containers to their fleets in the past year. As these moves clearly show, the nation’s largest for- ACKNOWLEDGMENTS AND SOURCES The 2010 Transport Topics 100 is a project of TRANSPORT TOPICS Publishing Group and features data compiled from public and private for-hire trucking companies. In some cases, revenue estimates were used to determine sector rankings. Senior Features Writer Daniel P. Bearth coordinated the project with assistance from Karen Villar. Cover design is by George Dively, director of art and production. The design is by Patrick Donlon, assistant director of art and production. RANK RANK REVENUE % NET INCOME % OPERATING UNITS 2009 2008 COMPANY (000) CHANGE (000) CHANGE EMPLOYEES EQUIPMENT (DESCRIPTION OF SERVICES) 1 UPS Inc. 45,297,000 -12.0 2,152,000 -28.4 408,000 12,268 company-owned tractors UPS Package Operations (air and ground package delivery) 1 Atlanta 51,486,000 3,003,000 426,000 66,425 company-owned package cars, UPS Supply Chain Solutions (transportation management, air, ocean, NYSE: UPS straight trucks, vans and motorcycles rail and ground freight forwarding, customs brokerage, supply chain Scott Davis, Chairman and CEO 22,015 trailers design, contract carriage, service parts distribution and repair, returns David Abney, COO 253 aircraft management, assembly and distribution, vehicle routing, dispatch and Kurt Kuehn, CFO tracking systems) UPS Freight (regional and interregional LTL, truckload, dedicated con- www.ups.com tract carriage, refrigerated intermodal) UPS Logistics Technologies (information technology) UPS Capital Corp. (equipment leasing, trade finance, freight payment and insurance) UPS Mail Innovations (mail processing) The UPS Store (franchiser of retail shipping, postal and business service stores) UPS Consulting (management consulting) 2 FedEx Corp.1 34,734,000 -2.1 1,184,000 NA 280,000 22,800 company-owned tractors FedEx Express, FedEx Trade Networks, FedEx SupplyChain Systems 2 Memphis, Tenn. 35,497,000 98,000 290,000 22,000 owner-operator tractors, (domestic and international air and ground package and freight delivery, NYSE: FDX straight trucks and vans air and ocean freight forwarding, customs brokerage, transportation Frederick Smith, Chairman and CEO 38,900 straight trucks and vans management, order fulfillment, warehousing and distribution, service Alan Graf Jr., CFO 664 aircraft parts, returned goods management, supply chain consulting) FedEx Ground, FedEx SmartPost (commercial and residential ground www.fedex.com package delivery and consolidation) FedEx Freight, FedEx Custom Critical (regional and national LTL, expedited) FedEx Services, FedEx Office, FedEx Customer Information Services (sales and marketing, information technology support, document and business services, customer service, billings and collections) 3 DHL USA 2 6,586,872 -46.4 NA NA NA 46 company-owned tractors DHL Express (international air and ground package delivery) 3 Plantation, Fla. 12,293,347 NA NA 151 straight trucks DHL Global Forwarding (air and ocean freight forwarding) (Deutsche Post DHL) 2,532 pickups and cargo vans Exel (supply chain consulting, transportation management, dedicated Frank Appel, Global CEO 28 trailers contract carriage, warehousing and distribution, assembly and packag- Ian Clough, CEO, DHL Express (USA) ing, returns management, order fulfillment, service parts distribution) John Gilbert, CEO, Exel Exel Transportation Services (intermodal, freight brokerage) Exel Direct (commercial and residential delivery) www.dhl-usa.com 4 YRC Worldwide Inc. 5,282,778 -40.9 (622,019) NA 36,000 18,600 company-owned tractors YRC Inc. (national and international LTL and TL, expedited, cross-border 4 Overland Park, Kan. 8,940,401 (976,373) 55,000 400 straight trucks services) Nasdaq: YRCW 65,600 trailers YRC Reimer (regional and interregional LTL in Canada, cross-border William Zollars, Chairman and CEO services) Sheila Taylor, CFO New Penn Motor Express, Holland, Reddaway (regional and interre- gional LTL and TL, expedited, cross-border services) www.yrcw.com YRC Glen Moore (dry van TL) YRC Logistics (transportation management, warehousing and distribu- tion, air and ocean freight forwarding, freight brokerage, LTL freight service in China) YRC Enterprise Services (information technology) Footnotes: 1 FedEx Corp. revenue and net income are for 12 months ended May 31, 2010, and May 31, 2009. 2 DHL USA revenue includes North, South and Central America. 4 – 2010 Transport Topics Top 100 For-Hire Carriers / This Transport Topics 100 PDF is sponsored by R.L. Polk & Co. and TMW RANK RANK REVENUE % NET INCOME % OPERATING UNITS 2009 2008 COMPANY (000) CHANGE (000) CHANGE EMPLOYEES EQUIPMENT (DESCRIPTION OF SERVICES) 5 Ryder System 4,887,254 -18.5 61,945 -69.03 22,900 49,328 company-owned tractors Ryder Fleet Management Solutions (equipment leasing and rental, con- 5 Miami 5,999,041 199,881 24,100 63,949 straight trucks tract maintenance, emergency roadside assistance, used truck sales) NYSE: R 8,578 pickups and cargo vans Ryder Supply Chain Solutions (supply chain consulting, transportation Gregory Swienton, Chairman and CEO 49,660 trailers management, warehousing and distribution, freight brokerage, trade John Williford,
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