2008 Top 100 For-Hire Carriers List

Total Page:16

File Type:pdf, Size:1020Kb

2008 Top 100 For-Hire Carriers List A Word From the Publisher rucking is a service that Anderson Trucking Service reflects the ups and downs and LoneStar Transportation of the economy in North each saw revenue climb more America. So it’s not unusual than 20% in 2007. Both compa- to see freight carriers go nies benefited from a resur- through regular cycles of expansion gence of demand for flatbed T and heavy specialized hauling and retrenchment. Even so, this past year was a par- services as exports of U.S.- ticularly challenging one for many of made machinery and industrial the companies on the Transport goods boomed and domestic oil Topics Top 100 For-Hire Carriers and gas drilling activity list. increased in response to rising Soaring fuel costs and weak crude oil prices. freight demand led carriers to cut Another flatbed carrier, back on spending, lay off staff and Venture Transport Logistics, shrink the size of their fleets. was taken over by private equi- Two carriers – Jevic Transportation Howard S. Abramson ty firm Welsh, Carson, and Performance Transportation Anderson & Stowe and merged Services – went out of business, along with hun- with three oilfield haulers: Ace Transportation, dreds, if not thousands, of smaller carriers and inde- Dynasty Transportation and Texas Hot Shot Co. pendent owner-operators. Annual revenue for the combined companies is Revenue for the Top 100 for-hire carriers in 2007 $563 million. rose 4.7%, less than half the rate of the previous Higher fuel costs are probably here to stay and, year. A total of 26 carriers reported revenue declines as Senior Features Reporter Daniel P. Bearth in 2007, compared with 11 that saw revenue fall dur- reports, that is forcing shippers to rethink how and ing 2006. when they move freight and to consider new pack- Based on results of a survey done in conjunc- aging and product formulations that reduce the tion with the collection of data for the Top 100, volume and weight of shipments. fleet executives are expected to rein in spending We are likely to see, according to one expert, on equipment. modal shifts in which more goods are moved via Based on 64 responses, fleets say they plan to rail instead of truck, truckload instead of less-than- buy an average of 209 tractors in the next 12 truckload, and ground parcel delivery instead of months. That’s down 17% from the average of 252 air express. tractors purchased in the prior 12 months. Shippers also are reconsidering inventory An even greater decline is expected for trailers. strategies to reduce the distance needed to move Fleets surveyed said they plan to buy an average goods from where they are made or stored to of 249 trailers in the next 12 months, compared where they are used or purchased. with an average of 447 trailers in the previous As always, we expect that our readers will find year. the information and analysis in the Top 100 For- Even in a down year, however, there were Hire Carriers list to be an indispensable guide to pockets of prosperity and that is also reflected in understanding what’s going on. the financial and operating performance of carriers on the 2008 Top 100 For-Hire Carriers list. Acknowledgments and Sources The 2008 TRANSPORT TOPICS Top 100 is a special project of the Transport Topics Publishing Group that features finan- cial and operating information on the largest for-hire freight carriers in the United States, Canada and Mexico. Data were compiled from annual reports of publicly owned companies and directly from the management of privately owned com- panies. In some cases, revenue estimates were used to determine sector rankings. Senior Features Writer Daniel P. Bearth is the project coordinator, with assistance from research intern Andrew Chido. The design is by Patrick Donlon, assistant director of art and production. Cover Design by Shawn Torres and Louisa Wimberly. Page 3 RANK RANK REVENUE % NET INCOME % OPERATING UNITS 2007 2006 COMPANY (000) CHANGE (000) CHANGE EMPLOYEES EQUIPMENT (DESCRIPTION OF SERVICES) 1 UPS Inc. 49,692,000 4.5 382,000 -90.9 425,300 8,016 company tractors UPS Package Operations (air and ground package delivery) 1 Atlanta 47,547,000 4,202,000 427,700 93,637 company package cars, vans, UPS Supply Chain Solutions (transportation management, air, ocean and ground freight forwarding, customs bro- NYSE: UPS straight trucks and motorcycles kerage, supply chain design, contract carriage, refrigerated intermodal, service parts distribution and repair, returns D. Scott Davis, Chairman and CEO 22,097 trailers management, assembly and distribution, vehicle routing, dispatch and tracking systems) David Abney, Chief Operating Officer 268 aircraft UPS Freight (regional and interregional LTL) UPS Capital Corp. (equipment leasing, trade finance, freight payment and insurance) www.ups.com UPS Mail Innovations (mail processing) Mail Boxes Etc./The UPS Store (franchiser of retail shipping, postal and business service stores) UPS Professional Services (management consulting) UPS Air Cargo (air freight) 2 FedEx Corp.1 37,953,000 7.7 1,125,000 -44.2 290,000 58,500 company tractors FedEx Express (air and ground package and freight delivery) 2 Memphis, Tenn. 35,241,000 2,016,000 275,000 straight trucks and vans FedEx Ground (commercial and residential ground package delivery) NYSE: FDX 21,400 owner-operator tractors FedEx Freight (regional and national LTL) Frederick Smith, Chairman and CEO and straight trucks FedEx Truckload Brokerage (freight brokerage) 671 aircraft FedEx Custom Critical (air and ground expedited, vehicle hauling) www.fedex.com FedEx Trade Networks (air and ocean freight forwarding, customs brokerage) FedEx Office (copying, printing, packing, Internet, sign and banner services) FedEx Global Supply Chain Services (supply chain consulting, transportation management, order fulfillment, ware- housing and distribution, inventory management) FedEx Services (sales and marketing, information technology support) 2 3 DHL Americas 14,829,000 6.1 NA NA 87,185 22,600 company tractors, DHL Express (air and ground package delivery) 3 Plantation, Fla. 13,978,000 NA 81,175 straight trucks and vans DHL Global Forwarding (air and ocean freight forwarding) Ken Allen, CEO, DHL Express, US DHL Exel Supply Chain (supply chain consulting, transportation management, freight brokerage, warehousing and William Meahl, CEO, DHL Exel distribution, contract carriage, contract manufacturing, assembly and packaging, residential and commercial delivery, Supply Chain Americas returns management, service parts distribution) Exel Transportation Services (freight brokerage, intermodal) www.dhl-usa.com DHL Global Mail (direct mail, packaging, order fulfillment) Astar Air Cargo, Polar Air Cargo (air freight, 49% interest) 4 YRC Worldwide 9,621,316 -3.0 (638,381) NA 63,000 26,137 company tractors YRC North American Transportation 4 Overland Park, Kan. 9,918,690 276,632 66,000 and straight trucks Yellow Transportation, Roadway Express, Reimer Express Lines (national and international LTL and TL, expedited, Nasdaq: YRCW 86,462 trailers cross-border services) William Zollars, Chairman and CEO YRC Regional Transportation New Penn Motor Express, USF Holland, USF Reddaway (regional and interregional LTL and TL, cross-border www.yrcw.com services) USF Glen Moore (dry van TL) YRC Logistics (transportation management, warehousing and distribution, air and ocean freight forwarding, freight brokerage) YRC Worldwide Technologies (information technology) JHJ International Transportation Co. (air and ocean freight forwarding, warehousing in China, 50% ownership) Shanghai Jiayu Logistics Ltd. (LTL freight services in China) 5 Ryder System 6,565,995 4.1 253,861 2.0 28,800 50,400 company tractors Ryder Fleet Management Solutions (equipment leasing and rental, contract maintenance, emergency roadside assis- 5 Miami 6,306,643 249,000 28,600 62,800 company straight trucks tance, used truck sales — includes assets of Lily Transportation Corp. and Gator Leasing Inc., acquired in January NYSE: R 40,400 trailers and May 2008, respectively) Gregory Swienton, Chairman and CEO Ryder Supply Chain Solutions (supply chain consulting, transportation management, warehousing and distribution, freight brokerage, trade services) www.ryder.com Ryder Dedicated Contract Carriage (contract carriage) 3 6 Con-way Inc. 4,387,363 3.9 145,952 -43.6 27,100 11,200 company tractors Con-way Freight (regional and interregional LTL) 6 San Mateo, Calif. 4,221,478 258,978 21,800 and straight trucks Con-way Truckload (dry van truckload — includes operations of Contract Freighters Inc., acquired in August 2007) NYSE: CNW 31,100 trailers Menlo Worldwide Logistics (supply chain consulting, transportation management, contract carriage, warehousing Douglas Stotlar, CEO and distribution, freight brokerage — includes Cougar Holdings and Chic Holdings, acquired in September and October 2007, respectively) www.con-way.com Road Systems (trailer manufacturing) 7 Penske Truck Leasing Co. 4,100,000 2.5 NA NA 20,000 64,800 company tractors Penske Truck Leasing (equipment leasing and rental, contract maintenance, used truck sales) 7 Reading, Pa. 4,000,000 NA 20,000 94,000 straight trucks Penske Logistics (supply chain consulting, transportation management, contract carriage, warehousing and distribu- (Penske Corp./General Electric Co.) 56,500 trailers tion, air and ocean freight forwarding) Roger Penske, Chairman Brian Hard, President www.pensketruckleasing.com 9 J.B. Hunt Transport Services 3,489,899 4.9 213,134 -3.1 15,795 10,308 company tractors J.B. Hunt Intermodal (intermodal and drayage) 8 Lowell, Ark. 3,327,987 219,952 17,150 1,084 owner-operator tractors J.B. Hunt Truck (dry van TL) Nasdaq: JBHT 26,578 trailers J.B. Hunt Dedicated Contract Services (contract carriage) Wayne Garrison, Chairman 34,019 containers Integrated Capacity Solutions (freight brokerage) Kirk Thompson, CEO Transplace Inc. (supply chain consulting and transportation management, 37% ownership) Craig Harper, Chief Operating Officer www.jbhunt.com 4 — 2008 TRANSPORT TOPICS TOP 100 FOR-HIRE CARRIERS This Transport Topics 100 PDF is sponsored by R. L.
Recommended publications
  • NSIAD-90-50 Household Goods: Competition Among Commercial
    4 United States General Accounting Office Report to the Chairman, Legislation GAO and National Security Subcommittee, Committee on Government Operations, House of Representatives HOUSEHOLD GOODS Competition Among Commercial Movers Serving DOD Can Be Improved National Security and International Affairs Division B-23767 1 February 12,199O The Honorable John Conyers, Jr. Chairman, Legislation and National Security Subcommittee Dear Mr, chairman: This report responds to a request by the former Subcommittee Chairman that we review the practices and procedures of the Department of Defense in procuring commercial household goods shipping services for personnel being transferred at government expense between duty stations within the United States. Unless you publicly announce its contents earlier, we plan no further distribution of this report for 30 days. At that time, we will send copies to the Secretaries of Defense, the Army, the Navy, and the Air Force; the Chairmen, House and Senate Committees on Armed Services and on Appropriations; the Director, Office of Management and Budget; and to other interested parties. This report was prepared under the direction of Richard Davis, Director, Army Issues, who may be reached at (202) 275-4141 if you or your staff have any questions. GAOstaff members who made major contributions to this report are listed in appendix IV. Sincerely yours, Frank C. Conahan Assistant Comptroller General ljxecutive Summary The Department of Defense spends over $400 million dollars a year to Purpose ship and store the household goods of its members authorized to make a transfer or to relocate within the 48 contiguous United States. The money is paid to commercial household goods carriers and their agents located throughout the United States.
    [Show full text]
  • Annual Report 2020
    Annual Report 2020 Wells Fargo Bank, N.A. Collective Investment Funds Table of Contents Page Independent Auditors’ Report 1 Financial Statements: Wells Fargo/Causeway International Value CIT 3 Wells Fargo/Dodge & Cox Intermediate Bond CIT 10 Wells Fargo/Federated Total Return Bond CIT 20 Wells Fargo/Lazard International Equity CIT 36 Wells Fargo/MFS Value CIT 44 Wells Fargo/Multi-Manager Small Cap CIT 51 Wells Fargo/T. Rowe Price Institutional Equity Income Managed CIT 65 Wells Fargo/T. Rowe Price Institutional Large-Cap Growth Managed CIT 73 Wells Fargo/Voya Large-Cap Growth CIT 79 Notes to Financial Statements 85 Appendix 97 Regulatory Statement 101 KPMG LLP Two Financial Center 60 South Street Boston, MA 02111 Independent Auditors’ Report The Unitholders of the Funds and Wells Fargo Bank, N.A.: We have audited the accompanying financial statements of Wells Fargo/Causeway International Value CIT, Wells Fargo/Dodge & Cox Intermediate Bond CIT, Wells Fargo/Federated Total Return Bond CIT, Wells Fargo/Lazard International Equity CIT, Wells Fargo/MFS Value CIT, Wells Fargo/Multi-Manager Small Cap CIT, Wells Fargo/T. Rowe Price Institutional Equity Income Managed CIT, Wells Fargo/T. Rowe Price Institutional Large-Cap Growth Managed CIT and Wells Fargo/Voya Large-Cap Growth CIT (collectively, the Funds), nine of the collective investment funds constituting Wells Fargo Bank Collective Investment Funds for Employee Benefit Trusts, which comprise the statements of assets and liabilities, including the schedules of investments, as of December 31, 2020, and the related statements of operations, changes in net assets, and the financial highlights for the year or periods then ended, and the related notes to the financial statements.
    [Show full text]
  • Mediocreat Best
    MEDIOCRE AT BEST The CCJ Top 250’s specialized carriers fared best – and worst – in 2007. But most general freight carriers saw anemic growth – or none at all. BY AVERY VISE t the time, most trucking Three carriers that were in A widespread slowdown companies probably saw last year’s CCJ Top 250 – No. The CCJ Top 250’s growth slowed A2007 as fairly miserable – 67 Performance Transportation further in 2007. Revenues grew 3.9 soft freight demand, ample capacity Services, No. 88 Jevic Transportation percent, down from the 9 percent and high fuel prices. Diesel averaged and No. 248 Alvan Motor Freight – increase recorded the year before and $2.89 a gallon in 2007, rising steadily ceased operations this year and so the 16.1 percent rise in 2005 over throughout the year from a low have been dropped from this year’s 2004. For LTL and truckload gen- of $2.41 in January to an unprec- CCJ Top 250. Fuel wasn’t the lone eral freight carriers – the majority of edented $3.44 by late November. culprit. For example, the troubled the CCJ Top 250 – 2007 was truly a For many, those were the good old automobile industry contributed to lackluster year. In fact, 2007 was just days. Today’s diesel prices are more the demise of Alvan Motor Freight another 2006 for LTL carriers, which than 35 percent higher than even the and car hauler PTS, which shut saw no change in revenues. Truckload highest average price during 2007. down in bankruptcy principally due general freight carriers posted a 3.3 Escalating prices coupled with the lag to a Teamsters strike.
    [Show full text]
  • Ferguson LTL Carrier Contacts.Xlsx
    Mode Managed Transportation Center 17330 Preston Road 200c Updated 1/10/2019 Dallas TX 75252 www.modetransportation.com Mode Transportation Contacts Mode Transportation Main [email protected] 833-235-6208 Transportation Manager Jane McDaniel [email protected] O: 214-445-5226 C: 214-213-7430 Accounts Payable/Billing Charles Cabral [email protected] O: 214-445-5224 C: 469-439-7088 SCAC Carrier Carrier Website PYLE A DUIE PYLE INC https://www.aduiepyle.com/ AACT AAA COOPER TRANSPORTATION http://www.aaacooper.com/ ABFS ABF FREIGHT SYSTEM INC https://arcb.com/abf-freight BEAV BEAVER EXPRESS www.beaverexpress.com/ CENF CENTRAL FREIGHT LINES INC. http://www.centralfreight.com/ CNWY CONWAY/XPO http://www.con-way.com/ DAFG DAYTON FREIGHT LINES, INC. https://www.daytonfreight.com/ DPHE DEPENDABLE HIGHWAY http://www.godependable.com/ EXLA ESTES EXPRESS LINES https://www.estes-express.com/ FXFE FEDEX FREIGHT https://www.fedexfreight.fedex.com/ JJKQ JACK JONES TRUCKING http://www.jjtinc.com/ LKVL LME https://www.lme4me.com/ NPME NEW PENN https://www.newpenn.com/ NOPK NORTHPARK http://nopk.com/ OAKH OAK HARBOR FREIGHT LINES http://www.oakh.com/ ODFL OLD DOMINION FREIGHT LINES https://www.odfl.com/ PENS PENINSULA http://www.peninsulatruck.com/ PITD PITT OHIO EXPRESS INC. https://works.pittohio.com/ RLCA R & L CARRIERS https://www2.rlcarriers.com/ RETL REDDAWAY http://www.reddawayregional.com/ SAIA SAIA MOTOR FREIGHT LINE INC https://www.saia.com/ SEFL SOUTHEASTERN FREIGHT LINES https://www.sefl.com/
    [Show full text]
  • Freight Assessment Blueprint Practical Guide for Evaluating Freight Transportation in Support of National Green Freight Programs
    WHITE PAPER MARCH 2017 FREIGHT ASSESSMENT BLUEPRINT PRACTICAL GUIDE FOR EVALUATING FREIGHT TRANSPORTATION IN SUPPORT OF NATIONAL GREEN FREIGHT PROGRAMS Ben Sharpe www.theicct.org [email protected] BEIJING | BERLIN | BRUSSELS | SAN FRANCISCO | WASHINGTON ACKNOWLEDGMENTS This work is supported by the Climate and Clean Air Coalition and the U.S. Environmental Protection Agency. The critical reviews of Cristiano Façanha, Oscar Delgado, and Rachel Muncrief of the ICCT were very valuable. In addition, we are very grateful for the feedback provided by Buddy Polovick (U.S. EPA), Melissa Sutherland (Natural Resources Canada), and Alvin Mejia (Clean Air Asia). International Council on Clean Transportation 1225 I Street NW Suite 900 Washington, DC 20005 USA [email protected] | www.theicct.org | @TheICCT © 2017 International Council on Clean Transportation FREIGHT ASSESSMENT BLUEPRINT TABLE OF CONTENTS 1. Introduction .............................................................................................................................1 2. How to conduct a freight assessment ................................................................................4 3. What to include in a freight assessment ...........................................................................9 3.1 Roles and trends of trucking, shipping, and rail .................................................................. 9 3.2 Freight trucks and trailers sales market.................................................................................12 3.3
    [Show full text]
  • North American Commercial Vehicle Show the Fleet Technology Showcase
    September 27-30, 2021 Georgia World Congress Center, Atlanta North American Commercial Vehicle Show The Fleet Technology Showcase The North American Commercial Vehicle (NACV) Show, the premier biennial B2B trucking industry event focusing on the needs of fleet owners, managers and decision makers, is North America’s largest and most comprehensive commercial vehicle trade show for fleets. North America is the world’s largest market for commercial vehicles with over 141 million vehicles in use across the continent. We are committed to serving the needs of this market and continuing to nurture its vital role in global commercial activity. Kyle Behnke, CEO & Owner, United Federal Logistics, Inc. “The NACV Show put all of the major manufacturers in one room and let us compare all of their new technology, apples to apples. That, and the people we met, helped us drive our truck-buying decision in the following year. We ended up buying 13 trucks, which for a small fleet like ours, was huge.” NACV Show 2017 by the numbers 439 370,000 234 6,000 exhibitors sq. ft. of exhibits accredited international journalists unique visitors NACV Show 2017 Attendees*: 93% rated the show as good or great had plans to purchase products or services 82% they saw on display at NACV Show 2017 planned to purchase from a new supplier after 63% the show were able to see all the products and services 89% they wanted to experience 95% indicated they were planning to attend in 2019 *Based on NACV Show 2017 attendee post-show survey. nacvshow.com Why NACV Show 2021? The NACV Show brings together fleets of ALL sizes, including the biggest and best, with a full range of industry products and services.
    [Show full text]
  • Origin State LTL Carrier / PH# Origin State LTL Carrier / PH# Alabama Fedex Freight Economy / 1.800.463.3339 Montana Fedex Freight Economy / 1.800.463.3339
    SRC Electrical 2/16/2018 LTL Routing Guide US Shipments Weight Routing Instructions FedEx Ground: All freight that falls within the FedEx Ground guidelines up to < 150# 150#. No single carton is to exceed 70#. Multiple carton shipments must be combined into single‐carton shipments when possible. 151‐8000# See LTL Routing Guide Below Contact SRC Electrical Materials Manager for routing instructions. Dewayne >8000# Ipock 417.851.6212 Origin State LTL Carrier / PH# Origin State LTL Carrier / PH# Alabama FedEx Freight Economy / 1.800.463.3339 Montana FedEx Freight Economy / 1.800.463.3339 Alaska FedEx Priority / 1.800.463.3339 Nebraska SAIA / 1.800.765.7242 Arizona FedEx Freight Economy / 1.800.463.3339 Nevada FedEx Freight Economy / 1.800.463.3339 Arkansas SAIA / 1.800.765.7242 New Hampshire FedEx Freight Economy / 1.800.463.3339 California FedEx Freight Economy / 1.800.463.3339 New Jersey FedEx Freight Economy / 1.800.463.3339 Colorado FedEx Freight Economy / 1.800.463.3339 New Mexico FedEx Freight Economy / 1.800.463.3339 Connecticut FedEx Freight Economy / 1.800.463.3339 New York FedEx Freight Economy / 1.800.463.3339 Delaware FedEx Freight Economy / 1.800.463.3339 North Carolina Estes Express / 1.877.268.4555 Florida FedEx Freight Economy / 1.800.463.3339 North Dakota SAIA / 1.800.765.7242 Georgia FedEx Freight Economy / 1.800.463.3339 Ohio Dayton / 1.800.860.5102 Hawaii FedEx Priority / 1.800.463.3339 Oklahoma SAIA / 1.800.765.7242 Idaho FedEx Freight Economy / 1.800.463.3339 Oregon FedEx Priority / 1.800.463.3339 Illinois Dayton /
    [Show full text]
  • Domestic Customer Service Index Scores Effective November 1, 2010
    DOMESTIC CUSTOMER SERVICE INDEX SCORES EFFECTIVE NOVEMBER 1, 2010 AAAA AAAA FORWARDING, INC. Unindexed AAIM AACTION MOVING & STORAGE Unindexed AAPG AAA PRO MOVING & STORAGE Unindexed AARV AARO MOVING SYSTEMS, INC. 101.82 AASH AAA MOVING & STORAGE Unindexed AAVH ALL AMERICAN MOVING SERVICES Unindexed AAVP AMERICAN VANPAC CARRIERS, INC. Unindexed ACMH ACME MOVING & STORAGE Unindexed ADIM ADRIANA INTERNATIONAL Unindexed ADMV ADVANCE CORPORATION Unindexed ADOL AMBASSADOR RELOCATIONS INC Unindexed AEQL ACCESS RELOCATION Unindexed AERM MAYFLOWER TRANSIT, LLC 94.30 AFDG ATLAS FORWARDING, INC. Unindexed AFFH AMERICAN FAST FREIGHT INC Unindexed AFIW PASHA GROUP DBA AFI/PASHA WORLDWIDE Unindexed AFTS AFFILIATED TRANSPORTATION SYST Unindexed AIGP ARPIN INTERNATIONAL GROUP Unindexed ALDS ALEXANDERS MOVING & STORAGE Unindexed ALIS ALLISON WAREHOUSE Unindexed ALLV ALLIED VAN LINES 97.93 ALRQ ALL AMERICA RELOCATION, INC. 102.43 AMRB AMERICAN RED BALL Unindexed ANBP A & B TRANSPORTATION SERVICES Unindexed ANVL ANDREWS VAN LINES, INC. Unindexed AOFA A-1 FREEMAN NORTH AMERICAN Unindexed APMT ALL PRO MOVING & TRANSFER Unindexed APVA APPLE TRANSFER, INC. Unindexed APVN APACA VAN LINES INC Unindexed ARCA ACE RELOCATION SYSTEMS, INC. Unindexed ARMT ARMSTRONG RELOCATION CO. 101.55 ARNA A. ARNOLD WORLD CLASS RELOCATION 91.80 ARPV ARPIN VAN LINES, INC. 96.67 ARSG ARMSTRONG MOVING Unindexed ATVL ATLAS VAN LINES INC 100.59 AVAS AMERICAN VAN SERVICE, INC. Unindexed AZMC AZTEC MOVING Unindexed BAIP PARKER K. BAILEY & SONS, INC. Unindexed BAMO BARNES MOVING & STORAGE CO. Unindexed BAMQ BALLARD MOVING AND STORAGE Unindexed BARK BARKLEY TRUCK LINES, INC. Unindexed BBAF B & B MOVERS, INC. Unindexed BBMS BRANTLEY BROTHERS MOVING Unindexed BEKM BEKINS A-ONE MOVERS Unindexed BEKS BEKINS NORTHWEST Unindexed BEMJ BEMIDJI TRANSFER, INC.
    [Show full text]
  • Third Quarter Ended September 30, 2020 Forward-Looking Statements
    Third Quarter Ended September 30, 2020 Forward-Looking Statements In the interest of providing shareholders and potential investors with information regarding TFI International, including management’s assessment of future plans and operations, certain statements in this presentation are forward-looking statements subject to risks, uncertainties and other important factors that could cause the Company’s actual performance to differ materially from those expressed in or implied by such statements. Such factors are further discussed under Risks and Uncertainties in the Company’s Annual Information Form and MD&A, but readers are cautioned that the list of factors that may affect future growth, results and performance is not exhaustive, and undue reliance should not be placed on forward- looking statements. The expectations conveyed by the forward-looking statements are based on information available to it on the date such statements were made, and there can be no assurance that such expectations will prove to be correct. All subsequent forward-looking statements, whether written or orally attributable to the Company or persons acting on its behalf, are expressly qualified in their entirety by these cautionary statements. Unless otherwise required by applicable securities laws, the Company expressly disclaims any intention, and assumes no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 2 TFI International: Who We Are Diversified: Full service: Package & Courier,
    [Show full text]
  • Volvo Trucks' Customer Saia Takes Delivery of Two Volvo VNR Electrics
    VOLVO TRUCKS Press Information Volvo Trucks’ Customer Saia Takes Delivery of Two Volvo VNR Electrics Saia LTL Freight, a leading national transportation and logistics provider founded in 1924, recently took delivery of two Volvo VNR Electric trucks at its facility in Los Angeles, California. The VNR Electrics from Volvo Trucks North America are the first zero tailpipe emission, battery-electric Class 8 trucks to be deployed in Saia’s fleet, which provides regional freight distribution services throughout Southern California, as well as logistics services across the U.S., Canada, Puerto Rico, and Mexico. The Volvo VNR Electric trucks being leased to Saia by Volvo Financial Services (VFS) are part of the Volvo LIGHTS project, an innovative collaboration between Volvo Trucks North America, the South Coast Air Quality Management District (South Coast AQMD), and 12 other organizations, to develop a blueprint to successfully introduce battery-electric trucks and equipment into the North American transport industry at scale. The project includes a total of 17 leased VNR Electrics being placed into Southern California fleet operations. “Volvo Trucks is pleased that Saia has chosen the VNR Electric as its first battery-electric model for regional freight transportation. We are excited to partner with their team on this important first step toward fleet electrification and look forward to delivering the quality and reliability Saia requires to scale their zero-emission fleet in the future,” said Peter Voorhoeve, president, Volvo Trucks North America. “Through the Volvo LIGHTS project and the commercial launch of the VNR Electric, we have developed a robust service model to provide our customers with full support—from funding and financing options from VFS to vehicle procurement, infrastructure planning and installation, and regular maintenance schedules to maximize uptime.” “Commercialization of these cleaner technologies is a big part of the solution for cleaner air,” said Wayne Nastri, South Coast AQMD’s executive officer.
    [Show full text]
  • 2016 Top 50 Trucking Companies 2016 Top 50 Trucking Companies
    SPECIAL REPORT SPECIAL 2016 TOP 50 TRUCKING COMPANIES 2016 TOP 50 TRUCKING COMPANIES 2016 PRIMARY PUBLIC/ 2015 REVENUE 2016 REVENUE PERCENT SUBSIDIARY PORTFOLIO / RANK PARENT COMPANY SERVICE PRIVATE (IN MILLIONS OF DOLLARS) CHANGE SERVICES & COMMENTS 1 United Parcel Service of America Parcel Public $29,829 $31,770 6.5% Ground, freight, brokerage. Acquired Coyote Logistics in July 2015 TOP 50 TRUCKING COMPANIES TRUCKING 50 TOP 2 FedEx* Parcel Public $20,307 $22,127 9.0% FedEx Ground, FedEx Freight, FedEx Custom Critical 3 XPO Logistics IMC Public $3,273 $6,860 109.6% Acquired Con-way in October 2015 4 J.B. Hunt Transport Services IMC Public $6,188 $6,555 5.9% Truckload, dedicated contract service, intermodal, integrated capacity solutions 5 YRC Worldwide LTL Public $4,832 $4,698 -2.8% YRC Freight, Holland, Reddaway, New Penn 6 Swift Transportation TL Public $4,229 $4,032 -4.7% Dry-van, refrigerated, dedicated, nntermodal 7 Hub Group IMC Public $3,526 $3,573 1.3% Hub, Mode, Unyson 8 Schneider National TL Private $3,423 $3,506 2.4% Largest privately owned trucking company 9 Landstar System TL Public $3,364 $3,172 -5.7% Dry-van, flatbed, LTL, intermodal 10 Old Dominion Freight Line LTL Public $2,972 $2,992 0.6% Most profitable asset-based publicly held trucking company 11 ArcBest LTL Public $2,422 $2,496 3.0% ABF Freight, ABF Logistics, Panther Premium Logistics 12 Estes Express Lines LTL Private $2,135 $2,155 0.9% Largest privately owned LTL carrier 13 Werner Enterprises TL Public $2,094 $2,009 -4.0% One-way TL, dedicated, value-added services 14 Prime TL Private $1,736 $1,747 0.6% Prime Refrigerated, Prime Flatbed, Prime Tanker 15 Roadrunner Transportation Services TL Public $1,610 $1,709 6.2% Truckload revenue growth offset LTL revenue decline 16 R+L Carriers LTL Private $1,429 $1,452 1.6% LTL, Truckload 17 U.S.
    [Show full text]
  • Automated Commercial Motor Vehicle Working Group Report
    Commercial Vehicle Safety Alliance— Automated Commercial Motor Vehicle Working Group In partnership with Final Report Submitted by MaineWay Services, with the support of Cambridge Systematics, Inc. October 2019 (Updated September 2020) Automated CMV Working Group – Final Report Table of Contents Executive Summary ................................................................................................................................... 1 1.0 Introduction ...................................................................................................................................... 1 2.0 Background ...................................................................................................................................... 5 3.0 Stakeholder Outreach and Input ..................................................................................................41 4.0 Creating a Decision Tree for ADS-Equipped CMV Identification ..............................................45 5.0 Recommendations and Next Steps .............................................................................................48 6.0 Items for Future Consideration ....................................................................................................56 Appendix A. CVSA NAS Level I Inspection—Gap Analysis Matrix ................................................. A-1 Appendix B. Working Group Inspection Options Survey ................................................................ B-1 i Automated CMV Working Group – Final Report List of
    [Show full text]