private carriers - Transport Topics

Transcription

FOR-HIRE CARRIERS &
PRIVATE CARRIERS
2003
Transport Topics 100 data is compiled from annual reports of publicly owned
companies, telephone interviews with executives of privately owned
companies and other sources. We have made every attempt to ensure the
data provided is as accurate as possible as of July 25, 2003.
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2003 TRANSPORT TOPICS 100 — 3
The TT 100
Looking For Recovery and Renewal
‘Trucking Recession’ Said to Be Over, But Demand Lags Behind
By Daniel P. Bearth
Senior Features Writer
T
he economy isn’t what it used to be for
trucking. Even though, statistically, the
U.S. economy has been growing
throughout the past year and a half,
trucking has seen little growth in
demand for freight hauling.
One of the reasons, according to
industry analysts, is that manufacturing, construction and wholesale-retail
trade — sectors that generate the
most demand for trucking services —
contribute less overall to the U.S.
economy now than they used to do.
Reduced production and distribution of goods in the United States
produces a double hit for trucking
because trucks carry raw materials
and parts to factories and then deliver finished products to customers.
The relatively weak freight environment put a damper on the performance of motor carriers in 2002. It
also raised the question in the minds
of some industry observers of how
much economic growth is needed to produce
a genuine recovery in freight demand.
“When you lose 3 million manufacturing
jobs, it’s pretty hard for trucking to go too far
too fast,” said Bob Taylor, vice president of
finance for Pitt Ohio Express in Pittsburgh.
The ability to forecast freight demand is
critical to the effort of trucking companies to
provide good service, according to trucking
executives and industry analysts.
“It’s important that capacity be balanced with
demand,” said David Van Der Ploeg, senior
vice president of finance for Schneider National. “We can do a better job of executing.”
Because shippers often provide carriers
with inaccurate forecasts of freight demand,
Van Der Ploeg said his staff accumulates as
much information as possible from as many
sources as possible on industries that are
important to Schneider National’s business as
The latter factor helps to lower the cost of
service.
“We saw an increase of approximately 13%
in tonnage due to the [Consolidated Freightways] closure,” Arkansas Best Corp. Chief
Executive Officer Robert A. Young III said in
his company’s annual report to shareholders.
Arkansas Best is the parent of ABF
Freight System, the nation’s sixthlargest LTL carrier.
The additional CF business, while
“not as profitable as ABF’s average
business,” Young said, “did generate
solid operating leverage while positively contributing to ABF’s bottom
line.”
On the truckload side, many existing carriers curtailed truck purchases
in 2002 because of concern about the
cost and durability of new reducedemission diesel engines. Also, few
new entrants came into the market.
Bob Costello As a result, capacity has tightened
American Trucking Associations and rates have risen.
the nation’s largest truckload carrier, including retail sales, automotive, paper, consumer
products and electronics. The company also
pays close attention to data published by
publicly owned trucking companies and
freight demand indexes compiled by several
Wall Street investment firms based on sur-
“GDP really isn’t a good
indicator for predicting the
magnitude of growth in
trucking volumes any more.”
(Continued on next page)
veys of major shippers.
Truck and trailer sales and
fuel purchases also can be
helpful in predicting changes
in capacity and in making
equipment purchase decisions, Van Der Ploeg said.
“We like to see who’s reinvesting and who’s holding
back.”
Changes in supply and
demand can have a major
impact on freight rates. The
bankruptcy of several major
less-than-truckload carriers
this past year, for instance,
not only enabled surviving
companies to charge more,
but also to get better utilization out of their equipment.
CONTENTS
Transport Topics 100
Sector Reports
18
19
19
19
20
20
20
20
20
Less-Than-Truckload
Truckload
Tank Truck
Refrigerated
Household Goods
Contract
Motor Vehicle
Specialized
Package/Courier
Alphabetical Indexes
6
Acknowledgements
and Sources
The 2003 TRANSPORT TOPICS 100 is a special project of the TT Publishing Group that
features financial and operating information
on the largest for-hire freight carriers in the
United States and Canada. Information was
compiled from annual reports of publicly
owned companies, telephone interviews
with executives of privately owned companies and other sources.
Senior Features Writer Daniel P. Bearth was
the project coordinator, assisted by Shivram
Vaideeswaran and the Economics and Statistics Group of American Trucking Associations. The design is by Patrick Donlon, assistant director of art and production.
Michael James—Transport Topics
6
Demand for trucking did not pick up as much steam as the general economy as
2002 came to a close.
4 — 2003 TRANSPORT TOPICS 100
The TT 100
(Continued from previous page)
Donald Broughton, a trucking analyst with
A.G. Edwards & Sons in St. Louis, said a 4%
increase in average revenue per loaded mile,
compared with a 2.4% growth in the economy in 2002, is a “sign of real recovery” for
truckload carriers.
Offsetting higher rates, however, was a
3.1% increase in empty miles and no increase
in average miles per truck. The combination
of these factors means that average weekly
revenue per truck in the third quarter of
2002 was “just $100 more” than the first
quarter of 1999, Broughton said.
A
merican Trucking Associations Chief
Economist Bob Costello first reported
on the disparity between economic
growth and truck tonnage in an op-ed for
TRANSPORT TOPICS on May 27, 2002,
“It is obvious that services have become a
larger part of our economy over time and
trucks do not haul services,” Costello
observed.
Services constituted 11.6% of the gross
domestic product in 1970, but grew to 22.2%
in 2000, according to Costello. Manufacturing, in contrast, shrank from 24% to 15.9%
over the same period.
Construction, manufacturing and wholesale-retail trade combined declined as a perc en tage of G DP fr om 45.5% i n 1970 to
36.4% in 2000.
The data do not mean that output in these
sectors has necessarily fallen in inflationadjusted dollars, Costello said, but only that
services have grown much faster.
“GDP really isn’t a good indicator for predicting the magnitude of growth in trucking
volumes any more,” he said.
Trucks haul two-thirds of all tonnage carried by all modes of domestic freight transportation, and that percentage is expected to
climb from 67.9% in 2002 to 69.1% in 2014,
according to forecasts developed by Global
Insight Inc., an economics consulting firm
formerly known as DRI-WEFA Inc., and
Martin Labbe Associates of Ormond Beach,
Fla., for ATA.
In his original column, Costello noted that
while the nation’s GDP had increased at a
5.8% annual rate in the first quarter of 2002,
truck tonnage was up by “only a scant 0.3%”
compared to the prior year.
“You need to peel back only one layer of the
GDP data to see why trucking was not invited to the economic party,” Costello said.
First, consumers spent more on personal
services and less on durable goods during the period. And second, the war on
terrorism boosted government spending,
which, Costello said, “did not broadly
impact” trucking.
Other factors that limited truck shipments
included a drop in exports and a reduction in
business investment, both reflecting a slump
in industrial production.
The U.S. economy was technically in recession for only the first three quarters of 2001
when the annual rate of growth in GDP was
negative. But a review of ATA truck tonnage
data shows that a “trucking recession” started
as early as 2000 and lasted until the final
quarter of 2002, Costello said.
The ATA Truck Tonnage Index remains well
below its peak of 157.2 in December 1999
(where the base year of 1993 equals 100).
The latest index number, which is calculated
from surveys of ATA-member carriers, was
set at 153 in April, according to Costello.
“Truck tonnage has exhibited the ups and
downs associated with an economy that is in a
state of flux,” he said. “However, the underlying trend is one of improvement as tonnage
continues to gain ground lost during the
recession.”
The tonnage index could finally top the
1999 record later this year if the economy
picks up steam in the second half of the year,
according to Broughton of A.G. Edwards.
“I see a slow, steady rebound in demand,”
he said in a telephone interview. “What is
amazing about the
U.S. economy is how
flexible and resilient it
is.
We’ve
gone
through a number of
political, financial and
psychological crises in
the domestic and
world economy — any
one of which could
have caused a recession — yet the economy grew in 2002. It is
growing in 2003.
That’s extraordinary.”
He said another way
to look at the situation
facing trucking is to
compare the current
environment with the
“near perfect” conditions for trucking that
existed from 1996 to
1999.
“We had moderate to
declining fuel prices.
Access to capital was
cheap. Truck manufacturers offered better equipment and
good financing deals.
The struggle to find
drivers was the only
real problem. We had
low insurance rates,”
Broughton said.
N
For Star Transport, ‘The Economy
Is Not Really Turning Around’
S
ummer is when demand usually picks up for Star Transport, a
dry van truckload carrier based in Morton, Ill. But this year is
different, according to Star President Glenn Werry.
“The economy is not really turning around,” he said. “And we
may be having this type of economy for a long time. There are too
many trucks chasing too few loads.”
Werry said records of a load optimization program over the past
five or six years consistently has shown demand exceeding his
company’s capacity by 10% to 15% at this time of year. Now the
load demand indicator is only 2% to 4% over capacity, he said.
Some of the demand for truckload service is coming from consolidation of less-than-truckload shipments and intermodal freight
movements, rather than an increase in domestic industrial production, Werry said.
“Manufacturing is moving offshore,” he said. “And the more
international content there is in products, the less trucking
there is.”
Werry said that although he added 60 tractors last year and revenue grew almost 7%, rising costs have nearly wiped out profits.
Star Transport reported less than 1% net profit on revenue of
$129 million in 2002, Werry said.
A recently passed increase in truck licensing fees, for example,
means it will cost Morton $985,000 more a year just to stay in business in Illinois, he said.
The reaction of shippers to requests for higher rates falls into
three categories, Werry said. “One quarter will say no, half will
do it when push comes to shove and one quarter will say they
understand.”
The issue then becomes not whether to keep or drop a shipper,
Werry said, but whether the freight that shippers are providing in
certain areas at certain times is profitable or not.
“We have to do a lane-by-lane analysis. It’s a lot more work,”
he said.
— Daniel P. Bearth
otwithstanding
those favorable factors in
the late 1990s, many
trucking companies
still struggled to make
adequate profits. As a
result, when business
dropped off in mid2000, a record number of trucking companies went out of business, according to a
study by Broughton of bankruptcy data and
truck repossessions by truck dealers and
lenders.
Truckload industry consultant David Goodson once referred to the conditions facing
the trucking industry over the past two-tothree years as “the perfect storm,” as carriers
faced a dizzying array of challenges, from
weak demand to soaring costs for fuel and
insurance. Higher prices for new equipment and a sudden drop in the secondary
value of equipment because of a glut of used
trucks also made it difficult for many trucking companies to expand their freight hauling
capacity.
“Truckload carriers now are much less bullish on buying tractors,” Goodson said. “But
with a lot of cheap equipment on the market,
I see a lot of attractive financing deals and
this should bring more truck owner-operators
back into the market because the cost of
entry is going down.”
John Larkin, a trucking industry analyst
with Legg Mason Wood Walker in Baltimore,
however, said there has been a noticeable
lack of new entrants in the trucking industry
over the past two or three years despite relatively high valuations for trucking stocks.
“You don’t see new startups,” he said. “In
the past, you might have seen six or seven
companies tap the market for investment and
there would usually be one debt offering for
each equity deal. We’re not seeing that this
time.”
Larkin said many truckload fleet owners are
getting older and are less inclined to take
risks by expanding capacity.
“Their priorities are different,” he said.
“The goal is not to be the biggest, but to get
the best return on capital. This is good for
the industry.”
Shippers are also playing a role in raising
barriers to entry to trucking companies,
Larkin said.
“The attitude of shippers has changed,” he
said. “The big ones, at least, have a welldeveloped set of criteria that they apply to
the [carrier] selection process.”
Larkin said shippers are more often setting
high service standards and requiring carriers
to provide things like freight tracking, specialized trailers and additional insurance.
Goodson said he sees fleets investing more
heavily in sophisticated planning software to
help management make better decisions
about the freight they haul and the prices
they charge.
“In the 1990s, fleets were really concerned
about costs and not freight profitability,” he
said. “Now many fleets have costs as low as
they can go and they want to work on the revenue side.”
The nagging question for many industry
analysts is whether the economy will expand
enough to change the fundamental outlook
for trucking companies.
For Larkin, the answer depends the sector in
which you compete. Current weakness in
demand among LTL carriers, for instance, is a
reflection of lower production and sales of
high-value goods in the United States, he said.
Manufacturing “is flat on its back. Businessto-business capital spending is down and a lot
of production capacity has moved overseas
and to Mexico,” he said.
Demand for truckload freight hauling
is more dependent on retail sales, according to Larkin, who said he likes to track chain
store sales data and the volume of imports
as indicators of economic activity in this
sector.
Broughton said winners in the new economic environment will be companies with
good balance sheets, adequate infrastructure
and a qualified operational team. “Some
companies are so over-levered they will miss
the opportunity. It’s like seeing a bunch of
sailing ships. Some have bigger sails. Some
are more laden.”
Alphabetical Index
Company . . . . . . . . . . . . . . . . . . . . . Rank
A
AAA Cooper Transportation . . . . . . . . . . . . . . . . . . . . 43
A&M Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
ABF Freight System. . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Ace Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . 86
Active Transportation Co. . . . . . . . . . . . . . . . . . . . . . . 44
Advantage Tank Lines . . . . . . . . . . . . . . . . . . . . . . . . . 62
Advantage Transportation . . . . . . . . . . . . . . . . . . . . . . 56
Aero Bulk Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Air Land Forwarders . . . . . . . . . . . . . . . . . . . . . . . . . . 72
AirPro Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
Alaska Marine Lines . . . . . . . . . . . . . . . . . . . . . . . . . . 41
Alaska West Express. . . . . . . . . . . . . . . . . . . . . . . . . . 41
Allen’s Expedited. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Allen Freight Services . . . . . . . . . . . . . . . . . . . . . . . . . 63
Allied Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Allied Automotive Group
Allied Van Lines. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Allied Pickfords
Allied Special Products
Allied Arthur Pierre
American Eagle Lines . . . . . . . . . . . . . . . . . . . . . . . . . 46
Anderson Trucking Service . . . . . . . . . . . . . . . . . . . . . 54
ATS Inc.
ATS Logistics Services
ATS Maritime Services
ATS Specialized
Apex Logistics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Arkansas Best Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Arnold Transportation Services. . . . . . . . . . . . . . . . . . 83
Arpin Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
Arpin International Group
Arpin Logistics
Arpin Moving Systems
Arrow Trucking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92
Arrow Logistics
ATC Leasing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
Atlas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
Atlas World Group . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
Atlas Terminal Company
Atlas Van Lines
Atlas Van Lines Canada
Atlas Van Lines International
Automotive Carrier Systems . . . . . . . . . . . . . . . . . . . . 44
Averitt Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Averitt Express Supply Chain Solutions
Axis Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
The
RANK
2003
1
1
COMPANY
United Parcel Service
Atlanta
NYSE: UPS
Michael L. Eskew, Chairman & CEO
REVENUE
(000)
%
CHANGE
NET INCOME
(000)
%
CHANGE
EMPLOYEES
OWNEROPERATORS
$31,272,000
30,321,000
3.1
$3,182,000
2,399,000
32.0
360,000
330,000
N/A
N/A
9,995 tractors
69,470 trucks and vans
57,656 trailers
584 aircraft
22,500,000
20,607,000
9.0
830,000
710,000
17.0
219,000
213,000
N/A
N/A
More than 70,000
motorized vehicles
643 aircraft
EQUIPMENT
www.ups.com
2
2
FedEx Corp.1
Memphis, Tenn.
NYSE: FDX
Frederick W. Smith, Chairman,
President & CEO
Includes
OwnerOperators
www.fedex.com
3
3
Ryder System2
Miami
NYSE: R
Gregory T. Swienton, Chairman,
President & CEO
4,776,265
5,006,123
-4.6
93,666
18,678
400.0
27,800
29,536
N/A
N/A
48,800 tractors
62,200 trucks
44,800 trailers
5,600 vans
4,762,119
4,826,731
-1.3
93,561
(402,874)
N/A
26,200
26,100
N/A
N/A
6,471 tractors
20,263 trailers
3,383,000
3,326,000
1.7
N/A
N/A
N/A
19,842
19,562
N/A
N/A
60,000 tractors
74,000 trucks
51,000 trailers
3,010,776
2,791,748
7.8
38,924
30,837
26.0
26,700
26,100
N/A
N/A
10,800 tractors
166 trucks
34,600 trailers
2,627,000
2,388,000
10.0
N/A
N/A
N/A
13,613
19,349
3,041
2,933
10,572 tractors
44,822 trailers
2,700 containers
2,624,148
2,505,070
4.8
(93,902)
15,301
N/A
23,000
30,000
N/A
N/A
www.ryder.com
4
B
RANK
2002
2003
4
The Bekins Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84
Bekins Van Lines
Bekins Worldwide Solutions
Beneto Bulk Transport . . . . . . . . . . . . . . . . . . . . . . . . 62
Bridge Terminal Transport . . . . . . . . . . . . . . . . . . . . . 73
Brookville Carriers. . . . . . . . . . . . . . . . . . . . . . . . . . . . 81
Bulkmatic Transport Co. . . . . . . . . . . . . . . . . . . . . . . . 96
Bulkmatic de Mexico . . . . . . . . . . . . . . . . . . . . . . . .
Bulk Plus Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
CNF Inc.3
Palo Alto, Calif.
NYSE: CNF
Donald E. Moffitt, Chairman
Gregory L. Quesnel, President & CEO
www.cnf.com
C
Cabano Kingsway Transport . . . . . . . . . . . . . . . . . . . . 55
Cabano Kingsway Division Vrac
Canpar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Capital Casualty. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Cardinal Logistics Management . . . . . . . . . . . . . . . . . 79
Cardinal Freight Carriers
Carrier Industries . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Carry Transit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75
Cascade Carriers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72
Cassens Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . 78
CD&L Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90
Celadon Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
Celadon Canada
Celadon Trucking Service
Centra Worldwide . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74
Central Freight Lines . . . . . . . . . . . . . . . . . . . . . . . . . . 45
Central Refrigerated
Central Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75
Choctaw Express. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63
C/K Logistics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Clarke Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68
Clarke Contract Services
Clarke Logistics
Clarke Road Transport
Clarke Transport
Clipper. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Coastal Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Comcar Industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Comcar Logistics
Commercial Carrier Corp.
Commercial Truck & Trailer Sales
Commercial Warehousing
5
5
Penske Truck Leasing Corp.
Reading, Pa.
(Penske Corp./General Electric Co.)
Roger S. Penske, Chairman
Brian Hard, President
www.pensketruckleasing.com
6
7
Roadway Corp.
Akron, Ohio
Nasdaq: ROAD
Michael W. Wickham, Chairman
James D. Staley, President & CEO
www.roadwaycorp.com
7
9
Schneider National Inc.
Green Bay, Wis.
Donald J. Schneider, Chairman
Christopher Lofgren, President & CEO
Scott Arves, President, Transportation
www.schneider.com
8
6
Yellow Corp.4
Overland Park, Kan.
Nasdaq: YELL
William D. Zollars, Chairman,
President & CEO
www.yellowcorp.com
(Continued on p. 22)
All numbers for 2001 are printed in gray.
7,886 tractors
34,694 trailers
100
For-Hire
Carriers
OPERATING UNITS
(DESCRIPTION OF BUSINESS)
Package Operations (air and ground package delivery)
UPS Supply Chain Solutions
UPS Capital Corp. (equipment leasing, trade finance, freight payment and insurance)
UPS Logistics (transportation management, contract carriage, refrigerated intermodal, service parts distribution and repair,
returns management, assembly and distribution, vehicle routing, dispatch and tracking systems)
UPS Freight Services (air, ocean and ground freight forwarding, customs brokerage)
UPS Consulting (supply chain consulting)
UPS Mail Innovations (mailing services)
Mail Boxes Etc. (franchisor of retail shipping, postal and business services — domestic stores renamed The UPS Store in 2003)
UPS Professional Services (management consulting)
UPS Aviation Technologies (air traffic control products)
UPS TeleServices (call center)
UPS Air Cargo (air freight)
FedEx Express (air and ground express package and freight delivery)
FedEx Ground (business and residential ground package delivery)
FedEx Freight East, FedEx Freight West (regional and interregional LTL, includes American Freightways and Viking Freight)
FedEx Custom Critical (air and ground expedited)
FedEx Trade Networks (air and ocean freight forwarding, customs brokerage, trade and technology consulting)
FedEx Services (sales, marketing and information technology support)
FedEx Supply Chain Services (transportation management, order fulfillment and supply chain consulting)
Ryder Fleet Management Solutions (truck and trailer leasing, commercial truck rental, contract maintenance, emergency roadside
assistance, used truck sales)
Ryder Supply Chain Solutions (supply chain management, transportation management, border trade processing)
Ryder Dedicated Contract Carriage (transportation management, contract carriage)
Con-Way Transportation Services
Con-Way Central Express, Con-Way Western Express, Con-Way Southern Express (regional LTL in U.S.)
Con-Way Logistics (supply chain consulting and transportation management )
Con-Way NOW (air and ground expedited in U.S. and Canada)
Con-Way Air Express (air freight forwarding)
Menlo Worldwide
Menlo Worldwide Logistics (supply chain consulting, transportation management, contract carriage, returns management,
warehousing and distribution)
Menlo Worldwide Forwarding (air and ocean freight forwarding, customs brokerage, expedited)
Vector SCM (supply chain management — joint venture with General Motors Corp.)
Road Systems (trailer manufacturing)
Penske Truck Leasing (truck leasing, commerical and consumer truck rental, contract maintenance, used truck sales)
Penske Logistics (supply chain consulting, transportation management, contract carriage, warehousing, vehicle hauling)
Roadway Express (national LTL)
Roadway Next Day
New Penn Motor Express (regional LTL)
Reimer Express Lines (domestic and international LTL and TL in Canada)
Roadway Express S.A. de C.V. (national LTL in Mexico)
Integres Global Logistics (air freight forwarding - equity interest)
Schneider National Carriers, Schneider Transport (dry van TL, expedited, contract carriage, intermodal, freight brokerage)
Schneider National Bulk Carriers (liquid and chemical bulk, hazardous waste)
Schneider Specialized (glass hauling)
Schneider Financial Services (equipment leasing and financing, freight payment)
Schneider Logistics (supply chain consulting, transportation management, freight brokerage)
Yellow Transportation (national and international LTL)
Yellow Technologies (information and technology services)
Meridian IQ (transportation management and technology services, air and ocean freight forwarding, freight brokerage)
UPS, FedEx Maintain
Top Rankings in List
Of 100 Largest Lines
By Daniel P. Bearth
T
he 2003 edition of the TRANSPORT TOPICS 100 finds
some familiar names in familiar places. No. 1-ranked
United Parcel Service and No. 2 FedEx Corp. continue
to top the list of the largest for-hire carriers in the U.S. and
Canada, followed by equipment leasing and transportation
service provider Ryder System and CNF Inc., the parent of
Con-Way Transportation Services and Menlo Worldwide
Logistics, with Penske Truck Leasing Corp. rounding out the
top five in the same order as a year ago.
A closer look — and some recent headlines — show how
consolidation and increasing competition continue to reshape the nation’s top trucking companies.
Consolidated Freightways was the largest general freight
carrier in recent memory to go bankrupt and its $2.23 billion
annual revenue bolstered revenue of long-haul LTL competitors, including Roadway Corp. (No. 6), Yellow Corp. (No. 8)
and Arkansas Best Corp. (No. 16).
On July 8, Yellow and Roadway announced plans to merge
in an effort to create a $6 billion transportation company
focused on business-to-business freight shipments. That
would place Yellow-Roadway Corp. solidly in the No. 3
position on the TT 100 list, although still a distant threat to
the UPS and FedEx combination of package and freight
services.
J.B. Hunt Transport Services (No. 12) laid claim to being the
largest publicly owned truckload carrier, moving ahead of
Swift Transportation Co. (No. 13). Both companies still trail
privately owned Schneider National Inc., however, which
moved up from No. 9 to No. 7.
While revenue declined for nearly one-third of the companies on the TT 100 this year, many reported significantly higher profits as shrinking capacity enabled some carriers to raise
freight rates.
Truckload carriers, in particular, took a cautious approach to
fleet expansion in the wake of weak demand and uncertainty
about new low-emissions diesel engines mandated by the
Environmental Protection Agency.
Last year, the TRANSPORT TOPICS 100 featured the first-ever
ranking of private carriers in addition to the top for-hire carriers. The TT Private 100 will be presented this year in a special
supplement to be published July 28.
This presentation of the TT for-hire carriers 100 continues
with only slight modifications. One change is the addition of
information about the number of owner-operators in addition
to the number of employees for each company.
Not all companies utilize owner-operators as part of their
operations, but some, such as Landstar System, rely almost
exclusively on independent contractors.
Information for our ranking of top for-hire carriers came
from a variety of sources, including motor carrier annual
reports filed with the Department of Transportation and
annual reports to stockholders. In some cases, information
was obtained directly from company management or company-operated Web sites.
The TT 100 features several newcomers, including Arnold
Transportation Services and SCS Transportation, which were
spun off from Roadway and Yellow, respectively, in 2002.
Other companies making their first appearance on the list
include: The Koch Cos., a Minneapolis-based firm that provides specialized store delivery, along with warehousing and
equipment leasing services; vehicle hauler Jack Cooper Transport Co.; and regional less-than-truckload carrier Roadrunner
Freight Systems.
Some names, as usual, are missing because information
about their operations was not publicly available. Those
include: CenTra Inc., the Warren, Mich.-based parent of LTL
carrier Central Transport International; Annett Holdings of
Des Moines, Iowa, the parent of flatbed truckload carrier
TMC Transportation; R&L Carriers of Wilmington, Ohio,
which operates regional LTL carriers R&L Transfer, Gator
Freightways and Greenwood Motor Lines; and Transport
Industries LP of Dallas, a contract carrier that specializes in
food and groceries.
Gilbert Cos., a New Jersey-based group of trucking and distribution companies acquired by Dutch shipping giant P&O
Nedloyd, was removed from the list because company officials declined to break out information on North American
operations for 2002.
The TT 100
RANK
2003
RANK
2002
9
10
COMPANY
Exel (Americas)
Westerville, Ohio, and Hayward, Calif.
(Exel plc, London)
Mick Fountain, CEO Technology and
Global Freight Management
Bruce Edwards, CEO Consumer,
Retail and Healthcare
REVENUE
(000)
%
NET INCOME %
CHANGE
(000)
CHANGE
OWNEREMPLOYEES OPERATORS
EQUIPMENT
OPERATING UNITS
2,594,000
2,297,800
12.9
N/A
N/A
N/A
18,700
16,600
816
816
569 tractors
937 trucks
970 trailers
Exel (supply chain consulting and transportation management, intermodal, contract
carriage, refrigerated and dry van TL and LTL, service parts delivery, warehousing
and distribution, returns management, commercial and residential delivery, customs
brokerage, air and ocean freight forwarding)
2,251,000
2,221,000
1.8
33,300
50,000
-33.4
21,601
21,200
N/A
N/A
10,211 tractors
23,379 trailers
Carrier Group East
USF Holland, USF Red Star (regional LTL, includes assets of Plymouth Rock
Transportation acquired in April 2003)
USF Glen Moore (dry van TL)
Carrier Group West
USF Bestway, USF Dugan, USF Reddaway (regional LTL)
USF Logistics Services (supply chain consulting, transportation management,
warehousing, assembly and distribution, contract carriage, freight brokerage,
domestic ocean freight forwarding)
USF Processors (returns management)
2,200,000
2,249,300
-2.3
N/A
N/A
N/A
7,000
6,800
N/A
N/A
N/A
Allied Van Lines, northAmerican Van Lines, Global Van Lines (household goods,
commercial and industrial moving and storage)
Pickfords, Allied Pickfords, Allied Arthur Pierre, Hoults and Maison Huet
(household goods, commercial and industrial moving and storage in United Kingdom,
Europe, Australia, New Zealand and Asia, includes Scanvan acquired in June 2003)
Sirva Logistics (supply chain consulting and transportation management, high-value
products, trade show exhibits, assembly and distribution, warehousing, airfreight
forwarding, freight brokerage, customs brokerage, returns management)
Sirva Relocation (relocation-management support services)
TransGuard, National Association of Independent Truckers (insurance)
2,247,886
2,100,305
7.0
51,816
32,945
36.3
16,265
16,380
N/A
N/A
10,653 tractors
J.B. Hunt Intermodal (intermodal in U.S., Canada and Mexico)
26,087 trailers
J.B Hunt Transport Van OTR (dry van truckload)
19,672 containers J.B. Hunt Dedicated Contract Services (contract carriage)
J.B Hunt Professional Services (supply chain consulting)
Transplace Inc. (supply chain consulting and transportation management, 27%
ownership)
2,101,472
2,112,221
-0.5
59,588
27,221
119.0
20,400
19,500
3,152
3,048
16,091 tractors
48,233 trailers
1,608,200
1,671,000
-3.7
24,800
7,000
254.0
1,543
1,484
1,500
N/A
21,815 containers Pacer Global Logistics (intermodal, ocean freight forwarding, customs brokerage,
1,855 railcars
warehousing and distribution, freight consolidation, supply chain consulting,
transportation management and freight payment)
Pacer Transport (flatbed LTL and TL, vehicle transport, heavy specialized)
Pacer Cartage (intermodal drayage, regional LTL)
Pacer Stacktrain (rail intermodal)
1,506,600
1,392,771
8.2
49,221
42,794
15.0
1,224
N/A
7,024
7,220
8,072 tractors
14,719 trailers
Landstar Ranger, Landstar Inway, Landstar Ligon, Landstar Gemini (dry van and
flatbed TL, intermodal, heavy specialized)
Landstar Logistics, Landstar Express America (transportation management,
expedited, intermodal, freight brokerage)
Signature Insurance Co. (insurance, claims management)
1,422,297
1,526,206
-6.8
16,820
41,404
-59.0
12,216
11,000
N/A
N/A
4,055 tractors
78 trucks
20,193 trailers
ABF Freight System (national LTL)
Clipper (domestic freight forwarding)
FleetNet America (vehicle maintenance, emergency breakdown services)
Data-Tronics (computer information services)
1,341,456
1,270,519
5.6
61,627
47,744
29.0
11,802
11,217
1,020
1,135
8,200 tractors
20,880 trailers
Werner Enterprises (dry van, flatbed and refrigerated TL, expedited, equipment
truck sales)
ownership)
1,332,520
1,270,000
4.9
88,789
47,400
87.3
14,547
13,000
N/A
N/A
5,688 tractors
149 trucks
20,753 trailers
Overnite Transportation Co. (regional and interregional LTL, includes Motor Cargo
Industries acquired February 2002)
OMC Logistics (transportation management)
Overnite Special Services Division (dry van TL)
www.exel.com
10
8
USF Corp.
Chicago
Nasdaq: USFC
www.usfc.com
11
11
Sirva, Inc.
Westmont, Ill.
(Clayton, Dubilier & Rice)
Jim Rogers, Chairman
Brian P. Kelley, CEO
www.sirva.com
12
14
J.B Hunt Transport Services
Lowell, Ark
Nasdaq: JBHT
J.B. Hunt, Senior Chairman
Wayne Garrison, Chairman
Kirk Thompson, President & CEO
www.jbhunt.com
13
13
Swift Transportation
Phoenix
Nasdaq: SWFT
Jerry C. Moyes, Chairman,
President & CEO
Swift Transportation Co. (dry van and refrigerated TL, intermodal, includes assets of
Merit Distribution Services acquired July 2003)
ownership)
www.swifttrans.com
14
16
Pacer International
Concord, Calif.
Nasdaq: PACR
Donald C. Orris, Chairman,
President & CEO
www.pacer-international.com
15
18
Landstar System
Jacksonville, Fla.
Nasdaq: LSTR
Jeffrey C. Crowe, Chairman & CEO
Henry H. Gerkens, President & COO
www.landstar.com
16
17
Arkansas Best Corp.5
Fort Smith, Ark.
Nasdaq: ABFS
William A. Marquard, Chairman
Robert A. Young III, President
& CEO
www.arkbest.com
17
19
Werner Enterprises
Omaha, Neb.
Nasdaq: WERN
Clarence L. Werner, Chairman
& CEO
Gary L. Werner, Vice Chairman
Curtis G. Werner, Vice Chairman
Gregory L. Werner, President
& CEO
www.werner.com
18
20
Overnite Transportation Co.6
Richmond, Va.
NYSE: UNP (Union Pacific)
Leo H. Suggs, Chairman & CEO
www.overnite.com
For-Hire Carriers
RANK
2003
RANK
2002
19
22
COMPANY
New Bern Transport Corp.
Indianapolis
REVENUE
(000)
%
NET INCOME %
CHANGE
(000)
CHANGE
EQUIPMENT
OPERATING UNITS
1,044,779
974,749
7.2
88,054
41,016
115.0
11,404
11,676
N/A
N/A
5,631 tractors
2,392 trucks
7,244 trailers
New Bern Transport (beverage distribution, contract carriage)
1,014,808
1,122,785
-9.6
14,867
11,862
25.0
N/A
N/A
N/A
N/A
N/A
United Van Lines, Mayflower Transit (household goods, commercial and industrial
moving and storage, motor vehicle delivery, high-value products, trade show exhibits,
warehousing)
UniGroup Worldwide (international household goods moving)
Vanliner Group (insurance)
Total Transportation Services (equipment sales and rental, service parts, apparel)
Insite Logistics (supply chain consulting)
Transadvantage (commercial and industrial moving and storage)
952,791
896,826
6.2
N/A
N/A
N/A
8,264
8,536
2,035
1,853
3,485 tractors
180 trucks
12,858 trailers
Watkins Motor Lines (national LTL)
Watkins Fleet Services (transportation management)
Watkins Air Services (expedited freight)
Highway Transport (bulk liquid transport, transportation management, tank cleaning)
Sunco Carriers (refrigerated LTL and TL, includes Rocor International southeast division)
Land Span (dry van TL)
898,060
896,767
0.1
(7,526)
(39,496)
N/A
6,600
7,400
N/A
N/A
3,792 trucks
Allied Automotive Group (motor vehicle delivery)
Axis Group (transportation management)
862,345
798,032
8.1
2,200
(1,128)
N/A
8,007
7,287
N/A
N/A
5,318 tractors
13,440 trailers
U.S. Xpress (dry van TL, expedited, contract carriage)
Xpress Global Systems (floor covering, freight brokerage, air freight, previously
CSI /Crown, name changed January 2003)
Transplace (supply chain consulting and transportation management, 13%
ownership)
796,479
696,545
14.1
48,428
41,295
17.2
8,472
8,230
N/A
N/A
4,516 tractors
50 trucks
13,638 trailers
Estes Express Lines (regional and interregional LTL and TL)
Allen's Expedited (expedited)
Estes Leasing (truck leasing and commercial truck rental)
G.I. Trucking (regional LTL, equity interest)
775,436
771,582
0.5
(63,117)
771
N/A
7,500
N/A
N/A
N/A
3,471 tractors
10,036 trailers
Saia Motor Freight Line (regional LTL, expedited)
Jevic Transportation (regional LTL and TL)
725,000
653,148
11.0
N/A
N/A
N/A
5,000
4,382
N/A
N/A
5,400 tractors
13,000 trailers
Crete Carrier Corp. (dry van TL, contract carriage, includes operations of HTL
Truck Line)
Shaffer Trucking (refrigerated TL, contract carriage, includes operations of Sunflower
Carriers)
Hunt Transportation (flatbed TL, curtain van, heavy specialized)
Transportation Claim Inc. (insurance claims and employee benefits administration)
Capital Casualty (insurance)
725,000
637,000
13.8
N/A
N/A
N/A
4,500
4,270
N/A
N/A
N/A
Ruan Leasing (commercial truck leasing and rental, contract maintenance,
emergency roadside assistance, used truck sales)
Ruan Transportation (liquid and dry bulk, chemical tank, compressed gasses,
contract carriage)
Ruan Logistics (supply chain consulting, transportation management, freight
payment)
Ruan Certified Brokerage (freight brokerage)
689,000
686,000
0.4
N/A
N/A
N/A
6,000
5,825
N/A
N/A
912 tractors
3,159 trailers
TNT Logistics North America (supply chain consulting, transportation management
and technology services, contract carriage, warehousing, assembly and distribution,
returns management)
581,854
552,712
5.2
18,355
16,118
13.8
6,485
6,000
N/A
N/A
2,872 tractors
44 trucks
8,560 trailers
Averitt Express (regional and interregional LTL and TL, intermodal, contract carriage,
expedited, international, transportation management)
Averitt Express Supply Chain Solutions (supply chain management)
566,459
502,239
12.8
18,462
11,905
55.0
6,900
6,100
N/A
N/A
2,752 tractors
34 trucks
10,693 trailers
Old Dominion Domestic (regional and interregional LTL, assembly and distribution)
Old Dominion Expedited (air and ground expedited)
Old Dominion Global (air and ocean freight forwarding, package consolidation,
container drayage)
Old Dominion Technology (information services)
no web site
20
15
UniGroup Inc.
Fenton, Mo.
Gerry Stadler, Chairman
Richard H. McClure, President
& COO
www.unigroupinc.com
21
21
Watkins Associated Industries
Atlanta
John Watkins, Chairman & CEO
Michael Watkins, President
www.watkins.com
22
23
Allied Holdings
Decatur, Ga.
NYSE: AHI
Robert J. Rutland, Chairman
Hugh E. Sawyer, President & CEO
www.alliedholdings.com
23
25
U.S. Xpress Enterprises
Chattanooga, Tenn.
Nasdaq: XPRSA
Patrick E. Quinn, Co-Chairman,
President, Treasurer
Max L. Fuller, Co-Chairman, VP,
Interim COO
www.usxpress.com
24
26
Estes Express Lines
Richmond, Va.
Robey W. Estes Sr., Chairman
Robey W. Estes Jr., President
www.estes-express.com
25
N/A
SCS Transportation7
Kansas City, Mo.
Nasdaq: SCST
Herbert A. Truckess III, Chairman,
President & CEO
www.scstransportation.com
26
28
Crete Carrier Corp.
Lincoln, Neb.
Duane W. Acklie, Chairman
Tonn M. Ostergard, President
www.cretecarrier.com
27
29
Ruan Transportation Management
Services
Des Moines, Iowa
John Ruan III, Chairman
Michael Kandris, President
www.ruan.com
28
27
TNT Logistics North America
Jacksonville, Fla.
(TPG N.V., Amsterdam)
David G. Kulik, President & CEO
www.tntlogistics.com
29
31
Averitt Express
Cookeville, Tenn.
Gary D. Sasser, President & CEO
www.averittexpress.com
30
35
Old Dominion Freight Line
Thomasville, N.C.
Nasdaq: ODFL
Earl E. Congdon, Chairman & CEO
David S. Congdon, President & COO
www.odfl.com
The TT 100
RANK
2003
RANK
2002
31
32
COMPANY
Covenant Transport
Chattanoga, Tenn.
Nasdaq: CVTI
David R. Parker, Chairman,
President & CEO
REVENUE
(000)
%
NET INCOME %
CHANGE
(000)
CHANGE
EQUIPMENT
OPERATING UNITS
N/A
N/A
3,800 tractors
7,800 trailers
Covenant Transport (dry van and refrigerated TL)
Transplace (supply chain consulting and transportation management, 12% ownership)
684
718
3,182
N/A
2,817 tractors
1,664 trucks
4,142 trailers
Atlas Van Lines (household goods, commercial and industrial moving and storage,
high-value products, trade show exhibits, furniture and fixtures, freight forwarding)
Atlas Van Lines International (freight forwarding)
Atlas Terminal Co. (equipment truck sales)
Atlas Van Lines Canada (household goods)
0.9
701
575
375
314
2,809 tractors
4,332 trailers
Prime Inc. (refrigerated, dry van and flatbed TL, food-grade liquid bulk,
transportation management, contract carriage — includes assets of Rocor
International acquired in October 2002)
LHP Transportation Services (intermodal)
N/A
N/A
N/A
1,284
1,314
1,859
1,856
3,363 tractors
7,565 trailers
Quality Carriers (chemical tank, liquid bulk)
QualaSystems Inc. (tank cleaning)
Power Purchasing Inc.(insurance, fuel and equipment buying services)
TransPlastics (dry bulk, intermodal, warehousing and rail-to-truck transfer)
Quality Transload, Quality Terminals (intermodal liquid and dry bulk, warehousing
and packaging)
Levy Transport (Canadian chemical and petroleum tank, liquid bulk and glass)
2.1
26,155
19,005
37.6
5,964
6,025
306
206
2,651 tractors
7,620 trailers
Southeastern Freight Lines (regional LTL)
G & P Trucking (dry van TL)
483,000
470,000
2.7
N/A
N/A
N/A
3,400
6,500
1,000
N/A
2,000 tractors
7,500 trailers
Coastal Transport (flatbed TL)
Comcar Logistics (transportation management)
Commercial Carrier Corp. (refrigerated and dry van TL, liquid and dry bulk)
Commercial Warehousing (warehousing)
Commerical Truck & Trailer Sales (truck, trailer and part sales)
CTL Distribution (chemical tank and dry bulk)
MD Transport Systems (dry van TL)
Midwest Coast Transport (dry van TL, transportation management)
Super Cool Cold Storage (warehousing)
Willis Shaw Express (refrigerated TL)
467,014
447,237
4.4
N/A
N/A
N/A
2,441
2,272
1,715
1,833
2,812 tractors
4,117 trailers
CRST Van Expedited (dry van TL, expedited, contract carriage)
CRST Flatbed (flatbed TL)
CRST Logistics (transportation management, freight payment, warehousing, contract
carriage)
CRST Major Airport Express (airfreight)
453,000
429,389
5.4
N/A
N/A
N/A
3,600
2,658
350
200
2,000 tractors
6,000 trailers
National Freight (dry van TL, includes operations of Core Carriers acquired September
2002)
National Distribution Centers (warehousing and distribution)
NFI Interactive Logistics (supply chain consulting, transportation management,
contract carriage, order fulfillment, returns management)
NFI Real Estate (commercial and industrial real estate development and construction)
434,631
456,344
-4.7
8,329
9,781
-14.8
3,763
3,524
N/A
N/A
2,610 trucks
4,152 trailers
C.R. England Inc. (refrigerated and dry van TL, freight brokerage)
England Transportation Consulting (contract carriage, transportation management)
410,000
412,000
-0.4
N/A
N/A
N/A
4,219
5,374
1,265
N/A
2,576 tractors
5,891 trailers
Trimac Transportation System (chemical and petroleum tank, liquid and dry bulk, wood
chips, pressurized gasses, hazardous materials, tank cleaning, includes acquisition of
Ellsworth Motor Freight in December 2002)
Bulk Plus Logistics (supply chain consulting, transportation management, contract
carriage, freight brokerage, rail-to-truck bulk transfer and storage, inventory
management)
400,000
400,000
0.0
N/A
N/A
N/A
1,500
1,500
140
N/A
370 tractors
60 trucks
2,260 trailers
Lynden Transport (dry van, flatbed and refrigerated TL and LTL)
LTI Inc. (liquid and dry bulk)
Alaska West Express (chemical and petroleum tank, intermodal, dry bulk, flatbed TL,
heavy specialized)
Lynden Air Freight (air and ocean freight forwarding, customs brokerage)
Alaska Marine Lines (barge)
Lynden Air Cargo (cargo airline)
Lynden Logistics (transportation management, contract carriage)
396,212
343,258
15.4
N/A
N/A
N/A
4,800
4,072
N/A
N/A
2,500 tractors
6,000 trailers
New England Motor Freight (regional LTL in U.S. and Canada)
Eastern Freightways (dry van TL)
NEMF Today (expedited, same-day delivery, est. in 2002)
Apex Logistics (freight brokerage)
NEMF World Transport (ocean freight forwarding)
Carrier Industries (contract carriage, transportation management)
541,830
547,028
-1.0
8,274
(6,662)
N/A
6,063
6,115
537,000
588,000
-9.4
14,000
9,000
55.0
533,626
512,225
4.1
44,807
44,406
516,538
510,701
1.1
514,625
503,902
www.covenanttransport.com
32
30
Atlas World Group
Evansville, Ind.
Mike Shaffer, Chairman & CEO
Jim Stamm, President & COO
www.atlasvanlines.com
33
34
Prime Inc.8
Springfield, Mo.
Robert E. Low, President
www.primeinc.com
34
33
Quality Distribution Inc.
Tampa, Fla.
(Apollo Management L.P.)
Thomas L. Finkbiner, Chairman,
President & CEO
www.qualitydistribution.com
35
36
Southeastern Freight Lines
Columbia, S.C.
W.T. Cassels Jr., Chairman
W.T. Cassels III, President
www.sefl.com
36
37
Comcar Industries
Auburndale, Fla.
Guy Bostick, Chairman
Mark Bostick, President
www.comcar.com
37
39
CRST International
Cedar Rapids, Iowa
John M. Smith, President & CEO
David L. Rusch, President Carrier
Group
www.crst.com
38
40
NFI Industries
Vineland, N.J.
Bernard Brown, Chairman
Ike Brown, Vice Chairman
Jeff Brown, Vice Chairman
Sidney R. Brown, CEO
www.nfiindustries.com
39
38
C.R. England Inc.
Salt Lake City
William K. England, Chairman
Eugene K. England, President
Daniel England, CEO
www.crengland.com
40
41
Trimac Transportation System
Calgary, Alberta
Jeff J. McCaig, CEO
www.trimac.com
41
42
Lynden Inc.
Anchorage, Alaska
Paul Steere, Chairman
Jim Jansen, President & CEO
www.lynden.com
42
49
Shevell Group
Elizabeth, N.J.
Myron P. Shevell, Chairman & CEO
Jon L. Shevell, Vice-Chairman
John R. Karlberg, President & COO
www.nemf.com
For-Hire Carriers
RANK
2003
RANK
2002
43
44
COMPANY
AAA Cooper Transportation
Dothan, Ala.
G. Mack Dove, Chairman & CEO
Reid Dove, President & COO
REVENUE
(000)
%
NET INCOME %
CHANGE
(000)
CHANGE
EQUIPMENT
OPERATING UNITS
394,519
395,658
-0.2
9,893
9,985
-0.9
4,669
4,536
N/A
N/A
1,855 tractors
32 trucks
4,629 trailers
AAA Cooper Transportation (regional and interregional LTL)
388,581
328,727
18.2
N/A
N/A
N/A
2,047
1,580
928
808
N/A
N/A
Active Transportation Co., Automotive Carrier Systems (vehicle hauling)
Dallas & Mavis Specialized Carriers (flatbed, dry van and refrigerated TL, heavy
specialized, intermodal, freight brokerage, warehousing, airfreight forwarding)
ATC Leasing (equipment leasing, real estate, administrative services)
371,445
395,702
-6.1
8,542
(2,131)
N/A
3,859
4,569
N/A
N/A
2,059 tractors
43 trucks
8,324 trailers
Central Freight Lines (regional and interregional LTL)
Central Refrigerated (refrigerated TL, includes assets of Dick Simon Trucking
acquired in April 2002)
350,934
378,409
-7.2
3,176
(154)
N/A
2,582
2,825
N/A
N/A
2,100 tractors
3,300 trailers
FFE Transportation Services, American Eagle Lines (refrigerated LTL and TL)
Lisa Motor Lines, Middleton Transportation Co., Great Western Express
(refrigerated TL)
AirPro Holdings (airfreight)
342,727
471,682
-27.3
(10,479)
(35,271)
N/A
2,389
2,704
N/A
N/A
1,300 trucks
Velocity Express (same-day package delivery, transportation management,
warehousing and distribution, supply chain consulting)
340,745
294,617
15.6
42,807
37,656
13.7
2,518
1,812
N/A
N/A
2,327 tractors
4,196 trailers
Heartland Express, A&M Express (dry van TL, contract carriage)
Great Coastal Express (dry van TL)
336,999
351,818
4.2
1,709
(5,336)
N/A
2,975
2,553
512
N/A
2,056 tractors
6,758 trailers
Celadon Trucking Service (dry van TL, contract carriage)
Celadon Canada (Canadian dry van TL)
Jaguar (Mexican dry van TL)
Zipp Express (dry van TL, warehousing)
Truckers B2B (Internet buying cooperative)
335,000
362,539
-7.6
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
300 tractors
102 trucks
412 trailers
Graebel Van Lines, Graebel Movers (household goods, commercial and industrial
moving and storage)
Graebel Movers International (freight forwarding)
328,898
306,477
7.3
N/A
N/A
N/A
3,000
N/A
400
N/A
1,765 tractors
4,970 trailers
Interstate Distributor Co. (dry van and refrigerated TL, contract carriage, intermodal,
expedited, warehousing and distribution, freight brokerage and transportation
management)
325,080
297,822
9.1
N/A
N/A
N/A
3,050
2,912
N/A
N/A
2,155 tractors
4,875 trailers
Gainey Transportation Services, Super Service (dry van TL)
Aero Bulk Logistics (chemical and pneumatic tank, dry bulk)
Freight Brokers of America (freight brokerage)
Lester Coggins Trucking (refrigerated TL and LTL)
323,000
302,800
6.9
N/A
N/A
N/A
N/A
2,358
N/A
N/A
2,180 tractors
6,232 trailers
Contract Freighters Inc. (dry van TL, contract carriage)
CFI Logistica (transportation management in Mexico)
CFI de Mexico (sales and marketing, administrative services)
322,000
287,000
12.1
N/A
N/A
N/A
1,300
1,300
N/A
N/A
2,000 tractors
6,000 trailers
ATS Specialized (flatbed TL, heavy specialized)
ATS, Inc. (dry van TL)
ATS Logistics Services (freight brokerage and transportation management)
Intermodal Caribbean Express (barge)
ATS Maritime Services (barge)
Warren Transport (heavy specialized)
SunBelt Furniture Xpress (furniture transportation)
www.aaacooper.com
44
50
JHT Holdings
Kenosha, Wis.
Dennis Troha, Chairman & CEO
www.jhtholdings.com
45
43
Central Freight Lines
Waco, Texas
Robert V. Fasso, CEO
www.centralfreight.com
46
45
Frozen Food Express Industries
Dallas
Nasdaq: FFEX
Stoney M. Stubbs Jr., Chairman,
President & CEO
www.ffeinc.com
47
60
Velocity Express9
Minneapolis
Nasdaq: VEXP
Vincent A. Wasik, Chairman
Jeffry J. Parell, CEO & Director
www.velocityexp.com
48
55
Heartland Express
Coralville, Iowa
Nasdaq: HTLD
Russell A. Gerdin, Chairman,
President & CEO
www.heartlandexpress.com
49
48
Celadon Group10
Indianapolis
Nasdaq: CLDN
Steve Russell, Chairman & CEO
www.celadontrucking.com
50
47
Graebel Cos.
Aurora, Colo.
David W. Graebel, Chairman
Ben Graebel, President & CEO
www.graebel.com
51
51
Interstate Distributor Co.
Tacoma, Wash.
Gary R. McLean, President
www.intd.com
52
54
Gainey Corp.
Grand Rapids, Mich.
Harvey N. Gainey, President
www.gaineycorp.com
53
53
Contract Freighters Inc.
Joplin, Mo.
Glenn F. Brown, Chairman & CEO
Herbert Schmidt, President
www.cfi-us.com
54
57
Anderson Trucking Service
St. Cloud, Minn.
Rollie Anderson, President & CEO
www.ats-inc.com
The TT 100
RANK
2003
RANK
2002
55
58
COMPANY
TransForce Income Fund11
Saint-Laurent, Quebec
TSE: TFI
Alain Bedard, Chairman, President
& CEO
REVENUE
(000)
%
NET INCOME %
CHANGE
(000)
CHANGE
307,205
282,019
8.9
12,059
11,071
8.9
5,375
3,170
302,000
292,996
3.1
N/A
N/A
N/A
310
306
301,352
302,828
0.5
6,700
2,702
148
293,100
282,764
3.6
5,970
6,514
285,790
250,818
13.9
273,773
252,411
EQUIPMENT
583
N/A
2,972 tractors
5,904 trailers
Cabano Kingsway Transport, TST Overland Express, Daily Transport, Select
Transport (national LTL in Canada and U.S.)
Transport J.C. Germain, Papineu International, Besner, Mirald, TST Truckload
Express (dry van TL in Canada and U.S.)
Specialized Transport Group
Mondor, Mondor International, Transless (flatbed TL, curtain van)
Raynald April, Cabano Kingsway Division Vrac, Forestville, Lebon, Retex
(liquid and dry bulk, chemical and petroleum tank, dump)
McGill Air (refrigerated airfreight)
Nordique (explosives)
TST Expedited Services (expedited)
Logistics and Warehousing Group
TST Automotive Services, Saint Lambert (warehousing, inventory management,
crossborder LTL and TL)
C/K Logistics, Trans4Logistics, TST Load Brokerage Services (transportation
management, freight brokerage, intermodal)
Mirabel Leasing (equipment leasing and rental)
Canpar (ground package delivery in Canada, acquired July 2002)
2,100
N/A
2,100 tractors
6,600 trailers
Dart Transit Co. (dry van TL, contract carriage)
Dart Intermodal (intermodal)
Advantage Transportation Inc. (freight brokerage)
Dart Advantage Warehousing (warehousing)
3,000
2,700
N/A
N/A
853 tractors
65 trucks
2,878 trailers
Vitran Express (regional and interregional LTL in U.S. and Canada)
Frontier Transport Corp. (dry van and refrigerated TL in U.S.)
Vitran Logistics (transportation management, warehousing, consolidation and
distribution, freight brokerage, intermodal)
Virtan Express Canada (regional LTL in Canada)
-8.4
1,936
1,884
N/A
N/A
2,078 tractors
2,676 trailers
Marten Transport (refrigerated TL)
27,935
19,017
23.1
2,528
2,432
209
200
2,125 tractors
5,441 trailers
Knight Transportation (dry van TL)
Knight Management Services (transportation consulting)
Knight Dedicated Services (contract carriage)
Concentrek Inc. (supply chain consulting, 17% ownership)
Knight Flight Services (aircraft leasing, 19% ownership)
8.5
2,602
1,078
141.4
2,400
2,373
N/A
N/A
1,867 tractors
4,279 trailers
USA Truck (dry van TL)
USA Logistics (contract carriage, transportation management)
273,227
274,589
0.4
(204)
4,673
N/A
1,618
2,350
N/A
N/A
1,900 tractors
5,595 trailers
Transport America (dry van TL)
Transport America Dedicated (contract TL)
TA Logistics (transportation management, freight brokerage)
ECShipping (technology consultation / EDI)
269,228
254,840
5.6
N/A
N/A
N/A
3,000
2,576
N/A
N/A
1,703 tractors
2,175 trailers
Kenan Transport, Petro-Chemical Transport, Advantage Tank Lines, McDaniel
Transportation, North Canton Transfer, Geni Transport (petroleum tank)
Beneto Bulk Transport (petroleum and chemical tank — acquired in June 2003)
Klemm Tank Lines (petroleum and chemical tank — acquired in July 2003)
KAG Logistics (transportation management —- established in 2003)
264,012
225,794
17.0
16,593
10,071
65.0
2,538
2,424
130
N/A
1,781 tractors
3,973 trailers
P.A.M. Transport / Dedicated, Allen Freight Services, Choctaw Express, Decker
Transport (dry van TL, contract carriage)
Trancend Logistics (transportation management)
258,393
239,000
8.1
20,353
17,939
13.5
1,650
1,850
N/A
N/A
1,165 tractors
1,892 trailers
Stevens Transport (refrigerated TL, intermodal, transportation management)
253,000
376,933
-32.8
N/A
N/A
N/A
965
N/A
640
N/A
895 tractors
2,893 trailers
Priority Transportation (dry van TL)
KAT Inc., R&M Trucking (refrigerated TL)
Land Transportation (intermodal, dry van and refrigerated TL, freight brokerage)
www.transforce.ca
56
56
Dart Transit Co.
Eagan, Minn.
Donald G. Oren, President
OPERATING UNITS
www.dartadvantage.com
57
52
Vitran Corp.
Toronto
AMEX: VVN
Richard D. McGraw, Chairman
Rick E. Gaetz, President & CEO
www.vitran.com
58
59
Marten Transport
Mondovi, Wis.
Nasdaq: MRTN
Randolph L. Marten, Chairman
& President
www.marten.com
59
64
Knight Transportation12
Phoenix
Nasdaq: KNGT
Kevin P. Knight, Chairman & CEO
Gary J. Knight, President
www.knighttrans.com
60
62
USA Truck
Van Buren, Ark.
Nasdaq: USAK
Robert M. Powell, Chairman & CEO
Jerry D. Orler, President
www.usa-truck.com
61
63
Transport Corp. of America
Eagan, Minn.
Nasdaq: TCAM
Michael J. Paxton, President & CEO
www.transportamerica.com
62
61
Kenan Advantage Group
Canton, Ohio, and Chapel Hill, N.C.
Lee P. Shaffer, Chairman
Dennis A. Nash, President & CEO
www.thekag.com
63
69
P.A.M. Transportation Services
Tontitown, Ark.
Nasdaq: PTSI
Robert W. Weaver, President & CEO
www.pamt.com
64
65
Stevens Transport
Dallas
Steven L. Aaron, Chairman,
President & CEO
www.stevenstransport.com
65
46
Transit Group
Groveland, Fla.
Jim Salmon, President & CEO
www.trgp.com
For-Hire Carriers
RANK
2003
RANK
2002
66
68
COMPANY
United Road Services13
Romulus, Mich.
OTCBB: URSI
Michael G. Psaros, Chairman
Michael A. Wysocki, CEO
REVENUE
(000)
%
NET INCOME %
CHANGE
(000)
CHANGE
EQUIPMENT
OPERATING UNITS
248,695
226,529
9.7
(84,652)
(13,659)
N/A
1,726
1,708
N/A
N/A
641 tow trucks
717 vehicle
transporters
United Road Services (vehicle and heavy equipment hauling and towing, includes
Auction Transport acquired January 2002)
246,871
233,000
5.9
N/A
N/A
N/A
1,704
1,800
206
N/A
1,586 tractors
2,554 trailers
KLLM Inc. (refrigerated and dry van TL, contract carriage, includes operations of
Vernon Sawyer Inc.)
238,800
193,154
23.6
4,200
4,184
0.3
1,500
1,500
N/A
N/A
226 tractors
8 trucks
623 trailers
Clarke Transport (Canada intermodal, dry van TL and LTL)
Concord Transportation (U.S. and Canada expedited)
Clarke Logistics (transportation management, consolidation and distribution,
includes operations of Focus Carriers, Brandywine Consolidators, Kenley Trucking,
and Creative Logistics)
Clarke Road Transport (U.S. and Canada dry van TL)
Clarke Contract Services (contract carriage)
235,495
249,414
-5.6
(16,300)
2,025
N/A
3,200
3,000
3,400
N/A
N/A
N/A
Dynamex Inc. (same-day package delivery, bio-transportation, facilities management
contract carriage, inventory management)
226,072
227,500
-0.6
21,616
19,882
8.0
1,618
1,551
N/A
N/A
N/A
Forward Air Corp. (air cargo, dry van TL and LTL, includes Expedited Delivery
Services)
220,000
165,000
33.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
461 tractors
351 trucks
688 trailers
Paul Arpin Van Lines, Arpin International Group (household goods)
Arpin Moving Systems (household goods in Canada)
Arpin Logistics (trade show exhibits, high-value products)
Fine Arts Express (high-security moving services)
219,782
214,994
22.0
11,775
19,435
39.0
2,200
1,948
N/A
N/A
1,250 tractors
120 trucks
2,750 trailers
Mullen Trucking (dry van and flatbed TL, heavy specialized in U.S. and Canada)
Cascade Carriers (dry bulk in Canada)
Grimshaw Trucking (regional LTL in Canada)
Mill Creek Equipment, Mill Creek Motor Freight (dry van TL and LTL in U.S.,
Canada and Mexico)
Oilfield Services Segment (oil and gas rigging and hauling, includes acquisition of
seven oilfield services businesses in 2002)
2,025
1,979
2,025 tractors
Bridge Terminal Transport, Pacific Rim Transport (intermodal)
www.unitedroad.com
67
66
KLLM Transport Services
Richland, Miss.
Jack Liles, President & CEO
www.kllm.com
68
74
Clarke Inc.14
Etobicoke, Ontario
TSE: CKI
Hugh Kelly Smith, Chairman
George Armoyan, President & CEO
www.clarkelink.com
69
80
Dynamex Inc.15
Dallas
AMEX: DDN
Richard K. McClelland, Chairman,
President & CEO
www.dynamex.com
70
67
Forward Air Corp.
Greeneville, Tenn.
Nasdaq: FWRD
Scott M. Niswonger, Chairman & CEO
Bruce A. Campbell, President & COO
www.forwardair.com
71
84
Arpin Group
East Greenwich, R.I.
Paul Arpin, Chairman & CEO
David Arpin, President
www.arpin.com
72
70
Mullen Transportation
Aldersyde, Alberta
TSE: MTL
Murray K. Mullen, Chairman,
President & CEO
Includes
OwnerOperators
www.mullen-trans.com
73
73
Bridge Terminal Transport
Charlotte, N.C.
(Maersk Inc.)
Clark E. Brown, President
216,000
197,900
9.6
N/A
N/A
N/A
310
300
200,000
200,000
0.0
N/A
N/A
N/A
1,200
N/A
N/A
N/A
256 tractors
188 trucks
423 trailers
Suddath Relocation Systems (household goods, military, commercial and industrial
moving and storage, temporary lodging)
Suddath International (international relocation)
Lexicon Relocation (relocation-management support services)
Suddath Transportation Services (freight brokerage, trade show exhibits, store
fixtures, high-value products)
Centra Worldwide (air and ocean freight forwarding, warehousing and distribution,
aerospace electronics and horticulture transport, order fulfillment, product testing,
returns management, call center, packaging and assembly, billing and collections,
warranty and repair services)
Suddath Logistics Services (warehousing and distribution, inventory management,
asset management, transportation management)
197,000
187,706
4.9
N/A
N/A
N/A
1,700
1,295
N/A
N/A
1,322 tractors
2,251 trailers
Superior Carriers, Central Transport, Carry Transit (liquid and dry bulk, tank cleaning)
Super Flo Inc. (rail transfer and storage)
Milestone (intermodal bulk container maintenance)
N/A
N/A
577 tractors
355 trucks
1,470 trailers
Pitt Ohio Express (regional LTL)
Keystone Dedicated Logistics (warehousing and distribution, intermodal, assembly
and consolidation)
1,227
N/A
1,227 tractors
1,227 trailers
Mercer Transportation (flatbed, dry van TL)
www.bttinc.com
74
72
Suddath Cos.
Jacksonville, Fla.
Barry S. Vaughn, President & CEO
www.suddath.com
75
77
Superior Bulk Logistics
Oak Brook, Ill.
Richard T. Lewis, Chairman & CEO
Includes
OwnerOperators
www.superiorbulklogistics.com
76
76
Pitt Ohio Express
Pittsburgh
Charles L. Hamel III, President
192,938
189,548
1.7
14,596
10,935
33.4
2,300
2,099
191,480
200,455
-2.3
8,866
11,136
-20.4
212
225
www.pittohio.com
77
71
Mercer Transportation
Louisville, Ky.
William G. Howard, Chairman
James L. Stone, President
www.mercer-trans.com
The TT 100
RANK
2003
RANK
2002
78
78
COMPANY
Cassens Transport
Edwardsville, Ill.
Albert Cassens, Chairman
Richard Suhre, President & CEO
REVENUE
(000)
%
NET INCOME %
CHANGE
(000)
CHANGE
EQUIPMENT
OPERATING UNITS
183,302
187,634
-2.1
4,197
7,652
-45.2
1,185
1,258
N/A
N/A
1,301 tractors
1,424 trailers
Cassens Transport Co. (vehicle hauling)
181,357
149,154
21.5
3,987
(6,986)
N/A
1,218
1,050
N/A
N/A
934 tractors
173 trucks
2,142 trailers
Cardinal Freight Carriers (contract carriage, commercial and residential delivery,
transportation management, supply chain consulting)
181,200
194,300
-6.7
N/A
N/A
N/A
700
720
1,300
1,545
1,319 tractors
3,300 trailers
Paschall Truck Lines (dry van TL)
177,276
166,411
6.5
11,216
8,943
25.4
1,268
663
740
744
1,043 tractors
1,729 trailers
600 buses
Laidlaw Carriers (chemical tank, liquid and dry bulk, flatbed and dry van TL,
hazardous materials, includes assets of Quinn Bros. Corp. acquired in 2002)
Brookville Carriers (flatbed and dry van TL)
Fillion Transport (flatbed TL)
Glen Tay Transportation (liquid and dry bulk, pneumatic tank)
Tri-Line Freight Systems (dry van TL)
Northstar Passenger Services, Edutran Transportation (school bus operations,
includes assets of Ludlow Bus Lines acquired in 2002)
176,826
170,889
3.5
3,362
5,249
36.0
N/A
N/A
N/A
N/A
1,611 tractors
1,006 trucks
2,354 trailers
Globe Transport (dry van TL, beverage delivery)
172,000
171,594
0.2
N/A
N/A
N/A
1,700
N/A
500
N/A
1,300 tractors
4,200 trailers
Arnold Transportation (dry van TL)
171,000
176,000
-2.8
839
(11800)
N/A
1,490
1,535
290
357
1,088 tractors
660 trucks
1,946 trailers
Bekins Worldwide Solutions (high-value product distribution, home delivery, trade
show exhibits, warehousing)
Bekins Van Lines (household goods, commercial and industrial moving and storage)
169,468
190,826
-11.0
(8,678)
(5,211)
N/A
1,515
1,029
N/A
N/A
1,294 tractors
2,414 trailers
Smithway Motor Xpress Corp., East West Motor Express (flatbed and dry van TL,
includes Skipper Transportation)
New Horizons Leasing (equipment leasing)
169,243
180,842
-6.4
9,018
17,118
-47.3
2,190
2,214
N/A
N/A
1,034 tractors
687 trucks
1,235 trailers
Ace Transportation, Dynasty Transportation, Lesco Transportation, Lesco Trucking Co.
(flatbed TL, heavy specialized, freight brokerage)
168,700
159,732
5.6
4,681
3,415
37.0
1,721
1,610
N/A
N/A
1,394 tractors
6 trucks
2,694 trailers
Roehl Transport (flatbed and dry van TL, heavy specialized, dry bulk)
166,000
165,000
0.6
N/A
N/A
N/A
1,000
1,000
1,200
N/A
1,500 tractors
Roadlink USA Pacific, Roadlink USA South, Eastern /GPS, Kellaway, Whitacre,
F-A-R, Atlas (intermodal and regional TL)
165,000
151,000
9.2
N/A
N/A
N/A
1,760
1,935
N/A
N/A
630 tractors
2,510 trailers
G.I. Trucking (regional LTL)
157,232
160,544
-2.1
285
(6,269)
N/A
3,655
1,940
N/A
N/A
600 trucks and
vans
CD&L Inc. (same-day and deferred air and ground package delivery, contract
carriage, facilities management)
www.cassens.com
79
93
Cardinal Logistics Management
Concord, N.C.
Vin McLoughlin, Chairman
Tom Hostettler, CEO
Jerry Bowman, President & COO
www.cardlog.com
80
92
Paschall Truck Lines16
Murray, Ky.
Chuck Wilson, CEO
Randall A. Waller, President
www.ptl-inc.com
81
83
Contrans Corp.
Woodstock, Ontario
TSE: CSS.UN
Stan G. Dunford, Chairman & CEO
Gregory W. Rumble, President
& COO
www.contrans.ca
82
82
Globe Transport
Fort Wayne, Ind.
Greg Whitacre, President
no web site
83
N/A
Arnold Transportation Services
Jacksonville, Fla.
Michael Walters, President & CEO
www.arnoldtransportation.com
84
81
The Bekins Co.
Hillside, Ill.
George Gilbert, Chairman
Larry Marzullo, CEO
www.bekins.com
85
75
Smithway Motor Xpress Corp.
Fort Dodge, Iowa
Nasdaq: SMXC
William G. Smith, Chairman,
President & CEO
www.smxc.com
86
79
Ace Transportation
Broussard, La.
James H. Glasgow, Co-owner
Bill A. Busbice Jr., Co-owner
www.acetrans.com
87
89
Roehl Transport
Marshfield, Wis.
Everett Roehl, Chairman & CEO
Richard Roehl, President
www.roehltransport.com
88
85
RoadLink USA
Jacksonville, Fla.
John R. Oren, Chairman
Ronald T. Sorrow, President & CEO
www.roadlinkusa.com
89
91
G.I. Trucking
Brea, Calif.
William T. Reid, President
www.gi-trucking.com
90
88
CD&L Inc.
South Hackensack, N.J.
AMEX: CDV
Albert W. Van Ness Jr., Chairman
& CEO
William T. Brannan, President
& COO
www.cdl.net
For-Hire Carriers
RANK
2003
RANK
2002
91
94
REVENUE
(000)
COMPANY
Epes Carriers
Greensboro, N.C.
A.M. Bodford, Owner & CEO
Bill Fobert, President & COO
%
NET INCOME %
CHANGE
(000)
CHANGE
156,000
143,000
9.0
N/A
N/A
N/A
950
881
350
N/A
1,000 tractors
20 trucks
2,300 trailers
Epes Transport System (dry van TL, contract carriage, includes assets of Lakeway
Trucking acquired June 2002)
Texas Star Express (regional dry van TL)
Epes Logisitcs Services
Epes Express (expedited, includes operations of Southern Freight Express
acquired July 2002)
Epes Freight Management (logistics consulting, transportation management,
freight brokerage, freight payment)
150,000
158,543
-5.3
N/A
1,001
N/A
1,600
1,601
N/A
N/A
1,600 tractors
2,800 trailers
Arrow Trucking (flatbed, dry van TL and LTL, heavy specialized)
Arrow Logistics (contract carriage, freight brokerage, warehousing)
148,484
132,691
11.9
N/A
N/A
N/A
510
400
N/A
N/A
748 tractors
912 trailers
Dawes Transport (expedited LTL and TL)
Phantom Express (regional LTL)
140,000
132,318
5.8
N/A
N/A
N/A
N/A
1,213
119
123
857 tractors
2,621 trailers
Gordon Trucking (dry van and refrigerated TL, heavy specialized, contract carriage)
Gordon Logistics Management (freight brokerage, transportation management)
138,681
127,251
8.6
N/A
N/A
N/A
913
N/A
518
N/A
1,228 tractors
1,964 trailers
PFT Roberson (flatbed TL)
CX Roberson (dry van TL)
World Wide Logistics Solutions (supply chain consulting, transportation
management, warehousing, freight brokerage, contract carriage)
133,170
133,224
0.0
84
93
9.7
1,066
1,112
N/A
N/A
684 tractors
1,557 trailers
30 containers
Bulkmatic Transport Co. (liquid and dry bulk, intermodal)
Bulkmatic de Mexico (liquid and dry bulk in Mexico)
132,000
161,842
-18.4
N/A
N/A
N/A
455
N/A
N/A
1,030 tractors
1,550 trailers
Schanno Transportation, Hirschbach Motor Lines (refrigerated TL)
Green Field Transport (dry van TL)
Van-Pak Inc. (refrigerated TL and LTL)
129,000
137,539
-6.2
N/A
N/A
N/A
738
977
N/A
N/A
793 tractors
607 trucks
4,150 trailers
Koch Trucking (dry van TL, retail store delivery)
Koch Logistics (transportation management, assembly and distribution, order
fulfillment, airfreight forwarding)
Koch Twin Ports (dry van and flatbed TL)
GW Transportation Services (heavy specialized, freight brokerage)
Distribution Centers of Minnesota (warehousing)
United Trailer Leasing (trailer leasing and rental)
Koch NationaLease (truck leasing and rental, contract maintenance)
128,268
115,333
11.2
(3,200)
(2,612)
N/A
919
N/A
N/A
N/A
642 tractors
682 trailers
Jack Cooper Transportation Co., Pacific Motor Transport Co. (vehicle hauling)
127,923
116,921
9.4
4,256
3,630
17.2
392
390
150
N/A
181 tractors
410 trailers
Roadrunner Freight Systems (regional LTL)
www.epescarriers.com
92
90
Arrow Trucking Co.
Tulsa, Okla.
Doug Pielsticker, President
OPERATING UNITS
EQUIPMENT
www.arrowtrucking.com
93
97
Dawes Transport
Milwaukee
Alan McBride, President & CEO
www.dawestransport.com
94
98
Gordon Trucking
Pacific, Wash.
Larry Gordon, President & CEO
Steve Gordon, COO
www.gordontrucking.com
95
100
Roberson Transportation Cos.
Mahomet, Ill.
Roger T. Roberson, Chairman
Brian P. Griffin, President & CEO
www.robersontrans.com
96
95
Bulkmatic Transport Co.
Griffith, Ind.
Butch Bingham, President
www.bulkmatic.com
97
87
GROJEAN
Grojean Transportation
Eagan, Minn.
Thomas F. Grojean Sr., Chairman
Thomas F. Grojean Jr., CEO
William M. Grojean, President
www.grojean.com
98
N/A
The Koch Cos.
Minneapolis
Randy Koch, President
www.kochcompanies.com
99
N/A
Jack Cooper Transport Co.
Kansas City, Mo.
Thom R. Cooper Jr., Chairman
Rudy Cleveland, President
www.jackcooper.com
100
N/A
Roadrunner Freight Systems
Cudahy, Wis.
William Troyk, President & CEO
www.rdfs.com
Footnotes
1. FedEx Corp. results are for fiscal years
ended May 31, 2003, and May 31, 2002.
2. Ryder System net income includes restructuring charges of $2 million in 2002 and $81 million in 2001. Net income also includes after-tax
charge of $19 million for change in method of
accounting for goodwill in 2002 and $12 million
in 2001.
3. CNF Inc. 2002 net income includes $12.4
million loss from discontinued operations vs. a
$39 million gain from discontinued operations in
2001. Net loss in 2001 also included $652.2 million restructuring charge, $4.7 million loss from
a legal settlement on returned aircraft, $55.8
million cost of grounded aircraft, $10.2 million
charge for changes in method of accounting for
goodwill and $47.5 million loss from failure of a
customer of Menlo Logistics. Equipment is for
Con-Way Transportation Services only.
4. Yellow Corp. 2002 net income included
$117.9 million loss from discontinued operations, including impairment of goodwill
and costs associated with the spin-off of SCS
Transportation.
5. Arkansas Best Corp. 2002 net income
includes non-cash charge of $23.9 million for
write-off of Clipper goodwill.
6. Overnite Transportation 2002 net income
includes $33.7 million gain on tax adjustment.
7. SCS Transportation 2002 net loss includes
non-cash charge of $75.2 million for change
in method of accounting for goodwill at Jevic
Transportation.
8. Prime Inc. results are for fiscal years
ended March 28, 2003, and March 29, 2002.
9. Velocity Express results are for fiscal
years ended June 29, 2002, and June 30,
2001.
10. Celadon Group results are for fiscal
years ended June 30, 2002, and June 30,
2001. Net income in 2001 includes $3.7 million loss on sale of flatbed division. Celadon
Group had revenue of $275.1 million in the
nine months ended March 31, 2003, vs. $241
million in the prior year; net income was
$2.4 million vs. $618,000.
11. TransForce Income Fund results are
for 35 weeks e nde d De c . 3 1 , 2 0 0 3 , a nd
December 31, 2002.
12. Knight Transportation 2001 net income
includes $5.7 million pre-tax write-off related
to minority investment in Terion Inc.
lion for change in method of accounting for
goodwill. Dynamex had revenue of $183.2 million in the nine months ended April 30, 2003,
vs. $175.8 million in 2002; net income was $5.4
million vs. a net loss of $17.5 million.
16. Paschall Truck Lines revenue was restated from $150.7 million in 2001.
( ) Indicates losses
13. United Road Services 2002 net loss includes
$28.6 million charge for write-off of goodwill.
14. Clarke Inc results are for fiscal
years ended March 31, 2003, and March 31, 2002.
15. Dynamex Inc. results are for fiscal years
ended July 31, 2002, and July 31, 2002. Net
income includes non-cash charge of $19.3 mil-
NOTE: Revenue and net income for all Canadian companies is shown in U.S. dollars at the
rate of exchange as of Dec. 31, 2002.
KEY: NYSE: New York Stock Exchange;
Nasdaq: Nasdaq Stock Market; AMEX: American Stock Exchange; OTCBB: Over-theCounter Bulletin Board; TSE: Toronto Stock
Exchange
18 —2003 TRANSPORT TOPICS 100
The TT 100
Sector Analysis:
Bottom Line Improves for Many For-Hire Carriers
Tank carriers likewise reported weak revenue growth — only 1.4% in 2002 — and took
a hit on the bottom line with net income for
three out of six carriers plunging 21.3% to
$3.3 million in 2002 from $4.1 million in 2001.
espite modest revenue growth — or
The average operating ratio did improve
perhaps because of it — many forslightly to 96.4 from 96.7 and the average
hire carriers managed to improve the
profit margin was 1.3% compared to 1.2%.
bottom line in 2002.
Groendyke Transport was the bright spot in
Truckload carriers scored the biggest profit
the tank sector. The Oklahoma-based carrier
gains overall, although individual carriers did
earned $3.2 million in 2002 compared to
well in nearly every sector, according to an
$900,000 in 2001, although revenue
analysis of financial and operating
fell by 2.8%.
results for the nation’s 100 largest
Household goods carriers saw net
for-hire carriers.
income plunge with a group of three
Overall, revenue grew 5% to $73.6
100 Largest For-Hire Carriers
Excluding Package/Courier Sector
carriers earning 28.6% less in 2002
billion in 2002 from $70.1 billion in
than the previous year. Revenue for
2001 for the composite group of 100
HHG SPEC VEH TANK
the sector was $1.9 billion in 2002
carriers. Excluding the package and
Package/Courier
REF 4% 4% 3% 3%
All Other Carriers
compared to $1.57 billion, but nearly
courier sector that is dominated by
33%
4%
67%
CON
all the increase was due to a change
United Parcel Service, revenue for
$24.3 billion
7%
in the method of reporting revenue
the remaining 95 carriers climbed
$49.3 billion
by United Van Lines and Mayflower
6.4% to $49.3 billion in 2002 from
Transit. The average operating ratio
$46.3 billion in 2001.
LTL
rose to 97.9 from 96.9.
Financial results for individual car41%
Vehicle carriers followed up a
riers were obtained from annual
TL
34%
miserable year in 2001 with equally
reports filed with the Department of
Total $73.59 Billion
Total $49.29 Billion
dire results in 2002. A group of
Transportation. Out of 69 carriers
CON = Contract HHG = Household Goods LTL = Less-Than-Truckload
three carriers posted consolidated
that reported net income for both
SPEC = Specialized REF = Refrigerated TL = Truckload TANK = Tank Truck VEH = Vehicle
net loss of $97.7 million in 2002
2002 and 2001, net income
compared to losses of $16.8 million
increased 13.5% to $1.6 billion in
in 2001. Revenue for the sector
2002 from $1.45 billion in 2001.
rose a bit to $1.54 billion from
Excluding the package and courier
Best
Operating
Ratios
Best
Net
Profit
Margins
Best Revenue Growth
$1.49 billion. The average operatsector, once again, bottom-line profing ratio was 104.9 vs. 106.8.
its for the remaining 65 carriers rose
1. Heartland Express
81.7
12.5%
1. UPS Logistics Group
38.8%
Net income for four carriers in
16.1% to $956 million from $823.2
the
package/courier sector rose
million.
2.
Crete
Carrier
Corp.
10.8*
2. Knight Transportation
85.3
2. Cassens Transport Co.
27.9
3.8% to $653 million in 2002 from
Contract carrier Penske Logistics
$629 million in 2001. Revenue
and specialized beverage carrier
9.9
3. FedEx Ground
85.5
3. FedEx Ground
25.8
climbed 4.7% to $24.3 billion from
New Bern Transport each posted
4. Forward Air
9.5
$23.78 billion. The average operatsizeable profit gains. Penske boost3. Forward Air
85.5
4. Cardinal Logistics Mgmt.
21.6
ing ratio was 90.4 in 2002 compared
ed net income 61% on revenue that
5. Penske Logistics
9.4
to 90.2 in 2001.
was essentially flat in 2002 com4. P.A.M. Transport
88.7
5. Overnite Transportation Co. 19.7
United Parcel Service, the
pared to 2001, while New Bern
6. New Bern Transport
8.4
nation’s
largest transportation commore than doubled its profits on a
5. New Penn Motor Express
88.6
6. Crete Carrier Corp.
18.0
pany, posted a 1.5% gain in net
7.2% increase in revenue.
7. Prime Inc.
8.3*
income while revenue fell by 0.2%.
Breaking down performance by
6. USF Reddaway
89.2
7. P.A.M. Transport
16.9
Overall, In terms of market share,
sector, 23 out of 32 less-than-truck8. Stevens Transport
7.8*
package carriers and couriers
load carriers reported consolidated
7. Crete Carrier Corp.
90.4
15.6
claimed 33% of total revenue for
net income of $426.1 million in
9. Pitt Ohio Express
7.5
the group of 100 top carriers.
2002, up 12.9% from $377.2 million
8. Penske Logistics
90.5
15.5.
Among the remaining trucking
in 2001. Revenue for all carriers in
10. New Penn Motor Express
7.3
sectors, LTL carriers took the
the sector increased 4.5% to $20.1
9. Estes Express Line
90.6
10. Estes Express Lines
14.7
* Net profit excludes income taxes paid by
biggest slice — 27.3% of the revbillion in 2002 from $19.23 billion in
company owners
enue. Truckload carriers grabbed
2001.
10. Pitt Ohio Express
91.0
22.8%. No other sector garnered
The average LTL sector operatmore than 5% of the revenue.
ing ratio — the primary gauge of
By Daniel P. Bearth
D
profitability in trucking calculated by dividing total expenses by revenue — was 94.6 in
2002 and 94.9 in 2001. The average profit
margin (net income divided by revenue) was
3.9% vs. 3.5%.
Net income for a group of 24 large truckload carriers jumped 46.8% to $345.5 million
in 2002 from $235.3 million in 2001. Revenue for a group of 34 truckload carriers
increased only 4.5% to $16.8 billion from
$16.1 billion. The average operating ratio was
94.9 vs. 94.8 and the average profit margin
was 3% vs. 2.2%.
Profitability was mixed for most of the
other trucking sectors.
Five of six refrigerated carriers that reported net income for 2002 and 2001 saw profits
jump 11.3%. Revenue for the group of six
carriers, however, increased only 2.8% and
the average operating ratio rose to 95.5 from
95.1. The average profit margin was 4.5%
compared to 4.2%.
2002 Revenue Breakdown
RANKING OF 100 LARGEST FOR-HIRE CARRIERS BY SECTOR
SECTOR AND COMPANY
LESS-THAN-TRUCKLOAD
Roadway Express
Yellow Transportation
FedEx Freight1
ABF Freight System
Overnite Transportation Co.
USF Holland
Estes Express Lines
Watkins Motor Lines
Averitt Express
Old Dominion Freight Line
Saia Motor Freight Lines
Southeastern Freight Lines
AAA Cooper Transportation
Central Freight Lines
Jevic Transportation
USF Reddaway
2002
2,671,185
2,522,297
2,120,000
1,935,211
1,277,117
1,332,520
960,391
796,478
793,090
581,854
566,459
489,832
446,278
394,518
371,445
285,603
274,368
REVENUE (000)
2001
% CHANGE
2,641,628
2,464,971
1,960,000
1,884,223
1,262,096
1,113,120
937,150
694,524
761,220
552,712
502,239
485,379
434,603
395,658
395,702
286,203
266,206
1.1
2.3
8.1
2.7
1.2
19.7
2.5
14.7
4.2
5.2
12.7
0.9
2.6
-0.2
-6.1
-0.2
3.0
1 FedEx Freight revenue and operating ratios are for fiscal years ended May 31, 2003 and May 31, 2002.
2002
NET INCOME (loss) (000)
2001
% CHANGE
29,967
20,883
—
84,940
—
88,788
42,925
48,427
13,984
18,355
18,462
10,651
24,816
9,893
8,542
(74,072)
16,126
31,218
4,959
—
77,535
42,816
45,533
42,996
41,296
7,937
16,118
11,905
2,468
17,594
9,985
(2,131)
(612)
12,713
-4.0
321.0
—
8.7
—
94.9
-0.1
17.2
76.2
13.9
55.0
331.0
41.0
-0.9
—
—
26.8
OPERATING RATIO
2002
2001
97.9
97.2
91.6
91.9
94.6
94.6
92.5
90.6
96.7
94.9
93.6
95.6
93.9
96.0
95.9
97.9
89.2
97.8
98.2
91.4
91.6
93.7
95.2
92.0
—
97.9
95.0
95.1
96.2
95.2
95.6
98.6
97.9
90.7
NET PROFIT MARGIN
2002
2001
1.1
0.8
—
—
4.3
6.6
4.5
6
1.8
3.1
3.2
2.1
5.6
2.5
2.3
—
5.8
1.2
0.2
—
4.1
3.4
4.1
4.6
5.9
1.0
2.9
2.4
0.5
4.0
2.5
-0.5
-0.2
4.8
SECTOR AND COMPANY
LESS-THAN-TRUCKLOAD
USF Red Star
Forward Air Corp.
USF Dugan
New Penn Motor Express
New England Motor Freight
Pitt Ohio Express
G.I. Trucking
USF Bestway
Vitran Express
2.3Dawes Transport
Roadrunner Freight Systems
Wilson Trucking Corp.
Milan Express
Dayton Freight Lines
Watkins and Shepard Trucking
Total LTL (32)
TRUCKLOAD
Schneider National Inc.2
J.B. Hunt Transport
Swift Transportation
Werner Enterprises
U.S. Xpress
Landstar Ranger
Covenant Transport
Crete Carrier Corp.
Landstar Inway
CRST International
Heartland Express
Celadon Trucking
Interstate Distributors
Contract Freighters Inc.
Dart Transit
Knight Transportation
USA Truck
Transport Corp. of America
P.A.M. Transport
Transit Group Inc.
Landstar Ligon
Mercer Transportation Co.
Cardinal Logistics Management
Paschall Truck Lines
Arnold Transportation Services
Smithway Motor Xpress
Roehl Transport
Gainey Transportation Services
Arrow Trucking
Gordon Trucking
Boyd Bros. Transportation
Maverick Transportation
Falcon Transport
Landair Transport
Total TL (34):
2002
REVENUE (000)
2001
% CHANGE
2002
2001
% CHANGE
OPERATING RATIO
2002
2001
NET PROFIT MARGIN
2002
2001
(Continued)
264,279
226,072
216,300
213,194
206,310
192,938
165,000
151,600
150,524
148,484
127,923
112,874
108,649
107,803
101,942
255,722
227,500
206,661
213,808
187,001
189,548
151,000
150,466
153,256
132,691
116,921
108,696
—
—
102,457
3.3
-0.6
4.6
-0.2
10.3
1.7
9.2
0.7
-1.8
11.9
9.4
3.8
—
—
-0.5
(6,763)
21,616
—
15,575
12,271
14,596
—
—
373
—
4,256
942
222
4,399
548
(5,640)
19,882
549
18,114
13,631
10,935
—
7,568
(3,491)
—
3,630
941
—
—
(352)
-20.0
8.7
—
-14.0
-9.9
33.4
—
—
—
—
17.2
0.1
—
—
—
102.5
85.5
99.4
88.6
93.3
91.0
—
93.8
95.8
—
94.7
99.5
99.6
93.7
96.2
101.3
86.3
97.8
86.5
92.4
90.9
—
95.0
99.2
—
95.2
99.3
—
—
96.4
—
9.5
—
7.3
5.9
7.5
—
—
0.2
—
3.3
0.8
0.2
4.1
0.5
—
8.7
0.3
8.5
7.3
5.8
—
5.0
-2.3
—
3.1
0.9
—
—
0.3
20,096,086
19,233,361
4.5
426,101
377,164
12.9
94.6
94.9
3.9
3.5
2,627,000
2,247,886
2,101,472
1,314,456
777,884
713,337
541,830
484,574
476,914
467,014
340,745
336,999
328,898
323,000
302,000
279,360
273,773
273,227
264,011
253,000
247,186
191,479
181,357
181,200
172,000
169,469
168,699
162,764
150,000
140,000
127,792
111,843
107,148
104,607
2,388,000
2,100,305
2,112,221
1,270,519
736,895
631,856
547,028
410,525
458,791
447,237
294,617
351,818
306,477
302,800
292,996
241,679
252,441
274,589
225,794
376,933
231,627
200,445
149,154
194,000
171,594
190,826
159,732
158,870
158,543
132,318
123,856
104,744
—
109,754
10.0
7.0
-0.5
3.4
5.5
12.8
-1.0
18.0
3.9
4.4
15.6
-4.2
7.3
6.9
3.1
15.5
8.4
-9.3
16.9
-32.8
6.7
-4.4
21.6
-6.7
0.2
-11.0
5.6
2.5
-5.3
5.8
0.2
6.7
—
-4.6
—
51,815
59,588
61,627
—
369
8,274
52,252
4,699
—
42,807
1,709
—
—
—
27,935
2,601
(204)
16,593
—
1,394
8,865
3,987
—
—
(8,678)
4,681
(1,051)
—
—
474
891
1,116
4,890
—
32,945
42,645
47,744
(30)
4,052
(6,662)
40,513
2,996
—
37,656
(5,036)
—
—
—
22,400
1,087
(352)
10,071
—
(2,468)
11,136
(6,986)
(1,912)
4,697
(5,211)
3,415
(1,563)
1,001
7,746
(407)
1,544
—
5,774
—
57.0
28.4
29.0
—
-90.0
—
29.0
56.8
—
13.7
—
—
—
—
24.7
139
—
64.7
—
—
-20.0
—
—
—
-66.0
37.0
-32.0
—
—
—
-42.3
—
-15.3
—
95.5
94.4
92.6
—
99.2
95.6
90.4
97.6
93.5
81.7
96.8
—
—
—
85.3
96.5
100.3
88.7
—
98.3
95.2
—
—
—
107
96.3
95.6
—
—
98.1
96.3
98.2
92.5
—
96.6
93.9
93.8
98.0
97.8
100.0
91.3
97.8
94.6
82.1
98.8
—
—
—
83.6
97.6
97.4
90.6
—
97.9
94.3
99.3
99.0
—
102.6
96.2
95.2
95.6
96.8
96.9
94.2
—
90.6
—
2.3
2.8
4.6
—
0
1.5
10.8
0.9
—
12.5
0.5
—
—
—
9.9
0.9
-0.01
6.2
—
0.5
4.6
2.1
—
97.3
-5.1
2.7
-0.6
—
—
0.5
.7
1.0
4.6
—
1.6
3.0
3.8
0.0
0.6
-1.2
9.9
0.7
—
12.8
-1.4
—
—
—
7.9
0.4
-0.1
4.5
—
-1.1
5.6
-4.7
-1.3
2.7
-2.7
2.1
-1.0
0.6
5.9
0.5
1.5
—
5.3
16,835,776
16,108,984
4.5
345,518
235,293
46.8
94.9
94.8
3.0
2.2
2 Schneider National Inc. revenue was provided by the company and includes truckload and intermodal, tank truck and logistics businesses.
TANK
Quality Distribution
Trimac Transportation
Kenan Advantage Group
Bulkmatic Transport Co.
Groendyke Transport
Miller Transporters
Superior Carriers
Total Tank (6)
REFRIGERATED
Prime Inc.
C.R. England
Marten Transport
FFE Transportation
Stevens Transport
KLLM Inc.
Total Refrigerated (6)
516,538
410,000
269,228
133,170
127,368
111,365
109,591
510,701
412,000
254,840
133,224
131,126
101,470
99,970
1.1
-0.4
5.6
0.0
-2.8
9.7
9.6
—
—
—
83
3,182
—
465
—
—
—
93
912
(1,225)
4,367
—
—
—
-10.7
249.0
—
—
—
—
—
96.5
96.2
—
97
—
—
—
95.8
97.7
101.2
95.6
—
—
—
0.1
2.4
—
0.4
—
—
—
0.1
0.7
-1.2
2.8
1,408,032
1,388,491
1.4
3,265
4,147
-21.3
96.4
96.7
1.3
1.2
533,626
434,631
293,096
287,535
258,392
246,871
512,225
456,344
282,764
275,419
236,721
233,000
4.1
-4.7
3.7
4.3
9.1
5.9
44,807
8,329
5,973
6,943
20,352
—
44,406
9,781
6,514
(981)
17,894
—
0.9
-14.0
-8.3
—
13.7
—
—
97.5
95.9
98.5
92
—
90.0
—
94.7
99.1
91.7
—
8.3
1.9
2
2.4
7.8
—
9.2
2.1
2.3
-0.4
7.6
—
2,054,151
1,996,473
2.8
86,404
77,614
11.3
95.5
95.1
4.5
4.2
The TT 100
SECTOR AND COMPANY
2002
REVENUE (000)
2001
% CHANGE
2002
2001
% CHANGE
OPERATING RATIO
2002
2001
NET PROFIT MARGIN
2002
2001
HOUSEHOLD GOODS
United Van Lines3
Atlas Van Lines
Mayflower Transit
Bekins Van Lines
1,113,826
412,075
374,886
170,700
828,914
446,758
299,083
—
34.3
-7.0
25.3
—
11,150
11,872
2,112
839
22,870
10,837
1,502
—
-51.0
9.5
40.6
—
98.6
96.3
99.0
99.0
96.1
96.4
98.3
—
1.0
2.8
5.6
—
2.8
2.4
0.5
—
Total Household Goods (4)
1,900,787
1,574,755
20.7
25,134
35,209
-28.6
97.9
96.9
3.1
1.9
3 United Van Lines and Mayflower Transit 2002 revenue includes packing revenue previously recorded on a net margin basis.
CONTRACT
UPS Logistics Group4
Menlo Worldwide Logistics
Penske Logistics
Ryder Dedicated Contract Carriage
1,024,000
969,000
672,558
517,961
738,000
898,480
673,028
534,962
38.8
8.0
-0.1
-3.2
—
—
63,612
—
—
—
39,503
—
—
—
61.0
—
—
96.7
90.5
—
—
101.8
91.5
—
—
—
9.4
—
—
—
5.9
—
Total Contract (4)
3,183,519
2,844,470
11.9
63,612
39,503
61.0
93.6
96.7
9.4
5.9
4 UPS Logistics Group revenue is net revenue from United Parcel Service annual report to stockholders.
MOTOR VEHICLE
Allied Holdings
United Road Services
Cassens Transport Co.
Leaseway Motorcar Transport Co.
898,060
248,695
240,000
159,065
896,767
226,529
187,634
177,030
0.1
9.7
27.9
-10.0
(7,526)
(84,652)
—
(5,527)
(39,496)
(13,659)
—
(10,778)
—
—
—
-48.0
97.7
—
—
112.0
104.2
107.4
—
108.8
-0.8
-34.0
—
—
-4.4
-6.0
—
-6.1
Total Motor Vehicle (4)
1,545,820
1,487,960
3.8
(97,705)
(16,785)
—
104.9
106.8
17.4
-5.5
SPECIALIZED
New Bern Transport (BEV)
Bridge Terminal Transport (INT)
Globe Transport (BEV)
Ace Transportation (HS)
RoadLink USA (INT)
1,044,779
216,000
176,826
169,243
166,000
974,750
197,900
170,889
189,842
165,000
7.2
9.6
3.4
-10.8
0.6
88,054
—
3,361
9,018
—
41,016
—
5,249
17,118
—
115.0
—
-36.0
-47.0
—
91.6
—
98.1
97.9
—
95.4
—
97.1
95.0
—
8.4
—
1.9
5.3
—
4.2
—
3.1
9.0
—
Total Specialized (5)
1,772,848
1,698,381
4.3
100,433
63,383
58.4
95.8
96.1
5.2
6.1
PACKAGE/COURIER
United Parcel Service
FedEx Ground5
Velocity Express
CD&L Inc.
Dynamex Inc.
20,273,054
3,413,000
342,727
157,232
111,122
20,312,500
2,711,000
471,682
160,544
121,049
-0.2
25.8
-27.3
-2.1
-8.2
672,584
—
(10,479)
285
(9,315)
662,683
—
(35,271)
(6,269)
8,151
1.5
—
—
—
—
95.2
85.5
—
—
—
92.7
87.6
106.2
103.1
—
3.3
—
-3.1
0.1
-8.4
3.3
—
-7.5
-3.9
6.7
Total Package (5)
24,297,135
23,776,775
14.7
653,075
629,294
3.8
90.4
90.2
-2.0
-0.4
5 FedEx Ground revenue and operating ratios are for fiscal years ended May 31, 2003 and May 31, 2002.
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TT 100 Alphabetical Index
(Continued from p. 6)
CNF Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Con-Way Air Express
Con-Way Canada Express
Con-Way Central Express
Con-Way Logistics
Con-Way NOW
Con-Way Southern Express
Con-Way Western Express
Concentrek Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59
Concord Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . 68
Contract Freighters Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . 53
CFI de Mexico
CFI Logistica
Contrans Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81
Covenant Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
C.R. England Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Crete Carrier Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
CRST International . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
CRST Flatbed
CRST Logistics
CRST Major Airport Express
CRST Van Expedited
CTL Distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
CX Roberson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95
D
Daily Transport. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Dallas & Mavis Specialized Carriers . . . . . . . . . . . . . . . . . 44
Dart Transit Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56
Dart Advantage Warehousing
Dart Intermodal
Data-Tronics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Dawes Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93
Decker Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63
Distribution Centers of Minnesota . . . . . . . . . . . . . . . . . . 98
Dynamex Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69
Dynasty Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . 86
E
Eastern Freightways . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Eastern/GPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
East West Motor Express . . . . . . . . . . . . . . . . . . . . . . . . . 85
ECShipping. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61
Edutran Transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . 81
England Transportation Consulting . . . . . . . . . . . . . . . . . 39
Epes Carriers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91
Epes Express
Epes Freight Management
Epes Logistics Services
Epes Transport System
Estes Express Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Estes Leasing
Exel (Americas) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
F
F-A-R . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
FedEx Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
FedEx Custom Critical
FedEx Ground
FedEx Express
FedEx Freight East
FedEx Freight West
FedEx Trade Networks
FedEx Services
FedEx Supply Chain Services
FFE Transportation Services. . . . . . . . . . . . . . . . . . . . . . . 46
Fillion Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81
Fine Arts Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
FleetNet America . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Forestville . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Forward Air Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70
Freight Brokers of America. . . . . . . . . . . . . . . . . . . . . . . . 52
Frontier Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57
Frozen Food Express Industries . . . . . . . . . . . . . . . . . . . . 46
G
G&P Trucking. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
Gainey Corp.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Gainey Transportation Services
Geni Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62
G.I. Trucking. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89
Glen Tay Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . 81
Global Van Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Globe Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82
Gordon Trucking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94
Gordon Logistics Management
Graebel Cos. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Graebel Movers
Graebel Movers International
Graebel Van Lines
Great Coastal Express . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Great Western Express. . . . . . . . . . . . . . . . . . . . . . . . . . . 46
Green Field Transport. . . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Grimshaw Trucking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72
Groendyke Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99
Grojean Transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . 97
GW Transportation Services. . . . . . . . . . . . . . . . . . . . . . . 98
H
Heartland Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
Highway Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Hirschbach Motor Lines . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Hoults and Maison Huet . . . . . . . . . . . . . . . . . . . . . . . . . 11
Hunt Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
I
Insite Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Integres Global Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Intermodal Caribbean Express . . . . . . . . . . . . . . . . . . . . . 54
Interstate Distributor Co. . . . . . . . . . . . . . . . . . . . . . . . . . 51
J
Jack Cooper Transportation . . . . . . . . . . . . . . . . . . . . . . . 99
Jaguar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
J.B. Hunt Transport Services . . . . . . . . . . . . . . . . . . . . . . 12
J.B. Dedicated Contract Services
J.B. Intermodal
J.B. Professional Services
J.B. Transport Van OTR
Jevic Transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
JHT Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
K
KAT Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
Kellaway . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
Kenan Advantage Group. . . . . . . . . . . . . . . . . . . . . . . . . . 62
Kenan Transport
KAG Logistics
Keystone Dedicated Logistics. . . . . . . . . . . . . . . . . . . . . . 76
Klemm Tank Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62
KLLM Transport Services. . . . . . . . . . . . . . . . . . . . . . . . . 67
KLLM Inc.
Knight Transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . . 59
Knight Dedicated Services
Knight Flight Services
Knight Management Services
The Koch Cos. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98
Koch Logistics
Koch NationaLease
Koch Trucking
Koch Twin Ports
L
Laidlaw Carriers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81
Land Span . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Landstar System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Landstar Gemini
Landstar Express America
Landstar Inway
Landstar Ligon
Landstar Logistics
Landstar Ranger
Land Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
Leaseway Motorcar Transport . . . . . . . . . . . . . . . . . . . . . . 5
Lesco Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86
Lesco Trucking Co.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86
Lester Coggins Trucking . . . . . . . . . . . . . . . . . . . . . . . . . 52
Levy Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Lexicon Relocation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74
LHP Transportation Services . . . . . . . . . . . . . . . . . . . . . . 33
Lisa Motor Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
Lynden Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41
Lynden Air Cargo
Lynden Air Freight
Lynden Logistics
Lynden Transport
LTI Inc.
M
Mail Boxes Etc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Marten Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58
Mayflower Transit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
McDaniel Transportation . . . . . . . . . . . . . . . . . . . . . . . . . 62
MD Transport Systems . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Menlo Worldwide . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Menlo Worldwide Logistics
Menlo Worldwide Forwarding
Mercer Transportation Co. . . . . . . . . . . . . . . . . . . . . . . . . 77
Meridian IQ. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Middleton Transportation Co.. . . . . . . . . . . . . . . . . . . . . . 46
Midwest Coast Transport . . . . . . . . . . . . . . . . . . . . . . . . . 36
Milestone . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75
Mill Creek Motor Freight. . . . . . . . . . . . . . . . . . . . . . . . . . 72
Mill Creek Equipment
Mirabel Leasing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Mullen Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . 72
Mullen Trucking
N
National Association of Independent Truckers . . . . . . . . . 11
New Bern Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
New England Motor Freight . . . . . . . . . . . . . . . . . . . . . . . 42
NEMF World Transport
NEMF Today
New Horizons Leasing . . . . . . . . . . . . . . . . . . . . . . . . . . . 85
New Penn Motor Express. . . . . . . . . . . . . . . . . . . . . . . . . . 6
NFI Industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38
National Distribution Centers
National Freight
NFI Interactive Logistics
NFI Real Estate
North American Van Lines . . . . . . . . . . . . . . . . . . . . . . . . 11
North Canton Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . 62
Northstar Passenger Services . . . . . . . . . . . . . . . . . . . . . 81
O
Old Dominion Freight Line . . . . . . . . . . . . . . . . . . . . . . . . 30
Old Dominion Domestic
Old Dominion Expedited
Old Dominion Global
Old Dominion Technology
Overnite Transportation Co. . . . . . . . . . . . . . . . . . . . . . . . 18
OMC Logistics
Overnite Special Services Division
P
Pacer International . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Pacer Cartage
Pacer Global Logistics
Pacer Stacktrain
Pacer Transport
Pacific Motor Transport . . . . . . . . . . . . . . . . . . . . . . . . . . 99
Pacific Rim Transport. . . . . . . . . . . . . . . . . . . . . . . . . . . . 73
P.A.M. Transportation Services . . . . . . . . . . . . . . . . . . . . 63
Papineu International . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Paschall Truck Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80
Paul Arpin Van Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
Penske Truck Leasing Corp.. . . . . . . . . . . . . . . . . . . . . . . . 5
Penske Logistics
Petro-Chemical Transport . . . . . . . . . . . . . . . . . . . . . . . . 62
PFT Roberson. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95
Phantom Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93
Pickfords . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Pitt Ohio Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76
Power Purchasing Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Prime Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Q
Quality Distribution Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . 34
QualaSystems Inc.
Qualilty Carriers
Quality Terminals
Quality Transload
R
R&M Trucking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
Raynald April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Reimer Express Lines. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Retex Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
RoadLink USA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
RoadLink USA Pacific
RoadLink USA South
Roadrunner Freight Systems . . . . . . . . . . . . . . . . . . . . . 100
Road Systems . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Roadway Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Roadway Express
Roadway Express S.A. de C.V.
Roadway Next Day
Roberson Transportation Cos. . . . . . . . . . . . . . . . . . . . . . 95
Roehl Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87
Ruan Transportation Management Systems . . . . . . . . . . 27
Ruan Certified Brokerage
Ruan Leasing
Ruan Logistics
Ruan Transport
Ryder System. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Ryder Dedicated Contract Carriage
Ryder Fleet Management Solutions
Ryder Supply Chain Solutions
S
S&H Transportation Services . . . . . . . . . . . . . . . . . . . . . . 94
Saia Motor Freight Line . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Schanno Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Schneider National . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Schneider Financial
Schneider Logistics
Schneider National Carriers
Schneider National Bulk Carriers
Schneider Specialized
Schneider Transport
SCS Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Select Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Shaffer Trucking. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Shevell Group. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Signature Insurance Co. . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Sirva Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Sirva Logistics
Sirva Relocation
Smithway Motor Xpress Corp. . . . . . . . . . . . . . . . . . . . . . 85
Southeastern Freight Lines. . . . . . . . . . . . . . . . . . . . . . . . 35
Stevens Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64
Suddath Cos. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74
Suddath International
Suddath Logistics Services
Suddath Relocation Systems
Suddath Transportation Services
SunBelt Furniture Xpress . . . . . . . . . . . . . . . . . . . . . . . . . 54
Sunco Carriers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Sunflower Carriers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Superior Bulk Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . 75
Superior Carriers
Super Flo Inc.
Super Cool Cold Storage . . . . . . . . . . . . . . . . . . . . . . . . . 36
Super Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Swift Transportation Co.. . . . . . . . . . . . . . . . . . . . . . . . . . 13
T
TA Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63
Texas Star Express. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91
TNT Logistics North America . . . . . . . . . . . . . . . . . . . . . . 28
Total Transportation Services. . . . . . . . . . . . . . . . . . . . . . 20
Trancend Logistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63
Transadvantage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
TransForce Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Trans4Logistics
Transport J.C. Germain
Transport Lebon
Transport McGill
Transport Nordique
Transport Mondor
Transport Mondor International
TST Overland Express
TST Automotive Services
TST Expedited Services
TST Load Brokerage Services
TST Truckload Express
Transguard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Transit Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
Transless . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Transplace.com . . . . . . . . . . . . . . . . . . . . . . 12,13,17,23,31
TransPlastics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
Transport Corp. of America . . . . . . . . . . . . . . . . . . . . . . . 61
Transport America
Transport America Dedicated
TA Logistics
Transportation Claim Inc. . . . . . . . . . . . . . . . . . . . . . . . . . 26
Tri-Line Freight Systems . . . . . . . . . . . . . . . . . . . . . . . . . 81
Trimac Transportation System . . . . . . . . . . . . . . . . . . . . . 40
Truckers B2B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
U
UniGroup Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
UniGroup Worldwide
United Parcel Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
UPS Air Cargo
UPS Aviation Technologies
UPS Capital Corp.
UPS Consulting
UPS Freight Services
UPS Logistics
UPS Mail Innovations
UPS Professional Services
UPS Supply Chain Solutions
UPS TeleServices
United Road Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66
United Trailer Leasing . . . . . . . . . . . . . . . . . . . . . . . . . . . 98
United Van Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
USA Truck . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60
USA Logistics
USF Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
USF Bestway
USF Dugan
USF Glen Moore
USF Holland
USF Logistics Services
USF Processors
USF Red Star
USF Reddaway
U.S. Xpress Enterprises . . . . . . . . . . . . . . . . . . . . . . . . . . 23
V
Vanliner Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Van-Pak Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Vector SCM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Velocity Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
Vernon Sawyer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67
Vitran Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57
Vitran Express
Vitran Express Canada
Vitran Logistics
W
Warren Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54
Watkins Associated Industries . . . . . . . . . . . . . . . . . . . . . 21
Watkins Air Services
Watkins Fleet Services
Watkins Motor Lines
Werner Enterprises. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Whitacre . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
Willis Shaw Express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
World Wide Logistics Solutions . . . . . . . . . . . . . . . . . . . . 95
X
Xpress Global Systems . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Y
Yellow Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Yellow Technologies
Yellow Transportation
Z
Zipp Express. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
The following companies are not ranked in the TRANSPORT
TOPICS 100 but do appear in the list of for-hire carriers by
sector on pages 18-20:
Company . . . . . . . . . . . . . . . . . . . . . . Sector
Boyd Bros. Transportation . . . . . . . . . . . . . . . . . . . . . . . . TL
Dayton Freight Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . LTL
Falcon Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . TL
Landair Transport. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . TL
Leaseway Motorcar Transport . . . . . . . . . . . . . . . . . . . . VEH
Maverick Transportation. . . . . . . . . . . . . . . . . . . . . . . . . . TL
Milan Express. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LTL
Miller Transporters . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tank
Watkins and Shepard Trucking . . . . . . . . . . . . . . . . . . . LTL
Wilson Trucking Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . LTL
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2003 TRANSPORT TOPICS PRIVATE 100 — 3
The TT Private 100
Food Distributors Shake Up
Private-Carrier Sector
McLane Spin-off, Fleming Bankruptcy Highlight Industry Trends
By Daniel P. Bearth
C
hanges in food distribution continue
to have a major impact on the nation’s
largest private carriers.
In June, Wal-Mart Stores sold
McLane Co., a foodservice and grocery distribution business, to Berkshire Hathaway, a move industry
analysts say could set the stage for
additional consolidation among food
distributors. Because of the sale,
Houston-based Sysco Corp., another
foodservice company, displaced WalMart as the No. 1-ranked private
carrier in the 2003 T RANSPORT T OP ICS Private 100 list.
Fleming Cos., one of the nation’s
oldest and largest grocery wholesalers, agreed on June 27 to sell its
wholesale grocery business to C&S
Wholesale Grocers of Brattleboro, Vt., a fastgrowing company that slashes costs by buying
product in bulk and farming out transportation to independent contractors. Fleming
said it also plans to sell its remaining distribution business, Core-Mark International.
Core-Mark sells food and other products to
convenience stores.
Meanwhile, the disclosure of accounting
irregularities at USFoodservice in February
led to a management shake-up at the Columbia, Md.-based distributor and delayed the
release of financial statements by parent
company Royal Ahold in the Netherlands.
The accounting scandal is fueling speculation
that Ahold will dispose of USFoodservice
and focus on its supermarket operations.
Ahold owns six supermarket chains in the
U.S., including Giant Food (Maryland), Stop
and Shop and Tops Markets.
While it’s not yet known how each of these
scenarios will play out, it’s clear that they will
have an impact on the trucking fleets operated by food and retail merchandise distributors that operate a majority of the largest private carriers in North America.
John Gray, president of the International
Foodservice Distributors Association, said he
Food and retail merchandise
grocery
wholesalers
operate.
“In
the grocery industry, you have trucks making
one or two stops a day because you’re offloading merchandise in truckload quantities.
A foodservice truck is making 15 to 20 stops a
day. You have mixed pallets, which makes it
economically very different.”
Gray said the purchase of USFoodservice by the Dutch supermarket operator Royal Ahold briefly led
to talk in the industry about combining foodservice and grocery distribution networks and some people
now are looking at how Berkshire Hathaway’s purchase of McLane might affect distribution strategies of other Berkshire Hathaway
companies.
“What [Berkshire Hathaway Chairman] Warren Buffet bought was a
convenience store distribution busi-
distributors operate a majority
of the largest private carriers in
North America.
(Continued on p. 4)
expects to see more specialization among
grocery, foodservice and
convenience store suppliers.
One sign of the growing
separation between restaurant food suppliers and grocery distributors occurred
in December with the dissolution of Food Distributors
International, a trade group
that represented both
groups. Grocery distributors
regrouped as a division of
the Food Marketing Institute in Washington, D.C.,
while foodservice companies formed a new organization headed by Gray and
based in Falls Church, Va.
“Culturally, they are totally different,” Gray said of
the way foodservice and
CONTENTS
Changes in food distribution continue to have a major impact on
the nation’s largest private carriers. By Daniel P. Bearth, Senior
Features Writer
5
The Enduring Value of Private
Fleet Trucking. By Gary Petty,
president, National Private Truck
Council
6
Private Carriers
Alphabetical Index
6
Private Carriers
Acknowledgements
and Sources
The 2003 TRANSPORT TOPICS 100 Private
Carriers is a special project of the TT Publishing Group that features information on
the largest private carriers in the U.S. and
Canada. Data were compiled from telephone interviews with company officials,
the North American Truck Fleet Directory
and other sources.
Senior Features Writer Daniel P. Bearth
was the project coordinator, assisted by
Shivram Vaideeswaran and the National
Private Truck Council. The design is by
Patrick Donlon, assistant director of art &
production.
Sysco Corp.
3
Houston-based Sysco Corp., a foodservice company, now holds the No. 1 spot
on the Transport Topics 100 Private Carriers list.
4 — 2003 TRANSPORT TOPICS PRIVATE 100
The TT Private 100
ness that also owned remnants of AmeriServe,
which delivered to PepsiCo’s Pizza Hut, Taco
Bell and Kentucky Fried Chicken restaurants,” Gray said, adding that Berkshire Hathaway also owns International Dairy Queen.
(Shaw Industries, ranked No. 16 on the 2003
TT Private 100, is another Berkshire Hathaway company.)
“What that portends, no one knows,” Gray
said of the possible collaboration between
the Berkshire Hathaway companies.
A top executive at McLane said the newly
independent company will continue to serve
foodservice and grocery customers through
separate distribution systems. However, the
executive also said he expects to see additional consolidation in each of the food distribution sectors.
“Consolidation seems to be a natural evolution in any industry life cycle,” said Terry
McElroy, president of McLane Grocery Distribution. “Food distribution is no different.
This industry is in a consolidation mode and
our view is this consolidation, retail and
wholesale, will continue over the next few
years.”
McElroy said he expects to do business with
companies that previously were reluctant to
deal with McLane because of its relationship
with Wal-Mart.
Some convenience store operators, for
example, chose not to do business with
McLane because Wal-Mart sold gasoline and,
in some cases, even owned gasoline-retailing
operations on their parking lots, McElroy
said. As an independent company, McLane
could more easily distribute products to WalMart’s competitors.
McElroy said he expects the “historic customer relationship” between McLane and
Wal-Mart to continue under the new ownership. Wal-Mart accounted for about onethird of McLane’s $24 billion annual sales in
2002.
E
xpansion through acquisition is a central part of the growth strategy at
Sysco Corp., the company that won
the No. 1 spot in this year’s TT Private 100.
“We view this time as an opportunity to
increase our market share,” said Thomas E.
Lankford, president and chief operating officer of Sysco (an acronym for Systems and
Services Co.). Sysco distributes goods and
services to approximately 415,000 customers
— restaurants, hospitals, schools and hotels
— through 146 distribution locations in the
United States and Canada. With sales of
$24.7 billion in 2002, Sysco officials claim to
be the largest player in a $200 billion-a-year
foodservice industry.
In November, Sysco acquired Asian Foods,
a distributor of Asian food products that
had annual sales of more than $100 million
in 14 states. More recently, the company purchased the specialty meat-cutting division
of Colorado Beef Co. in Auburndale, Fla.,
and its affiliated operation J&B Foodservice. A Sysco affiliate also recently agreed to buy Reed Distributors, a paper and
chemicals distributor to the foodservice
industry.
Sysco is also investing hundreds of millions
of dollars in building regional distribution
centers across the country. The first facility
— Northeast Redistribution Center — is
expected to open in mid-2004 near Front
Royal, Va., and will receive and redistribute
food and food-related products to 14 Sysco
operating companies in the Northeast.
Ken Spitler, executive vice president for
Sysco’s North American foodservice operations, said between seven and 12 redistribution centers will be built across the United
States and Canada for $65 million to $75 mil-
lion apiece. Each center is
expected to have a dedicated fleet of 250 tractors and
drivers and 350 dry van
and refrigerated trailers to
make daily deliveries to
Sysco operating companies
in each region.
The new approach will
lower transportation costs
by enabling the company
to order goods in truckload
or railcar quantities,
instead of smaller, more
expensive less-than-truckload shipments, said
William B. Day, who was
named vice president of
supply chain management
for Sysco in May.
In addition, integrated
information systems will
improve scheduling and
routing of trucks and
reduce the need for Sysco’s
operating companies to
stockpile as many goods.
“We can grow sales without adding space,” Day
said.
Other foodservice companies are also making
moves to broaden their
product line or expand into
new areas. Richmond, Va.based Performance Food
Group (No. 35 on the TT
Private 100), for instance,
bought Middendorf Meat
Co., a St. Louis-based distributor of custom-cut
steaks.
Vistar Corp. (No. 30 on
the TT Private 100), a company that combined the
operations of Denver-based
Multifoods Distribution,
which specialized in Italian Sysco distributes goods and services to some 415,000 customers through 146
and pizza markets, and distribution locations in the United States and Canada.
VSA, a distributor of vending and office coffee prodtion to third parties, contract carriers, leasing
ucts, recently made two acquisitions — Lisa
companies and independent contractors,
Inc. of East Haven, Conn., and Vend Products.
according to Richard H. Kochersperger, a
Lisa Inc. is an Italian specialty and pizza disfood industry consultant in Wallingford, Pa.,
tributor to the New England market, while
who conducts an annual transportation surVend Products is part of Estey Corp., a West
vey for the Food Marketing Institute.
Coast distributor of candy, snack items and
“There is tremendous pressure from Wall
office-supply products to the vending industry.
Street to invest capital into resources that
Notwithstanding consolidation in the foodyield increased sales and profits,”
service sector, industry observers say they
Kochersperger said. “As a result, many firms
expect the business to continue to grow as
are minimizing the amount of funds directed
time-pressed consumers continue to eat
to transportation equipment. Many of the
more often outside the home and cut back on
distributors are also seeking to reduce labor
trips to the grocery store.
costs by outsourcing the driving function.”
“You don’t see many new supermarkets, but
A survey in 2002 of 135 fleets in the United
you do see new restaurants opening all the
States and Canada found that 44% of food
time,” said Gray of the IFDA.
distributors described their method of operaGray said a slowdown in sales at McDontions as a private fleet, compared with 57% in
ald’s and other quick-service restaurants
2001. The number of distributors using third
should be short-lived as companies modify
parties rose to 27% from 13% the previous
their menus to appeal to older patrons.
year. Transportation costs averaged $2.10 a
“And nursing homes are not getting smallmile for fleets in 2002, with driver costs
er,” Gray said. “In fact, [contract feeding]
accounting for 57.7% of the total, according
should explode in the next 20 years.”
to the survey.
The outlook for grocery distribution, meanKochersperger said companies like C&S
while, is more complicated, according to
Wholesale Grocers and Transport Industries,
industry experts.
a Dallas-based dedicated contract carrier,
“It’s a mixed bag,” said John R. Block, prescan save money for food distributors by payident of FMI’s Wholesale Division. “Some
ing drivers by the mile or by the number of
companies are in trouble. But we also have a
deliveries, rather than a straight hourly wage.
lot of companies that are having a great year.”
By combining the volume of several cusGrocery distributors fall into two categories
tomers, the companies are also able to route
— self-distributing supermarket chains
trucks more efficiently.
and wholesaler suppliers that serve mul“We provide the transportation from distribution
tiple customers.
The prevailing trend in both types of distribution operations is to outsource transporta(Continued on next page)
Sysco Corp.
Restaurant, Grocery Suppliers Go Separate Ways
Private Carriers
By Gary F. Petty, President and CEO
National Private Truck Council
I
n times past, private fleets ruled the trucking world and
they remain a prominent sector of the industry. In 1964,
for example, more than 10 million of the nation’s 12 million trucks were operated by private fleets. That year, private carriers traveled more than 100 billion miles.
Before trucking was deregulated in the early l980s — and
before the tidal wave of mergers that brought many famous
brands under single-roof management — virtually every
company of any size in America operated a private fleet.
That world is long gone, of course. Private fleets continued
to thrive, however — albeit at a less commanding level than
the heydays of the l960s. Even after more than 20 years of
aggressive pricing from for-hire competitors, extensive corporate consolidations, dramatic increases in third-party outsourcing, stringent cost-cutting practices and ever-rising
expectations for better service, private fleets are still very
much alive and well.
Nearly half of the trucking industry remains in privatefleet territory, collectively accounting for more than 50% of
all Class 8 trucks sold in the United States. Last year, private
fleets carried more than half of the country’s truck freight
and represented 43% of the $585 billion spent on truck
transport.
Looking forward, private fleets will likely see 2% annual
growth through 2014, compared to a projected 2.5% annual
growth of for-hire truckload carriers and 3% for lessthan-truckload carriers over the same period, according to
projections by American Trucking Associations and Global
Insight, Inc.
The modern private fleet may be the best solution for a
company, or one of several solutions. Many companies still
successfully operate the traditional private-fleet business
model, but the emerging trend is toward a “blended” fleet
operation in which the pure private fleet is but one component among several service modes deployed by the company.
The blended company typically consists of a private fleet
serving as both an inside trucking and for-hire service
provider in addition to dedicated fleets managed by for-hire
companies. Also, maintenance services may be outsourced
and third-party logistics services added to the mix at some
terminal locations.
In whatever context, private fleets represent a value system
(Continued from previous page)
center to store for retail grocery chains, wholesale
grocery distributors and food manufacturing using
dedicated fleets when our customers choose to
replace their in-house fleets,” said Wynne Breeden, vice chairman of Transport Industries.
Breeden said his company uses
owner-operators exclusively for
what he called the “combination of
high service, efficiency and low
turnover.”
Kochersperger said he expects outsourcing to continue to grow, but he
said there are some signs that the
pendulum could swing back toward
private fleets.
Safeway recently exercised an
option to retake control of logistics
at its distribution center in Tracy,
Calif. The center, which serves 260 food and
drug stores in the northern California region,
was outsourced to Summit Logistics, a unit of
Tibbett & Britten Group North America, in
1997.
A spokesman for Tibbett & Britten said
Safeway’s decision was made on “economic
of quality service — one which
must be rigorously justified by
financial performance better
than going-market rates. Features common to thriving private
fleets are:
■ A seasoned management
team of professionals in place for
the long term.
■ The right number of vehicles,
fully utilized year-round.
■ Innovative technology for collecting and analyzing data.
■ Backhaul loads solicited to
Gary F. Petty
optimize fleet efficiency.
■ Consistently operating, lane by lane, at lower overall
cost than for-hire carriers doing the same shipments.
■ Accounting systems in position to accurately measure
the fleet’s value.
■ A performance-based program to pay and recognize
quality drivers.
Companies retain private fleets in order to provide consistent,
flexible, top-tier service. In addition, productivity is enhanced
in the long run because fleet capacity serves at the pleasure of
corporate requirements. These goals are met largely as a result
of driver longevity — a hallmark of private fleets.
In the current environment of for-hire trucking, it is quite
common for some carriers to see more than 100% annual
driver turnover, while the quality of driver applicants continues to sink. In contrast, the private fleet driver often has 20
or more years with the same company. He (and, increasingly,
she) is the familiar, trusted face year in and year out, providing reliability and commitment.
The typical private fleet driver has an exceptional safety
and on-time delivery record and is the image of the company
and bearer of its reputation.
Drivers of good quality are the result of strategic corporate
investments providing “care and feeding” incentives to keep
good folks in service for a long time.
The best fleet managers are supply-chain generalists who
work hard to ensure that a corporation’s private fleet is an
integral contributor to its success. They and their fleets have
a future.
Michael James—Transport Topics
The Enduring Value of Private Fleet Trucking
The National Private Truck Council in Alexandria, Va.,
represents private motor carrier fleets and their suppliers.
grounds,” and not related to performance.
Tibbett & Britten continues to operate a
Safeway distribution center in western Canada and provides a wide range of transportation and logistics services to manufacturers
and distributors of food and beverages, cloth-
Manufacturers prefer full
president of ES3 LLC, a former division of
C&S Wholesale Grocers. The latter now
operates as an independent consulting and
distribution firm.
Manufacturers prefer full truckload
shipments, long lead times and minimal
product mix, while retailers demand
smaller shipments, increasing delivery frequency and more product
variety.
To reconcile these conflicts, Davis
said, ES3 has developed a new
distribution model that brings products from multiple manufacturers
into one facility. The products
are then sorted and loaded into
trailers for delivery on demand to
retailers.
By using information technology
and automation to “synchronize”
supply and demand, Davis said, retailers can
receive a single case of product at the store
level for about the same cost as a truckload
delivery at the warehouse.
“We’re a mixing center,” Davis said. “We
don’t buy and sell products. We are purely a
fulfiller.”
truckload shipments, long lead
times and minimal product mix.
ing and other consumer goods. Its customers
include Wal-Mart in Canada, Kroger, Procter
& Gamble, United Supermarkets and Shopper’s Drug Mart.
Distributors face conflicting economic
pressures from manufacturers and retailers,
according to Geoff Davis, executive vice
Transport Topics
Private Carrier 100
Alphabetical Index
The
Company . . . . . . . . . . . . . . . . . . . . . Rank
A
Ace Hardware . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54
Archer Daniels Midland . . . . . . . . . . . . . . . . . . . . . 26
ADM Shipping
ADM Trucking
American River Transportation Co.
Advanced Drainage Systems . . . . . . . . . . . . . . . . . 58
Ahold USA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Air Liquide America . . . . . . . . . . . . . . . . . . . . . . . . 43
Air Products and Chemicals . . . . . . . . . . . . . . . . . 18
Albertson’s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Allegience Healthcare Corp.. . . . . . . . . . . . . . . . . . 46
Amerada Hess Corp. . . . . . . . . . . . . . . . . . . . . . . . 99
Andersen Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . 92
Ashland Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
Ashley Furniture Industries . . . . . . . . . . . . . . . . . . 41
Ashley Distribution Services
Associated Wholesale Grocers . . . . . . . . . . . . . . . 89
Elite Logistics
Autozone . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75
RANK
2002
1
2003
RANK
2001
3
B
Batesville Casket Co. . . . . . . . . . . . . . . . . . . . . . . . 34
Batesville Logistics
Ben E. Keith Co.. . . . . . . . . . . . . . . . . . . . . . . . . . . 49
BMC West . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91
BOC Gases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Boise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78
BP Corp. North America . . . . . . . . . . . . . . . . . . . . 55
Bridgestone Americas Holding . . . . . . . . . . . . . . . 97
Bunzl Distribution . . . . . . . . . . . . . . . . . . . . . . . . . 60
2
2
3
1
4
4
Earle M. Jorgensen Co. . . . . . . . . . . . . . . . . . . . . . 80
Emerson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72
EOTT Energy Corp . . . . . . . . . . . . . . . . . . . . . . . . . 70
ExxonMobil Corp. . . . . . . . . . . . . . . . . . . . . . . . . . 85
5
N/A
G
J
Johnson Controls . . . . . . . . . . . . . . . . . . . . . . . . . 63
J.R. Simplot Co. . . . . . . . . . . . . . . . . . . . . . . . . . . 39
Ahold USA
Chantilly, Va.
(Royal Ahold N.V., The Netherlands)
6,391 tractors
844 trucks
8,989 trailers
$43.7 billion
Wal-Mart Stores
Bentonville, Ark.
NYSE: WMT
Rollin Ford, Executive Vice President of
Logistics
6,000 tractors
30,000 trailers
$244.5 billion
Tyson Foods
Springdale, Ark.
NYSE: TSN
Donnie Smith, Senior Vice President of
Supply Chain Management
2,069 tractors
312 trucks
3,369 trailers
$23.4 billion
McLane Co.
Temple, Texas
NYSE: BRKA (Berkshire Hathaway)
Robbie Wainwright, Vice President,
Logistics and International
1,900 tractors
2,550 trailers
$22.1 billion
1,482 tractors
44 trucks
7,841 trailers
$51.8 billion
1,276 tractors
263 trucks
2,018 trailers
$23.3 billion
1,258 tractors
4,549 trailers
$19.1 billion
1,250 tractors
4,100 trailers
$32.4 billion
www.mclaneco.com
6
12
H
Halliburton Energy Services . . . . . . . . . . . . . . . . . 11
H.E. Butt Grocery Co. . . . . . . . . . . . . . . . . . . . . . . 48
Parkway Transportation
Hulcher Services . . . . . . . . . . . . . . . . . . . . . . . . . . 74
Huttig Building Products . . . . . . . . . . . . . . . . . . . . 90
$23.4 billion
www.tyson.com
F
General Electric Co. . . . . . . . . . . . . . . . . . . . . . . . . 66
Genuine Parts Co. . . . . . . . . . . . . . . . . . . . . . . . . . 51
Georgia-Pacific Corp. . . . . . . . . . . . . . . . . . . . . . . . 7
Gilster-Mary Lee Corp. . . . . . . . . . . . . . . . . . . . . . 29
Gold Kist . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Gordon Food Service. . . . . . . . . . . . . . . . . . . . . . . 32
Griffin Industries . . . . . . . . . . . . . . . . . . . . . . . . . . 94
Grocers Supply . . . . . . . . . . . . . . . . . . . . . . . . . . . 95
7,199 tractors
1,489 trucks
8,756 trailers
www.walmartstores.com
E
Foamex LP. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
Food Services of America . . . . . . . . . . . . . . . . . . . 86
Foster Farms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62
Frito Lay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
ANNUAL
SALES
www.aholdusa.com
www.usfoodservice.com
D
Darling International . . . . . . . . . . . . . . . . . . . . . . . 23
Dawn Foods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93
Delhaize . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Domino’s Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83
Dot Foods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38
Dot Transportation
Sysco Corp.
Houston
NYSE: SYY
William Day, Vice President, Supply
Chain Management
Gary Cullen, Vice President,
Distribution Services
EQUIPMENT
2002
www.sysco.com
C
Cargill Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76
Carpenter Co.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
Cenex Harvest States Cooperatives . . . . . . . . . . . . 61
Costco Wholesale . . . . . . . . . . . . . . . . . . . . . . . . 100
COMPANY
The Kroger Co.
Cincinnati
NYSE: KR
William Boehm, Group Vice President
www.kroger.com
7
6
I
Integris Metals. . . . . . . . . . . . . . . . . . . . . . . . . . . . 84
Georgia-Pacific Corp.
Atlanta
NYSE: GP
Robert Pugh, Vice President, Building
Products
K
Keebler Foods Co. . . . . . . . . . . . . . . . . . . . . . . . . . 27
Kraft Foods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Kroger Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
L
www.gp.com
8
9
Land O’ Lakes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
Leggett & Platt. . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
M
Marriott Distribution Services . . . . . . . . . . . . . . . . 68
McKee Foods Group . . . . . . . . . . . . . . . . . . . . . . . 28
McLane Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
McLane Grocery
McLane Foodservice
Salado Sales
Vantix Logistics
Visilinx
(Continued on p. 14)
Supervalu Transportation
Minneapolis
NYSE: SVU
Ron Perington, Director of Supply Chain
www.supervalu.com
9
15
Safeway Inc.
Pleasanton, Calif.
NYSE: SWY
Tom Narkter, Vice President of
Transportation
www.safeway.com
100
Private
Carriers
DESCRIPTION OF BUSINESS
Distributes food and related products and services to restaurants, hotels, schools, hospitals, retirement homes
and other locations where meals are prepared away from home from 146 distribution facilities.
Operates more than 1,600 supermarkets and convenience stores, including Bruno's Supermarket, BI-LO LLC,
Stop & Shop Supermarkets, Tops Markets, Giant Food (Carlisle, Pa.) and Giant Food (Maryland).
USFoodservice distributes foodservice products to more than 300,000 customers, including restaurants,
hotels, healthcare facilities, cafeterias and schools, includes operations of PYA Monarch, Parkway Food
Service, Mutual Distributors and Alliant Foodservice.
Peapod Inc. provides home delivery services (owns majority interest).
Operates 1,568 discount department stores, 1,258 Supercenters, 525 Sam’s Clubs and 49 Neighborhood
Markets in the U.S., plus 213 stores in Canada and and 579 stores in Mexico. Wal-Mart private fleet distributes
goods through 84 Wal-Mart distribution centers and 19 Sam's Club distribution centers.
Processes and sells beef, chicken, pork and other food products from 130 production facilities, 11 cold storage
warehouses, 10 distribution centers and 37 feed mills in the U.S. and 22 countries, includes operations of IBP
Inc., now Tyson Fresh Meats.
McLane Grocery Distribution delivers food and groceries to convenience stores, drug stores, mass
merchandisers, wholesale clubs and movie theaters through 18 distribution centers.
McLane Foodservice delivers food and service items to quick-service restaurant chains through 18 distribution
centers.
Professional Datasolutions provides software and point-of-sale automation systems to convenience stores
and vendors.
Salado Sales develops and distributes private-label food products.
Vantix Logistics provides supply chain consulting and transportation management.
Visilinx provides remote management technology to retailers.
Operates 2,488 supermarkets and department stores in 32 states, including Kroger, Ralph’s, Fred Meyer,
Food4Less, Foods Co, King Soopers, Smith’s, Fry’s, Dillon, Quality Food Centers, Owens, Jay C, Hilander,
Gerbes, Pay Less, Bakers, Cala Foods, Bell Markets, and City Market. Kroger also operates 441 fine jewelry
stores, including Fred Meyer, Littman and Barclay Jewelers, 784 convenience stores, including Turkey Hill Mini
Market, Kwik Shop, Loaf ’N Jug Mini Marts, Quik Stop and Tom Thumb Food Stores, 386 supermarket fuel
centers and 41 food processing plants.
Manufactures and distributes tissue products, disposable tabletop products, container board and packaging,
bleached pulp and paper, building products and chemicals.
Distributes food, groceries and general merchandise to more than 6,000 stores in 48 states through 43
distribution centers.
Operates 1,694 supermarkets and drug stores in the U.S. and western Canada, including Genaurdi’s Family
Markets, Pavillions, Randalls/Tom Thumb, Pak ’n Save Foods, Carrs and Vons Grocery. Safeway also manufactures
milk, bread, ice cream, cheese and meat products, soft drinks, fruits and vegetables and pet food at 22 processing
plants in the U.S. and 12 in Canada and distributes grocery products through 12 distribution centers in the U.S. and
three in Canada.
Casa Ley, S.A. de C.V. sells food and general merchandise in western Mexico (owns 49% interest).
GroceryWorks.com provides Internet and home delivery service.
Food, Retail
Merchandise
Distributors
Top Private List
By Daniel P. Bearth
T
here are changes at the top and throughout
the 2003 T RANSPORT T OPICS 100 list of the
nation’s largest private carriers.
Wal-Mart Stores’ decision to sell off its foodservice distribution subsidiary, McLane Co., knocked
the Bentonville, Ark.-based retailer out of its position as the top-ranked private carrier, based on
the number of tractors in its fleet.
Taking over the top spot is Sysco Corp., a
nationwide foodservice distributor that leapfrogged over No. 2 Ahold USA with a fleet of
nearly 7,200 tractors and 8,756 trailers.
Sysco’s growth has been fueled by a steady diet
of acquisitions of local and specialty distribution
companies. Now, in addition to making acquisitions, the company has begun to build as many as
12 re-distribution centers across the country. The
first such facility, located in Front Royal, Va., will
be a base of operations for a private fleet with as
many as 300 drivers making daily deliveries to
local foodservice distributors.
Distributors of food and retail merchandise continued to dominate the 2003 TT Private 100,
accounting for 56 out of 100 companies listed.
Industrial and building products were second on
the list with 19 companies, followed by petrochemical firms (14), paper and wood (6), automotive parts (3) and miscellaneous (2).
The 2003 TT Private 100 leaves off some sizable
fleet operators, such as Interstate Bakeries (No. 5
in 2002) and International Paper (No. 17),
because data were either unavailable or could not
be confirmed.
Some fleets dropped off the list because operations were outsourced to third-party service
providers. Those fleets included Farmland Industries (No. 38 in 2002), Kmart (No. 71) and Wayne
Farms (No. 83). Smurfit-Stone Container Corp.
(No. 40 in 2002) and Greif Bros. (No. 98) also
downsized private fleet operations and fell just
under the threshold of 150 tractors for this year’s
list.
Fleming Cos. (No. 8 in 2002, unranked in 2003)
is in the process of selling its wholesale grocery
distribution business to C&S Wholesale Grocers,
a fast-growing, publicity-shy Brattleboro, Vt.based food distributor that is not included, in
part, because company officials would not disclose the number of tractors in its fleet.
C&S, along with Canada-based Tibbett & Britten Group North America and contract carrier
Transport Industries of Dallas, specialize in providing dedicated equipment to food stores. Tibbett & Britten also provides logistics consulting
and warehouse design services.
Corporate spin-offs created two of the new
fleets on the TT Private 100 list this year. McLane
came in at No. 5 with a fleet of 1,900 tractors, and
UniSource Worldwide, once part of Georgia
Pacific Corp., came in at No. 20 with 807 tractors.
Information on the size of private carriers came
principally from the 2003 North American Truck
Fleet Directory published by American Trucking
Associations and directly from company management. The fleets are ranked by the number of
tractors because that is thought to be the best way
to measure a shipper’s capacity to haul freight.
Excluded from the TT Private 100 are government, utility and vocational fleets, including beverage, farm and home fuel delivery fleets because
of their specialized use.
The TT Private 100
RANK
2002
10
RANK
2001
11
COMPANY
Frito-Lay North America
Plano, Texas
NYSE: PEP (PepsiCo)
Pete Silva, National Director of Fleet
Operations
2002
EQUIPMENT
ANNUAL
SALES
1,237 tractors
2,582 trucks
13,893 stepvans
4,491 trailers
$14.3 billion
Manufactures, distributes and sells potato chips, tortilla chips, cheese-flavored snacks, granola bars, corn chips
and dips and salsa in the U.S. and Canada.
1,216 tractors
1,175 trucks
2,096 trailers
$12.6 billion
Provides products and services for oil and gas development and production and offers engineering and
construction services to the energy industry.
1,160 tractors
3,278 trailers
$37.9 billion
Operates food and drug stores under Albertson’s, Albertson’s-OSCO, Albertson’s Sav-on, Jewel-OSCO, Acme,
Grocery Warehouse, Sav-on Drugs, SavonHealth.com, OSCO Drug, Max Foods, Super Saver and Seessel’s 33
states with 19 distribution centers.
1,054 tractors
107 trucks
1,644 trailers
$12.3 billion
Manufactures and distributes food products and groceries from 19 production plants and 16 distribution centers
to 1,073 supermarkets, 34 fuel centers and 7 liquor stores in 14 states.
899 tractors
147 trucks
1,694 trailers
$1.2 billion
Distributes industrial gases throughout North America.
897 tractors
352 trucks
2,049 trailers
$18.5 billion
Grows and harvests timber; manufactures, distributes and sells wood products, pulp, paper and containerboard,
includes Williamette Industries acquired in February 2002.
849 tractors
55 trucks
3,021 trailers
$4.3 billion
Manufactures carpets, rugs, hardwood, laminate and ceramic floors for residential and commercial purposes.
836 tractors
61 trucks
2,398 trailers
$21.7 billion
Operates 1,485 supermarkets and 11 distribution centers in 16 states under the Food Lion, Hannaford Bros. and
Kash n’ Karry names.
833 tractors
227 trucks
2,004 trailers
$5.4 billion
Produces and distributes industrial gases and chemicals for electronics and chemical processing industries
worldwide.
823 tractors
117 trucks
1,415 trailers
$7.4 billion
Produces and markets pork and beef products under the names Smithfield Packing, John Morrell & Co., Gwaltney
of Smithfield, Moyer Packing Co., North Side Foods, Quick-to-Fix, Krakus Foods, Stefano Foods, RMH Foods and
Schneider Foods (Canada). Murphy-Brown LLC is the world's largest hog producer.
807 tractors
606 trucks
1,100 trailers
$4.7 billion
Distributes printing and imaging paper, packaging systems and facility supplies from more than 100 distribution
centers in North America.
777 tractors
60 trucks
1,069 trailers
$3.9 billion
Owns companies involved in food and beverage distribution.
The Martin Brower Co. distributes food and supplies to McDonald’s restaurants through 20 distribution centers in
the U.S. and Canada.
Premium Distributors of Virginia, Chicago Beverage Systems and Harbor Distributing distribute beer.
www.frito-lay.com
11
16
Halliburton Energy Services
Houston
NYSE: HAL
Randall Harris, Fleet Operations Manager
www.halliburton.com
12
10
Albertson’s
Boise, Idaho
NYSE: ABS
Clarence “Gabe” Gabriel, Executive Vice
President, Supply Chain Management
www.albertsons.com
13
14
Winn-Dixie Stores
Jacksonville, Fla.
NYSE: WIN
Richard Judd, Vice President of
Warehousing & Distribution
www.winndixie.com
14
21
BOC Gases
Murray Hill, N.J.
NYSE: BOX (BOC Group)
Frederic Kinkin, Vice President,
Distribution and Logistics
www.boc.com
15
32
Weyerhaeuser Co.
Tacoma, Wash.
NYSE: WY
Don Trantham, Manager, Transportation
Safety
www.weyerhaeuser.com
16
N/A
Shaw Industries
Dalton, Ga.
NYSE: BRK.A (Berkshire Hathaway)
Greg Whisenant, Transportation Safety
Manager
www.shawinc.com
17
25
Delhaize America
Salisbury, N.C.
NYSE: DEG (Delhaize Group)
Dennis McCoy, Vice President of
Distribution (Food Lion)
Harold Martin, Director of Transportation
(Hannaford, Kash n’ Karry)
www.delhaizegroup.com
18
27
Air Products & Chemicals
Allentown, Pa.
NYSE: APD
W.K. Bender, North American Fleet
Operations Manager
www.airproducts.com
19
N/A
Smithfield Foods
Smithfield, Va.
NYSE: SFD
Tim Jordan, Director of Transportation
www.smithfieldfoods.com
20
N/A
UniSource Worldwide, Inc.
Norcross, Ga.
(Bain Capital/Georgia Pacific Corp.)
Larry Ahlers, Vice President of
Transportation
www.unisourcelink.com
21
45
Reyes Holdings LLC
Rosemont, Ill.
Don Van Witzenburg, Director of Fleet
Operations
no web site
Private Carriers
RANK
2002
22
RANK
2001
22
COMPANY
Leggett & Platt
Carthage, Mo.
NYSE: LEG
Rick White, Fleet Operations Manager
2002
EQUIPMENT
ANNUAL
SALES
746 tractors
76 trucks
1,552 trailers
$4.3 billion
709 tractors
1,176 trucks
2,260 trailers
$262 million
653 tractors
160 trucks
1,030 trailers
$2.5 billion
Processes and distributes chickens and turkeys under the Pilgrim’s Pride and Wampler Foods brands to retail
stores and restaurants in the U.S. and Mexico.
638 tractors
1,041 trucks
1,048 trailers
$5.1 billion
Supplies industrial gases and metal and ceramic coatings to food and beverage, healthcare, semiconductors,
petrochemical and metal fabrication industries.
600 tractors
500 trucks
2,000 trailers
$23.5 billion
Processes soybeans, corn, wheat and cocoa into soy meal and oil, ethanol, high-fructose corn syrup and flour at
275 processing plants worldwide.
ADM Trucking transports agricultural commodities and products by truck.
American River Transportation Co. transports agricultural commodities by barge.
ADM Shipping transports agricultural products by rail.
572 tractors
167 trucks
766 trailers
N/A
Produces and distributes cookie and cracker products.
556 tractors
189 trucks
988 trailers
$978 million
Manufactures and distributes snack cakes and granola cereal products to retail stores and vending machines from
three production facilities.
555 tractors
1,583 trailers
N/A
Manufactures and distributes more than 500 private label food products from 14 production facilities.
550 tractors
40 trucks
650 trailers
$2.4 billion
Distributes food and supplies to pizza and Italian restaurants, sandwich chains, theaters, commissaries, office
coffee service and vending operations through 27 distribution centers.
Vistar/VSA distributes products for fund-raising activities.
538 tractors
103 trucks
1,248 trailers
$2.3 billion
Provides distribution services to chemical, coatings, electronics, food and pharmaceutical, forest products,
mining, oil and gas, textiles and waste-management industries.
530 tractors
107 trucks
1,008 trailers
$2.8 billion
Distributes national brand and private label food products through 13 distribution centers in the U.S. and Canada
and 90 GFS Marketplace stores in four states.
524 tractors
86 trucks
710 trailers
43 buses
$1.8 billion
Produces and distributes chicken products to retail, institutional and fast food customers.
503 tractors
580 trucks
1,322 trailers
$621 million
Produces burial caskets, cremation products and funeral service support programs.
Batesville Logistics provides for-hire trucking services.
Manufactures components for residential furniture and bedding, retail store fixtures, office furniture, aluminum die
castings, drawn steel wire, automotive seat support and lumbar systems and bedding industry machinery.
www.leggett.com
23
26
Darling International
Irving, Texas
AMEX: DAR
Rodney Baldwin, Fleet Operations
Manager
Reprocesses animal and food waste products for sale to animal feed producers, pet food manufacturers,
oleochemical, soap and detergent companies worldwide.
www.darlingii.com
24
24
Pilgrim’s Pride Corp.
Pittsburg, Texas
NYSE: CHX
Don Owen, Fleet Safety Manager
www.pilgrimspride.com
25
28
Praxair Inc.
Danbury, Conn.
NYSE: PX
Roger Smeltzer, Fleet Operations
www.praxair.com
26
19
Archer Daniels Midland
Decatur, Ill.
NYSE: ADM
Craig Huss, President, Transportation
Division
www.admworld.com
27
33
Keebler Foods Co.
Elmhurst, Ill.
NYSE: K (Kellogg Co.)
Richard Allen, Fleet Operations Manager
www.keebler.com
28
74
McKee Foods Group
Collegedale, Tenn.
Nancy Nelson, Corporate Transportation
Administrator
www.mckeefoods.com
29
67
Gilster-Mary Lee Corp.
Chester, Ill.
www.gilstermarylee.com
30
39
Vistar Corp. (formerly Multifoods
Distribution Group)
Centennial, Colo.
(Wellspring Capital Management LLC)
John Gardiner, Director of Logistics and
Operations
www.vistarvsa.com
31
47
Univar USA (formerly Vopak USA)
Kirkland, Wash.
(Univar N.V., The Netherlands)
Ed Higbee, National Fleet Manager
www.vopakusa.com
32
N/A
Gordon Food Service
Grand Rapids, Mich.
David Ponstein, Transportation Manager
www.gfs.com
33
36
Gold Kist
Atlanta
Vic Vickers, Fleet Manager
www.goldkist.com
34
37
Batesville Casket Co.
Batesville, Ind.
NYSE: HB (Hillenbrand Industries)
John Siebert, Transportation Manager
www.batesville.com
The TT Private 100
RANK
2002
35
RANK
2001
56
COMPANY
Performance Food Group
Richmond, Va.
Nasdaq: PFGC
Bill Summers, Logistics Manager
2002
EQUIPMENT
ANNUAL
SALES
457 tractors
39 trucks
593 trailers
$4.4 billion
Distributes food and service products to restaurants, hotels, cafeterias, schools and healthcare facilities through
19 distribution centers, includes Middendorf Meat Co. acquired July 2002.
Fresh Express markets packaged salads and fresh produce to supermarkets.
Redi-Cut Foods buys, processes, packages and distributes fresh produce to quick-service restaurants.
454 tractors
2,167 trucks
1,128 trailers
$29.7 billion
Manufactures and sells packaged food and beverages in the U.S., Canada, Mexico and other international markets.
452 tractors
30 trucks
524 trailers
N/A
Distributes food and beverages, chemical and janitorial supplies, paper and cutlery products through nine
distribution centers.
450 tractors
650 trailers
$1.5 billion
Distributes food and flatware, janitorial supplies and other supplies to food processors and distributors under the
name Dot Transportation.
445 tractors
7 trucks
711 trailers
$2.8 billion
Manufactures fertilizer and animal feed, veterinary products and grass seed, processes fruits and vegetables and
supplies industrial chemicals, irrigation products and silica.
444 tractors
858 trucks
1,231 trailers
N/A
Produces and distributes dairy and non-dairy products through four joint-venture dairy cooperatives: Hiland Dairy
Foods, Roberts Dairy, Muller Pinehurst Dairy and Ideal American.
Ice Cream Specialties manufactures and distributes frozen ice cream bars and sandwiches.
PFD Supply distributes food and paper products to fast-food outlets.
444 tractors
9 trucks
1,123 trailers
$1.09 billion
Manufactures and distributes furniture and bedding and operates 90 Ashley HomeStores.
Ashley Distribution Services operates as a for-hire truckload carrier.
442 tractors
301 trucks
781 trailers
$6.6 billion
Manufactures and distributes food, beverage and pet care products, includes Dreyer’s Ice Cream acquired June
2003.
429 trailers
80 trucks
1,865 trailers
$8.28 billion
Supplies industrial and medical gases and related services to the steel and oil refining, chemistry and glass,
electronics and paper, metallurgy and food processing, healthcare and aerospace industries.
428 tractors
215 trucks
1,774 trailers
$2.7 billion
Produces chicken and turkey food products for supermarkets and grocery stores and markets poultry products
nationwide. The Grain & Oilseed Division operates soybean crushing plants, protein conversion plants, ingredient
blending operations, edible oil refineries and grain export and storage facilities.
Perdue Transportation delivers fresh poultry to stores.
416 tractors
6 trucks
753 trailers
$1.9 billion
Distributes and sells grocery products through 159 stores in six states, including Weis Markets, Mr. Z’s, King’s,
and Scot’s Lo-Cost. Weis Markets also owns SuperPetz, a pet supply superstore with 33 locations in 11 states.
407 tractors
48 trucks
459 trailers
$38.7 billion
Manufactures and distributes medical, surgical and laboratory products to healthcare locations in the U.S.
404 tractors
63 trucks
777 trailers
$7.54 billion
Manufactures and distributes petroleum, chemical and highway construction products and services.
402 tractors
223 trucks
1,581 trailers
$9.9 billion
Operates more than 300 grocery stores in Texas, Louisiana and Mexico and distributes goods through Parkway
Transportation.
www.pfgc.com
36
23
Kraft Foods
Northfield, Ill.
NYSE: KFT
Thomas Domanski, Director,
Transportation Operations
Brian Rouse, Associate Director, Private
and Dedicated Fleets
www.kraft.com
37
42
Reinhart Foodservice
La Crosse, Wis.
www.reinhartfoodservice.com
38
N/A
Dot Foods
Mount Sterling, Ill.
Joe Tracy, President
www.dotfoods.com
39
43
J.R. Simplot Co.
Boise, Idaho
Ed Brandt, General Manager
www.simplot.com
40
50
Prairie Farms
Carlinville, Ill.
Jay Naples, Fleet Operations Manager
www.prairiefarms.com
41
N/A
Ashley Furniture Industries
Arcadia, Wis.
Larry Corey, Director of Transportation
www.ashleyfurniture.com
42
57
Nestlé USA
Glendale, Calif.
OTC: NSRGY (Nestlé S.A. Switzerland)
David Packenham, General Manager,
Nestlé Transportation
www.nestleusa.com
43
49
Air Liquide America
Houston
Raymond Sidenblad, Fleet Manager
www.airliquide.com
44
46
Perdue Farms
Salisbury, Md.
Ray Hall, Transportation Manager
www.perdue.com
45
84
Weis Markets
Sunbury, Pa.
NYSE: WMK
Steve Richie, Fleet Maintenance
Superintendent
www.weismarkets.com
46
51
Allegiance Healthcare Corp.
McGaw Park, Ill.
NYSE: CAH (Cardinal Health)
Chris Berry, Private Fleet Analyst
www.allegiance.net
47
41
Ashland Inc.
Covington, Ky.
NYSE: ASH
Suzanne Taleghani, Vice President,
Logistics and Purchasing
www.ashland.com
48
58
H.E. Butt Grocery Co.
San Antonio
Ken Allen, Senior Vice President of
Distribution
www.heb.com
Private Carriers
RANK
2002
49
RANK
2001
48
COMPANY
Ben E. Keith Co.
Fort Worth, Texas
Paul Holten, Fleet Vice President
2002
EQUIPMENT
ANNUAL
SALES
400 tractors
6 trailers
$1.2 billion
Distributes produce, frozen foods, meats, dry groceries, paper goods, equipment and supplies to restaurants,
hospitals, schools, nursing homes and other institutional businesses through seven distribution centers. Ben E.
Keith Beers sells Anheuser-Busch products in 54 counties in Texas.
385 tractors
178 trucks
900 trailers
$6 billion
Manufactures and distributes milk, butter and cheese from more than 200 production and distribution facilities to
supermarkets and food service companies. The company also supplies member cooperatives with feed, seed,
plant food and crop protection products.
375 tractors
490 trucks
930 trailers
$8.2 billion
Distributes automotive and industrial replacement parts, office products and electrical/electronic materials through
NAPA Automotive Parts Group, EIS, Com-Kyl, Circuit Supply, Lamination Company of America, the S.P. Richards
Co. and Motion Industries.
375 tractors
1,085 trucks
146 trailers
$2.2 billion
Produces and distributes construction materials, such as ready-mix concrete, cement, drywall and concrete
blocks.
New Line Transport provides trucking services in Florida.
350 tractors
150 trucks
$953 million
Manufactures and distributes metal components for building construction. The company also produces
pre-engineered metal building systems, supplies metal roofs and provides metal coating and painting services.
331 tractors
91 trucks
742 trailers
$3 billion
Distributes hardware and related products to 5,100 member stores and manufactures paint products.
330 tractors
$30 billion
Produces, refines and markets oil and gas and has subsidiaries in the chemical, exploration, gas and power and
solar industries worldwide.
325 tractors
1,000 trailers
$5.2 billion
Manufactures and markets paint, coatings and varnish through 2,650 retail stores in North America.
318 tractors
1 truck
540 trailers
$15.8 billion
Operates 3,404 drug stores in 28 states and the District of Columbia.
315 tractors
81 trucks
475 trailers
N/A
Manufactures polyethylene pipe for agricultural, waste-management, mining, timber, residential and highway
drainage markets.
310 tractors
130 trucks
379 trailers
$2.8 billion
Produces crushed stone, sand and gravel and manufactures caustic soda, chlorine and other industrial and
specialty chemicals.
310 tractors
35 trucks
400 trailers
$4.2 billion
Supplies disposable plastic and paper packaging, store supplies and cleaning products through 67 warehouses.
307 tractors
1,871 trucks
836 trailers
$7.8 billion
Owns oil refinery and pipeline, markets refined petroleum products and food products through nearly 800
Cenex/Ampride retail stores, supplies fertilizer and crop protection products, manufactures flour and corn tortilla
chips, salsa and prepared Mexican foods for restaurants and grocery stores, produces margarine, salad dressings,
sauces and vegetable oils and operates grain storage and export facilities.
307 tractors
604 trailers
$1.4 billion
Processes and distributes chicken and turkey products.
www.benekeith.com
50
34
Land O’ Lakes
Arden Hills, Minn.
Roger Nordvedt, Milk Assembly Manager
www.landolakesinc.com
51
55
Genuine Parts Co.
Atlanta
NYSE: GPC
Paul Williams, General Manager
www.genpt.com
52
53
Rinker Materials Corp.
West Palm Beach, Fla.
Bill Meyer, General Manager
www.csrainternational.com
53
59
NCI Building Systems
Houston
NYSE: NCS
Donnie Wilson, Fleet Manager
www.ncilp.com
54
54
Ace Hardware Corp.
Oak Brook, Ill.
Michael Lyons, Corporate Fleet Manager
www.acehardware.com
55
44
BP Corp. North America
Chicago
NYSE: BP
James Cundy, National Transport Manager
www.bp.com
56
N/A
The Sherwin-Williams Co.
Cleveland
NYSE: SHW
Sam Hanania, Director of Transportation
www.sherwin-williams.com
57
63
Rite Aid Corp.
Camp Hill, Pa.
NYSE: RAD
Ronald Miller, Senior Vice President,
Distribution
www.riteaid.com
58
65
Advanced Drainage Systems
Hilliard, Ohio
Larry Ogg, Fleet Operations Manager
www.ads-pipe.com
59
60
Vulcan Materials
Birmingham, Ala.
NYSE: VMC
Gregory Stevenson, Fleet Operations
Manager
www.vulcanmaterials.com
60
66
Bunzl Distribution
St. Louis
Bruce Lewis, Vice President, Distribution
& Logistics
www.bunzldistribution.com
61
75
Cenex Harvest States Cooperatives
Inver Grove Heights, Minn.
Kelly Morrow, Director, CHS
Transportation
www.chsco-ops.com
62
95
Foster Farms
Livingston, Calif.
Ron Hackworth, Operations Manager
www.fosterfarms.com
The TT Private 100
RANK
2002
63
RANK
2001
68
COMPANY
Johnson Controls
Milwaukee
NYSE: JCI
Christy Koyet, National Fleet Manager
2002
EQUIPMENT
ANNUAL
SALES
296 tractors
931 trailers
$20.1 billion
Supplies seating, interior systems and batteries for the automotive industry, building control systems and services,
energy and integrated facility management.
287 tractors
161 trucks
302 trailers
$14.3 billion
Refines and markets gasoline and petroleum products through 4,300 retail outlets and manufactures and sells
products used in the production of fibers, plastics, film and resins, plus high-quality coke for use in the steel
industry.
281 tractors
104 trucks
965 trailers
N/A
Manufactures and distributes polyurethane foam and fiber products.
279 tractors
115 trucks
776 trailers
$131.7 billion
Produces aircraft engines, locomotives and other transportation equipment, appliances (kitchen and laundry
equipment), lighting, electric distribution and control equipment, generators and turbines, nuclear reactors,
medical imaging equipment and plastics.
276 tractors
2,350 trailers
$11.3 billion
Operates 1,601 Toys “R” Us, Kids “R” Us, Babies “R” Us, and Imaginarium stores worldwide.
272 tractors
10 trucks
356 trailers
$18.6 billion
Operates and franchises lodging facilities worldwide, manages senior living communities, provides furnished
corporate housing and operates a network of food distribution centers in the U.S.
270 tractors
769 trailers
$3.6 billion
Distributes food products to more than 800 supermarkets in 14 states from nine distribution centers and operates
Pick ‘n Save Stores and Copps Food Centers in Wisconsin.
268 tractors
34 trucks
299 trailers
N/A
Purchases, transports, stores, processes and resells crude oil, refined petroleum products, natural-gas liquids and
other related products.
265 tractors
12 trucks
$1.3 billion
Produces cushioning for bedding, furniture, carpet and automotive markets and manufactures polymers for
applications in industrial, aerospace, defense, electronics and computer industries.
260 tractors
944 trailers
$13.8 billion
Sells industrial automation systems, electronics and telecommunications, power management and heating,
ventilating, air conditioning, and refrigeration products with 380 manufacturing locations in more than 150 countries.
257 tractors
24 trucks
320 trailers
$743.7 million
Produces, processes and sells fresh and frozen chicken and prepared food items to retailers, distributors and
fast-food operators. Foods Division sells frozen entrees and other specialty food products to distributors,
restaurants and retailers.
250 tractors
10 trucks
$550 million
Provides emergency response to incidents involving hazardous materials, train derailment and other emergency
situations.
248 tractors
441 trailers
$5.3 billion
Sells auto and light truck parts, chemicals and accessories through more than 3,107 stores in 44 states and
Mexico and sells automotive diagnostic and repair software.
www.johnsoncontrols.com
64
70
Sunoco Inc.
Philadelphia
NYSE: SUN
Deborah Fretz, President, Sunoco
Logistics
www.sunocoinc.com
65
92
Carpenter Co.
Richmond, Va.
www.carpenter.com
66
72
General Electric Co.
Fairfield, Conn.
NYSE: GE
Jeffrey Lyon, President,
GE Transportation
www.ge.com
67
N/A
Toys “R” Us, Inc.
Paramus, N.J.
NYSE: TOY
Larry Monaghan, Director of Fleet
Operations
www.tru.com
68
73
Marriott Distribution Services
Bethesda, Md.
NYSE: MAR
Jim Villarreal, Vice President of Logistics
www.marriott.com
69
69
Roundy’s Inc.
Pewaukee, Wis.
Russ Weber, Corporate Director of
Transportation
www.roundys.com
70
52
EOTT Energy Corp.
Houston
David Holland, Director of Fleet
Operations
www.eott.com
71
62
Foamex LP
Linwood, Pa.
Nasdaq: FMXI
Thomas Depcik, Director, Corporate
Transportation
www.foamex.com
72
81
Emerson
Bridgeton, Mo.
NYSE: EMR
Don Hollenkamp, Vice President and
General Manager, Transportation Division
www.emersontransportation.com
73
77
Sanderson Farms
Laurel, Miss.
Nasdaq: SAFM
Joe Stianche, Fleet Manager
www.sandersonfarms.com
74
N/A
Hulcher Services
Denton, Texas
Morris Hartung, Director of
Transportation
www.hulcher.com
75
79
Autozone
Memphis, Tenn.
NYSE: AZO
William Rhodes, Vice President of
Supply Chain and Information Technology
www.autozone.com
Private Carriers
RANK
2002
76
RANK
2001
N/A
COMPANY
Cargill Inc.
Wayzata, Minn.
2002
EQUIPMENT
ANNUAL
SALES
245 tractors
244 trucks
$50.8 billion
Distributes and sells grain, cotton, petroleum and fertilizer.
240 tractors
1,537 trucks
1,102 trailers
$3.8 billion
Provides water-treatment equipment and services for municipal, industrial and residential customers.
234 tractors
943 trucks
996 trailers
$7.4 billion
Manufactures and distributes paper, packaging and building materials in North America, Australia, New Zealand
and Brazil.
233 tractors
223 trucks
1,067 trailers
$41.1 billion
Sells clothing, hardware, appliances and other merchandise through 870 retail stores in the U.S.
Lands’ End Inc. sells clothes and merchandise through catalogs and online.
233 tractors
74 trucks
313 trailers
$895 million
Distributes steel and aluminum bars, tubing and pipe, plates and sheets and operates 35 steel service centers in
the U.S.
232 tractors
142 trucks
288 trailers
$1.9 billion
Distributes natural foods and supplements to more than 15,000 retail stores in the U.S. and Canada through 16
distribution facilities.
230 tractors
483 trailers
$1.5 billion
Manufactures rail cars, inland barges, structural steel beams and construction materials, pipe fittings, highway
guard rails and pressure vessels.
225 tractors
12 truck
230 trailers
$1.3 billion
Operates more than 7,200 pizza stores in 50 countries.
222 tractors
32 trucks
226 trailers
$2 billion
Produces aluminum, stainless steel and other metals.
220 tractors
220 trailers
$204.9 billion
Engages in the exploration, production, manufacture, transportation and sale of crude oil, natural gas and petroleum
products. The company also manufactures petrochemicals, packaging films and specialty chemicals.
219 tractors
212 trucks
251 trailers
$1.6 billion
Distributes food and restaurant supplies to customers in 15 states.
213 tractors
73 trucks
248 trailers
$3.96 billion
Distributes medical and surgical supplies to hospitals and healthcare providers.
210 tractors
10 trucks
360 trailers
$750 million
Processes and distributes steel and aluminum, tubing and bars from 39 locations.
210 tractors
450 trailers
$3.1 billion
Distributes grocery products through Elite Logistics.
www.cargill.com
77
80
USFilter
Palm Desert, Calif.
Subsidiary of Veolia Environmental
Brett Quigley, Corporate Fleet Director
www.usfilter.com
78
64
Boise
Boise, Idaho
NYSE: BCC
Roger Olds, General Manager Trucking
www.bc.com
79
88
Sears Roebuck & Co.
Hoffman Estates, Ill.
NYSE: S
William Pagonis, Executive
Vice President
www.sears.com
80
86
Earle M. Jorgensen Co.
Brea, Calif.
Eric Sand, Controller
www.emjmetals.com
81
91
Tree of Life
St. Augustine, Fla.
Subsidiary of Koninklijke Wessanen
Mark Sineath, Vice President, Corporate
Transportation
www.treeoflife.com
82
78
Trinity Industries
Dallas
NYSE: TRN
Patrick Turner, President, Trinity
Industries Transportation
www.trinitytrucking.com
83
N/A
Domino’s Inc.
Ann Arbor, Mich.
Robert Bredlow, National Transportation
Director
www.dominos.com
84
N/A
Integris Metals
Minneapolis
Ron Giles, Director of Operations
www.integrismetals.com
85
18
ExxonMobil Corp.
Irving, Texas
NYSE: XOM
Bob Manchester, U.S. Fleet Manager
www.exxonmobil.com
86
90
Food Services of America
Omaha, Neb.
(Services of America)
Bernie Kracht, Operations Manager
www.fsafood.com
87
N/A
Owens-Minor Inc.
Richmond, Va.
NYSE: OMI
www.owens-minor.com
88
94
O’Neal Steel
Birmingham, Ala.
Harry Clark, Traffic Manager
www.onealsteel.com
89
96
Associated Wholesale Grocers
Kansas City, Kan.
David Grisso, Director of Transportation
www.awginc.com
The TT Private 100
RANK
2002
90
RANK
2001
99
2002
EQUIPMENT
COMPANY
Huttig Building Products
Chesterfield, Mo.
NYSE: HBP
Michael Hasik, Director of Transportation
ANNUAL
SALES
208 tractors
89 trucks
399 trailers
$871 million
Distributes building products used in new residential construction and in home-improvement remodeling and
repair work through 57 distribution centers.
206 tractors
353 trucks
367 trailers
$1.2 billion
Manufactures and distributes building materials to construction sites.
196 tractors
134 trucks
467 trailers
$1.8 billion
Manufactures and distributes wood windows and doors to more than 1,400 dealers.
193 tractors
17 trucks
191 trailers
$750 million
Manufactures and distributes baked goods to restaurants.
191 tractors
298 trucks
848 trailers
N/A
Distributes animal waste products for animal feed, fertilizer, leather and biodiesel.
189 tractors
831 trailers
$1.5 billion
Distributes food and merchandise to supermarkets, drug stores, discount department stores, convenience stores
and schools.
162 tractors
87 trucks
229 trailers
$1.1 billion
Distributes dairy products such as milk, cottage cheese and sour cream.
167 tractors
563 trucks
183 trailers
$8.3 billion
Produces tires, air springs, roofing materials, synthetic rubber and industrial fibers.
160 tractors
20 trucks
220 trailers
N/A
Processes and distributes poultry products.
159 tractors
186 trailers
$11.9 billion
Markets oil and gas through 2,000 retail gas stations.
150 tractors
100 trucks
$35.8 billion
Operates 390 warehouse stores in North America.
www.huttig.com
91
N/A
BMC West
San Francisco
(Subsidiary of BMHC)
Nasdaq: BMHC
www.bmcwest.com
92
100
Andersen Corp.
Bayport, Minn.
Rita Knoll, Fleet Manager
www.andersencorp.com
93
N/A
Dawn Foods
Jackson, Mich.
Anthony Benjamin
www.dawnfoods.com
94
N/A
Griffin Industries
Cold Springs, Ky.
www.griffinind.com
95
89
Grocers Supply Co.
Houston
George Gaston, Fleet Operations Manager
www.grocerssupply.com
96
N/A
Shamrock Foods
Phoenix
www.shamrockfoods.com
97
N/A
Bridgestone Americas Holdings
Nashville, Tenn.
OTC: BRDCF (Bridgestone Corp.)
Ron Tartt, Senior Manager, Private Fleet
www.bfor.com
98
N/A
Simmons Foods
Siloam Springs, Ark.
www.simmonsfoods.com
99
N/A
Amerada Hess Corp.
New York
NYSE: AHC
www.hess.com
100
N/A
Costco Wholesale
Issaquah, Wash.
Nasdaq: COST
www.costco.com
Index
N
NCI Building Systems . . . . . . . . . . . . . . . . . . . . . . 53
Nestlé USA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
O
O’Neal Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
Owens-Minor Inc. . . . . . . . . . . . . . . . . . . . . . . . . . 87
P
Perdue Farms . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
Perdue Transportation
Performance Food Group . . . . . . . . . . . . . . . . . . . 35
Fresh Express
Redi-Cut Foods
Pilgrim’s Pride. . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Prairie Farms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
Ice Cream Specialties
PFD Supply
Praxair . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
R
Reinhart Foodservice. . . . . . . . . . . . . . . . . . . . . . . 37
Reyes Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Martin-Brower Co.
Chicago Beverage Systems
Harbor Distributing
Premium Distributors of Virginia
Rinker Materials Corp.. . . . . . . . . . . . . . . . . . . . . . 52
New Line Transport
Rite Aid Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57
Roundy’s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69
S
Safeway . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Casa Ley, S.A. de C.V.
GroceryWorks.com
Sanderson Farms . . . . . . . . . . . . . . . . . . . . . . . . . 73
Sears Roebuck & Co. . . . . . . . . . . . . . . . . . . . . . . 79
Lands’ End Inc.
Shamrock Foods . . . . . . . . . . . . . . . . . . . . . . . . . . 96
Shaw Industries. . . . . . . . . . . . . . . . . . . . . . . . . . . 16
The Sherwin-Williams Co. . . . . . . . . . . . . . . . . . . . 56
Simmons Foods . . . . . . . . . . . . . . . . . . . . . . . . . . 98
Smithfield Foods . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Sunoco Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64
Supervalu Transportation . . . . . . . . . . . . . . . . . . . . 8
Sysco Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
T
Toys “R” Us. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67
Tree of Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81
Trinity Industries . . . . . . . . . . . . . . . . . . . . . . . . . . 82
Tyson Foods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
U
UniSource Worldwide . . . . . . . . . . . . . . . . . . . . . . 20
Univar USA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
USFilter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77
V
Vistar Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Vistar/VSA
Vulcan Materials . . . . . . . . . . . . . . . . . . . . . . . . . . 59
W
Wal-Mart Stores . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Weis Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45
Weyerhaeuser . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Winn-Dixie Stores . . . . . . . . . . . . . . . . . . . . . . . . . 13

private carriers - Transport Topics

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