Concord, NC – July 27, 2022 – Cardinal ranks 44th on the Transport Topics 2022 Top 100 list of the largest for-hire carriers in North America. Cardinal also ranks 23rd among the Top 100 Truckload/Dedicated Carriers.
The rankings are based on overall revenue generated for the most recent 12-month period. According to Transport Topics, the top 100 companies showed extraordinary revenue growth despite supply chain disruptions, increasing freight demand, and a tight labor market, all fueled by the economic rebound following the COVID-19 pandemic.
“We understand the importance of adapting to the changing needs of our clients,” said Vin McLoughlin, Chairman of the Board at Cardinal Logistics. “We are proud of our growth amid the challenges of the last two years and credit our customer-service oriented employees and partners. We will continue to serve our customers with the personal service and customized solutions that our employees deliver every day.”
Supply chain issues continue this year, along with high inflation, soaring diesel prices, and economic uncertainty. But dealing with the disruptions of the last two years put the carriers on the Top 100 list in a prime position to be able to adjust to future challenges.
Most of the companies ranked on this year’s list reported year-over-year revenue increases in 2021, including record results for many large fleets. At the same time, companies across the industry increased driver compensation to improve recruiting and retention.
About the Top 100 For-Hire Carrier Rankings
Companies on the Top 100 For-Hire Carriers list are ranked based on overall revenue generated for the most recent 12-month period. The list also features breakdowns of the top truckload/dedicated, less-than-truckload, intermodal/drayage, refrigerated, flatbed/heavy specialized, tank/bulk, household goods/commercial delivery, air/expedited, parcel/courier and mail carriers in North America.
Click here to learn more about Transport Topics and their award programs:
Top 100 Largest For-Hire Carriers: https://www.ttnews.com/articles/2022-top-100-hire-carriers-list-illustrates-growth-large-fleets
Top Truckload/Dedicated Carriers: https://www.ttnews.com/for-hire/tl/2022
About Cardinal Logistics Management Corporation
Headquartered in Concord, North Carolina, Cardinal is a leading third-party logistics provider focused on providing Dedicated Contract Carriage, Last Mile Delivery and Transportation Management services to multiple industries across the nation. Cardinal’s Logistics experts work directly with clients to optimize their supply chains by developing and implementing customized transportation solutions including specialized equipment and handling, and integrated technology.