North America’s largest trucking companies continued growth in 2022 despite a weaker freight environment
Recruiting the truckers of tomorrow is a top priority for trucking companies preparing for years to come
Find out where the Top 100 For-Hire carriers are located by region; click links to view details about the company
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Air/Expedited Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Forward Air | 1,151,244 est |
2 | Covenant Logistics Group | 452,713 |
3 | ArcBest | 383,620 |
4 | Magnate Worldwide | 73,000 est |
5 | Sameday Worldwide | 7,400 est |
6 | NFI | 5,000 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Forward Air, Magnate Worldwide and Sameday Worldwide revenue is for 2021.
A top industry concern for years, suitable parking spaces remain elusive for many truckers
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The numerous, complex regulations faced by the trucking industry can be made simpler using new technology
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While mergers and acquisitions alter the business landscape, top for-hire carriers grew revenues across segments in 2022
Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list
Yellow Reports Q1 Loss
Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.
Ryder Introduces Electric Vehicle Service
ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.
Forward Air Reports Revenue and Earnings Decline for Q1
Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.
FedEx Freight Plans Closure of 29 Locations
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
Penske to Acquire Michigan-Based Star Truck Rentals
Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.
Hub Group Reports Revenue and Earnings Decline for Q1
Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
Universal Logistics Reports Weaker Q1 Amid Softening Market
Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
Landstar Reports Revenue and Earnings Decline for Q1
Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.
Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices
Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.
Wabash Q1 Profit Jumps as Sales, Order Backlog Soar
Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.