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
On the Bubble
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
TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls
TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.
Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains
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Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize
Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.
Old Dominion Posts Third Straight Quarter of Revenue Growth
Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.
Gaining Driver Buy-In Is Key to Deploying Dashcams
CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.
UPS Discusses Acquisition of Parcel Carrier in Mexico
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Urban Delivery Hubs Present Solutions to Final-Mile Shipping
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UPS Boosts Volume in US for First Time Since 2022
UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.
XPO Launches Cross-Border Expansion Into Mexico
XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.