Soft market conditions in 2023 placed financial strain on many of the largest trucking companies in North America.
Trucking companies have been surviving on lower rates while awaiting a freight market recovery.
Find out where the Top 100 For-Hire carriers are located by region; click links to view details about the company.
The regional LTL carrier has adapted and expanded through a full century of economic cycles and industry changes.
The trucking industry remains mired in sustained overcapacity relative to freight demand even as it has slowly shed workers.
After being displaced by war in his native Sudan, Lual Akoon’s path took him to Middle America – and trucking.
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For-hire carriers across segments saw revenues slide and margins tighten, but some fared better than others.
Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list.
NFI Buys Transfix’s Freight Brokerage Operation
NFI acquired Transfix’s digital freight brokerage operation for an undisclosed sum, the carrier said June 5.
June 6, 2024ABF Freight Seeks to Boost Safety With Trailer Sensors
ABF Freight is ramping up its use of Drov Technologies’ AirBoxOne platform, which integrates truck and trailer sensors, Oklahoma City-based Drov said.
June 6, 2024Penske Forms EV Infrastructure Advisory JV With Mitsui Unit
LAS VEGAS — Penske Transportation Solutions and ForeFront Power are teaming up for an electric vehicle infrastructure advisory joint venture to be known as Penske Energy, the partners said May 21.
May 28, 2024Kenworth to Start Production of T680s, T880s With X15N in Q3
Kenworth plans to begin production of its Class 8 T680 tractor and T880 vocational truck with Cummins’ X15N natural gas engine in the third quarter of 2024, it said May 15.
May 17, 2024Infrastructure Stakeholders Renew Calls for Funding
WASHINGTON — Approving legislation that promotes funding for safety programs and supply chain connectivity is atop the priority list for infrastructure stakeholders.
May 15, 2024Ryder: Switching to a Class 8 EV May Double Vehicle Costs
A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.
May 14, 2024TFI Buys Quebec-Based Truckload Carrier in Fourth 2024 Deal
TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.
May 13, 2024UPS Finance Chief to Leave Parcel Giant to Focus on Health
UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.
May 6, 2024Mullen Group Closes ContainerWorld Acquisition
Mullen Group closed its previously announced acquisition of fellow Canadian business ContainerWorld Forwarding Services, the company revealed May 3.
May 3, 2024Schneider Reports Revenue Decline of 8% to $1.32B for Q1
Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.
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