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.
FedEx Reports Declining Q1 FY 2023 Income
FedEx Corp. said as the global economy slows, it is aggressively looking to reduce costs, and that it will raise rates across divisions in January.
September 28, 2022Torc, Schneider Partner on Level 4 Autonomy
Driverless technology company Torc Robotics and Schneider are preparing to launch a pilot program to further implement autonomous longhaul trucking, the companies announced Sept. 20.
September 21, 2022FedEx Tumbles After Pulling Annual Earnings Forecast
FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.
September 16, 2022Hiring for Uncertain Holiday Season Continues
Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.
September 15, 2022UPS to Hire 100,000 Seasonal Workers Ahead of Holidays
UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.
September 7, 2022ATA Group Advances Trucking Diversity Initiative
A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.
August 26, 2022PS Logistics Completes Acquisition, Agreement
PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.
August 26, 2022U.S. Xpress Cuts Nondriving Staff, Slows Spending
CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.
August 26, 2022Covenant Official Says Range Is Biggest Factor in EV Adoption
CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.
August 24, 2022U.S. Xpress Partners With School to Launch Supply Chain Program
High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.
August 24, 2022-
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