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2024 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

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.

Rankings
Rank Company Revenue (000)
1 J.B. Hunt Intermodal 6,207,461
2 Hub Group 2,495,663
3 Evans Delivery 1,360,000
4 Schneider 1,051,000
5 IMC Logistics 859,429
est
6 RoadOne IntermodaLogistics 540,000
7 ContainerPort Group 422,280
est
8 Swift Intermodal 410,549
9 NFI 387,100
10 Universal Intermodal Services 374,667
11 Forward Air 274,043
12 ITS Logistics 222,515
13 C.R. England 128,251
est
14 Bison Transport 110,287
15 Landstar System 98,297
16 Marten Transport 92,078
17 Cowan Systems 73,696
18 Canada Drayage Inc. 64,000
19 Paper Transport 51,619
20 Supra National Express 28,700
21 Day & Ross 22,935
22 Dupré Logistics 13,188
23 Bay and Bay Transportation 11,000
Extras

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.

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.

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.

For-Hire News
Business, Technology, Logistics, For-Hire

XPO, Google Cloud Collaborate to Improve Supply Chains

XPO Logistics Inc. and Google Cloud joined forces on a multiyear collaboration to improve supply chains, the companies announced June 6.

June 7, 2022
Business, Logistics, For-Hire

XPO’s SEC Filing Advances Spinoff of Brokerage Platform

XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.

June 6, 2022
Business, Technology, Logistics, For-Hire

FedEx-Backed Freightos to Go Public

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.

Kamaron Leach | Bloomberg News
May 31, 2022
Business, Technology, Equipment, Fuel, For-Hire

Trailer Manufacturers, Suppliers Aim to Help Fleets Curb Fuel Costs

Fleets and shippers have found that monitoring trailer performance plays an important role in achieving optimal fuel savings.

Jack Ferry | Special to Transport Topics
May 31, 2022
Business, Logistics, For-Hire

IndiGo Founder Partners With UPS for Logistics Venture

The biggest shareholder of India’s largest airline, IndiGo, teamed up with UPS Inc. to tap the South Asian nation’s growing logistics market.

Ragini Saxena | Bloomberg News
May 26, 2022
Business, Equipment, Logistics, For-Hire

Fleets Find Challenges in Rising Maintenance Costs, Parts Shortages

With a laundry list of hurdles facing many trucking companies, the focus on preventive maintenance becomes clearer as fleets are adding alternative suppliers and providers, and stockpiling inventory to help control costs and reduce downtime.

Mindy Long | Special to Transport Topics
May 24, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts 70 Corporate, IT Jobs

After reporting a first-quarter loss of more than $8.9 million May 5, U.S. Xpress Enterprises confirmed May 12 it laid off about 70 of its corporate and information technology staff in response to less-than-anticipated growth in the company’s trucking business.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 13, 2022
Business, Logistics, For-Hire

Trucking Continues to See Robust M&A Market

Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.

Connor D. Wolf | Staff Reporter
May 12, 2022
Business, Equipment, For-Hire

Yellow Narrows Losses, Outlines Goals

Yellow Corp. posted its best first-quarter results in six years as losses narrowed and revenue increased, the company announced May 10.

Dan Ronan | Senior Reporter
May 11, 2022
Business, Technology, Equipment, For-Hire

VTNA Gets Orders for 90 More VNR Electric Trucks

LONG BEACH, Calif. — Volvo Trucks North America announced NFI Industries and Quality Custom Distribution, between them, placed orders for an additional 90 Volvo VNR Electric Class 8 vehicles.

Roger Gilroy | Senior Reporter
May 11, 2022
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