2023 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front

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

Rankings
Rank Company Revenue (000)
1 FedEx Freight 10,119,000
2 Old Dominion Freight Line 6,177,055
3 Yellow Corp. 4,711,900
4 XPO 4,645,000
5 Estes Express Lines 4,405,000
6 TFI International 3,423,557
7 ABF Freight 3,010,900
8 R+L Carriers 2,864,000
9 Saia Inc. 2,792,000
10 Southeastern Freight Lines 1,649,192
11 Central Transport 1,236,000
12 Averitt Express 1,092,210
13 Dayton Freight Lines 1,004,000
14 Pitt Ohio 912,000
15 AAA Cooper Transportation 874,000
16 Mullen Group 598,540
17 A. Duie Pyle 568,000
18 Day & Ross Freight 448,500
19 Daylight Transport 389,000
20 Roadrunner Freight 386,000
21 Oak Harbor Freight Lines 338,000
22 Ward Trucking 256,000
23 Fastfrate Group 250,000
est
24 CrossCountry Freight Solutions 244,000
25 Magnum LTL 152,000
26 Midwest Motor Express 152,000
27 Landstar System 142,438
28 Dependable Highway Express 131,000
29 Peninsula Truck Lines 106,427
30 PS Logistics 100,000
31 R&R Family of Cos. 88,400
est
32 North Park Transportation 86,500
est
33 Canada Cartage 84,100
est
34 Anderson Trucking Service 76,600
35 JP Express 64,434
36 Tax-Air 55,000
est
37 Highlight Motor Group 46,700
est
38 McCollister's Global Services 33,350
39 Bison Transport 31,300
40 TGR Logistics 30,000
est
41 Atlas World Group 25,779
42 Atech Logistics 10,000
est
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, Ore.

The numerous, complex regulations faced by the trucking industry can be made simpler using new technology

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

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

For-Hire News
Business, Logistics, For-Hire, Top 100

Forward Air Probes Sale, Merger, Divestment Options

Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.

Keiron Greenhalgh | Staff Reporter
January 8, 2025
Business, Logistics, For-Hire, Top 100

Atlas Acquires Canadian Customs Specialist Orbit Brokers

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

Keiron Greenhalgh | Staff Reporter
January 7, 2025
Business, Equipment, Logistics, For-Hire, Top 100

Pitt Ohio Buys LTL Carrier Sutton Transport

Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.

Keiron Greenhalgh | Staff Reporter
January 7, 2025
Business, Logistics, For-Hire, Top 100

Why 2025 Could Be the Year of the Corporate Spinoff

Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.

Natalia Kniazhevich | Bloomberg News
January 6, 2025
Business, Technology, Logistics, For-Hire

Health Care Business Becomes $20 Billion Lifeline for UPS

UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.

Cailley LaPara | Bloomberg News
January 6, 2025
Business, Logistics, For-Hire, Top 100

FedEx Freight Spinoff Draws Positive Analyst Reactions

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.

Connor D. Wolf | Staff Reporter
December 23, 2024
Business, Logistics, For-Hire, Top 100

FedEx Details Planned Changes During Q2 2025 Earnings

The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.

Connor D. Wolf | Staff Reporter
December 19, 2024
Business, Logistics, Breaking News, For-Hire, Global Freight, Top 100

FedEx Freight Spinoff to Create Largest LTL Carrier

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.

Joe Howard | Executive Editor
December 19, 2024
Business, Logistics, For-Hire

Yellow, Pension Funds' Claims Battle to Extend Through Q1

Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.

Keiron Greenhalgh | Staff Reporter
December 17, 2024
Business, Technology, Equipment, Safety, Logistics, For-Hire, Top 100

Fleets Navigate the Challenges of Driver Acceptance of ADAS

Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.

Amanda Smith-Teutsch | Special to Transport Topics
December 13, 2024
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