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

104

On the Bubble

Highlight Motor Group ($217 million), is a truckload and LTL carrier based in Concord, Ontario.

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

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
Business, Logistics, For-Hire

U.S. Xpress Reports Earnings Loss Despite Revenue Gains

U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.

Connor D. Wolf | Staff Reporter
May 9, 2022
Government, Business, Logistics, For-Hire

China’s Port Lockdowns Threaten Domestic Trucking

China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.

Connor D. Wolf | Staff Reporter
May 5, 2022
Business, For-Hire

Werner Reports 24% Increase in Revenue for Q1

Werner Enterprises posted net income of $53.7 million, or 82 cents a diluted share, for the first quarter, compared with $46.5 million, 68 cents, during the same time the previous year, the company reported May 3.

Connor D. Wolf | Staff Reporter
May 4, 2022
Business, For-Hire

Daseke Reports 26% Rise in Revenue for Q1

Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.

Connor D. Wolf | Staff Reporter
May 3, 2022
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