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, For-Hire, Top 100

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Government, Business, Technology, Safety, Logistics, For-Hire, Private, Global Freight

FAA Clears Drone Companies to Operate in Shared Airspace

The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.

Allyson Versprille | Bloomberg News
July 30, 2024
Business, Logistics, For-Hire

Saia Q2 Profit, Revenue Rise on Former Yellow Facilities

Profits and revenues at Saia Inc. jumped in the second quarter of 2024 as the carrier continued to benefit from the collapse of erstwhile less-than-truckload rival Yellow Corp.

Keiron Greenhalgh | Staff Reporter
July 29, 2024
Business, For-Hire

TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls

TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Equipment, Logistics, For-Hire, Top 100

Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains

Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, Logistics, For-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, For-Hire

Old Dominion Posts Third Straight Quarter of Revenue Growth

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Technology, Safety, For-Hire, Top 100

Gaining Driver Buy-In Is Key to Deploying Dashcams

CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.

Seth Clevenger | Managing Editor, Features and Multimedia
July 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

Connor D. Wolf | Staff Reporter
July 24, 2024
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