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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 FedEx Freight 9,045,000
2 Old Dominion Freight Line 5,866,152
3 XPO 4,671,000
4 Estes Express Lines 4,338,000
5 R+L Carriers 3,070,000
est
6 Saia Inc. 2,881,433
7 ABF Freight 2,871,004
8 TFI International 2,777,309
9 Southeastern Freight Lines 1,597,133
10 Central Transport 1,261,000
est
11 Averitt Express 1,165,000
12 Dayton Freight Lines 1,035,000
13 Pitt Ohio 909,000
14 Manitoulin Transport 758,000
est
15 Day & Ross Freight 581,020
16 A. Duie Pyle 571,000
17 Mullen Group 570,667
18 Roadrunner Freight 410,000
19 Daylight Transport 374,000
20 Oak Harbor Freight Lines 320,000
21 Ward Trucking 253,000
22 CrossCountry Freight Solutions 207,000
23 Fastfrate Group 194,000
24 Midwest Motor Express 160,000
est
25 Magnum LTL 155,000
26 Sutton Transport 122,000
27 Landstar System 117,683
28 Dependable Highway Express 112,000
29 Peninsula Truck Lines 108,000
est
30 North Park Transportation 94,000
31 PS Logistics 91,100
est
32 JP Express 58,699
est
33 Anderson Trucking Service 58,000
34 TGR Logistics 51,000
35 Highlight Motor Group 45,578
est
36 TCI Transportation 40,000
37 Bison Transport 34,829
38 McCollister's Global Services 30,382
est
39 Atlas World Group 29,889
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, Logistics, For-Hire

TMC Transportation Plans $38M South Carolina Campus

Iowa-based flatbed carrier TMC Transportation is consolidating its southeastern U.S. presence via a $38 million investment in its South Carolina operations.

Noël Fletcher | Staff Reporter
December 13, 2023
Business, Logistics, For-Hire

Court Approves Sale of 128 Yellow-Owned Terminals

A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.

Keiron Greenhalgh | Staff Reporter
December 12, 2023
Business, Logistics, For-Hire

Dark Horse Bidder Makes Second Offer for Yellow Assets

Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.

Keiron Greenhalgh | Staff Reporter
December 7, 2023
Business, Equipment, Fuel, Logistics, For-Hire

Ryder Reveals First Two Companies in EV Fleet Program

Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.

Keiron Greenhalgh | Staff Reporter
December 7, 2023
Business, Equipment, Logistics, For-Hire

Canada Cartage Acquires GTI Group

Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.

Keiron Greenhalgh | Staff Reporter
December 4, 2023
Business, Technology, Safety, For-Hire

Estes Express Says It Is Doing Well Post-Cyberattack

Executives from Estes Express Lines recently shared details and lessons learned about the company’s response after an October cyberattack hampered the carrier’s operations.

Keiron Greenhalgh | Staff Reporter
November 21, 2023
Business, Logistics, For-Hire

Forward Air Files Counterclaim Against Omni on Merger

Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.

Connor D. Wolf | Staff Reporter
November 13, 2023
Business, Logistics, For-Hire

Werner Enterprises Reports Earnings Drop on Steady Revenue

Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.

Connor D. Wolf | Staff Reporter
November 2, 2023
Business, Logistics, For-Hire

Forward Air Reports 82% Earnings Drop During Q3

Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.

Connor D. Wolf | Staff Reporter
November 1, 2023
Government, Business, Equipment, For-Hire, TCA

Jack Cooper Making $2 Billion Bid for Bankrupt Yellow

Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.

Michael E. Kanell | The Atlanta Journal-Constitution
October 31, 2023
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