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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, Technology, Equipment, Safety, For-Hire

Industry Works to Make Tractor-Trailer Connections More Efficient

Fleets are looking for solutions — some of them low-tech — to ensure trucks and trailers talk to each other now.

Steve Brawner | Special to Transport Topics
October 7, 2022
Government, Business, Safety, Logistics, For-Hire, Private

Broad Relief Efforts Converge After Hurricane Ian

Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida’s Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.

Dan Ronan | Senior Reporter
October 6, 2022
Government, Business, Technology, Logistics, For-Hire, Private

Cash Reinvigorates Critical Chicago-Area Transportation Network

CHICAGO — Since as early as 1848, some 12 years before the Civil War, Chicago has been a major center for transportation given its central location in the country, access to newly built railroad lines and the five Great Lakes. Now, more than 170 years later, millions of products pass through its massive transportation network for trucks, rail and air each day.

Dan Ronan | Senior Reporter
October 4, 2022
Business, Logistics, For-Hire

J.B. Hunt Expands Transloading Services With Two More Locations

J.B. Hunt Transport Services Inc. is expanding its transload strategy with new operations in Tacoma, Wash., and Laredo, Texas, the company announced Oct. 3.

October 3, 2022
Business, Equipment, Logistics, For-Hire

Werner Acquires Truckload Carrier Baylor Trucking

Werner Enterprises Inc. said it is acquiring Baylor Trucking, a move that expands its truckload operations.

Connor D. Wolf | Staff Reporter
October 3, 2022
Business, Technology, Equipment, Autonomous, For-Hire

EV Startup Arrival in Talks on Funds to Unlock US Market

Electric vehicle startup Arrival SA surged after it said it’s in talks to raise capital to build and sell its products in the U.S.

Siddharth Philip | Bloomberg News
September 30, 2022
Business, Technology, Logistics, Autonomous, For-Hire

Werner, Kodiak Collaborate on Driverless Longhaul Route

Werner Enterprises has partnered with the driverless trucking technology company Kodiak Robotics to establish an autonomous trucking lane, the companies announced Sept. 29.

Connor D. Wolf | Staff Reporter
September 29, 2022
Business, Logistics, For-Hire

FedEx Reports Declining Q1 FY 2023 Income

FedEx Corp. said as the global economy slows, it is aggressively looking to reduce costs, and that it will raise rates across divisions in January.

Dan Ronan | Senior Reporter
September 28, 2022
Business, Technology, Autonomous, For-Hire

Torc, Schneider Partner on Level 4 Autonomy

Driverless technology company Torc Robotics and Schneider are preparing to launch a pilot program to further implement autonomous longhaul trucking, the companies announced Sept. 20.

September 21, 2022
Business, Logistics, For-Hire

FedEx Tumbles After Pulling Annual Earnings Forecast

FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.

Richard Clough | Bloomberg News
September 16, 2022
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