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.
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Less-Than-Truckload Carriers
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 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
FedEx Freight revenue is for the 12-month period ended Feb. 29, 2024.
Mullen Group revenue converted to U.S. dollars based on average 2023 exchange rate.
PS Logistics, JP Express and McCollister’s revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
Estes Express Lines, Averitt Express, Dayton Freight Lines, Pitt Ohio, Roadrunner Freight, Daylight Transport, Oak Harbor, Ward Trucking, CrossCountry, Magnum LTL and Dependable Highway Express revenues are via SJ Consulting Group.
R+L Carriers, Central Transport, Manitoulin Transport, Midwest Motor Express and Peninsula Truck Lines revenues are estimated by SJ Consulting Group.
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.
Schneider Acquires deBoer Transportation
Schneider National announced June 7 that it has closed an acquisition on fellow Wisconsin-based carrier deBoer Transportation, a regional and dedicated carrier headquartered in Blenker.
June 8, 2022XPO, Google Cloud Collaborate to Improve Supply Chains
XPO Logistics Inc. and Google Cloud joined forces on a multiyear collaboration to improve supply chains, the companies announced June 6.
June 7, 2022XPO’s SEC Filing Advances Spinoff of Brokerage Platform
XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.
June 6, 2022FedEx-Backed Freightos to Go Public
Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.
Trailer Manufacturers, Suppliers Aim to Help Fleets Curb Fuel Costs
Fleets and shippers have found that monitoring trailer performance plays an important role in achieving optimal fuel savings.
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.
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.
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.
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.
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.