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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, Logistics, For-Hire, Top 100

Generative AI Driving Freight Brokerage Transformation

Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.

Stephen Bennett | Special to Transport Topics
September 18, 2024
Government, Business, Logistics, For-Hire, Global Freight

USPS to End Discounts for Consolidators Including UPS, DHL

The U.S. Postal Service said Sept. 11 that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.

David Sharp | Associated Press
September 11, 2024
Business, Logistics, For-Hire, TCA

UPS to Acquire German Cold Chain Company

UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 10, 2024
Business, Logistics, For-Hire, TCA

UPS to Lay Off More Employees to Boost Profitability

UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 10, 2024
Government, Business, Safety, Logistics, For-Hire

Michigan to Allow Hazardous Transport on Ambassador Bridge

The decision, repealing measures in place since 2014, follows a six-month review of input from the public, law enforcement and first responders.

Noël Fletcher | Staff Reporter
September 5, 2024
Business, Equipment, For-Hire, Top 100

Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal

The administrators are disputing the size of withdrawal liability claims from Central States Pension Fund and other multiemployer pension funds.

Keiron Greenhalgh | Staff Reporter
September 5, 2024
Business, Safety, For-Hire, Top 100

Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say

The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

Connor D. Wolf | Staff Reporter
August 29, 2024
Business, For-Hire

Estes Purchases Seven Former Yellow Terminals

Estes has closed on lease purchases for seven terminals across the country that used to belong to the defunct carrier Yellow Corp., the company announced Aug. 22.

Connor D. Wolf | Staff Reporter
August 26, 2024
Business, Equipment, For-Hire

Kenan Advantage Group Acquires Chemical Transporter TransVac

Kenan Advantage Group on Aug. 20 announced that it acquired specialty transportation provider TransVac.

Connor D. Wolf | Staff Reporter
August 23, 2024
Business, For-Hire, Top 100

Mike Gannon Appointed to Lead CRST

CRST has appointed Mike Gannon as its newest president and CEO, the company announced Aug. 23.

August 23, 2024
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