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.
Saia Lifts Target for 2024 Terminal Openings to 21
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TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026
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FAA Clears Drone Companies to Operate in Shared Airspace
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Saia Q2 Profit, Revenue Rise on Former Yellow Facilities
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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.
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.
Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize
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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.
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.
Gaining Driver Buy-In Is Key to Deploying Dashcams
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