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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.

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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

UPS Names Brian Dykes New CFO

UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.

Cailley LaPara | Bloomberg News
July 9, 2024
Government, Business, Safety, Logistics, For-Hire

US Chamber Files Amicus Brief in Werner Verdict

The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.

Eric Miller | Senior Reporter
July 1, 2024
Business, Logistics, For-Hire

FedEx’s Strong Profit Forecast Drives Stock Surge

FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.

Cailley LaPara | Bloomberg News
June 26, 2024
Business, For-Hire

TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase

TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.

Keiron Greenhalgh | Staff Reporter
June 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS to Sell Coyote Logistics to RXO

UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

Connor D. Wolf | Staff Reporter
June 24, 2024
Business, For-Hire

Interactive Map: Where the 2024 Top 100 For-Hire Carriers Are in North America

Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.

June 21, 2024
Business, For-Hire, Top 100

A. Duie Pyle Celebrates Centennial Milestone

From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.

Seth Clevenger | Managing Editor, Features and Multimedia
June 21, 2024
Business, For-Hire, Top 100

Industry Sector Rankings Reflect Market Downturn

For-hire carriers across segments saw revenues slide and margins tighten in 2023, but some industry sectors fared better than others.

June 21, 2024
Business, For-Hire, Top 100

Freight Recession Squeezes Top 100 For-Hire Carriers

Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America. 

Seth Clevenger | Managing Editor, Features and Multimedia
June 21, 2024
For-Hire, Top 100

An Immigrant’s Long Journey to Freedom Leads to Trucking

Since coming to the U.S. from Sudan in 1999, Lual Akoon has built a new life for himself — as a trucker and an advocate, meeting with legislators and representing drivers nationwide.

Gary Frantz | Special to Transport Topics
June 21, 2024
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