2023 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

North America’s largest trucking companies continued growth in 2022 despite a weaker freight environment

Recruiting the truckers of tomorrow is a top priority for trucking companies preparing for years to come

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 Corp. 1,934,260
2 10 Roads Express 1,012,000
3 UPS Inc. 391,373
4 Evo Transportation & Energy Services 262,195
5 Matheson Trucking 244,175
6 Southern Mail Service 168,567
7 Midwest Transport 162,680
8 McCormick Trucking 142,869
9 XPO 124,397
10 Alan Ritchey Inc. 121,651
11 AJR Trucking 103,103
12 Traffix USA 101,887
13 Bancroft and Sons Transportation 94,573
14 Davenport Transportation 93,449
15 Beco Inc. 73,297
16 Mail Management Services 59,577
17 B&B Trucking 59,095
18 Davis Mail Services 59,057
19 Veltri Inc. 56,199
20 Sodrel Truck Lines 49,491
21 United Express Service 41,572
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, Ore.

The numerous, complex regulations faced by the trucking industry can be made simpler using new technology

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics

While mergers and acquisitions alter the business landscape, top for-hire carriers grew revenues across segments in 2022

Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list

For-Hire News
Business, For-Hire

UPS Schedules Later Release of Midyear Earnings

UPS Inc. investors will wait longer than usual to hear from CEO Carol Tomé this quarter as the company works to avoid a harmful worker strike.

Thomas Black | Bloomberg News
July 11, 2023
Government, Business, For-Hire

Yellow Gains Financial Targets Waiver

Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as it battles the Teamsters union and the threat of bankruptcy.

Keiron Greenhalgh | Staff Reporter
July 10, 2023
Government, Business, Logistics, For-Hire

Analysts: Walkout at UPS Would Have Deep Impact on Economy

A strike by UPS workers if a new labor agreement isn’t reached with the Teamsters would hold significant implications across the supply chain, industry analysts said.

Dan Ronan | Senior Reporter
July 10, 2023
Business, Logistics, For-Hire

Knight-Swift Closes Acquisition of U.S. Xpress

Knight-Swift Transportation Holdings closed on its previously announced acquisition of U.S. Xpress Enterprises, the company announced July 5.

Connor D. Wolf | Staff Reporter
July 5, 2023
Business, Logistics, For-Hire

UPS-Teamsters Talks Break Down

Negotiations on a new labor deal between UPS Inc. and the Teamsters stalled July 5 after showing promise over the weekend, renewing concern that workers could strike at the end of the month.

July 5, 2023
Business, For-Hire, Top 100

Industry Sector Rankings Show Growth, Acquisitions by Carriers

Most of North America’s largest for-hire carriers operating in many diverse segments of the trucking industry reported higher revenues last year.

Seth Clevenger | Managing Editor, Features and Multimedia
June 23, 2023
Government, Business, Technology, Equipment, For-Hire, Top 100

Fleets Turn to Tech to Manage Complexity of Regulatory Compliance

With more drivers and equipment to manage, some fleet operators have implemented technology to help navigate the complexity of the industry’s regulations and better manage safety audits.

Stephen Bennett | Special to Transport Topics
June 23, 2023
Business, Technology, Safety, For-Hire, Top 100

Industry Stakeholders Take Aim at Truck Parking Shortage

According to reports from the American Transportation Research Institute, truck parking has been one of the industry’s top concerns for several years.

Dan Calabrese | Special to Transport Topics
June 23, 2023
Business, For-Hire, Top 100

The Truckers of Tomorrow

In the years ahead, the essential task of hauling the nation’s freight and keeping the economy rolling will increas­ingly shift to a new generation of professional truck drivers.

Mindy Long | Special to Transport Topics
June 23, 2023
Business, Equipment, For-Hire, Top 100

Top 100 For-Hire Carriers Grow Despite Softer Freight Market

Despite a softer freight environment, most of the largest trucking companies in North America continued to grow their businesses last year even as spot market rates dropped.

Seth Clevenger | Managing Editor, Features and Multimedia
June 23, 2023
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