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

103

On the Bubble

May Trucking ($242 million), is a refrigerated and truckload carrier based in Salem, 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, Technology, Equipment, For-Hire

XPO Spinoff RXO Officially Launches

XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.

Connor D. Wolf | Staff Reporter
November 1, 2022
Business, Logistics, For-Hire

Landstar Reports Highest Revenue for Any Q3

Landstar System Inc.’s revenue and diluted earnings per share both set third-quarter records, the company reported Oct. 19.

October 20, 2022
Business, Logistics, For-Hire

J.B. Hunt Reports $3.84 Billion in Revenue for Q3

J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 19, 2022
Business, Logistics, For-Hire

Marten Reports 15th Consecutive Increase in Quarterly Profitability

Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.

Connor D. Wolf | Staff Reporter
October 18, 2022
Business, Technology, Logistics, For-Hire

NFI Acquires MCO Transport to Bolster Southeastern Port Operations

North American supply chain solutions company NFI has acquired southeastern port service solutions provider MCO Transport Inc., the company announced Oct. 10.

Connor D. Wolf | Staff Reporter
October 17, 2022
Business, Technology, Logistics, For-Hire

XPO Board of Directors Approves RXO Spinoff

XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.

Connor D. Wolf | Staff Reporter
October 11, 2022
Business, Technology, Equipment, Safety, For-Hire

Industry Works to Make Tractor-Trailer Connections More Efficient

Fleets are looking for solutions — some of them low-tech — to ensure trucks and trailers talk to each other now.

Steve Brawner | Special to Transport Topics
October 7, 2022
Government, Business, Safety, Logistics, For-Hire, Private

Broad Relief Efforts Converge After Hurricane Ian

Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida’s Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.

Dan Ronan | Senior Reporter
October 6, 2022
Government, Business, Technology, Logistics, For-Hire, Private

Cash Reinvigorates Critical Chicago-Area Transportation Network

CHICAGO — Since as early as 1848, some 12 years before the Civil War, Chicago has been a major center for transportation given its central location in the country, access to newly built railroad lines and the five Great Lakes. Now, more than 170 years later, millions of products pass through its massive transportation network for trucks, rail and air each day.

Dan Ronan | Senior Reporter
October 4, 2022
Business, Logistics, For-Hire

J.B. Hunt Expands Transloading Services With Two More Locations

J.B. Hunt Transport Services Inc. is expanding its transload strategy with new operations in Tacoma, Wash., and Laredo, Texas, the company announced Oct. 3.

October 3, 2022
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