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

105

On the Bubble

Cassens Transport Co. ($202 million), is an automobile carrier based in Edwardsville, Ill.

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, Fuel, Logistics, For-Hire

Hyliion, Cummins Collaborate on Hypertruck ERX

Hyliion Inc. announced it is collaborating with Cummins Inc. to bring Hyliion’s natural gas extended range powertrain to North American trucking on schedule.

Roger Gilroy | Senior Reporter
June 30, 2022
Business, Logistics, For-Hire

FedEx Predicts Profit Growth Under Three-Year Plan

FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.

Thomas Black | Bloomberg News
June 29, 2022
Business, Technology, Logistics, Autonomous, For-Hire

J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Program

J.B. Hunt Transport Services Inc. and Waymo added the home goods company Wayfair to its autonomous trucking program, the companies announced June 28.

June 28, 2022
Government, Business, Safety, For-Hire

Supreme Court Declines to Hear C.H. Robinson Appeal

The U.S. Supreme Court has declined to review a federal appellate court decision involving a personal injury suit alleging that freight broker C.H. Robinson Worldwide Inc. was negligent in connection with a serious injury from an accident in 2016 involving a carrier it hired.

Eric Miller | Senior Reporter
June 28, 2022
Business, Logistics, For-Hire

Roadrunner Adds Five New Direct Lanes to LTL Network

Roadrunner grew its nationwide metro-to-metro service network for less-than-truckload shipments with the addition of five direct lanes, the company announced June 23.

June 28, 2022
Business, Logistics, For-Hire

KAG Energy Expands Midwest Footprint

KAG Energy is growing its operations in the Midwest after recently securing new business in the region, the business group announced June 27.

June 27, 2022
Business, Logistics, Breaking News, For-Hire

DB Schenker to Acquire USA Truck for $435 Million

USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.

Connor D. Wolf | Staff Reporter
June 24, 2022
Business, Equipment, For-Hire, TCA

UPS Donates Semi-Tractor to Georgia Technical College

ALBANY, Ga. — UPS Inc. has agreed to donate a semi-tractor to Albany Technical College at the Logistics Education Center on the college’s main campus.

June 24, 2022
Business, For-Hire

FedEx Reports Quarterly, Annual Revenue Growth

FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.

Dan Ronan | Senior Reporter
June 23, 2022
Business, For-Hire

Interactive Map: Where the 2023 Top 100 For-Hire Carriers Are in North America

Find out where the 2023 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.

June 23, 2022
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