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

104

On the Bubble

Highlight Motor Group ($217 million), is a truckload and LTL carrier based in Concord, Ontario.

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
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
Business, For-Hire, Top 100

Fleets Persevere Through Down Market With Care and Creativity

The largest for-hire carriers have persevered through a down market with care for their customers and close attention to controlling costs.

Mindy Long | Special to Transport Topics
June 21, 2024
Business, Technology, Logistics, Autonomous, For-Hire

Artur Express to Run 100 Kodiak Self-Driving Sleeper Trucks

Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.

Keiron Greenhalgh | Staff Reporter
June 18, 2024
Business, Logistics, For-Hire, Private

Efficient Use of Space Is Key in Weak Freight Market: Study

Over-the-road carriers waiting for an upturn in the freight cycle must make the most efficient use of their trucks’ space to best ride out ongoing market weakness, according to CSCMP.

Keiron Greenhalgh | Staff Reporter
June 18, 2024
Business, Logistics, For-Hire

Werner CEO Says Freight Market Is Returning to Normal

Werner Enterprises CEO Derek Leathers said patterns emerging in the cargo marketplace point to a long-awaited adjustment that could help lift trucking out of its persistent freight recession.

Connor D. Wolf | Staff Reporter
June 17, 2024
Business, Logistics, For-Hire

FedEx to Cut Up to 2,000 Europe Jobs

FedEx Corp. plans to cut as many as 2,000 jobs in Europe, the latest move by the package delivery giant to streamline its global workforce and rein in costs.

Cailley LaPara | Bloomberg News
June 12, 2024
Government, Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private

Private Fleets Pursuing Emissions Goals More Aggressively

Across all areas of the economy, shippers are facing increasing pressure to make their operations more sustainable and to meet environmental, sustainability and governance targets.

Amanda Smith-Teutsch | Special to Transport Topics
June 11, 2024
Government, Business, For-Hire

Canadian Border Agency, Staff Agree on Tentative Labor Deal

 Unionized Canadian border agency staff and the federal government reached a tentative deal on a collective bargaining agreement for more than 9,500 staff, the two sides said June 11.

Keiron Greenhalgh | Staff Reporter
June 11, 2024
Business, Technology, For-Hire

NFI Buys Transfix’s Freight Brokerage Operation

NFI acquired Transfix’s digital freight brokerage operation for an undisclosed sum, the carrier said June 5.

Keiron Greenhalgh | Staff Reporter
June 6, 2024
Business, Technology, Equipment, Safety, For-Hire

ABF Freight Seeks to Boost Safety With Trailer Sensors

ABF Freight is ramping up its use of Drov Technologies’ AirBoxOne platform, which integrates truck and trailer sensors, Oklahoma City-based Drov said.

Keiron Greenhalgh | Staff Reporter
June 6, 2024
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