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.
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Mail Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Corp. | 1,600,744 |
2 | 10 Roads Express | 962,180 est |
3 | UPS Inc. | 339,870 |
4 | Evo Transportation & Energy Services | 236,363 |
5 | Southern Mail Service | 175,352 |
6 | Traffix USA | 150,527 |
7 | Midwest Transport | 145,423 |
8 | Alan Ritchey Inc. | 144,145 |
9 | McCormick Trucking | 115,874 |
10 | AJR Trucking | 114,237 |
11 | Mail Management Services | 105,320 |
12 | Davenport Transportation | 102,368 |
13 | Bancroft and Sons Transportation | 95,799 |
14 | Davis Mail Services | 65,597 |
15 | B&B Trucking | 65,422 |
16 | XPO | 59,608 |
17 | Covenant Logistics Group | 48,458 |
18 | United Express Service | 46,124 |
19 | Sodrel Truck Lines | 44,758 |
20 | STK Transportation | 41,984 |
21 | Freedom Trans USA | 40,839 |
22 | Hartwig Transit | 37,937 |
23 | DDA Transport | 34,784 |
24 | Beco Inc. | 33,706 |
25 | Postal Delivery Systems | 31,381 |
26 | W&L Mail Service | 30,347 |
27 | Maxway | 30,336 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Revenue for all companies is provided by Culhane Meadows.
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.
Fleets Navigate the Challenges of Driver Acceptance of ADAS
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Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals
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Cyber Monday Shoppers Expected to Set a Record
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Trucking CFOs, Leaders Eye 2025 Recovery With Tight Budgets
Carriers are grappling with a tough freight market, relying on cost-cutting measures, operational efficiency and strategic revenue opportunities to stay ahead.
Kenan Advantage Expands Dry Bulk With Two November Deals
North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.
November 25, 2024Roadrunner Owner Sells Majority Stake to CEO Jamroz, Partner
A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.
Schneider Acquiring Cowan Systems in $390 Million Deal
Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.
November 25, 2024UPS Settles With SEC Over Freight Business Valuation
UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.
A Cybersecurity Playbook for Trucking in 2025
With another year of hacker break-ins looming before us, now is a great time to evaluate cybersecurity for your trucking business to ensure that you’re using the latest technology to keep cybercriminals at bay.
Moran Transportation Expands Into Ohio With RMX Acquisition
The acquisition brings 50 to 60 trucks and three service centers into Moran’s operations, increasing its total to 12 service centers and more than 675 pieces of equipment across the Midwest.
November 18, 2024