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2024 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

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.

Rankings
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
Extras

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.

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

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.

For-Hire News
Business, Technology, For-Hire

Uber Offers to Return Parcels for $5

Uber said Oct. 4 that its drivers will collect up to five prepaid and sealed packages and drop them off at a local post office or at UPS or FedEx stores. 

Dee-Ann Durbin | Associated Press
October 4, 2023
Business, Technology, Safety, For-Hire

Cyberattack Hits Estes Express Lines’ IT Systems

Estes Express Lines on Oct. 3 confirmed that its IT systems were the target of an ongoing cyberattack, but said its trucks were still moving freight.

Keiron Greenhalgh | Staff Reporter
October 3, 2023
Business, Technology, For-Hire

Heartland Express Deploys Isaac In-Cab Technology

Truckload carrier Heartland Express has deployed Isaac Instruments’ in-cab telematics system across its fleet, the companies said in a joint announcement.

Seth Clevenger | Managing Editor, Features and Multimedia
September 28, 2023
Business, Logistics, For-Hire, Private, Global Freight

UPS to Hire 30,000 Extra Drivers for Peak Season

UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.

Keiron Greenhalgh | Staff Reporter
September 27, 2023
Business, For-Hire, TCA

UPS Looks to Add 100,000 Workers for the Holidays

UPS Inc. said Sept. 26 it plans to hire more than 100,000 seasonal workers for the peak holiday shipping season this year.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 26, 2023
Business, For-Hire

FedEx Beats Quarterly Wall Street Profit Expectations

FedEx Corp. posted a higher profit than Wall Street expected in its most recent quarter, but trimmed expectations for the full-year period.

Keiron Greenhalgh | Staff Reporter
September 20, 2023
Business, Equipment, For-Hire, Private

Experts: Freight Environment Unlikely to Improve Much Soon

Executives across multiple segments of the trucking industry expect the freight environment to take considerable time to improve substantially.

Keiron Greenhalgh | Staff Reporter
September 20, 2023
Business, Technology, Equipment, For-Hire

Doug Nickles Crowned TMCSuperTech Grand Champion

CLEVELAND — Doug Nickles from FedEx Freight earned his first TMCSuperTech grand champion honor at ATA's  Technology & Maintenance Council’s National Technicians Skills Competition.

Michael Freeze | Features Editor
September 20, 2023
Business, Fuel, For-Hire, Private

Love’s Travel Stops No. 1 on Happiest Employees List

Love’s Travel Stops & Country Stores, a family-run chain of truck stops founded nearly 60 years ago, topped storied firms like IBM, Nike and Apple in a new ranking of employee well-being.

Matthew Boyle | Bloomberg News
September 20, 2023
Government, Business, Logistics, For-Hire

Nearshoring Boom Faces Growing Pains

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.

Connor D. Wolf | Staff Reporter
September 13, 2023
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