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.
TMC Transportation Plans $38M South Carolina Campus
Iowa-based flatbed carrier TMC Transportation is consolidating its southeastern U.S. presence via a $38 million investment in its South Carolina operations.
Court Approves Sale of 128 Yellow-Owned Terminals
A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.
Dark Horse Bidder Makes Second Offer for Yellow Assets
Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.
Ryder Reveals First Two Companies in EV Fleet Program
Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.
Canada Cartage Acquires GTI Group
Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.
Estes Express Says It Is Doing Well Post-Cyberattack
Executives from Estes Express Lines recently shared details and lessons learned about the company’s response after an October cyberattack hampered the carrier’s operations.
Forward Air Files Counterclaim Against Omni on Merger
Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.
Werner Enterprises Reports Earnings Drop on Steady Revenue
Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.
Forward Air Reports 82% Earnings Drop During Q3
Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.
Jack Cooper Making $2 Billion Bid for Bankrupt Yellow
Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.