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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
Government, Business, Technology, Equipment, For-Hire, Top 100

Fleets Turn to Tech to Manage Complexity of Regulatory Compliance

With more drivers and equipment to manage, some fleet operators have implemented technology to help navigate the complexity of the industry’s regulations and better manage safety audits.

Stephen Bennett | Special to Transport Topics
June 23, 2023
Business, Technology, Safety, For-Hire, Top 100

Industry Stakeholders Take Aim at Truck Parking Shortage

According to reports from the American Transportation Research Institute, truck parking has been one of the industry’s top concerns for several years.

Dan Calabrese | Special to Transport Topics
June 23, 2023
Business, For-Hire, Top 100

The Truckers of Tomorrow

In the years ahead, the essential task of hauling the nation’s freight and keeping the economy rolling will increas­ingly shift to a new generation of professional truck drivers.

Mindy Long | Special to Transport Topics
June 23, 2023
Business, Equipment, For-Hire, Top 100

Top 100 For-Hire Carriers Grow Despite Softer Freight Market

Despite a softer freight environment, most of the largest trucking companies in North America continued to grow their businesses last year even as spot market rates dropped.

Seth Clevenger | Managing Editor, Features and Multimedia
June 23, 2023
Business, Logistics, Autonomous, For-Hire, TCA

Teamsters, UPS Shift Focus to Pay Raises

In contract negotiations between UPS Inc. and the Teamsters, the two sides have come to agreement on dozens of matters to clear the way for talks on pay and other major issues.

Kelly Yamanouchi | The Atlanta Journal-Constitution
June 22, 2023
Government, Business, Technology, Safety, For-Hire

Bernie Sanders Launches Probe Into Amazon Workplace Safety

Sen. Bernie Sanders (I-Vt.) launched an investigation into charges of unsafe working conditions at Amazon.com Inc. warehouses across the U.S.

Laura Litvan | Bloomberg News
June 20, 2023
Business, For-Hire

FedEx Forecasts Profit Below Estimates as Demand Weakens

FedEx Corp. finished its 2023 fiscal year with mixed quarterly results as the freight carrier is in the midst of a deep cost-cutting and restructuring effort.

Dan Ronan | Senior Reporter
June 20, 2023
Business, Logistics, For-Hire

Roadrunner Bolsters Expansion Efforts With Eight New Lanes

Roadrunner opened eight new lanes across its network as part of a multiyear process to improve service offerings, the company announced June 20.

Connor D. Wolf | Staff Reporter
June 20, 2023
Business, Equipment, Safety, For-Hire

UPS, Teamsters Agree to Install Air Conditioning in Trucks

The International Brotherhood of Teamsters says UPS Inc. has agreed to equip its delivery and logistics vehicles with air conditioning systems, a key point in contract negotiations. 

Dan Ronan | Senior Reporter
June 14, 2023
Business, For-Hire

Strike Unlikely at ABF Freight After Deal With Teamsters

The ArcBest Corp. subsidiary ABF Freight System has reached a tentative agreement with the Teamsters National Freight Industry Negotiating Committee, the company announced June 7.

Connor D. Wolf | Staff Reporter
June 8, 2023
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