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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, Logistics, For-Hire

U.S. Xpress Reports $554M Revenue for Q2

U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.

Connor D. Wolf | Staff Reporter
August 4, 2022
Business, Logistics, For-Hire

Werner Enterprises Reports Record for Q2

Werner Enterprises achieved its eighth consecutive quarter of record earnings per share during the second quarter of 2022, the company reported Aug. 3.

Connor D. Wolf | Staff Reporter
August 4, 2022
Business, Technology, Logistics, For-Hire

Schneider Launches Digital Marketplace for Bulk Shippers

Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.

August 4, 2022
Business, Equipment, For-Hire, Top 100

Daseke Reports Mixed Results in Second Quarter

Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.

Connor D. Wolf | Staff Reporter
August 2, 2022
Business, Technology, Autonomous, For-Hire

Aurora Adds Fourth Fleet Partner for Autonomous Pilot

Autonomous technology developer Aurora Innovation Inc. and Schneider National Inc. have announced a commercial pilot effort to haul freight for Schneider’s customers with Aurora Driver, Aurora’s autonomous technology.

Roger Gilroy | Senior Reporter
August 1, 2022
Business, Logistics, For-Hire

Universal Logistics Reports Record-Breaking Q2

Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.

Connor D. Wolf | Staff Reporter
July 29, 2022
Business, For-Hire, Top 100

ArcBest Reports Record-Setting Quarter for Q2

ArcBest Corp. posted records for quarterly revenue, operating income and net income for the second quarter of 2022.

Connor D. Wolf | Staff Reporter
July 29, 2022
Business, Equipment, For-Hire

Schneider Reports $1.75 Billion Revenue for Q2

Schneider National posted increases in revenue and earnings during the second quarter of 2022, the company reported July 28.

Connor D. Wolf | Staff Reporter
July 28, 2022
Business, Logistics, For-Hire, Top 100

Forward Air Reports Record-Setting Quarter for Q2

Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.

Connor D. Wolf | Staff Reporter
July 28, 2022
Business, Logistics, For-Hire, Top 100

ODFL Reports Profit, Revenue Records for Second Quarter

Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.

Connor D. Wolf | Staff Reporter
July 27, 2022
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