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.
J.B. Hunt Reports Jump in Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a 33% increase in revenue year-over-year for the first quarter of 2022, the company reported April 18.
XPO to Open LTL Terminals in California, Georgia
XPO Logistics Inc. will expand its less-than-truckload network with the openings of two terminals, the company announced April 18.
April 18, 2022Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat
Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it could surpass UPS this year, and it’s not alone in that prediction.
Diesel Falls 7.1¢ to $5.073 a Gallon
The national average price of diesel shed 7.1 cents to $5.073 a gallon, according to Energy Information Administration data released April 11.
Roehl Raises Pay With New Driver Compensation Plan
Roehl Transport has made a change to its driver pay plans that will allow driving teammates to make 12% to 14% more, the company announced April 6.
April 11, 2022Roadrunner Sells Intermodal Business to Universal Logistics for $51 Million
Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5.