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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 United Road Services 736,236
est
2 Jack Cooper Holdings 461,716
est
3 Cassens Transport 185,733
est
4 Proficient Auto Transport 135,756
5 Bennett Family of Cos. 106,935
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, Breaking News, For-Hire

Yellow Files for Chapter 11 Bankruptcy

Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.

Dan Ronan | Senior Reporter
August 7, 2023
Business, Logistics, For-Hire

XPO Reports Q2 Income, Revenue Decline

XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.

Dan Ronan | Senior Reporter
August 4, 2023
Government, Business, Logistics, For-Hire

Yellow Closure Reshuffles LTL Sector

Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.

Dan Ronan | Senior Reporter
August 3, 2023
Business, Logistics, For-Hire

Schneider Sees Drop in Q2 Earnings

Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.

Dan Ronan | Senior Reporter
August 3, 2023
Business, Equipment, Logistics, For-Hire

Schneider Acquires M&M Transport

Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.

Joe Howard | Executive Editor
August 3, 2023
Business, Logistics, For-Hire

TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes

Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.

Keiron Greenhalgh | Staff Reporter
August 2, 2023
Business, Technology, Equipment, Fuel, For-Hire

Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck

Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.

Keiron Greenhalgh | Staff Reporter
August 2, 2023
Business, For-Hire

Yellow Reportedly Working on Loan From Apollo

Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.

August 1, 2023
Business, Logistics, For-Hire

UPS-Teamsters Contract Takes Step Forward

Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.

Dan Ronan | Senior Reporter
August 1, 2023
Business, Logistics, For-Hire

Saia Reports Lower Q2 Profit, Revenue

Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.

Keiron Greenhalgh | Staff Reporter
July 31, 2023
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