2023 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

North America’s largest trucking companies continued growth in 2022 despite a weaker freight environment

Recruiting the truckers of tomorrow is a top priority for trucking companies preparing for years to come

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. 77,977,000
2 UPS Inc. 64,209,000
3 Purolator 2,800,000
4 OnTrac Inc. 1,662,000
est
5 TFI International 498,972
6 Spee-Dee Delivery Service 164,500
est
7 Fastfrate Group 95,000
est
8 Canada Cartage 7,000
est
9 Day & Ross 5,750
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

105

On the Bubble

Cassens Transport Co. ($202 million), is an automobile carrier based in Edwardsville, Ill.

The numerous, complex regulations faced by the trucking industry can be made simpler using new technology

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics

While mergers and acquisitions alter the business landscape, top for-hire carriers grew revenues across segments in 2022

Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list

For-Hire News
Business, Technology, Equipment, For-Hire

Doug Nickles Crowned TMCSuperTech Grand Champion

CLEVELAND — Doug Nickles from FedEx Freight earned his first TMCSuperTech grand champion honor at ATA's  Technology & Maintenance Council’s National Technicians Skills Competition.

Michael Freeze | Features Editor
September 20, 2023
Business, Fuel, For-Hire, Private

Love’s Travel Stops No. 1 on Happiest Employees List

Love’s Travel Stops & Country Stores, a family-run chain of truck stops founded nearly 60 years ago, topped storied firms like IBM, Nike and Apple in a new ranking of employee well-being.

Matthew Boyle | Bloomberg News
September 20, 2023
Government, Business, Logistics, For-Hire

Nearshoring Boom Faces Growing Pains

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.

Connor D. Wolf | Staff Reporter
September 13, 2023
Business, Logistics, For-Hire

UPS CEO Carol Tomé Outlines Challenging Year Ahead

UPS Inc. will pay out the biggest portion of its new labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, CEO Carol Tomé said.

Thomas Black | Bloomberg News
September 12, 2023
Business, Technology, Equipment, For-Hire

Estes Among Fleets to Pilot Remora’s Carbon Capture System

Estes was among the first commercial for-hire carriers to sign up to pilot emerging technology developed by Remora.

Gary Frantz | Special to Transport Topics
September 8, 2023
Business, Logistics, For-Hire

UPS to Raise Average Prices by 5.9%

UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.

Thomas Black | Bloomberg News
September 8, 2023
Government, Business, Technology, Autonomous, For-Hire

FAA Clears UPS Drones for Longer Flights

Two more companies including UPS have been granted approval to fly drones beyond the sight of ground operators in a key step that could eventually enable widespread package delivery.

Alan Levin | Bloomberg News
September 6, 2023
Business, Equipment, For-Hire

Trimac Acquires Two More Carriers, Continues to Shop

Trimac Transportation Ltd. has purchased two North American bulk haulage carriers in the past few weeks, and has plans to accelerate its ongoing buying spree.

Keiron Greenhalgh | Staff Reporter
September 1, 2023
Business, Logistics, For-Hire

UPS Offers Buyouts to 167 Pilots as Air Cargo Slumps

UPS Inc. is offering a voluntary severance package for 167 pilots amid a slump in air freight volume.

Thomas Black | Bloomberg News
August 31, 2023
Government, Business, Equipment, For-Hire

Used Truck Market Can Likely Handle Yellow Liquidation

Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.

Keiron Greenhalgh | Staff Reporter
August 31, 2023
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