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

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, Ore.

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, Logistics, For-Hire

Schneider Completes First EV Delivery for Frito-Lay

Schneider completed its first battery-electric vehicle delivery with Frito-Lay North America, the multimodal transportation provider announced April 17.

April 24, 2023
Business, Logistics, For-Hire

Knight-Swift Reports Revenue, Earnings Decline for Q1

Knight-Swift Transportation Holdings Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2023
Business, Equipment, For-Hire, Private, TCA

Amazon May Charge a Return Fee at UPS Stores

If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.

Jessica Jones-Gorman | Staten Island Advance
April 19, 2023
Business, Technology, Equipment, Logistics, For-Hire

NFI Ramps Up Battery-Electric Truck Deployment in California

NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.

April 18, 2023
Business, Logistics, For-Hire, TCA

UPS, Teamsters Poised for Massive Contract Talks

High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.

Kelly Yamanouchi | The Atlanta Journal-Constitution
April 14, 2023
Business, Equipment, Logistics, Breaking News, For-Hire

FedEx to Merge Ground, Express Units

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

Dan Ronan | Senior Reporter
April 5, 2023
Business, Logistics, For-Hire

Penske Announces Kris-Way Truck Leasing Acquisition

Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.

April 3, 2023
Business, Logistics, For-Hire

RXO Opens New Cross-Border Facility in Texas

RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.

Connor D. Wolf | Staff Reporter
March 29, 2023
Business, Equipment, For-Hire

February Trailer Orders Down 2.6% Year-Over-Year

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

Connor D. Wolf | Staff Reporter
March 22, 2023
Business, Technology, Equipment, Logistics, Breaking News, For-Hire

Knight-Swift Agrees to Acquire U.S. Xpress

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

Connor D. Wolf | Staff Reporter
March 21, 2023
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