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, Logistics, For-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, For-Hire

Old Dominion Posts Third Straight Quarter of Revenue Growth

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Technology, Safety, For-Hire, Top 100

Gaining Driver Buy-In Is Key to Deploying Dashcams

CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.

Seth Clevenger | Managing Editor, Features and Multimedia
July 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Logistics, For-Hire

Urban Delivery Hubs Present Solutions to Final-Mile Shipping

An evolving concept to address the issue of final-mile delivery is the urban delivery hub.

Dan Calabrese | Special to Transport Topics
July 23, 2024
Business, For-Hire

UPS Boosts Volume in US for First Time Since 2022

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.

Michelle Chapman | Associated Press
July 23, 2024
Government, Business, For-Hire

XPO Launches Cross-Border Expansion Into Mexico

XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.

Connor D. Wolf | Staff Reporter
July 22, 2024
Business, Logistics, For-Hire

Freight Recession Still Squeezing Marten’s Profits, Margins

Profits and margins at Marten Transport continued to weaken in Q2 of 2024, dented by the ongoing industrywide supply-demand imbalance, higher costs and softer freight rates.

Keiron Greenhalgh | Staff Reporter
July 22, 2024
Business, Logistics, For-Hire

J.B. Hunt Reports $2.9 Billion in Revenue for Q2

J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.

Connor D. Wolf | Staff Reporter
July 18, 2024
Business, Technology, For-Hire

Leonard’s Express Eyes Planning Boost With Optimal Dynamics

Leonard’s Express will begin deploying Optimal Dynamics’ load planning and dispatch software starting in August, executives said July 16.

Keiron Greenhalgh | Staff Reporter
July 16, 2024
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