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.
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.
Dark Horse Bidder Makes Second Offer for Yellow Assets
Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.
December 7, 2023Ryder Reveals First Two Companies in EV Fleet Program
Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.
December 7, 2023Canada Cartage Acquires GTI Group
Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.
December 4, 2023Estes Express Says It Is Doing Well Post-Cyberattack
Executives from Estes Express Lines recently shared details and lessons learned about the company’s response after an October cyberattack hampered the carrier’s operations.
November 21, 2023Forward Air Files Counterclaim Against Omni on Merger
Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.
November 13, 2023Werner Enterprises Reports Earnings Drop on Steady Revenue
Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.
November 2, 2023Forward Air Reports 82% Earnings Drop During Q3
Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.
November 1, 2023Jack Cooper Making $2 Billion Bid for Bankrupt Yellow
Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.
October 31, 2023Court Approves Yellow Administrators’ Auction Plans
A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.
October 30, 2023XPO Reports Revenue Increase Despite Tough Conditions
XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.
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