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.
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Package/Courier Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Corp. | 74,905,000 |
2 | UPS Inc. | 59,958,000 |
3 | Purolator | 2,653,000 |
4 | OnTrac Inc. | 1,525,716 est |
5 | TFI International | 461,930 |
6 | Spee-Dee Delivery Service | 182,415 |
7 | Fastfrate Group | 52,500 |
8 | Day & Ross | 7,645 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
FedEx Corp. revenue is for the 12-month period ended Feb. 29, 2024.
OnTrac Inc. revenue is estimated by Transport Topics based on prior-year data and industry revenue trends.
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.
Schneider Launches Digital Marketplace for Bulk Shippers
Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.
August 4, 2022Daseke Reports Mixed Results in Second Quarter
Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.
Aurora Adds Fourth Fleet Partner for Autonomous Pilot
Autonomous technology developer Aurora Innovation Inc. and Schneider National Inc. have announced a commercial pilot effort to haul freight for Schneider’s customers with Aurora Driver, Aurora’s autonomous technology.
Universal Logistics Reports Record-Breaking Q2
Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.
ArcBest Reports Record-Setting Quarter for Q2
ArcBest Corp. posted records for quarterly revenue, operating income and net income for the second quarter of 2022.
Schneider Reports $1.75 Billion Revenue for Q2
Schneider National posted increases in revenue and earnings during the second quarter of 2022, the company reported July 28.
Forward Air Reports Record-Setting Quarter for Q2
Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.
ODFL Reports Profit, Revenue Records for Second Quarter
Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.
Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.