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.
Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds
Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.
July 26, 202210 Roads Express Launches Autonomous Route Using Kodiak Tech
The 10 Roads Express company launched an autonomous truck route in partnership with Kodiak Robotics, a driverless trucking company, they announced July 26.
July 26, 2022FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
July 22, 2022Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022J.B. Hunt Reports Q2 Revenue Jump to $3.84 Billion
J.B. Hunt Transport Services Inc. on July 19 posted earnings and revenue growth for the second quarter that was driven by strong segment results.
July 20, 2022Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.
July 19, 2022UPS Expands Cargo Services in India to Seize Airfreight Boom
UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
July 19, 2022Trucking Faces Pressure to Prepare for Holidays Early
Supply chain pressures are forcing trucking to get an early start to the holiday shipping season despite a shift of underlying conditions within the industry.
July 18, 2022Averitt Announces Pay Increases for Drivers
Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.
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