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.
Rank This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
---|---|---|---|---|---|---|---|
1 | 1 | 90,958,000 | 6,708,000 | 500,000 | 19,267 | 84,956 | |
2 | 2 | 87,514,000 | 4,395,000 | 529,000 | 38,697 | 138,230 | |
3 | 3 | 12,829,665 | 728,287 | 35,000 | 23,000 | 47,400 | |
4 | 4 | 9,090,567 est |
504,877 | 25,123 | 7,504 | 34,599 | |
5 | 5 | 7,744,000 | 189,000 | 38,000 | 9,500 | 33,500 | |
6 | 9 | 7,660,000 est |
- | 47,500 | 69,000 | 40,800 | |
7 | 7 | 7,141,766 | 217,149 | 34,300 | 24,788 | 96,347 | |
8 | 10 | 5,866,152 | 1,239,502 | 23,386 | 10,791 | 46,414 | |
9 | 8 | 5,498,900 | 238,500 | 17,300 | 10,600 | 47,300 | |
10 | 6 | 5,303,322 | 264,394 | 1,468 | 9,809 | 18,017 | |
11 | 14 | 5,073,000 | - | 22,803 | 10,033 | 41,368 | |
12 | 12 | 4,427,443 | 142,164 | 15,000 | 4,411 | 24,323 | |
13 | 15 | 4,300,000 | - | 21,173 | 7,287 | 21,979 | |
14 | 11 | 4,202,585 | 167,528 | 5,950 | 5,200 | 4,300 | |
15 | 16 | 3,500,000 | - | 17,300 | 4,850 | 13,700 | |
16 | 17 | 3,283,499 | 112,382 | 13,809 | 8,035 | 30,810 | |
17 | 18 | 3,070,000 est |
- | 8,284 | 20,468 | ||
18 | 21 | 2,881,433 | 354,857 | 14,000 | 6,500 | 22,100 | |
19 | 20 | 2,653,000 | 296,000 | 14,000 | 552 | 1,073 | |
20 | 19 | 2,520,027 | 368,654 | 4,535 | 8,112 | 15,735 | |
21 | 22 | 2,406,635 | - | 10,000 | 7,550 | 12,600 | |
22 | 23 | 2,040,000 | - | 630 | 7,500 | ||
23 | 34 | 1,706,219 | - | 5,000 | 3,782 | 10,302 | |
24 | 32 | 1,686,340 | - | 8,592 | 2,924 | 8,426 | |
25 | 29 | 1,668,000 est |
- | 9,309 | 5,255 | 15,774 | |
25 | 26 | 1,668,000 est |
- | 6,224 | 4,778 | ||
27 | 25 | 1,662,139 | 92,901 | 9,311 | 4,206 | 4,892 | |
28 | 33 | 1,569,780 est |
- | 3,600 | 3,950 | 6,400 | |
29 | 39 | 1,529,000 | - | 8,258 | 1,537 | 9,854 | |
30 | 35 | 1,525,716 est |
- | 1,234 | |||
31 | 30 | 1,511,300 | - | 2,379 | 2,443 | 6,891 | |
32 | 38 | 1,342,000 | - | 6,500 | 5,538 | 13,170 | |
33 | 40 | 859,429 | - | 2,940 | 2,200 | 150 | |
34 | 36 | 1,282,000 | - | 616 | 3,900 | ||
35 | 44 | 1,261,000 est |
- | 2,953 | 11,877 | ||
36 | 58 | 1,207,458 | 14,775 | 6,320 | 5,512 | 16,833 | |
37 | 41 | 1,193,400 est |
- | 2,519 | 1,088 | 3,348 | |
38 | 42 | 1,131,455 | 70,373 | 4,213 | 3,349 | 5,653 | |
39 | 43 | 1,127,348 | - | 1,215 | 3,499 | 3,345 | |
40 | 46 | 1,103,573 | 55,229 | 4,904 | 2,458 | 4,808 | |
41 | 27 | 1,096,958 | 167,351 | 4,014 | 989 | 6,637 | |
42 | 28 | 1,089,000 est |
- | 6,500 | 3,996 | 5,544 | |
43 | 48 | 1,057,251 | - | 3,050 | 4,300 | ||
44 | 50 | 1,054,000 est |
- | 5,300 | 3,550 | 9,200 | |
45 | 56 | 1,035,000 est |
- | 5,800 | 2,261 | 5,223 | |
46 | 49 | 1,003,153 | - | 4,486 | 2,600 | 9,400 | |
47 | 37 | 989,259 | 101,259 | 4,621 | 2,354 | 6,549 | |
48 | 55 | 962,180 est |
- | 5,583 | 3,500 | 5,000 | |
49 | 60 | 944,742 | - | 5,424 | 1,654 | 4,145 | |
50 | 53 | 904,600 | 2,000 | 637 | 1,679 | 3,754 | |
51 | 57 | 903,312 est |
- | 3,000 | 2,035 | 5,782 | |
52 | 54 | 886,000 | - | 783 | 1,020 | 1,508 | |
53 | 62 | 814,000 | 118,900 | 3,650 | 2,400 | 4,100 | |
54 | 61 | 810,807 | 18,416 | 2,530 | 2,200 | 8,567 | |
55 | 45 | 808,000 est |
- | 2,624 | 3,152 | 5,250 | |
56 | 67 | 795,000 | - | 3,200 | 2,500 | 2,345 | |
57 | 66 | 774,000 | - | 4,120 | 1,763 | 2,924 | |
58 | 758,000 est |
- | |||||
59 | 65 | 744,000 est |
- | 3,500 | 2,519 | 3,402 | |
60 | 64 | 736,236 est |
- | 1,837 | 1,797 | 1,915 | |
61 | 76 | 676,000 est |
- | 3,681 | 4,429 | ||
62 | 59 | 674,500 | - | 3,500 | 2,897 | 4,608 | |
63 | 68 | 670,079 | - | 2,325 | 2,392 | 7,666 | |
64 | 69 | 664,000 | - | 2,262 | 1,899 | 3,425 | |
65 | 70 | 647,000 est |
- | 266 | 2,093 | 2,093 | |
66 | 609,000 est |
- | 3,700 | 3,076 | 11,683 | ||
67 | 71 | 574,668 est |
- | 3,400 | 2,200 | 5,000 | |
68 | 73 | 574,000 est |
- | 2,933 | 2,166 | 5,820 | |
69 | 83 | 556,975 | - | 1,585 | 1,480 | 3,134 | |
70 | 74 | 547,128 est |
- | 2,000 | 2,000 | ||
71 | 75 | 531,522 est |
- | 2,000 | 1,286 | 1,284 | |
72 | 78 | 468,180 est |
- | 450 | 1,500 | ||
73 | 72 | 446,000 est |
- | 2,000 | 1,600 | 5,600 | |
74 | 63 | 443,000 est |
- | 2,043 | 6,300 | ||
75 | 85 | 425,089 | - | 619 | 1,199 | 2,011 | |
76 | 79 | 423,433 est |
- | 2,173 | 1,645 | 2,763 | |
77 | 80 | 415,120 est |
- | 260 | 550 | 650 | |
78 | 88 | 410,000 est |
- | 1,250 | 352 | 2,042 | |
79 | 81 | 403,002 est |
- | 1,485 | 576 | 1,147 | |
80 | 84 | 390,150 est |
- | 900 | 2,000 | ||
81 | 87 | 374,000 est |
- | 400 | 158 | 575 | |
82 | 357,000 | - | 600 | 640 | 1,300 | ||
83 | 82 | 349,442 | - | 1,754 | 1,596 | 2,420 | |
84 | 92 | 332,000 | - | 1,150 | 1,005 | 1,900 | |
85 | 91 | 331,258 est |
- | 930 | 616 | 1,000 | |
86 | 330,000 | - | 1,404 | 687 | 1,423 | ||
87 | 86 | 323,556 | 187,260 | 1,225 | 615 | 1,805 | |
88 | 94 | 320,000 est |
- | 1,700 | 800 | 2,400 | |
89 | 93 | 312,933 est |
- | 509 | 757 | 3,400 | |
90 | 95 | 305,694 est |
- | 1,500 | 4,000 | ||
91 | 96 | 301,222 est |
- | 1,300 | 1,200 | 4,600 | |
92 | 97 | 290,822 est |
- | 1,200 | 1,897 | 2,068 | |
93 | 98 | 264,906 | - | 1,095 | 750 | 3,340 | |
94 | 253,000 est |
- | 1,600 | 600 | |||
95 | 248,467 | - | 1,350 | 849 | 623 | ||
96 | 100 | 232,529 est |
- | 588 | 653 | 1,250 | |
97 | 207,000 | - | 1,090 | 850 | 2,200 | ||
98 | 204,698 | 6,141 | 1,288 | 1,150 | 2,696 | ||
99 | 198,166 | -1,324 | 1,315 | 702 | 1,620 | ||
100 | 182,415 | 13,426 | 1,800 | 119 | 295 |
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.
* Tractor count includes company-owned, lease-to-own and owner-operator tractors.
#2 FedEx Corp. revenue and net income is for the 12-month period ended Feb. 29, 2024.
#4 TFI’s revenue is adjusted to reflect its acquisition of Daseke Inc. in April 2024.
#6 Ryder’s revenue is adjusted to reflect its acquisition of Cardinal Logistics in February 2024.
#33 IMC Logistics revenue data was provided by the company to replace the previously published estimate that determined its ranking on the Top 100 list.
#47 Mullen Group revenue and income converted to U.S. dollars based on average 2023 exchange rate.
#48 10 Roads Express revenue estimate is based on data provided by Culhane Meadows.
#28 PS Logistics, #30 OnTrac Inc., #37 Lynden, #51 Quality Carriers, #60 United Road Services, #67 Trimac Transportation, #70 Heniff, #71 Jack Cooper Holdings, #72 ContainerPort Group, #76 Maverick USA, #77 Beemac Trucking, #79 Dependable Supply Chain Services, #80 Koch Cos., #89 Artur Express, #90 Western Flyer Express, #91 New Legend, #92 Transervice Logistics and #96 National Carriers revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
#17 R+L Carriers, #25 CRST, #35 Central Transport International, #58 Manitoulin Group of Cos., #61 TMC Transportation, #65 Mercer Transportation, #66 FirstFleet and #68 Roehl Transport revenues are estimated by SJ Consulting Group.
#25 Averitt Express, #42 C.R. England, #45 Dayton Freight Lines, #55 Hirschbach Motor Lines, #59 Canada Cartage, #73 Mesilla Valley Transportation, #74 USA Truck, #78 Roadrunner Freight, #81 Daylight Transport, #88 Oak Harbor Freight Lines and #94 Ward Transport & Logistics revenue estimates are based on data provided by SJ Consulting Group.
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.
FedEx Details Planned Changes During Q2 2025 Earnings
The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.
FedEx Freight Spinoff to Create Largest LTL Carrier
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.
Yellow, Pension Funds' Claims Battle to Extend Through Q1
Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.
Fleets Navigate the Challenges of Driver Acceptance of ADAS
Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.
Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals
Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.
Cyber Monday Shoppers Expected to Set a Record
Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.
Trucking CFOs, Leaders Eye 2025 Recovery With Tight Budgets
Carriers are grappling with a tough freight market, relying on cost-cutting measures, operational efficiency and strategic revenue opportunities to stay ahead.
Kenan Advantage Expands Dry Bulk With Two November Deals
North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.
November 25, 2024Roadrunner Owner Sells Majority Stake to CEO Jamroz, Partner
A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.
Schneider Acquiring Cowan Systems in $390 Million Deal
Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.
November 25, 2024