North America’s largest trucking companies continued growth in 2022 despite a weaker freight environment
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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 | UPS Inc.
|
100,300,000 | 11,500,000 | 536,000 | 16,440 | 85,024 |
2 | 2 | FedEx Corp.
|
92,619,000 | 2,992,000 | 547,000 | 38,749 | 141,902 |
3 | 4 | J.B. Hunt Transport Services
|
14,814,000 | 969,351 | 37,000 | 20,215 | 43,040 |
4 | 5 | TFI International
|
8,813,000 | 823,000 | 25,836 | 18,347 | 38,091 |
5 | 3 | XPO
|
7,718,000 | 666,000 | 38,000 | 8,200 | 27,000 |
6 | 6 | Landstar System
|
7,437,000 | 430,914 | 1,449 | 11,281 | 18,593 |
7 | 7 | Knight-Swift Transportation Holdings
|
7,429,000 | 771,000 | 27,900 | 21,899 | 83,210 |
8 | 8 | Schneider
|
6,604,400 | 457,800 | 17,050 | 10,200 | 44,120 |
9 | 11 | Ryder System
|
6,506,000 | 288,000 | 48,000 | 69,400 | 41,500 |
10 | 9 | Old Dominion Freight Line
|
6,260,077 | 1,377,159 | 24,027 | 11,274 | 45,567 |
11 | 13 | Hub Group
|
5,340,000 | 357,000 | 5,900 | 3,050 | 4,600 |
12 | 14 | ArcBest
|
5,324,052 | 298,209 | 15,000 | 4,457 | 23,968 |
13 | 10 | Yellow Corp.
|
5,245,000 | 22,000 | 30,000 | 12,700 | 42,000 |
14 | 12 | Estes Express Lines
|
5,150,000 | - | 22,111 | 9,694 | 37,032 |
15 | 15 | Penske Logistics
|
4,400,000 | - | 20,743 | 8,242 | 22,375 |
16 | 16 | NFI
|
3,900,000 | - | 16,800 | 5,000 | 14,300 |
17 | 17 | Werner Enterprises
|
3,289,978 | 241,256 | 14,300 | 8,639 | 27,650 |
18 | 19 | R+L Carriers
|
2,864,000 est |
- | 6,774 | 19,709 | |
19 | 20 | Prime Inc.
|
2,813,522 | 450,972 | 4,685 | 8,575 | 17,472 |
20 | 18 | Purolator
|
2,800,000 | 338,000 | 13,222 | 529 | 1,070 |
21 | 21 | Saia Inc.
|
2,792,057 | 357,422 | 12,300 | 6,200 | 20,800 |
22 | 24 | Kenan Advantage Group
|
2,480,512 | - | 10,000 | 7,320 | 12,700 |
23 | 22 | Evans Delivery
|
2,425,000 est |
- | 650 | 9,000 | 3,000 |
24 | 23 | U.S. Xpress Enterprises
|
2,161,000 | -42,000 | 9,397 | 7,200 | 14,400 |
25 | 26 | Universal Logistics Holdings
|
2,015,456 | - | 10,000 | 4,260 | 3,945 |
26 | 25 | CRST The Transportation Solution
|
2,000,000 | - | 6,224 | 4,788 | |
27 | 27 | Forward Air
|
1,973,000 | 193,000 | 4,155 | 916 | 6,726 |
28 | 29 | C.R. England
|
1,837,665 | - | 6,500 | 3,996 | 5,544 |
29 | 32 | Averitt Express
|
1,834,641 | - | 9,309 | 5,255 | 15,774 |
30 | 30 | Anderson Trucking Service
|
1,794,300 | - | 2,413 | 2,631 | 6,941 |
31 | 31 | Daseke Inc. (TFI)
|
1,773,000 | 50,000 | 4,123 | 4,982 | 10,723 |
32 | 35 | Southeastern Freight Lines
|
1,741,123 | - | 8,694 | 3,075 | 8,440 |
33 | 36 | PS Logistics
|
1,710,000 | - | 3,600 | 3,950 | 6,400 |
34 | 38 | Ruan
|
1,680,306 | - | 5,500 | 3,792 | 10,566 |
35 | 27 | OnTrac Inc.
|
1,662,000 est |
- | |||
36 | 33 | UniGroup
|
1,600,000 | - | 795 | 150 | 5,237 |
37 | 52 | Mullen Group
|
1,536,895 | 121,906 | 4,459 | 2,167 | 6,333 |
38 | 37 | Crete Carrier Corp.
|
1,525,000 est |
- | 6,500 | 5,000 | 13,000 |
39 | 34 | Day & Ross
|
1,510,000 | - | 8,964 | 3,289 | 9,854 |
40 | 43 | IMC Logistics
|
1,397,609 | - | 2,797 | 1,890 | 150 |
41 | 39 | Lynden
|
1,300,000 | - | 2,519 | 1,088 | 3,348 |
42 | 47 | Marten Transport
|
1,263,878 | 110,354 | 4,575 | 3,660 | 5,753 |
43 | 42 | Bennett Family of Cos.
|
1,251,872 | - | 1,175 | 3,337 | 2,911 |
44 | 40 | Central Transport International
|
1,236,000 est |
- | 2,953 | 11,877 | |
45 | 64 | Hirschbach Motor Lines
|
1,219,000 | - | 2,624 | 3,152 | 5,250 |
46 | 40 | Covenant Logistics Group
|
1,216,858 | 108,682 | 4,985 | 2,368 | 5,074 |
47 | ITS Logistics
|
1,210,000 | 202,900 | 1,027 | 160 | 1,976 | |
48 | 48 | KLLM Transport Services
|
1,142,000 | - | 3,500 | 5,900 | |
49 | 53 | Bison Transport
|
1,109,156 | - | 4,406 | 2,577 | 9,300 |
50 | 45 | Western Express
|
1,107,974 | 145,023 | 5,300 | 3,550 | 9,200 |
51 | 44 | Cardinal Logistics
|
1,102,000 | - | 4,070 | 3,245 | 9,000 |
52 | 54 | AAA Cooper Transportation
|
1,069,554 | 142,500 | 5,500 | 3,261 | 8,200 |
53 | 46 | Atlas World Group
|
1,064,200 | 13,400 | 840 | 1,638 | 3,562 |
54 | 61 | R&R Family of Cos.
|
1,014,000 | - | 746 | 1,016 | 1,626 |
55 | 49 | 10 Roads Express
|
1,012,000 | - | 5,583 | 3,300 | 3,900 |
56 | 60 | Dayton Freight Lines
|
1,004,000 | - | 5,838 | 2,261 | 5,223 |
57 | 51 | Quality Carriers
|
984,000 est |
- | 1,600 | 2,600 | 7,500 |
58 | 66 | Heartland Express
|
968,000 | 137,000 | 4,710 | 5,946 | 18,551 |
59 | 72 | Fastfrate Group
|
950,000 est |
- | 3,000 | 2,702 | 5,019 |
60 | 50 | Pitt Ohio
|
948,670 | - | 5,315 | 1,611 | 4,131 |
61 | 58 | P.A.M. Transport
|
947,000 | 91,000 | 3,395 | 2,451 | 7,784 |
62 | 55 | Stevens Transport
|
910,000 | 184,500 | 3,350 | 2,275 | 3,850 |
63 | 57 | USA Truck
|
853,000 est |
25,000 | 2,069 | 2,157 | 6,548 |
64 | 56 | United Road Services
|
802,000 est |
- | 1,837 | 1,978 | 2,110 |
65 | 59 | Canada Cartage
|
774,000 | - | 3,500 | 2,519 | 3,402 |
66 | 63 | A. Duie Pyle
|
768,000 | - | 3,977 | 1,528 | 3,036 |
67 | RoadOne IntermodaLogistics
|
749,767 | - | 3,806 | 2,200 | 1,890 | |
68 | 62 | Cowan Systems
|
727,612 | - | 2,527 | 2,569 | 7,426 |
69 | 74 | Quantix Supply Chain Solutions
|
715,000 | - | 2,094 | 1,640 | 3,764 |
70 | 65 | Mercer Transportation
|
635,000 | - | 266 | 2,093 | 2,093 |
71 | 67 | Trimac Transportation
|
626,000 est |
- | 1,681 | 3,250 | |
72 | 73 | Mesilla Valley Transportation
|
622,328 | - | 2,897 | 1,756 | 6,311 |
73 | 70 | Roehl Transport
|
606,744 | - | 2,933 | 2,166 | 5,820 |
74 | 68 | Heniff Transportation Systems
|
596,000 est |
- | 1,806 | 5,066 | |
75 | 71 | Jack Cooper Holdings
|
579,000 | - | 2,000 | 1,286 | 1,284 |
76 | 75 | TMC Transportation
|
566,000 est |
- | 3,098 | 4,252 | |
77 | 69 | Two Men and a Truck Movers
|
525,000 est |
- | 11,396 | ||
78 | 93 | ContainerPort Group
|
510,000 | - | 450 | 1,500 | |
79 | 79 | Maverick USA
|
461,256 | - | 2,173 | 1,645 | 2,763 |
80 | 91 | Beemac Trucking
|
452,201 | - | 260 | 550 | 650 |
81 | 83 | Dependable Supply Chain Services
|
439,000 | - | 1,485 | 576 | 1,147 |
82 | 86 | Melton Truck Lines
|
438,305 | - | 1,698 | 1,456 | 2,281 |
83 | 76 | Foodliner/Quest Liner
|
437,035 | - | 1,684 | 1,621 | 3,125 |
84 | 85 | Koch Cos.
|
425,000 est |
- | 1,213 | 983 | 5,689 |
85 | 98 | PGT Holdings
|
404,080 | 18,789 | 596 | 1,096 | 1,719 |
86 | 84 | Dupré Logistics
|
393,000 | - | 1,225 | 675 | 1,400 |
87 | 80 | Daylight Transport
|
389,000 est |
- | |||
88 | 79 | Roadrunner Freight
|
386,000 est |
- | |||
89 | 81 | Dart Transit Co.
|
377,600 est |
- | 2,051 | 7,140 | |
90 | 82 | Red Classic
|
365,000 est |
- | 1,206 | 649 | 3,500 |
91 | 88 | Leonard's Express
|
360,848 | 3,583 | 930 | 616 | 1,089 |
92 | 90 | Trans-System
|
356,000 | - | 1,170 | 995 | 1,920 |
93 | 96 | Artur Express
|
340,886 | - | 509 | 757 | 3,400 |
94 | 94 | Oak Harbor Freight Lines
|
338,000 est |
- | 1,700 | 777 | 2,487 |
95 | 89 | Western Flyer Express
|
333,000 est |
- | 1,150 | 4,000 | |
96 | 92 | New Legend
|
328,129 | - | 1,300 | 1,200 | 4,600 |
97 | 95 | Transervice Logistics
|
316,800 | - | 1,200 | 1,897 | 5,487 |
98 | 100 | Paper Transport
|
301,328 | - | 1,260 | 900 | 3,200 |
99 | 97 | Paschall Truck Lines
|
265,000 est |
- | 1,545 | 1,170 | 3,500 |
100 | National Carriers
|
253,300 | - | 588 | 653 | 1,250 |
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. 28, 2023.
#7 Knight-Swift data does not reflect its planned acquisition of U.S. Xpress Enterprises, which the companies expected to close late in the second quarter or early in the third quarter.
#24 U.S. Xpress: In March, Knight-Swift announced plans to acquire U.S. Xpress Enterprises but the acquisition had not closed at press time.
#37 Mullen Group: Revenue and income converted to U.S. dollars from Canadian dollars based on average 2022 exchange rate.
#59 Fastfrate Group 2022 revenue and equipment counts are estimated by TT based on multiple data sources.
#77 Two Men and a Truck Movers revenue is for 2019.
#89 Dart Transit Co. revenue is estimated by SJ Consulting Group for 2020.
#90 Red Classic revenue is for 2021.
#99 Paschall Truck Lines revenue is for 2021.
#18 R+ L Carriers, #23 Evans Delivery, #35 OnTrac Inc., #38 Crete Carrier Corp., #44 Central Transport International, #57 Quality Carriers, #63 USA Truck, #64 United Road Services, #71 Trimac Transportation, #74 Heniff Transportation Systems, #76 TMC Transportation, #84 Koch Cos., #87 Daylight Transport, #88 Roadrunner Freight, #94 Oak Harbor Freight Lines, #95 Western Flyer Express revenue is estimated by SJ Consulting Group.
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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
UPS Workers Approve New Union Contract
The 340,000 employees of UPS Inc. represented by the International Brotherhood of Teamsters have approved a new five-year labor pact with the company.
Estes Offers $1.3 Billion for Yellow Terminals
Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.
Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.
Yellow Looks to Finalize Bankruptcy Loan
Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.
Forward Air Plans Merger With Omni Logistics
Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.
Trucking Industry Reports Predictably Weak Q2
The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.
Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
August 9, 2023Searches for UPS Jobs Soar Following Union Deal
UPS Inc. has become a hot employer since its union last month secured $30 billion in new money over a five-year contract.
UPS Lost More Business Than Expected on Strike Threat
Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.
Yellow Files for Chapter 11 Bankruptcy
Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.