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
XPO Reports Q2 Income, Revenue Decline
XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.
Yellow Closure Reshuffles LTL Sector
Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
Schneider Sees Drop in Q2 Earnings
Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
Schneider Acquires M&M Transport
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.
TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes
Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.
Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck
Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.
Yellow Reportedly Working on Loan From Apollo
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.
August 1, 2023UPS-Teamsters Contract Takes Step Forward
Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.
Saia Reports Lower Q2 Profit, Revenue
Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.
Georgia Distribution Center to Team NFI, Bradshaw Home
Georgia officials announced plans to open a new East Coast distribution center in Effingham County to bring Bradshaw Home’s products to customers faster through a partnership with NFI.