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
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.
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.
10 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.
FedEx 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.
Knight-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.
J.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.
J.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.