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 Posts Q2 Loss, but Revenue Soars on Acquisition
Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.
ArcBest Q2 Profit Climbs on LTL Margin, Price Increase
Profit at ArcBest rose 16.1% year over year in the second quarter as an improvement in less-than-truckload revenue per shipment and an increase in prices trumped a decline in shipments.
Hub Group Misses Analyst Expectations on Weak Q2 Market
Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.
Schneider Q2 Profit Slumps as Intermodal, Logistics Revenue Falls
Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.
XPO Q2 Profit Jumps as LTL Shipments Rise 4.5%
XPO profit jumped in the second quarter as revenue increased 8% on the back of a 4.5% increase in North American LTL shipments and 7.4% rise in the return obtained for those shipments.
Landstar Q2 Profits Dip Amid Dry Van Market Softness
Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.
Werner Spots Signs of Hope Despite Disappointing Q2
Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.
Estes Eyes 12% Terminal Door Total Increase in 2024
Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.
Saia Lifts Target for 2024 Terminal Openings to 21
Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.
TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026
TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.
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