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.
Roadrunner Offers Free LTL Delivery on Late Shipments
Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.
Knight-Swift Reports 69% Earnings Drop in Q3
Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.
Mullen Group Reports Mixed Q3 Results
Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.
Marten Revenue Nears $280 Million Amid Tough Q3 Market
Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.
Autonomous Trucks Could Create Safer Roads, Better Jobs
AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.
Yellow Aims to Appoint Auction Houses for Rolling Stock Sale
The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.
J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year
J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.
Yellow Extends Bid Deadline for Trucks, Trailers
Yellow Corp. has rescheduled the bid deadline for its fleet of trucks and trailers, according to court documents related to the shuttered carrier’s ongoing bankruptcy proceedings.
Estes Rating, Quoting System Returns to Action After Cyberattack
Estes Express Lines late Oct. 12 said its rating and quoting system, as well as telephone lines and email access, were again operational following a cyberattack earlier in the month.
Mercedes Unveils Longhaul Electric Truck
Mercedes-Benz Trucks revealed a heavy-duty electric truck to take on Tesla Inc.’s battery-powered Semi, the latest move in the intensifying race to decarbonize road logistics.