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.
Yellow’s Terminals: Analysts Expect More Bids
Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.
Yellow’s Shutdown Opens Up LTL Market for Competitors
The Yellow Corp. shutdown is having a downstream effect on the less-than-truckload space as freight volumes flow toward competitors.
Private Equity Firm H.I.G. Buys 3PL Ascent Global Logistics
A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.
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, 2023-
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