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 | 26 | 1,668,000 est |
- | 6,224 | 4,778 | ||
25 | 29 | 1,668,000 est |
- | 9,309 | 5,255 | 15,774 | |
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.
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.
Marten Reports Record-Breaking Results for Q2
Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.