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.
KAG Energy Expands Midwest Footprint
KAG Energy is growing its operations in the Midwest after recently securing new business in the region, the business group announced June 27.
June 27, 2022DB Schenker to Acquire USA Truck for $435 Million
USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.
UPS Donates Semi-Tractor to Georgia Technical College
ALBANY, Ga. — UPS Inc. has agreed to donate a semi-tractor to Albany Technical College at the Logistics Education Center on the college’s main campus.
June 24, 2022FedEx Reports Quarterly, Annual Revenue Growth
FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.
Interactive Map: Where the 2023 Top 100 For-Hire Carriers Are in North America
Find out where the 2023 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 23, 2022FedEx Takes Delivery of 150 BrightDrop EVs
FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.
June 21, 2022How the Pandemic Accelerated Change for Motor Carriers
Few industries came under as much pressure and made as many adjustments during the COVID-19 pandemic as trucking. Industry executives see permanent changes resulting from how COVID altered the economy, consumer behavior and business interactions.
2022 Top 100 For-Hire Carriers List Illustrates Growth of Large Fleets
Despite lingering supply chain disruptions and an extremely tight labor market, most of the largest for-hire motor carriers in North America achieved significant revenue gains and higher profits last year. That extraordinary business growth is clearly reflected on the 2022 edition of Transport Topics’ Top 100 For-Hire Carriers list.
Ryder Expands Freight Brokerage Business
Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.
June 17, 2022Firms Leverage Innovations to Manage Supply Chain Disruptions
CHICAGO — Trucking and logistics leaders said their companies’ investments in technology and more flexible service offerings have paid dividends during the supply chain turbulence of the past few years.