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.
U.S. Xpress Cuts 70 Corporate, IT Jobs
After reporting a first-quarter loss of more than $8.9 million May 5, U.S. Xpress Enterprises confirmed May 12 it laid off about 70 of its corporate and information technology staff in response to less-than-anticipated growth in the company’s trucking business.
Trucking Continues to See Robust M&A Market
Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
Yellow Narrows Losses, Outlines Goals
Yellow Corp. posted its best first-quarter results in six years as losses narrowed and revenue increased, the company announced May 10.
VTNA Gets Orders for 90 More VNR Electric Trucks
LONG BEACH, Calif. — Volvo Trucks North America announced NFI Industries and Quality Custom Distribution, between them, placed orders for an additional 90 Volvo VNR Electric Class 8 vehicles.
U.S. Xpress Reports Earnings Loss Despite Revenue Gains
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
China’s Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
Werner Reports 24% Increase in Revenue for Q1
Werner Enterprises posted net income of $53.7 million, or 82 cents a diluted share, for the first quarter, compared with $46.5 million, 68 cents, during the same time the previous year, the company reported May 3.
Daseke Reports 26% Rise in Revenue for Q1
Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.
Shippers Turn to Trucking for Help Meeting Carbon Reduction Goals
LAS VEGAS — As large corporations make bold pledges to achieve carbon neutrality in the coming decades, they are increasingly looking at their supply chains as an opportunity to make progress toward those goals.
Saia Reports 112% Increase in Earnings for Q1
Saia Inc. experienced a 112% year-over-year increase in total earnings for the first quarter, the company reported May 2.
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