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.
Estes Eyes 12% Terminal Door Total Increase in 2024
Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.
Saia Lifts Target for 2024 Terminal Openings to 21
Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.
TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026
TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.
FAA Clears Drone Companies to Operate in Shared Airspace
The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.
Saia Q2 Profit, Revenue Rise on Former Yellow Facilities
Profits and revenues at Saia Inc. jumped in the second quarter of 2024 as the carrier continued to benefit from the collapse of erstwhile less-than-truckload rival Yellow Corp.
TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls
TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.
Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains
Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.
Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize
Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.
Old Dominion Posts Third Straight Quarter of Revenue Growth
Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.
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