2023 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

North America’s largest trucking companies continued growth in 2022 despite a weaker freight environment

Recruiting the truckers of tomorrow is a top priority for trucking companies preparing for years to come

Find out where the Top 100 For-Hire carriers are located by region; click links to view details about the company

Rankings
Rank Company Revenue (000)
1 Prime Inc. 2,456,395
2 KLLM Transport Services 1,142,000
3 Hirschbach Motor Lines 1,137,000
4 Stevens Transport 910,000
5 Swift Refrigerated 755,000
est
6 Marten Transport 500,462
7 C.R. England 286,022
8 Leonard's Express 227,336
9 Cardinal Logistics 204,000
10 PS Logistics 200,000
11 NFI 181,701
12 WEL Cos. 168,763
13 May Trucking Co. 145,000
14 Day & Ross 138,000
15 National Carriers 135,500
16 Erb Group 135,000
est
17 Canada Cartage 105,000
est
18 Bison Transport 94,556
19 Roehl Refrigerated Transport 72,000
est
20 Pacific Shipping 36,000
est
21 Portage Transport 35,000
22 Artur Express 27,271
23 Cowan Systems 27,124
24 Beemac Trucking 15,000
25 TWT Refrigerated 15,000
26 AMX Trucking 10,000
27 AFC Transport 9,000
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, Ore.

The numerous, complex regulations faced by the trucking industry can be made simpler using new technology

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics

While mergers and acquisitions alter the business landscape, top for-hire carriers grew revenues across segments in 2022

Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list

For-Hire News
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

Thomas Black | Bloomberg News
March 17, 2023
Government, Business, Logistics, For-Hire

New UPS Distribution Center in N.C. to Create 60 Driver Jobs

Some 60 new truck driver jobs are coming to southeastern North Carolina in the largest business venture there in 40 years thanks to a new UPS distribution center.

Noël Fletcher | Staff Reporter
February 27, 2023
Business, Equipment, For-Hire

January Net Trailer Orders Drop 58% Following Year-End Surge

U.S. trailer orders in January decreased 9% year-over-year to 24,300 from 26,595 a year earlier, reported ACT Research. This comes a month after net trailer orders reached their second-highest level on record at 57,300. Also, orders dropped 58% from near-record results the prior month.

Connor D. Wolf | Staff Reporter
February 23, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall

FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.

Mary Schlangenstein | Bloomberg News
February 23, 2023
Business, Logistics, For-Hire

Forward Air Reports Q4, Full-Year Records

Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.

Connor D. Wolf | Staff Reporter
February 9, 2023
Government, Business, Technology, Equipment, Autonomous, For-Hire

Electric, Autonomous Trucks Hold Promise, Executives Say

LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.

Seth Clevenger | Managing Editor, Features and Multimedia
February 8, 2023
Business, Logistics, For-Hire

Forward Air Expands in Chicago Area With New Terminal

Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.

Connor D. Wolf | Staff Reporter
February 6, 2023
Business, For-Hire

ArcBest Reports Earnings Decline, Revenue Gain for Q4

ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.

Connor D. Wolf | Staff Reporter
February 3, 2023
Business, Logistics, For-Hire

Schneider Reports 18% Earnings Decline for Q4

Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.

Connor D. Wolf | Staff Reporter
February 2, 2023
Business, Logistics, For-Hire

Landstar System Reports Revenue Decline for Q4

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.

Connor D. Wolf | Staff Reporter
February 2, 2023
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