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.
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Refrigerated (Truckload & LTL) Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | Prime Inc. | 2,147,962 |
2 | KLLM Transport Services | 1,057,251 |
3 | Stevens Transport | 814,000 |
4 | Hirschbach Motor Lines | 753,647 est |
5 | Marten Transport | 465,475 |
6 | C.R. England | 257,633 est |
7 | Leonard's Express | 208,694 est |
8 | PS Logistics | 183,611 est |
9 | Day & Ross | 183,480 |
10 | NFI | 169,901 |
11 | WEL Cos. | 154,924 est |
12 | Bay and Bay Transportation | 135,000 |
13 | May Trucking Co. | 133,054 |
14 | National Carriers | 124,389 est |
15 | Canada Cartage | 111,441 est |
16 | Hurricane Express | 104,573 |
17 | Schuster Co. | 101,000 |
18 | Roehl Refrigerated Transport | 79,324 est |
19 | Bison Transport | 77,785 |
20 | Portage Transport | 32,130 est |
21 | Artur Express | 25,026 est |
22 | Cowan Systems | 19,392 |
23 | Sorenson Transport | 18,913 |
24 | Beemac Trucking | 13,770 est |
25 | TWT Refrigerated | 12,000 |
26 | AMX Trucking | 9,180 est |
27 | AFC Transport | 8,262 est |
28 | Atlas World Group | 2,566 |
29 | Supra National Express | 1,000 |
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.
Hirschbach, C.R. England, Leonard’s Express, PS Logistics, WEL Cos., National Carriers, Canada Cartage, Roehl, Portage Transport, Artur Express, Beemac, AMX
Trucking and AFC Transport revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
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.
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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.
J.B. Hunt Promotes Trio of Executives
J.B. Hunt Transport Services recently announced a series of executive appointments.
November 15, 2024Kuehne + Nagel Acquires Majority Stake in IMC Logistics
Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.
November 14, 2024Leading Freight Companies Prepare for Trucking Turnaround
Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.
TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western
TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.
PS Logistics Unit Buys Louisiana Flatbed Carrier Fluker
Since 2016, Birmingham, Ala.-based PS Logistics has acquired 27 trucking operations and five non-asset-based logistics operations in the U.S.
Pup Trailers Can Help Fleets Improve Efficiency, Lower Costs
Trucks pulling two 28-foot trailers, or “pups,” have become common in the LTL segment as large fleets utilize these vehicle combinations to increase flexibility in their delivery networks.
Nikola Leads Field in Hydrogen Fuel Cell EV Deployment
Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.
Intermodal Load Growth Cushions Hub Group Q3 Profit Decline
Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.
Schneider Q3 Revenue, Profit Decline in Weak Freight Market
The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.
Heartland Express in Red for Q3 Again but Loss Narrows
Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units turned in an improved performance.