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.
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.
Forward Air CEO Tom Schmitt Exits After Omni Deal Completion
Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
February 8, 2024Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
February 8, 2024ArcBest Reports 31% Earnings Gain Despite Revenue Drop
ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.
February 7, 2024Auto Stoppages Push P.A.M. Transportation Into Red in Q4
Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.
February 5, 2024Saia Targets Further Expansion Via $1 Billion in 2024 Capex
Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.
February 5, 2024Fleets, Suppliers Work to Curb Fuel Card Skimming
Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.
February 5, 2024VMRS Portal Is Nearly Here
The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.
February 2, 2024Schneider Reports 12% Revenue Decline for Q4
Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.
February 1, 2024Landstar Reports 28% Revenue Decline for Q4
Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.
February 1, 2024Ryder to Acquire Cardinal Logistics
Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.
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