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2024 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

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.

Rankings
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
Extras

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.

For-Hire News
Business, Logistics, For-Hire

UPS Lost More Business Than Expected on Strike Threat

Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.

Keiron Greenhalgh | Staff Reporter
August 8, 2023
Government, Business, Breaking News, For-Hire

Yellow Files for Chapter 11 Bankruptcy

Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.

Dan Ronan | Senior Reporter
August 7, 2023
Business, Logistics, For-Hire

XPO Reports Q2 Income, Revenue Decline

XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.

Dan Ronan | Senior Reporter
August 4, 2023
Government, Business, Logistics, For-Hire

Yellow Closure Reshuffles LTL Sector

Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.

Dan Ronan | Senior Reporter
August 3, 2023
Business, Logistics, For-Hire

Schneider Sees Drop in Q2 Earnings

Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.

Dan Ronan | Senior Reporter
August 3, 2023
Business, Equipment, Logistics, For-Hire

Schneider Acquires M&M Transport

Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.

Joe Howard | Executive Editor
August 3, 2023
Business, Logistics, For-Hire

TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes

Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.

Keiron Greenhalgh | Staff Reporter
August 2, 2023
Business, Technology, Equipment, Fuel, For-Hire

Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck

Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.

Keiron Greenhalgh | Staff Reporter
August 2, 2023
Business, For-Hire

Yellow Reportedly Working on Loan From Apollo

Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.

August 1, 2023
Business, Logistics, For-Hire

UPS-Teamsters Contract Takes Step Forward

Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.

Dan Ronan | Senior Reporter
August 1, 2023
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