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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

Impact of a Potential UPS Strike Looms Large

Like many UPS customers, Jessica Ray relies on deliveries of dog food and just about everything else for her home. Contentious labor negotiations at UPS could disrupt that comfort zone.

Matt Ott and Haleluya Hadero | Associated Press
May 23, 2023
Business, Technology, Logistics, For-Hire

Schneider Debuts Transportation-Focused Innovation Center

Schneider National has opened a new facility aimed at spurring innovation in the transportation sector, the company announced May 17.

May 22, 2023
Government, Business, Logistics, For-Hire

Transportation Labor Gets Biden Administration Attention

Transportation leaders from government and industry are closely watching labor negotiations, including pending contracts with workers from both UPS Inc. and Yellow Corp.

Dan Ronan | Senior Reporter
May 18, 2023
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Corporate Staff Ahead of Knight-Swift Deal

After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 12, 2023
Business, Logistics, For-Hire, TCA

XPO Confirms Job Cuts to Reduce Labor Costs

GREENWICH, Conn. — XPO, one of the world’s largest freight transporters, is reducing its workforce as part of a cost-cutting plan.

Paul Schott | The Advocate (Stamford, Conn.)
May 9, 2023
Government, Business, Technology, For-Hire

ATA Leadership Touts Wins on Federal, State Levels

HOLLYWOOD, Fla. — The trucking industry is scoring wins on the national and state levels, said American Trucking Associations President Chris Spear at the Mid-Year Management Session.

Dan Ronan | Senior Reporter
May 9, 2023
Government, Business, Fuel, For-Hire

Diesel Tumbles 9.6¢ to $3.922 a Gallon

The national average price for a gallon of diesel tumbled 9.6 cents — its largest drop of the year — to reach $3.922,  according to Energy Information Administration data released May 8.

Keiron Greenhalgh | Staff Reporter
May 8, 2023
Government, Logistics, For-Hire

Yellow Reports Q1 Loss

Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.

Dan Ronan | Senior Reporter
May 4, 2023
Business, Technology, Fuel, Logistics, For-Hire

Ryder Introduces Electric Vehicle Service

ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.

Seth Clevenger | Managing Editor, Features and Multimedia
May 2, 2023
Business, Equipment, For-Hire

Forward Air Reports Revenue and Earnings Decline for Q1

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

Connor D. Wolf | Staff Reporter
May 1, 2023
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