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 Kenan Advantage Group 2,480,512
2 Quality Carriers 850,000
est
3 Trimac Transportation Services 600,000
est
4 Heniff Transportation Systems 562,000
est
5 Foodliner/Quest Liner 437,035
6 Quantix Supply Chain Solutions 275,100
est
7 Groendyke Transport 273,125
est
8 Evans Delivery 140,000
est
9 Cliff Viessman Inc. 127,513
10 Andrews Logistics 117,120
11 Martin Transport Inc. 111,600
est
12 Prime Inc. 104,369
13 Apex Logistics 81,800
est
14 Dupré Logistics 72,989
15 Liquid Trucking Cos. 66,065
16 J&M Tank Lines 64,241
est
17 Cardinal Logistics 57,000
18 NFI 46,400
19 Wynne Transport Services 29,700
est
20 Canada Cartage 28,000
est
21 Bulk Service Transport 27,000
22 PGT Holdings 19,036
Extras

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

104

On the Bubble

Highlight Motor Group ($217 million), is a truckload and LTL carrier based in Concord, Ontario.

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

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
Business, Logistics, For-Hire

Saia Reports Lower Q2 Profit, Revenue

Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.

Keiron Greenhalgh | Staff Reporter
July 31, 2023
Government, Business, Logistics, For-Hire

Georgia Distribution Center to Team NFI, Bradshaw Home

Georgia officials announced plans to open a new East Coast distribution center in Effingham County to bring  Bradshaw Home’s products to customers faster through a partnership with NFI.

Noël Fletcher | Staff Reporter
July 31, 2023
Business, Logistics, For-Hire

Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year

Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.

Keiron Greenhalgh | Staff Reporter
July 31, 2023
Business, Logistics, For-Hire

ArcBest Q2 Profit More Than Halves on Weak Demand

ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28. 

Keiron Greenhalgh | Staff Reporter
July 31, 2023
Business, Logistics, For-Hire

Yellow Ceases Operations

Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.

Dan Ronan | Senior Reporter
July 30, 2023
Business, Logistics, For-Hire

Yellow Puts Logistics Division Up for Sale

Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.

Dan Ronan | Senior Reporter
July 28, 2023
Business, Equipment, Logistics, For-Hire

Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge

Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 27, 2023
Business, Logistics, For-Hire

Landstar Records Q2 Earnings Drop but Beats Expectations

Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.

Connor D. Wolf | Staff Reporter
July 27, 2023
Government, Business, For-Hire

Yellow Says Discussions With Teamsters Ongoing

Less-than-truckload carrier Yellow Corp. said it continues to negotiate with union leaders as the future of the company, which has been in operation for nearly 100 years, may be in jeopardy.

Dan Ronan | Senior Reporter
July 26, 2023
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