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

103

On the Bubble

May Trucking ($242 million), is a refrigerated and truckload carrier based in Salem, Ore.

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, 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
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

Daniel Urie | Pennlive.com
May 1, 2023
Business, Logistics, For-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Equipment, For-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

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

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

Keiron Greenhalgh | Staff Reporter
April 26, 2023
Business, Logistics, For-Hire

UPS Reports Lower Earnings as Consumer Spending Slows

UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.

Dan Ronan | Senior Reporter
April 25, 2023
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