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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 Kenan Advantage Group 2,406,635
2 Quality Carriers 984,000
est
3 Trimac Transportation Services 574,668
est
4 Foodliner/Quest Liner 556,974
5 Heniff Transportation Systems 547,128
est
6 Quantix Supply Chain Solutions 402,349
est
7 United Petroleum Transports 166,428
8 Evans Delivery 139,317
est
9 Cliff Viessman Inc. 117,057
est
10 Prime Inc. 116,162
11 Dupré Logistics 108,895
12 Andrews Logistics 107,516
est
13 Liquid Trucking 60,648
est
14 NFI 44,500
15 Canada Cartage 29,718
est
16 Bulk Service Transport 23,000
17 PGT Holdings 16,710
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

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
Business, Logistics, Breaking News, For-Hire

UPS, Teamsters Reach Agreement on New Contract

UPS and the Teamsters have reached a tentative five-year collective bargaining agreement that covers more than 340,000 workers, the company and the union announced in separate statements.

Joe Howard and Dan Ronan | Staff Reporters
July 25, 2023
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