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.
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Tank Truck/Bulk Carriers
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 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Quality Carriers, Trimac, Heniff, Quantix, Evans Delivery, Cliff Viessman, Andrews Logistics, Liquid Trucking and Canada Cartage revenues are estimated by Transport Topics based on prior-year data and industry
revenue trends.
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.
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.
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, 2023Transportation 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.
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.
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.
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.
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.
Yellow Reports Q1 Loss
Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.
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.
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.