2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 Knight-Swift Transportation 4,098,000
2 Landstar System 3,525,800
3 J.B. Hunt Transport Services 3,374,200
4 TFI International 2,136,100
5 Schneider 1,900,000
6 Werner Enterprises 1,789,100
7 U.S. Xpress Enterprises 1,567,500
8 Ryder Dedicated Transportation Solutions 1,457,200
9 Crete Carrier Corp. 1,304,000
est
10 Penske Logistics 1,101,000
est
11 CRST The Transportation Solution 1,000,000
12 Ruan 733,669
est
13 NFI 689,100
14 Heartland Express 607,000
15 Western Express 573,900
16 C.R. England 555,300
17 Day & Ross Freight 521,000
18 Mesilla Valley Transportation 494,000
19 P.A.M. Transport 473,800
20 Universal Truckload 453,000
21 USA Truck 440,300
22 Averitt Express 423,700
23 Cardinal Logistics 422,000
24 Cowan Systems 386,400
25 Bison Transport 384,100
26 Marten Transport 329,400
27 Covenant Logistics Group 324,500
28 Western Flyer Express 320,000
29 Dart Transit Co. 312,000
est
30 Roehl Transport 299,900
31 New Legend 294,000
32 Artur Express 271,900
33 Hub Group Dedicated 264,600
34 Canada Cartage 256,400
35 Paschall Truck Lines 250,000
36 Smith Transport 246,000
est
37 Anderson Trucking Service 235,300
38 Forward Air 223,000
39 Lily Transportation 220,000
est
40 Evans Delivery 180,000
41 Challenger Motor Freight 172,500
est
42 Paper Transport 169,400
43 Stan Koch & Sons Trucking 168,000
44 Red Classic 152,400
45 Ascend 148,000
46 GP Transco 146,100
47 Wilson Logistics 136,000
est
48 System Freight 120,500
49 Transervice Logistics 110,800
50 Cargo Transporters 107,400
51 A. Duie Pyle 100,600
52 Titan Transfer 100,000
53 R&R Family of Cos. 93,200
54 Nussbaum Transportation 92,000
est
55 Mercer Transportation 85,700
56 Highlight Motor Group 85,300
est
57 Cheema Freightlines 83,500
58 Southeastern Freight Lines 80,400
59 Best Logistics Group 65,900
60 JRayl Transport 63,000
est
61 Barnes Transportation Services 55,000
62 TGR Logistics 50,000
63 Meiborg Inc. 48,000
64 Dupré Logistics 47,000
65 Alabama Motor Express 46,000
66 Leonard's Express 42,000
67 Atech Logistics 40,000
68 McCollister's Global Services 35,000
69 Beemac Trucking 24,100
70 Atlas World Group 14,600
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Government, Business, Equipment, For-Hire

Federal Maritime Commission Reopens Port Chassis Probe

The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.

Eric Miller | Senior Reporter
July 11, 2024
Business, Logistics, For-Hire

UPS Names Brian Dykes New CFO

UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.

Cailley LaPara | Bloomberg News
July 9, 2024
Government, Business, Safety, Logistics, For-Hire

US Chamber Files Amicus Brief in Werner Verdict

The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.

Eric Miller | Senior Reporter
July 1, 2024
Business, Logistics, For-Hire

FedEx’s Strong Profit Forecast Drives Stock Surge

FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.

Cailley LaPara | Bloomberg News
June 26, 2024
Business, For-Hire

TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase

TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.

Keiron Greenhalgh | Staff Reporter
June 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS to Sell Coyote Logistics to RXO

UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

Connor D. Wolf | Staff Reporter
June 24, 2024
Business, For-Hire

Interactive Map: Where the 2024 Top 100 For-Hire Carriers Are in North America

Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.

June 21, 2024
Business, For-Hire, Top 100

A. Duie Pyle Celebrates Centennial Milestone

From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.

Seth Clevenger | Managing Editor, Features and Multimedia
June 21, 2024
Business, For-Hire, Top 100

Industry Sector Rankings Reflect Market Downturn

For-hire carriers across segments saw revenues slide and margins tighten in 2023, but some industry sectors fared better than others.

June 21, 2024
Business, For-Hire, Top 100

Freight Recession Squeezes Top 100 For-Hire Carriers

Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America. 

Seth Clevenger | Managing Editor, Features and Multimedia
June 21, 2024
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