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 Knight-Swift Transportation 4,531,115
2 J.B. Hunt Transport Services 4,460,812
3 Landstar System 3,892,805
4 Werner Enterprises 2,428,686
5 Penske Logistics 2,300,000
6 Schneider 2,236,600
7 TFI International 1,986,331
8 U.S. Xpress Enterprises 1,824,855
9 Ryder Dedicated Transportation Solutions 1,786,000
10 Crete Carrier Corp. 1,525,000
11 CRST The Transportation Solution 1,500,000
12 Ruan 985,000
13 Heartland Express 968,000
14 NFI 824,000
15 Covenant Logistics Group 815,710
16 Western Express 803,000
17 C.R. England 788,150
18 Mesilla Valley Transportation 622,328
19 Universal Truckload 555,285
20 Day & Ross Freight 543,600
21 P.A.M. Transport 540,900
22 Bison Transport 506,883
23 USA Truck 440,300
est
24 Cowan Systems 437,205
25 Marten Transport 429,092
26 Cardinal Logistics 426,000
27 New Legend 328,000
28 Western Flyer Express 320,000
est
29 Artur Express 313,615
30 Dart Transit Co. 312,000
est
31 Roehl Transport 299,900
est
32 Challenger Motor Freight 297,500
33 Anderson Trucking Service 267,700
34 Hub Group Dedicated 264,600
est
35 Canada Cartage 256,400
est
36 Paschall Truck Lines 250,000
est
37 Paper Transport 231,000
38 Forward Air 223,000
est
39 Lily Transportation 220,000
est
40 PS Logistics 200,000
41 Evans Delivery 200,000
42 Stan Koch & Sons Trucking 168,000
est
43 Averitt Express 167,577
44 GP Transco 155,901
45 Red Classic 152,400
est
46 A. Duie Pyle 149,400
47 Ascend 148,000
est
48 Transportation Services 136,641
49 Titan Transfer 131,697
50 Transervice Logistics 124,250
51 Cargo Transporters 122,520
52 Leonard's Express 122,412
53 System Freight 120,500
est
54 May Trucking Co. 96,270
55 R&R Family of Cos. 93,200
est
56 Southeastern Freight Lines 91,931
57 Highlight Motor Group 89,114
est
58 Cheema Freightlines 88,400
59 Mercer Transportation 85,700
est
60 Best Logistics Group 65,900
est
61 Dupré Logistics 64,667
62 JRayl Transport 63,000
est
63 Barnes Transportation Services 55,000
est
64 TGR Logistics 50,000
est
65 AMX Trucking 40,000
66 McCollister's Global Services 30,000
67 Atlas World Group 20,335
68 Beemac Trucking 20,000
69 Trans-System 16,000
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, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

Keiron Greenhalgh | Staff Reporter
February 8, 2024
Business, Technology, Logistics, Autonomous, For-Hire

Trucking Executives Cite Opportunities for AI Adoption

LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.

Seth Clevenger | Managing Editor, Features and Multimedia
February 8, 2024
Business, For-Hire

ArcBest Reports 31% Earnings Gain Despite Revenue Drop

ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.

Connor D. Wolf | Staff Reporter
February 7, 2024
Business, For-Hire

Auto Stoppages Push P.A.M. Transportation Into Red in Q4

Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, For-Hire

Saia Targets Further Expansion Via $1 Billion in 2024 Capex

Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, Technology, Safety, Fuel, For-Hire

Fleets, Suppliers Work to Curb Fuel Card Skimming

Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.

Dan Calabrese | Special to Transport Topics
February 5, 2024
Business, Technology, For-Hire

VMRS Portal Is Nearly Here

The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.

Steve Brawner | Contributing Writer
February 2, 2024
Business, Logistics, For-Hire

Schneider Reports 12% Revenue Decline for Q4

Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Landstar Reports 28% Revenue Decline for Q4

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

Connor D. Wolf | Staff Reporter
February 1, 2024
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