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

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, 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, Top 100

Covenant's Q3 Net Income and Revenue Take Slight Dips

The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.

October 29, 2024
Business, For-Hire

Saia Reports Q3 Revenue Growth Amid Network Expansion

Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.

Connor D. Wolf | Staff Reporter
October 25, 2024
Business, Logistics, For-Hire, Global Freight, TCA

Anchorage’s International Airport Adds 5 Carriers

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

Alex DeMarban | Anchorage Daily News
October 25, 2024
Business, Logistics, For-Hire, Top 100

Ryder Q3 Profit Slides Even as Acquisitions Boost Revenue

Looking forward, Chief Financial Officer John Diez said Ryder expects earnings growth in the fourth quarter as a result of its contractual portfolio.

Keiron Greenhalgh | Staff Reporter
October 24, 2024
Business, Logistics, For-Hire, Top 100

Mullen Group Q3 Earnings Dip Despite Revenue Growth

The Okotoks, Alberta-based company posted net income of C$38.3 million, or 41 cents a diluted share, for the three months ending Sept. 30.

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

Knight-Swift Reports Nearly $1.9B in Revenue for Q3

Knight-Swift Transportation Holdings experienced a 49.4% decline in earnings year over year during the third quarter of 2024, the company reported Oct. 23.

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

UPS Sees Profit Growth for First Time in Nearly Two Years

UPS Inc. posted a year-over-year increase in revenue during the third quarter of 2024 despite challenging market conditions, the company reported Oct. 24.

Connor D. Wolf | Staff Reporter
October 24, 2024
Government, Business, Logistics, For-Hire, TCA

Lynden Transport Selected to Deliver Capitol Christmas Tree

Lynden Transport will carry the Capitol Christmas Tree from Alaska to the nation’s capital later this year.

Robert Mittendorf | The Bellingham Herald (Bellingham, Wash.)
October 22, 2024
Business, Logistics, For-Hire, Private, Global Freight

Walmart Challenges Amazon With Prescription Delivery

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

Jaewon Kang | Bloomberg News
October 22, 2024
Business, Technology, Logistics, For-Hire, Private, Global Freight

Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

Cailley LaPara | Bloomberg News
October 17, 2024
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