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

101

On the Bubble

CrossCountry Freight Solutions ($250 million), is a truckload and LTL carrier based in Bismarck, N.D.

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, Equipment, For-Hire

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.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

Daniel Urie | Pennlive.com
May 1, 2023
Business, Logistics, For-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Equipment, For-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Logistics, For-Hire

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

Keiron Greenhalgh | Staff Reporter
April 26, 2023
Business, Logistics, For-Hire

UPS Reports Lower Earnings as Consumer Spending Slows

UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.

Dan Ronan | Senior Reporter
April 25, 2023
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