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, For-Hire

ArcBest Reports $1.3 Billion Revenue for Q1

ArcBest Corp. saw a surge in profits and revenue in the first quarter of 2022, the company reported April 29.

Connor D. Wolf | Staff Reporter
April 29, 2022
Business, For-Hire

TFI International Posts Large Profit, Revenue Gains

TFI International more than doubled its first-quarter profit as it capitalized on solid freight demand and the integration of the UPS Freight operations it acquired last year.

Jerry Hirsch | Contributing Writer
April 29, 2022
Business, For-Hire

Forward Air Reports Revenue, Earnings Records for Q1

Forward Air Corp. set all-time quarterly records for revenue, net income and earnings per diluted share during the first quarter, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2022
Business, For-Hire

Covenant Logistics Posts $291.6 Million in Revenue for Q1

Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2022
Business, For-Hire

Old Dominion Freight Line Reports Record Revenue for Q1

Old Dominion Freight Line’s revenue reached a record during the first quarter, the company announced April 27.

Connor D. Wolf | Staff Reporter
April 27, 2022
Business, Logistics, For-Hire

UPS Reports Strong Q1 Earnings Amid Lower Package Volume

UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.

Dan Ronan | Senior Reporter
April 26, 2022
Business, For-Hire

Does Your Business Belong on Our List of Top 100 For-Hire Carriers?

Think your company deserves a spot on our prestigious 2022 For-Hire Carriers rankings? Or perhaps on one of our sector lists? Fill out our survey so you can be included!

April 25, 2022
Business, Technology, Logistics, For-Hire

Ryder Opens Third E-Commerce Distribution Center in Columbus Market

Ryder System Inc. opened its third multiclient omnichannel distribution center in Columbus, Ohio, the company announced April 25.

Connor D. Wolf | Staff Reporter
April 25, 2022
Business, For-Hire

Penske Truck Leasing Expands in Washington State

Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.

April 22, 2022
Business, Logistics, For-Hire

Mullen Reports Q1 Revenue, Profit Growth

Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.

Jerry Hirsch | Contributing Writer
April 21, 2022
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