Soft market conditions in 2023 placed financial strain on many of the largest trucking companies in North America.
Trucking companies have been surviving on lower rates while awaiting a freight market recovery.
Find out where the Top 100 For-Hire carriers are located by region; click links to view details about the company.
The regional LTL carrier has adapted and expanded through a full century of economic cycles and industry changes.
The trucking industry remains mired in sustained overcapacity relative to freight demand even as it has slowly shed workers.
After being displaced by war in his native Sudan, Lual Akoon’s path took him to Middle America – and trucking.
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For-hire carriers across segments saw revenues slide and margins tighten, but some fared better than others.
Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list.
FedEx Freight Unit Furloughs Workers as Cargo Demand Slows
FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.
November 14, 2022GXO Reports Higher Revenue, Lower Earnings for Q3
GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.
November 10, 2022Werner Reports Revenue Increase for Q3
Werner Enterprises saw revenue rise but income decline during the third quarter of 2022, the company reported Nov. 2.
November 3, 2022XPO Spinoff RXO Officially Launches
XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.
November 1, 2022Landstar Reports Highest Revenue for Any Q3
Landstar System Inc.’s revenue and diluted earnings per share both set third-quarter records, the company reported Oct. 19.
October 20, 2022J.B. Hunt Reports $3.84 Billion in Revenue for Q3
J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations.
October 19, 2022Marten Reports 15th Consecutive Increase in Quarterly Profitability
Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.
October 18, 2022NFI Acquires MCO Transport to Bolster Southeastern Port Operations
North American supply chain solutions company NFI has acquired southeastern port service solutions provider MCO Transport Inc., the company announced Oct. 10.
October 17, 2022XPO Board of Directors Approves RXO Spinoff
XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.
October 11, 2022Industry Works to Make Tractor-Trailer Connections More Efficient
Fleets are looking for solutions — some of them low-tech — to ensure trucks and trailers talk to each other now.
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