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2024 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

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.

Rankings
Rank Company Revenue (000)
1 Knight-Swift Transportation 4,698,655
2 J.B. Hunt Transport Services 4,332,439
3 Landstar System 2,742,281
4 Werner Enterprises 2,310,810
5 Ryder Dedicated Transportation Solutions 2,211,000
6 Penske Logistics 2,200,000
7 Schneider 2,156,000
8 TFI International 1,625,592
9 CRST The Transportation Solution 1,350,000
est
10 Crete Carrier Corp. 1,342,000
11 Heartland Express 1,207,000
12 Ruan 912,000
est
13 NFI 823,401
14 Western Express 743,578
est
15 C.R. England 709,335
est
16 FirstFleet 609,000
est
17 Universal Truckload 557,417
18 Day & Ross Freight 535,150
19 Bison Transport 480,246
20 P.A.M. Transport 460,900
21 Mesilla Valley Transportation 446,000
est
22 Cowan Systems 429,381
23 Marten Transport 408,272
24 USA Truck 367,650
est
25 Fastfrate Group 344,000
26 Covenant Logistics Group 320,287
27 New Legend 311,928
est
28 Artur Express 298,248
est
29 Roehl Transport 285,205
est
30 Evans Delivery 237,000
31 Canada Cartage 232,811
est
32 Paper Transport 213,287
33 Anderson Trucking Service 209,700
34 PS Logistics 182,600
est
35 TCI Transportation 173,000
36 Forward Air 159,513
37 Averitt Express 158,360
est
38 Cheema Freightlines 148,452
39 GP Transco 148,262
est
40 Transportation Services 141,000
41 System Freight 137,212
42 A. Duie Pyle 136,000
43 Titan Transfer 125,244
est
44 Cargo Transporters 121,436
45 Transervice Logistics 118,162
est
46 Leonard's Express 116,414
est
47 Southeastern Freight Lines 89,207
48 Highlight Motor Group 83,230
est
49 May Trucking Co. 71,644
50 RoadOne IntermodaLogistics 50,000
51 TGR Logistics 47,000
52 Schuster Co. 44,600
53 AMX Trucking 38,040
est
54 Paul Logistics 33,000
55 Aifleet 30,099
56 McCollister's Global Services 28,530
est
57 Dupré Logistics 27,522
58 Beemac Trucking 19,020
est
59 Atlas World Group 18,024
60 Trans-System 14,000
Extras

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.

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.

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.

For-Hire News
Business, For-Hire

ATA Group Advances Trucking Diversity Initiative

A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.

Connor D. Wolf | Staff Reporter
August 26, 2022
Business, For-Hire

PS Logistics Completes Acquisition, Agreement

PS Logistics announced its refrigerated carrier Purdy Bros. Trucking, based in Loudon, Tenn., completed the acquisition of certain transportation assets of Phoenix Leasing of Tennessee Inc.

August 26, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Nondriving Staff, Slows Spending

CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 26, 2022
Business, Technology, For-Hire, TCA

Covenant Official Says Range Is Biggest Factor in EV Adoption

CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.

Mike Pare | Chattanooga (Tenn.) Times Free Press
August 24, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Partners With School to Launch Supply Chain Program

High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.

Carmen Nesbitt | Chattanooga Times Free Press, Tenn.
August 24, 2022
Business, Logistics, For-Hire

PS Logistics Subsidiary Acquires Noble

DMT Trucking announced Aug. 9 that it has completed its acquisition of the Scottsboro, Ala.-based Noble family of transportation businesses.

August 18, 2022
Business, Logistics, For-Hire, Top 100

XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change

XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.

Dan Ronan | Senior Reporter
August 5, 2022
Business, Technology, Logistics, Breaking News, For-Hire

XPO Names Mario Harik to Succeed Brad Jacobs as CEO

XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.

Roger Gilroy | Senior Reporter
August 4, 2022
Business, Logistics, For-Hire

U.S. Xpress Reports $554M Revenue for Q2

U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.

Connor D. Wolf | Staff Reporter
August 4, 2022
Business, Logistics, For-Hire

Werner Enterprises Reports Record for Q2

Werner Enterprises achieved its eighth consecutive quarter of record earnings per share during the second quarter of 2022, the company reported Aug. 3.

Connor D. Wolf | Staff Reporter
August 4, 2022
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