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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, Technology, Logistics, Autonomous, For-Hire

Trucking Executives Cite Opportunities for AI Adoption

LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.

Seth Clevenger | Managing Editor, Features and Multimedia
February 8, 2024
Business, For-Hire

ArcBest Reports 31% Earnings Gain Despite Revenue Drop

ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.

Connor D. Wolf | Staff Reporter
February 7, 2024
Business, For-Hire

Auto Stoppages Push P.A.M. Transportation Into Red in Q4

Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, For-Hire

Saia Targets Further Expansion Via $1 Billion in 2024 Capex

Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.

Keiron Greenhalgh | Staff Reporter
February 5, 2024
Business, Technology, Safety, Fuel, For-Hire

Fleets, Suppliers Work to Curb Fuel Card Skimming

Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.

Dan Calabrese | Special to Transport Topics
February 5, 2024
Business, Technology, For-Hire

VMRS Portal Is Nearly Here

The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.

Steve Brawner | Contributing Writer
February 2, 2024
Business, Logistics, For-Hire

Schneider Reports 12% Revenue Decline for Q4

Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Landstar Reports 28% Revenue Decline for Q4

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Ryder to Acquire Cardinal Logistics

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

Dan Ronan | Senior Reporter
February 1, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Completes Acquisition of Omni Logistics

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

Dan Ronan | Senior Reporter
January 31, 2024
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