For-Hire

The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.

UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.

The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.

FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.

TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.

UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.

From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.

For-hire carriers across segments saw revenues slide and margins tighten in 2023, but some industry sectors fared better than others.

Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America.