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 Prime Inc. 2,456,395
2 KLLM Transport Services 1,142,000
3 Hirschbach Motor Lines 1,137,000
4 Stevens Transport 910,000
5 Swift Refrigerated 755,000
est
6 Marten Transport 500,462
7 C.R. England 286,022
8 Leonard's Express 227,336
9 Cardinal Logistics 204,000
10 PS Logistics 200,000
11 NFI 181,701
12 WEL Cos. 168,763
13 May Trucking Co. 145,000
14 Day & Ross 138,000
15 National Carriers 135,500
16 Erb Group 135,000
est
17 Canada Cartage 105,000
est
18 Bison Transport 94,556
19 Roehl Refrigerated Transport 72,000
est
20 Pacific Shipping 36,000
est
21 Portage Transport 35,000
22 Artur Express 27,271
23 Cowan Systems 27,124
24 Beemac Trucking 15,000
25 TWT Refrigerated 15,000
26 AMX Trucking 10,000
27 AFC Transport 9,000
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

104

On the Bubble

Highlight Motor Group ($217 million), is a truckload and LTL carrier based in Concord, Ontario.

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, Logistics, For-Hire, Top 100

Werner Revenue and Profit Decline on Q3 Market Struggles

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

October 30, 2024
Business, Logistics, For-Hire, Top 100

XPO Net Income Climbs 10% on Strong LTL Pricing in Q3

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

October 30, 2024
Business, Logistics, For-Hire, Top 100

Covenant's Q3 Net Income and Revenue Take Slight Dips

The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.

October 29, 2024
Business, For-Hire

Saia Reports Q3 Revenue Growth Amid Network Expansion

Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.

Connor D. Wolf | Staff Reporter
October 25, 2024
Business, Logistics, For-Hire, Global Freight, TCA

Anchorage’s International Airport Adds 5 Carriers

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

Alex DeMarban | Anchorage Daily News
October 25, 2024
Business, Logistics, For-Hire, Top 100

Ryder Q3 Profit Slides Even as Acquisitions Boost Revenue

Looking forward, Chief Financial Officer John Diez said Ryder expects earnings growth in the fourth quarter as a result of its contractual portfolio.

Keiron Greenhalgh | Staff Reporter
October 24, 2024
Business, Logistics, For-Hire, Top 100

Mullen Group Q3 Earnings Dip Despite Revenue Growth

The Okotoks, Alberta-based company posted net income of C$38.3 million, or 41 cents a diluted share, for the three months ending Sept. 30.

Connor D. Wolf | Staff Reporter
October 24, 2024
Business, For-Hire

Knight-Swift Reports Nearly $1.9B in Revenue for Q3

Knight-Swift Transportation Holdings experienced a 49.4% decline in earnings year over year during the third quarter of 2024, the company reported Oct. 23.

Connor D. Wolf | Staff Reporter
October 24, 2024
Business, For-Hire

UPS Sees Profit Growth for First Time in Nearly Two Years

UPS Inc. posted a year-over-year increase in revenue during the third quarter of 2024 despite challenging market conditions, the company reported Oct. 24.

Connor D. Wolf | Staff Reporter
October 24, 2024
Government, Business, Logistics, For-Hire, TCA

Lynden Transport Selected to Deliver Capitol Christmas Tree

Lynden Transport will carry the Capitol Christmas Tree from Alaska to the nation’s capital later this year.

Robert Mittendorf | The Bellingham Herald (Bellingham, Wash.)
October 22, 2024
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