2022 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
For-hire motor carriers achieved significant revenue gains and higher profits last year, powered by surging freight demand.
The pandemic accelerated driver wages, shortened routes to match shopping patterns and increased automation across the supply chain.
Find out where the Top 100 For-Hire Carriers are based.
Rankings
Rank Company Revenue (000)
1 Forward Air 1,151,244
2 ArcBest 359,900
3 Covenant Logistics Group 337,100
4 Magnate Worldwide 73,000
est
5 Sameday Worldwide 7,400
6 NFI 5,000
Extras
Many large shippers are asking motor carriers to raise the issue of environmental sustainability and carbon emission reductions.
If your company appears in the 2022 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
Learn more about Transport Topics’ Top 100 For-Hire Carriers publication.
For-Hire News
Business, Logistics, For-Hire

UPS-Teamsters Talks Break Down

Negotiations on a new labor deal between UPS Inc. and the Teamsters stalled July 5 after showing promise over the weekend, renewing concern that workers could strike at the end of the month.

July 5, 2023
Business, For-Hire, Top 100

Industry Sector Rankings Show Growth, Acquisitions by Carriers

Most of North America’s largest for-hire carriers operating in many diverse segments of the trucking industry reported higher revenues last year.

Seth Clevenger | Managing Editor, Features and Multimedia
June 23, 2023
Government, Business, Technology, Equipment, For-Hire, Top 100

Fleets Turn to Tech to Manage Complexity of Regulatory Compliance

With more drivers and equipment to manage, some fleet operators have implemented technology to help navigate the complexity of the industry’s regulations and better manage safety audits.

Stephen Bennett | Special to Transport Topics
June 23, 2023
Business, Technology, Safety, For-Hire, Top 100

Industry Stakeholders Take Aim at Truck Parking Shortage

According to reports from the American Transportation Research Institute, truck parking has been one of the industry’s top concerns for several years.

Dan Calabrese | Special to Transport Topics
June 23, 2023
Business, For-Hire, Top 100

The Truckers of Tomorrow

In the years ahead, the essential task of hauling the nation’s freight and keeping the economy rolling will increas­ingly shift to a new generation of professional truck drivers.

Mindy Long | Special to Transport Topics
June 23, 2023
Business, Equipment, For-Hire, Top 100

Top 100 For-Hire Carriers Grow Despite Softer Freight Market

Despite a softer freight environment, most of the largest trucking companies in North America continued to grow their businesses last year even as spot market rates dropped.

Seth Clevenger | Managing Editor, Features and Multimedia
June 23, 2023
Business, Logistics, Autonomous, For-Hire, TCA

Teamsters, UPS Shift Focus to Pay Raises

In contract negotiations between UPS Inc. and the Teamsters, the two sides have come to agreement on dozens of matters to clear the way for talks on pay and other major issues.

Kelly Yamanouchi | The Atlanta Journal-Constitution
June 22, 2023
Government, Business, Technology, Safety, For-Hire

Bernie Sanders Launches Probe Into Amazon Workplace Safety

Sen. Bernie Sanders (I-Vt.) launched an investigation into charges of unsafe working conditions at Amazon.com Inc. warehouses across the U.S.

Laura Litvan | Bloomberg News
June 20, 2023
Business, For-Hire

FedEx Forecasts Profit Below Estimates as Demand Weakens

FedEx Corp. finished its 2023 fiscal year with mixed quarterly results as the freight carrier is in the midst of a deep cost-cutting and restructuring effort.

Dan Ronan | Senior Reporter
June 20, 2023
Business, Logistics, For-Hire

Roadrunner Bolsters Expansion Efforts With Eight New Lanes

Roadrunner opened eight new lanes across its network as part of a multiyear process to improve service offerings, the company announced June 20.

Connor D. Wolf | Staff Reporter
June 20, 2023
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