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2023 Top Air/Expedited Carriers

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 Forward Air 1,151,244
est
2 Covenant Logistics Group 452,713
3 ArcBest 383,620
4 Magnate Worldwide 73,000
est
5 Sameday Worldwide 7,400
est
6 NFI 5,000

Extras

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

101

On the Bubble

CrossCountry Freight Solutions ($250 million), is a truckload and LTL carrier based in Bismarck, N.D.

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

BusinessTechnologyEquipmentSafetyLogisticsFor-Hire

OEMs See Positives in Third-Party Safety System Ratings

Attendees of the 2026 Advanced Clean Transportation Expo heard original equipment manufacturers welcome the prospect of IIHS ratings for larger vehicles.

May 13, 2026
GovernmentBusinessTechnologyEquipmentFuelFor-Hire

ATA Continues Push for Excise Tax Repeal on New Trucks

Bill sponsors say the federal excise tax can add between $15,000 and $30,000 to the purchase price of a new truck, which discourages fleet turnover.

May 13, 2026
BusinessEquipmentLogisticsFor-Hire

Class 8 Truck Orders Jump 201% in April

Mack's Jonathan Randall noted that improving freight rates, tightening capacity and recovering freight demand continue to support order strength.

May 13, 2026
GovernmentBusinessTechnologyEquipmentFuelLogisticsFor-Hire

Dedicated Fleets’ Push to Natural Gas Engines Speeding Up

Dedicated routes, as well as intermodal or drayage operations, are ideal for natural gas powertrains, panelists at ACT Expo said.

May 12, 2026
GovernmentBusinessTechnologyEquipmentFuelLogisticsFor-Hire

Truck Makers Navigate Era of Rapid Change

While adapting to shifting emission regulations, equipment manufacturers are balancing investments in both diesel engine platforms and emerging powertrains.

May 11, 2026
BusinessTechnologyEquipmentFuelLogisticsAutonomousFor-Hire

Tesla Sees ‘Many Thousands’ of Semis Being Built in 2026

Tesla is attempting to facilitate demand by offering low-cost charging equipment on an industrial scale to carriers.

May 8, 2026
GovernmentBusinessSafetyLogisticsFor-Hire

US States Have Revoked 28,000 Non-Domiciled CDLs

Transportation Secretary Sean Duffy highlighted the revoked non-domiciled CDLs among a list of one-year accomplishments to support the trucking industry.

May 7, 2026
GovernmentBusinessTechnologyEquipmentFuelLogisticsAutonomousFor-Hire

Clean Fleets Target Business Cases as Subsidies Fade

ACT Expo 2026 signaled momentum shifts in the clean transportation movement and growing acceptance of connected vehicle technology, AI and autonomous driving.

May 6, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

FedEx Freight Adds AI Tools to Boost Win Percentage

“Data, predictive analytics and AI-driven logistics are reshaping how we manage capacity and deliver more reliable service,” FedEx Freight's John Smith said.

May 6, 2026
BusinessTechnologyEquipmentFuelLogisticsFor-Hire

FedEx Freight’s Smith Sees More RNG Tractors Ahead

"Sustainability is only sustainable if it makes business sense. You can only make a difference if you stay in business,” FedEx Freight's John Smith said.

May 5, 2026

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