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2024 Top Air/Expedited Carriers

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 Forward Air 1,096,958
2 Covenant Logistics Group 423,820
3 ArcBest 280,239

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.

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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

BusinessEquipmentLogisticsFor-Hire

Kevin Knight Steps Down as Knight-Swift Executive Chairman

The Plain City, Utah, native was CEO of Knight Transportation from 1994 to 2014. He was one of four founders of Knight Transportation in 1990.

June 8, 2026
BusinessTechnologyEquipmentFuelLogisticsFor-Hire

Horizon Eyes Class 8 BEV Tractor Production Inside 18 Months

Horizon currently sells Classes 3-7 battery-electric trucks but is expanding its portfolio with a Class 8 design intended to rival the Tesla Semi.

June 5, 2026
GovernmentBusinessTechnologyEquipmentSafetyLogisticsFor-Hire

Anti-Cargo Theft Coalition Urges Senate Action on CORCA

The push follows overwhelming bipartisan passage of the bill in the House and adds to a sense of urgency in the Senate to move the measure to Trump's desk.

June 4, 2026
GovernmentBusinessSafetyFor-Hire

CBP’s ‘Operation Checkmate’ Nets 36 Undocumented Truckers

Of the undocumented truckers arrested during the operation, 30 are from India and six are foreign nationals from El Salvador, Mexico and Russia.

June 3, 2026
BusinessEquipmentLogisticsFor-HireTop 100

USA Truck Launches Driver Bonus of 5 Cents Per Mile

USA Truck launched a revised driver incentive package that adds 5 cents per dispatched and paid mile through automatic payroll payments for eligible drivers.

June 2, 2026
BusinessEquipmentLogisticsFor-HireTop 100

Melton Lifts Truck Driver Pay Range to 60-70 Cents a Mile

Melton Truck Lines said it is increasing mileage pay for all company drivers by 5 cents to 8 cents per mile, depending on experience.

June 2, 2026
BusinessTechnologyLogisticsFor-HireTop 100

ArcBest Debuts ‘View’ Platform for Shipment Management

ArcBest introduced a digital logistics platform called ArcBest View, which is intended to let customers quote, book and manage shipments in a single place.

May 28, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

Paccar Taps Peter Ahrens to Head Kenworth

Ahrens takes the helm at Kenworth as the truck maker and sister company Peterbilt push to increase their share of the North American heavy-duty truck market.

May 28, 2026
BusinessTechnologySafetyLogisticsFor-Hire

Motive Expands AI to Turn Insights Into Action

Fleet management technology provider Motive continues to extend AI capabilities across its platform to help fleet operators enhance safety and productivity.

May 27, 2026
BusinessTechnologyEquipmentFuelLogisticsFor-Hire

Cummins Expects X10 to Lift Heavy-Duty Truck Engine Share

“The X10 definitely opens up another market,” Brett Merritt, president of Cummins’ engine business, told analysts and investors during the firm’s investor day.

May 27, 2026

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