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
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Air/Expedited Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Forward Air | 1,096,958 |
| 2 | Covenant Logistics Group | 423,820 |
| 3 | ArcBest | 280,239 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or email to get information about your company prior to publication of the next Top 100 list.
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
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, 2026Horizon 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, 2026Anti-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, 2026CBP’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, 2026ArcBest 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, 2026Paccar 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, 2026Motive 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, 2026Cummins 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
