2025 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front
Coming off yet another down year for freight in 2024, motor carriers now face an uncertain business environment.
Tariffs and shifting trade patterns have made business planning difficult for North American trucking companies.
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 Delivery
Top Air/Expedited Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | Forward Air | 1,115,163 |
| 2 | Covenant Logistics Group | 461,461 |
| 3 | ArcBest | 240,142 |
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
Young professionals joining the trucking industry are reshaping their workplaces, advocating for flexible work environments.
Carriers across various segments of the trucking industry navigated unfavorable business conditions in 2024.
Motor carriers are sharing knowledge and resources to better support military veteran employees.
If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.
Tariffs raised by the Trump administration create obstacles on the path to a market recovery, the study’s authors warned.
Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list.
For-Hire News
Federal Agents Take Aim at ‘Cabotage’ in Arizona
Commercial truck drivers holding B-1 visas can haul freight between the U.S. and Mexico but are prohibited from domestic U.S. transport of goods, even if those goods are foreign in origin.
January 23, 2026December Freight Tonnage Inched Up Against Sluggish Market
Freight tonnage remained constrained with a slight sequential improvement in December, failing to overcome its generally lower levels, American Trucking Associations reported Jan. 20.
January 22, 2026December Medium-Duty Truck Sales Cap Sluggish 2025
Classes 4-7 retail truck sales for the month decreased 15.5% to 19,082 units from 22,586 a year earlier. Medium-duty sales haven’t trended ahead of the prior year since January 2025.
January 20, 2026J.B. Hunt Misses Revenue Estimates on Freight Slump
J.B. Hunt handled fewer longhaul, coast-to-coast shipments during the quarter, with intermodal volumes shifting toward shorter hauls in the eastern U.S.
January 16, 2026Southeastern Freight Lines Boosts Cross-Border Operations
Southeastern Freight Lines joined the ranks of less-than-truckload carriers beefing up their cross-border operations as the value of trade between the U.S. and Mexico increases.
January 14, 2026STG Logistics Files for Bankruptcy, Continues Operations
STG and 64 affiliates filed for court protection with the U.S. Bankruptcy Court for the District of New Jersey. The company expects to exit court protection in around five months’ time.
January 12, 2026Current, Former Executives Buy USA Truck From DSV
DSV said in October it was working on selling USA Truck, which did not fit its vision for asset-light North American on-road operations. USA Truck CEO George Henry will continue in the role.
January 12, 2026Dart Transit Group Sold After 90 Years of Family Ownership
The acquisition does not change day-to-day operations. The Dart name and operating entities remain unchanged, and drivers, customers, leadership and staff will remain in place.
January 9, 2026
