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 FedEx Freight 10,119,000
2 Old Dominion Freight Line 6,177,055
3 Yellow Corp. 4,711,900
4 XPO 4,645,000
5 Estes Express Lines 4,405,000
6 TFI International 3,423,557
7 ABF Freight 3,010,900
8 R+L Carriers 2,864,000
9 Saia Inc. 2,792,000
10 Southeastern Freight Lines 1,649,192
11 Central Transport 1,236,000
12 Averitt Express 1,092,210
13 Dayton Freight Lines 1,004,000
14 Pitt Ohio 912,000
15 AAA Cooper Transportation 874,000
16 Mullen Group 598,540
17 A. Duie Pyle 568,000
18 Day & Ross Freight 448,500
19 Daylight Transport 389,000
20 Roadrunner Freight 386,000
21 Oak Harbor Freight Lines 338,000
22 Ward Trucking 256,000
23 Fastfrate Group 250,000
est
24 CrossCountry Freight Solutions 244,000
25 Magnum LTL 152,000
26 Midwest Motor Express 152,000
27 Landstar System 142,438
28 Dependable Highway Express 131,000
29 Peninsula Truck Lines 106,427
30 PS Logistics 100,000
31 R&R Family of Cos. 88,400
est
32 North Park Transportation 86,500
est
33 Canada Cartage 84,100
est
34 Anderson Trucking Service 76,600
35 JP Express 64,434
36 Tax-Air 55,000
est
37 Highlight Motor Group 46,700
est
38 McCollister's Global Services 33,350
39 Bison Transport 31,300
40 TGR Logistics 30,000
est
41 Atlas World Group 25,779
42 Atech Logistics 10,000
est
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
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q3 Revenue, Profit Decline in Weak Freight Market

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

Connor D. Wolf | Staff Reporter
November 6, 2024
Business, For-Hire

Heartland Express in Red for Q3 Again but Loss Narrows

Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units turned in an improved performance.

Keiron Greenhalgh | Staff Reporter
November 6, 2024
Business, For-Hire

Ongoing Truckload Weakness, Helene Hurt P.A.M. Q3 Profit

Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.

Keiron Greenhalgh | Staff Reporter
November 5, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Revenue Soars 92%; Net Loss Hits $34M

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

Connor D. Wolf | Staff Reporter
November 5, 2024
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Haleluya Hadero | Associated Press
November 4, 2024
Business, Logistics, For-Hire, Top 100

Werner Revenue and Profit Decline on Q3 Market Struggles

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

October 30, 2024
Business, Logistics, For-Hire, Top 100

XPO Net Income Climbs 10% on Strong LTL Pricing in Q3

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

October 30, 2024
Business, Logistics, For-Hire, Top 100

Covenant's Q3 Net Income and Revenue Take Slight Dips

The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.

October 29, 2024
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