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 Mail Carriers
| Rank | Company | Revenue (000) |
|---|---|---|
| 1 | FedEx Corp. | 1,600,744 |
| 2 | 10 Roads Express | 962,180 est |
| 3 | UPS Inc. | 339,870 |
| 4 | Evo Transportation & Energy Services | 236,363 |
| 5 | Southern Mail Service | 175,352 |
| 6 | Traffix USA | 150,527 |
| 7 | Midwest Transport | 145,423 |
| 8 | Alan Ritchey Inc. | 144,145 |
| 9 | McCormick Trucking | 115,874 |
| 10 | AJR Trucking | 114,237 |
| 11 | Mail Management Services | 105,320 |
| 12 | Davenport Transportation | 102,368 |
| 13 | Bancroft and Sons Transportation | 95,799 |
| 14 | Davis Mail Services | 65,597 |
| 15 | B&B Trucking | 65,422 |
| 16 | XPO | 59,608 |
| 17 | Covenant Logistics Group | 48,458 |
| 18 | United Express Service | 46,124 |
| 19 | Sodrel Truck Lines | 44,758 |
| 20 | STK Transportation | 41,984 |
| 21 | Freedom Trans USA | 40,839 |
| 22 | Hartwig Transit | 37,937 |
| 23 | DDA Transport | 34,784 |
| 24 | Beco Inc. | 33,706 |
| 25 | Postal Delivery Systems | 31,381 |
| 26 | W&L Mail Service | 30,347 |
| 27 | Maxway | 30,336 |
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.
Revenue for all companies is provided by Culhane Meadows.
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.
If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.
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
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, 2026US 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, 2026Clean 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, 2026FedEx 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, 2026FedEx 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, 2026Renewable Fuels Gain Momentum in Trucking
Renewable diesel, high-blend biodiesel and renewable natural gas are becoming more attractive options for fleet operators for multiple reasons.
May 5, 2026Hino Launches Classes 6-7 Battery-Electric Truck
The Le Series is available in both 25,950-pound and 33,000-pound configurations. Production is scheduled to begin in the third quarter of 2026.
May 5, 2026Saia Reports Mixed Operating Metrics in Q1
Saia's operating revenue increased 2.4% to $806.2 million from $787.6 million. The operating ratio ticked up, increasing 60 basis points to 91.7 from 91.1.
May 4, 2026XPO Posts Record Q1 Earnings as OR Improves
XPO’s North American LTL adjusted OR improved 200 basis points year over year to 83.9. Total revenue increased 7.3% to $2.1 billion from $1.95 billion.
May 4, 2026
