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2024 Top Mail 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 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

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

BusinessTechnologyEquipmentFuelLogisticsAutonomousFor-Hire

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, 2026
GovernmentBusinessSafetyLogisticsFor-Hire

US 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, 2026
GovernmentBusinessTechnologyEquipmentFuelLogisticsAutonomousFor-Hire

Clean 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, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

FedEx 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, 2026
BusinessTechnologyEquipmentFuelLogisticsFor-Hire

FedEx 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, 2026
BusinessTechnologyEquipmentSafetyFuelLogisticsFor-Hire

Renewable 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, 2026
BusinessTechnologyEquipmentFor-Hire

Hino 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, 2026
BusinessEquipmentLogisticsFor-HireTop 100

Universal Logistics Posts Q1 Loss After Slow Start to Year

Universal Logistics Holdings experienced a slow start to the year that dragged on overall first-quarter results, the company reported May 1.

May 4, 2026
BusinessEquipmentLogisticsFor-Hire

Saia 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, 2026
BusinessTechnologyEquipmentLogisticsFor-HireTop 100

XPO 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

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