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 Corp. 77,977,000
2 UPS Inc. 64,209,000
3 Purolator 2,800,000
4 OnTrac Inc. 1,662,000
est
5 TFI International 498,972
6 Spee-Dee Delivery Service 164,500
est
7 Fastfrate Group 95,000
est
8 Canada Cartage 7,000
est
9 Day & Ross 5,750
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, Logistics, For-Hire, Top 100

Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals

Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.

Keiron Greenhalgh | Staff Reporter
December 12, 2024
Government, Business, Logistics, For-Hire

Cyber Monday Shoppers Expected to Set a Record

Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.

December 2, 2024
Business, Logistics, For-Hire, Top 100

Trucking CFOs, Leaders Eye 2025 Recovery With Tight Budgets

Carriers are grappling with a tough freight market, relying on cost-cutting measures, operational efficiency and strategic revenue opportunities to stay ahead.

Mindy Long | Special to Transport Topics
December 2, 2024
Business, Logistics, For-Hire, Top 100

Kenan Advantage Expands Dry Bulk With Two November Deals

North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.

November 25, 2024
Business, For-Hire, Top 100

Roadrunner Owner Sells Majority Stake to CEO Jamroz, Partner

A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.

Keiron Greenhalgh | Staff Reporter
November 25, 2024
Business, Logistics, For-Hire, Top 100

Schneider Acquiring Cowan Systems in $390 Million Deal

Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.

November 25, 2024
Government, Business, For-Hire

UPS Settles With SEC Over Freight Business Valuation

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.

Cailley LaPara | Bloomberg News
November 22, 2024
Business, Technology, Safety, For-Hire

A Cybersecurity Playbook for Trucking in 2025

With another year of hacker break-ins looming before us, now is a great time to evaluate cybersecurity for your trucking business to ensure that you’re using the latest technology to keep cybercriminals at bay.

Joe Dysart | Webology 101
November 22, 2024
Business, Logistics, For-Hire

Moran Transportation Expands Into Ohio With RMX Acquisition

The acquisition brings 50 to 60 trucks and three service centers into Moran’s operations, increasing its total to 12 service centers and more than 675 pieces of equipment across the Midwest.

November 18, 2024
Business, Logistics, For-Hire, Top 100

Landstar Taps Beacom and Miller for New Roles

Joe Beacom will become president of Landstar System Holdings. Matt Miller will succeed Beacom as vice president and chief safety and operations officer.

November 18, 2024
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