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2024 Top Package/Courier 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. 74,905,000
2 UPS Inc. 59,958,000
3 Purolator 2,653,000
4 OnTrac Inc. 1,525,716
est
5 TFI International 461,930
6 Spee-Dee Delivery Service 182,415
7 Fastfrate Group 52,500
8 Day & Ross 7,645

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

BusinessLogisticsFor-HireTop 100

Forward woos $250M customer, retains at least 50% of business

Forward Air will retain at least 50% of the business of a longtime customer that accounted for around 10% of the motor carrier and logistics business’ revenue.

July 22, 2026
BusinessEquipmentLogisticsFor-Hire

ITE expands intermodal chassis unit with NACPC purchase

NACPC offers regional pools of intermodal chassis, allowing drayage companies to avoid owning their own equipment. The company has about 20,000 chassis.

July 22, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

Truck tonnage index regains some lost ground

The ATA For-Hire Truck Tonnage Index increased 0.1% from the prior month to 113.1. But the latest result also marked a decline of 0.1% from last year.

July 21, 2026
GovernmentBusinessTechnologyEquipmentSafetyFuelLogisticsFor-Hire

Transport M&A builds momentum alongside freight market

The Tenney Group 2026 Mid-Year M&A Report found that capacity reductions have started to drive industry consolidation alongside other key factors.

July 21, 2026
BusinessEquipmentLogisticsFor-HireTop 100

ArcBest to close 10 ABF Freight sites, cut 2% of workforce

The service centers are in smaller markets, and ArcBest plans to consolidate their operations into other facilities within the affected regions.

July 17, 2026
GovernmentBusinessEquipmentSafetyLogisticsFor-Hire

Cabotage enforcement cuts Mexican carriers in border zones

Mexican drivers and trucking operators have come under pressure from the Trump administration as federal agencies take a harsher stance on illegal activities.

July 17, 2026
GovernmentBusinessTechnologyEquipmentSafetyFuelLogisticsFor-Hire

Truck operating costs rose 3.4% in 2025, ATRI finds

The average cost to operate a truck in 2025 was $2.336 per mile — the highest since ATRI’s Analysis of the Operational Costs of Trucking was launched in 2016.

July 17, 2026
GovernmentBusinessSafetyLogisticsFor-Hire

Duffy awards $62 million for truck parking in 5 states

A chronic lack of available truck parking creates public safety risks and raises consumer costs, American Trucking Associations President Chris Spear said.

July 16, 2026
GovernmentBusinessEquipmentSafetyFuelLogisticsFor-HireTop 100

J.B. Hunt rides tighter capacity to stronger Q2 results

J.B. Hunt executives highlighted how heightened DOT enforcement has accelerated market changes while reporting the company’s second-quarter financial results.

July 16, 2026
BusinessLogisticsFor-HireTop 100

Ruan launches customs brokerage

The brokerage will expand the truckload-focused carrier’s international trade and logistics capabilities across the United States and Mexico, Ruan said.

July 15, 2026

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