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 This Year Rank Last Year Company Revenue (000) Net Income (000) Employees Tractors* Trailers
1 1
UPS Inc.
100,300,000 11,500,000 536,000 16,440 85,024
2 2
FedEx Corp.
92,619,000 2,992,000 547,000 38,749 141,902
3 4
J.B. Hunt Transport Services
14,814,000 969,351 37,000 20,215 43,040
13 10
Yellow Corp.
5,245,000 22,000 30,000 12,700 42,000
8 8
Schneider
6,604,400 457,800 17,050 10,200 44,120
11 13
Hub Group
5,340,000 357,000 5,900 3,050 4,600
4 5
TFI International
8,813,000 823,000 25,836 18,347 38,091
6 6
Landstar System
7,437,000 430,914 1,449 11,281 18,593
10 9
Old Dominion Freight Line
6,260,077 1,377,159 24,027 11,274 45,567
12 14
ArcBest
5,324,052 298,209 15,000 4,457 23,968
5 3
XPO
7,718,000 666,000 38,000 8,200 27,000
14 12
Estes Express Lines
5,150,000 - 22,111 9,694 37,032
17 17
Werner Enterprises
3,289,978 241,256 14,300 8,639 27,650
88 79
Roadrunner Freight
386,000
est
-
24 23
U.S. Xpress Enterprises
2,161,000 -42,000 9,397 7,200 14,400
36 33
UniGroup
1,600,000 - 795 150 5,237
22 24
Kenan Advantage Group
2,480,512 - 10,000 7,320 12,700
19 20
Prime Inc.
2,813,522 450,972 4,685 8,575 17,472
20 18
Purolator
2,800,000 338,000 13,222 529 1,070
28 29
C.R. England
1,837,665 - 6,500 3,996 5,544
26 25
CRST The Transportation Solution
2,000,000 - 6,224 4,788
21 21
Saia Inc.
2,792,057 357,422 12,300 6,200 20,800
25 26
Universal Logistics Holdings
2,015,456 - 10,000 4,260 3,945
32 35
Southeastern Freight Lines
1,741,123 - 8,694 3,075 8,440
15 15
Penske Logistics
4,400,000 - 20,743 8,242 22,375
16 16
NFI
3,900,000 - 16,800 5,000 14,300
7 7
Knight-Swift Transportation Holdings
7,429,000 771,000 27,900 21,899 83,210
38 37
Crete Carrier Corp.
1,525,000
est
- 6,500 5,000 13,000
27 27
Forward Air
1,973,000 193,000 4,155 916 6,726
41 39
Lynden
1,300,000 - 2,519 1,088 3,348
57 51
Quality Carriers
984,000
est
- 1,600 2,600 7,500
53 46
Atlas World Group
1,064,200 13,400 840 1,638 3,562
30 30
Anderson Trucking Service
1,794,300 - 2,413 2,631 6,941
58 66
Heartland Express
968,000 137,000 4,710 5,946 18,551
48 48
KLLM Transport Services
1,142,000 - 3,500 5,900
34 38
Ruan
1,680,306 - 5,500 3,792 10,566
75 71
Jack Cooper Holdings
579,000 - 2,000 1,286 1,284
39 34
Day & Ross
1,510,000 - 8,964 3,289 9,854
71 67
Trimac Transportation
626,000
est
- 1,681 3,250
46 40
Covenant Logistics Group
1,216,858 108,682 4,985 2,368 5,074
62 55
Stevens Transport
910,000 184,500 3,350 2,275 3,850
42 47
Marten Transport
1,263,878 110,354 4,575 3,660 5,753
31 31
Daseke Inc. (TFI)
1,773,000 50,000 4,123 4,982 10,723
52 54
AAA Cooper Transportation
1,069,554 142,500 5,500 3,261 8,200
60 50
Pitt Ohio
948,670 - 5,315 1,611 4,131
70 65
Mercer Transportation
635,000 - 266 2,093 2,093
50 45
Western Express
1,107,974 145,023 5,300 3,550 9,200
64 56
United Road Services
802,000
est
- 1,837 1,978 2,110
65 59
Canada Cartage
774,000 - 3,500 2,519 3,402
37 52
Mullen Group
1,536,895 121,906 4,459 2,167 6,333
49 53
Bison Transport
1,109,156 - 4,406 2,577 9,300
43 42
Bennett Family of Cos.
1,251,872 - 1,175 3,337 2,911
56 60
Dayton Freight Lines
1,004,000 - 5,838 2,261 5,223
89 81
Dart Transit Co.
377,600
est
- 2,051 7,140
68 62
Cowan Systems
727,612 - 2,527 2,569 7,426
61 58
P.A.M. Transport
947,000 91,000 3,395 2,451 7,784
23 22
Evans Delivery
2,425,000
est
- 650 9,000 3,000
73 70
Roehl Transport
606,744 - 2,933 2,166 5,820
72 73
Mesilla Valley Transportation
622,328 - 2,897 1,756 6,311
66 63
A. Duie Pyle
768,000 - 3,977 1,528 3,036
79 79
Maverick USA
461,256 - 2,173 1,645 2,763
84 85
Koch Cos.
425,000
est
- 1,213 983 5,689
81 83
Dependable Supply Chain Services
439,000 - 1,485 576 1,147
92 90
Trans-System
356,000 - 1,170 995 1,920
99 97
Paschall Truck Lines
265,000
est
- 1,545 1,170 3,500
83 76
Foodliner/Quest Liner
437,035 - 1,684 1,621 3,125
82 86
Melton Truck Lines
438,305 - 1,698 1,456 2,281
40 43
IMC Logistics
1,397,609 - 2,797 1,890 150
59 72
Fastfrate Group
950,000
est
- 3,000 2,702 5,019
69 74
Quantix Supply Chain Solutions
715,000 - 2,094 1,640 3,764
94 94
Oak Harbor Freight Lines
338,000
est
- 1,700 777 2,487
44 40
Central Transport International
1,236,000
est
- 2,953 11,877
87 80
Daylight Transport
389,000
est
-
67
RoadOne IntermodaLogistics
749,767 - 3,806 2,200 1,890
51 44
Cardinal Logistics
1,102,000 - 4,070 3,245 9,000
35 27
OnTrac Inc.
1,662,000
est
-
100
National Carriers
253,300 - 588 653 1,250
86 84
Dupré Logistics
393,000 - 1,225 675 1,400
85 98
PGT Holdings
404,080 18,789 596 1,096 1,719
33 36
PS Logistics
1,710,000 - 3,600 3,950 6,400
55 49
10 Roads Express
1,012,000 - 5,583 3,300 3,900
9 11
Ryder System
6,506,000 288,000 48,000 69,400 41,500
91 88
Leonard's Express
360,848 3,583 930 616 1,089
18 19
R+L Carriers
2,864,000
est
- 6,774 19,709
63 57
USA Truck
853,000
est
25,000 2,069 2,157 6,548
45 64
Hirschbach Motor Lines
1,219,000 - 2,624 3,152 5,250
77 69
Two Men and a Truck Movers
525,000
est
- 11,396
29 32
Averitt Express
1,834,641 - 9,309 5,255 15,774
76 75
TMC Transportation
566,000
est
- 3,098 4,252
78 93
ContainerPort Group
510,000 - 450 1,500
93 96
Artur Express
340,886 - 509 757 3,400
80 91
Beemac Trucking
452,201 - 260 550 650
90 82
Red Classic
365,000
est
- 1,206 649 3,500
97 95
Transervice Logistics
316,800 - 1,200 1,897 5,487
98 100
Paper Transport
301,328 - 1,260 900 3,200
74 68
Heniff Transportation Systems
596,000
est
- 1,806 5,066
96 92
New Legend
328,129 - 1,300 1,200 4,600
54 61
R&R Family of Cos.
1,014,000 - 746 1,016 1,626
47
ITS Logistics
1,210,000 202,900 1,027 160 1,976
95 89
Western Flyer Express
333,000
est
- 1,150 4,000
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, Ore.

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
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
Business, For-Hire

LaserShip Inks $300 Million Debt Restructuring Deal

American Securities-backed LaserShip Inc. reached a debt-restructuring deal with some creditors that would provide fresh money, reduce debt and revamp the repayment line in the latest such proposal by distressed debtors.

November 18, 2024
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