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

Hub Group Misses Analyst Expectations on Weak Q2 Market

Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.

Keiron Greenhalgh | Staff Reporter
August 2, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q2 Profit Slumps as Intermodal, Logistics Revenue Falls

Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.

Keiron Greenhalgh | Staff Reporter
August 2, 2024
Business, For-Hire

XPO Q2 Profit Jumps as LTL Shipments Rise 4.5%

XPO profit jumped in the second quarter as revenue increased 8% on the back of a 4.5% increase in North American LTL shipments and 7.4% rise in the return obtained for those shipments.

Keiron Greenhalgh | Staff Reporter
August 1, 2024
Business, For-Hire, Top 100

Landstar Q2 Profits Dip Amid Dry Van Market Softness

Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.

Keiron Greenhalgh | Staff Reporter
August 1, 2024
Business, Logistics, For-Hire, Top 100

Werner Spots Signs of Hope Despite Disappointing Q2

Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.

Keiron Greenhalgh | Staff Reporter
July 31, 2024
Business, Logistics, For-Hire

Estes Eyes 12% Terminal Door Total Increase in 2024

Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Business, For-Hire

Saia Lifts Target for 2024 Terminal Openings to 21

Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Business, For-Hire, Top 100

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Government, Business, Technology, Safety, Logistics, For-Hire, Private, Global Freight

FAA Clears Drone Companies to Operate in Shared Airspace

The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.

Allyson Versprille | Bloomberg News
July 30, 2024
Business, Logistics, For-Hire

Saia Q2 Profit, Revenue Rise on Former Yellow Facilities

Profits and revenues at Saia Inc. jumped in the second quarter of 2024 as the carrier continued to benefit from the collapse of erstwhile less-than-truckload rival Yellow Corp.

Keiron Greenhalgh | Staff Reporter
July 29, 2024
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