2024 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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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 This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 90,958,000 | 6,708,000 | 500,000 | 19,267 | 84,956 | |
| 2 | 2 | 87,514,000 | 4,395,000 | 529,000 | 38,697 | 138,230 | |
| 3 | 3 | 12,829,665 | 728,287 | 35,000 | 23,000 | 47,400 | |
| 4 | 4 | 9,090,567 est |
504,877 | 25,123 | 7,504 | 34,599 | |
| 5 | 5 | 7,744,000 | 189,000 | 38,000 | 9,500 | 33,500 | |
| 6 | 9 | 7,660,000 est |
- | 47,500 | 69,000 | 40,800 | |
| 7 | 7 | 7,141,766 | 217,149 | 34,300 | 24,788 | 96,347 | |
| 8 | 10 | 5,866,152 | 1,239,502 | 23,386 | 10,791 | 46,414 | |
| 9 | 8 | 5,498,900 | 238,500 | 17,300 | 10,600 | 47,300 | |
| 10 | 6 | 5,303,322 | 264,394 | 1,468 | 9,809 | 18,017 | |
| 11 | 14 | 5,073,000 | - | 22,803 | 10,033 | 41,368 | |
| 12 | 12 | 4,427,443 | 142,164 | 15,000 | 4,411 | 24,323 | |
| 13 | 15 | 4,300,000 | - | 21,173 | 7,287 | 21,979 | |
| 14 | 11 | 4,202,585 | 167,528 | 5,950 | 5,200 | 4,300 | |
| 15 | 16 | 3,500,000 | - | 17,300 | 4,850 | 13,700 | |
| 16 | 17 | 3,283,499 | 112,382 | 13,809 | 8,035 | 30,810 | |
| 17 | 18 | 3,070,000 est |
- | 8,284 | 20,468 | ||
| 18 | 21 | 2,881,433 | 354,857 | 14,000 | 6,500 | 22,100 | |
| 19 | 20 | 2,653,000 | 296,000 | 14,000 | 552 | 1,073 | |
| 20 | 19 | 2,520,027 | 368,654 | 4,535 | 8,112 | 15,735 | |
| 21 | 22 | 2,406,635 | - | 10,000 | 7,550 | 12,600 | |
| 22 | 23 | 2,040,000 | - | 630 | 7,500 | ||
| 23 | 34 | 1,706,219 | - | 5,000 | 3,782 | 10,302 | |
| 24 | 32 | 1,686,340 | - | 8,592 | 2,924 | 8,426 | |
| 25 | 26 | 1,668,000 est |
- | 6,224 | 4,778 | ||
| 25 | 29 | 1,668,000 est |
- | 9,309 | 5,255 | 15,774 | |
| 27 | 25 | 1,662,139 | 92,901 | 9,311 | 4,206 | 4,892 | |
| 28 | 33 | 1,569,780 est |
- | 3,600 | 3,950 | 6,400 | |
| 29 | 39 | 1,529,000 | - | 8,258 | 1,537 | 9,854 | |
| 30 | 35 | 1,525,716 est |
- | 1,234 | |||
| 31 | 30 | 1,511,300 | - | 2,379 | 2,443 | 6,891 | |
| 32 | 38 | 1,342,000 | - | 6,500 | 5,538 | 13,170 | |
| 33 | 40 | 859,429 | - | 2,940 | 2,200 | 150 | |
| 34 | 36 | 1,282,000 | - | 616 | 3,900 | ||
| 35 | 44 | 1,261,000 est |
- | 2,953 | 11,877 | ||
| 36 | 58 | 1,207,458 | 14,775 | 6,320 | 5,512 | 16,833 | |
| 37 | 41 | 1,193,400 est |
- | 2,519 | 1,088 | 3,348 | |
| 38 | 42 | 1,131,455 | 70,373 | 4,213 | 3,349 | 5,653 | |
| 39 | 43 | 1,127,348 | - | 1,215 | 3,499 | 3,345 | |
| 40 | 46 | 1,103,573 | 55,229 | 4,904 | 2,458 | 4,808 | |
| 41 | 27 | 1,096,958 | 167,351 | 4,014 | 989 | 6,637 | |
| 42 | 28 | 1,089,000 est |
- | 6,500 | 3,996 | 5,544 | |
| 43 | 48 | 1,057,251 | - | 3,050 | 4,300 | ||
| 44 | 50 | 1,054,000 est |
- | 5,300 | 3,550 | 9,200 | |
| 45 | 56 | 1,035,000 est |
- | 5,800 | 2,261 | 5,223 | |
| 46 | 49 | 1,003,153 | - | 4,486 | 2,600 | 9,400 | |
| 47 | 37 | 989,259 | 101,259 | 4,621 | 2,354 | 6,549 | |
| 48 | 55 | 962,180 est |
- | 5,583 | 3,500 | 5,000 | |
| 49 | 60 | 944,742 | - | 5,424 | 1,654 | 4,145 | |
| 50 | 53 | 904,600 | 2,000 | 637 | 1,679 | 3,754 | |
| 51 | 57 | 903,312 est |
- | 3,000 | 2,035 | 5,782 | |
| 52 | 54 | 886,000 | - | 783 | 1,020 | 1,508 | |
| 53 | 62 | 814,000 | 118,900 | 3,650 | 2,400 | 4,100 | |
| 54 | 61 | 810,807 | 18,416 | 2,530 | 2,200 | 8,567 | |
| 55 | 45 | 808,000 est |
- | 2,624 | 3,152 | 5,250 | |
| 56 | 67 | 795,000 | - | 3,200 | 2,500 | 2,345 | |
| 57 | 66 | 774,000 | - | 4,120 | 1,763 | 2,924 | |
| 58 | 758,000 est |
- | |||||
| 59 | 65 | 744,000 est |
- | 3,500 | 2,519 | 3,402 | |
| 60 | 64 | 736,236 est |
- | 1,837 | 1,797 | 1,915 | |
| 61 | 76 | 676,000 est |
- | 3,681 | 4,429 | ||
| 62 | 59 | 674,500 | - | 3,500 | 2,897 | 4,608 | |
| 63 | 68 | 670,079 | - | 2,325 | 2,392 | 7,666 | |
| 64 | 69 | 664,000 | - | 2,262 | 1,899 | 3,425 | |
| 65 | 70 | 647,000 est |
- | 266 | 2,093 | 2,093 | |
| 66 | 609,000 est |
- | 3,700 | 3,076 | 11,683 | ||
| 67 | 71 | 574,668 est |
- | 3,400 | 2,200 | 5,000 | |
| 68 | 73 | 574,000 est |
- | 2,933 | 2,166 | 5,820 | |
| 69 | 83 | 556,975 | - | 1,585 | 1,480 | 3,134 | |
| 70 | 74 | 547,128 est |
- | 2,000 | 2,000 | ||
| 71 | 75 | 531,522 est |
- | 2,000 | 1,286 | 1,284 | |
| 72 | 78 | 468,180 est |
- | 450 | 1,500 | ||
| 73 | 72 | 446,000 est |
- | 2,000 | 1,600 | 5,600 | |
| 74 | 63 | 443,000 est |
- | 2,043 | 6,300 | ||
| 75 | 85 | 425,089 | - | 619 | 1,199 | 2,011 | |
| 76 | 79 | 423,433 est |
- | 2,173 | 1,645 | 2,763 | |
| 77 | 80 | 415,120 est |
- | 260 | 550 | 650 | |
| 78 | 88 | 410,000 est |
- | 1,250 | 352 | 2,042 | |
| 79 | 81 | 403,002 est |
- | 1,485 | 576 | 1,147 | |
| 80 | 84 | 390,150 est |
- | 900 | 2,000 | ||
| 81 | 87 | 374,000 est |
- | 400 | 158 | 575 | |
| 82 | 357,000 | - | 600 | 640 | 1,300 | ||
| 83 | 82 | 349,442 | - | 1,754 | 1,596 | 2,420 | |
| 84 | 92 | 332,000 | - | 1,150 | 1,005 | 1,900 | |
| 85 | 91 | 331,258 est |
- | 930 | 616 | 1,000 | |
| 86 | 330,000 | - | 1,404 | 687 | 1,423 | ||
| 87 | 86 | 323,556 | 187,260 | 1,225 | 615 | 1,805 | |
| 88 | 94 | 320,000 est |
- | 1,700 | 800 | 2,400 | |
| 89 | 93 | 312,933 est |
- | 509 | 757 | 3,400 | |
| 90 | 95 | 305,694 est |
- | 1,500 | 4,000 | ||
| 91 | 96 | 301,222 est |
- | 1,300 | 1,200 | 4,600 | |
| 92 | 97 | 290,822 est |
- | 1,200 | 1,897 | 2,068 | |
| 93 | 98 | 264,906 | - | 1,095 | 750 | 3,340 | |
| 94 | 253,000 est |
- | 1,600 | 600 | |||
| 95 | 248,467 | - | 1,350 | 849 | 623 | ||
| 96 | 100 | 232,529 est |
- | 588 | 653 | 1,250 | |
| 97 | 207,000 | - | 1,090 | 850 | 2,200 | ||
| 98 | 204,698 | 6,141 | 1,288 | 1,150 | 2,696 | ||
| 99 | 198,166 | -1,324 | 1,315 | 702 | 1,620 | ||
| 100 | 182,415 | 13,426 | 1,800 | 119 | 295 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
* Tractor count includes company-owned, lease-to-own and owner-operator tractors.
#2 FedEx Corp. revenue and net income is for the 12-month period ended Feb. 29, 2024.
#4 TFI’s revenue is adjusted to reflect its acquisition of Daseke Inc. in April 2024.
#6 Ryder’s revenue is adjusted to reflect its acquisition of Cardinal Logistics in February 2024.
#33 IMC Logistics revenue data was provided by the company to replace the previously published estimate that determined its ranking on the Top 100 list.
#47 Mullen Group revenue and income converted to U.S. dollars based on average 2023 exchange rate.
#48 10 Roads Express revenue estimate is based on data provided by Culhane Meadows.
#28 PS Logistics, #30 OnTrac Inc., #37 Lynden, #51 Quality Carriers, #60 United Road Services, #67 Trimac Transportation, #70 Heniff, #71 Jack Cooper Holdings, #72 ContainerPort Group, #76 Maverick USA, #77 Beemac Trucking, #79 Dependable Supply Chain Services, #80 Koch Cos., #89 Artur Express, #90 Western Flyer Express, #91 New Legend, #92 Transervice Logistics and #96 National Carriers revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
#17 R+L Carriers, #25 CRST, #35 Central Transport International, #58 Manitoulin Group of Cos., #61 TMC Transportation, #65 Mercer Transportation, #66 FirstFleet and #68 Roehl Transport revenues are estimated by SJ Consulting Group.
#25 Averitt Express, #42 C.R. England, #45 Dayton Freight Lines, #55 Hirschbach Motor Lines, #59 Canada Cartage, #73 Mesilla Valley Transportation, #74 USA Truck, #78 Roadrunner Freight, #81 Daylight Transport, #88 Oak Harbor Freight Lines and #94 Ward Transport & Logistics revenue estimates are based on data provided by SJ Consulting Group.
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.
If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.
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
FedEx Reports Net Income, Revenue Increase for Q3
FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.
March 21, 2025FedEx Lowers Guidance, Citing ‘Very Challenging’ Market
FedEx is the latest U.S. company to sound the alarm over weakening consumer confidence and potential fallout from President Donald Trump’s escalating trade war.
March 20, 2025Yellow Creditors Push Plan to End Bankruptcy Case
Creditors of defunct trucking firm Yellow Corp. will submit their own plan in coming days on how to split up the company’s remaining $550 million of cash and end its bankruptcy case.
March 17, 2025Low-Rolling-Resistance Tires Gain Traction in Trucking
Significant technological advances in recent years have helped to increase demand for LRR tires. “They’re just making the tires better and better all around,” one trucking executive said.
March 17, 2025TT Presents Sustainability Pathfinder Awards to IMC, Werner
Transport Topics presented Sustainability Pathfinder awards to IMC Logistics and Werner Enterprises for their exemplary efforts to improve freight efficiency and curb emissions.
March 13, 2025Kenan Advantage Group Expands Dry Bulk Unit in Alabama
Kenan Advantage Group will buy Mobile, Ala.-based Evergreen Transport for an undisclosed sum, adding to the ongoing expansion of its dry bulk operations.
March 7, 2025Court Nixes Teamsters’ WARN Claims Against Yellow
Judge Craig Goldblatt on Feb. 26 found Yellow to be a “liquidating fiduciary,” rather than an employer, at the time it laid off unionized employees.
February 28, 2025Auto Haulers Eye Initial Jack Cooper Tailwind in Weak Market
The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector, and possibly stimulate some appetite for mergers.
February 27, 2025TT Recruiting Award Given to PS Logistics’ Daigle
The Transport Topics Recruiting Professional of the Year Award for 2024 was presented to Kimberley Daigle, vice president of enterprise capacity development for PS Logistics.
February 25, 2025FedEx Eases Path to Freight Spinoff After Debt Exchange
FedEx said its bondholders agreed to remove its freight business from its lending documents, making it easier for the shipping giant to spin the business off into a new company.
February 25, 2025Archives
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