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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 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 29 1,668,000
est
- 9,309 5,255 15,774
25 26 1,668,000
est
- 6,224 4,778
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
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
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q3 Revenue, Profit Decline in Weak Freight Market

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

Connor D. Wolf | Staff Reporter
November 6, 2024
Business, For-Hire

Heartland Express in Red for Q3 Again but Loss Narrows

Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units turned in an improved performance.

Keiron Greenhalgh | Staff Reporter
November 6, 2024
Business, For-Hire

Ongoing Truckload Weakness, Helene Hurt P.A.M. Q3 Profit

Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.

Keiron Greenhalgh | Staff Reporter
November 5, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Revenue Soars 92%; Net Loss Hits $34M

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

Connor D. Wolf | Staff Reporter
November 5, 2024
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer ‘Returnless Refunds’ to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Haleluya Hadero | Associated Press
November 4, 2024
Business, Logistics, For-Hire, Top 100

Werner Revenue and Profit Decline on Q3 Market Struggles

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

October 30, 2024
Business, Logistics, For-Hire, Top 100

XPO Net Income Climbs 10% on Strong LTL Pricing in Q3

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

October 30, 2024
Business, Logistics, For-Hire, Top 100

Covenant's Q3 Net Income and Revenue Take Slight Dips

The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.

October 29, 2024
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