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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
25 26 1,668,000
est
- 6,224 4,778
70 74 547,128
est
- 2,000 2,000
22 23 2,040,000 - 630 7,500
72 78 468,180
est
- 450 1,500
58 758,000
est
-
94 253,000
est
- 1,600 600
33 40 859,429 - 2,940 2,200 150
100 182,415 13,426 1,800 119 295
81 87 374,000
est
- 400 158 575
95 248,467 - 1,350 849 623
77 80 415,120
est
- 260 550 650
85 91 331,258
est
- 930 616 1,000
19 20 2,653,000 296,000 14,000 552 1,073
79 81 403,002
est
- 1,485 576 1,147
30 35 1,525,716
est
- 1,234
96 100 232,529
est
- 588 653 1,250
71 75 531,522
est
- 2,000 1,286 1,284
82 357,000 - 600 640 1,300
86 330,000 - 1,404 687 1,423
52 54 886,000 - 783 1,020 1,508
99 198,166 -1,324 1,315 702 1,620
87 86 323,556 187,260 1,225 615 1,805
84 92 332,000 - 1,150 1,005 1,900
60 64 736,236
est
- 1,837 1,797 1,915
80 84 390,150
est
- 900 2,000
75 85 425,089 - 619 1,199 2,011
78 88 410,000
est
- 1,250 352 2,042
92 97 290,822
est
- 1,200 1,897 2,068
65 70 647,000
est
- 266 2,093 2,093
97 207,000 - 1,090 850 2,200
56 67 795,000 - 3,200 2,500 2,345
88 94 320,000
est
- 1,700 800 2,400
83 82 349,442 - 1,754 1,596 2,420
98 204,698 6,141 1,288 1,150 2,696
76 79 423,433
est
- 2,173 1,645 2,763
57 66 774,000 - 4,120 1,763 2,924
69 83 556,975 - 1,585 1,480 3,134
93 98 264,906 - 1,095 750 3,340
39 43 1,127,348 - 1,215 3,499 3,345
37 41 1,193,400
est
- 2,519 1,088 3,348
89 93 312,933
est
- 509 757 3,400
59 65 744,000
est
- 3,500 2,519 3,402
64 69 664,000 - 2,262 1,899 3,425
50 53 904,600 2,000 637 1,679 3,754
34 36 1,282,000 - 616 3,900
90 95 305,694
est
- 1,500 4,000
53 62 814,000 118,900 3,650 2,400 4,100
49 60 944,742 - 5,424 1,654 4,145
43 48 1,057,251 - 3,050 4,300
14 11 4,202,585 167,528 5,950 5,200 4,300
61 76 676,000
est
- 3,681 4,429
91 96 301,222
est
- 1,300 1,200 4,600
62 59 674,500 - 3,500 2,897 4,608
40 46 1,103,573 55,229 4,904 2,458 4,808
27 25 1,662,139 92,901 9,311 4,206 4,892
67 71 574,668
est
- 3,400 2,200 5,000
48 55 962,180
est
- 5,583 3,500 5,000
45 56 1,035,000
est
- 5,800 2,261 5,223
55 45 808,000
est
- 2,624 3,152 5,250
42 28 1,089,000
est
- 6,500 3,996 5,544
73 72 446,000
est
- 2,000 1,600 5,600
38 42 1,131,455 70,373 4,213 3,349 5,653
51 57 903,312
est
- 3,000 2,035 5,782
68 73 574,000
est
- 2,933 2,166 5,820
74 63 443,000
est
- 2,043 6,300
28 33 1,569,780
est
- 3,600 3,950 6,400
47 37 989,259 101,259 4,621 2,354 6,549
41 27 1,096,958 167,351 4,014 989 6,637
31 30 1,511,300 - 2,379 2,443 6,891
63 68 670,079 - 2,325 2,392 7,666
24 32 1,686,340 - 8,592 2,924 8,426
54 61 810,807 18,416 2,530 2,200 8,567
44 50 1,054,000
est
- 5,300 3,550 9,200
46 49 1,003,153 - 4,486 2,600 9,400
29 39 1,529,000 - 8,258 1,537 9,854
23 34 1,706,219 - 5,000 3,782 10,302
66 609,000
est
- 3,700 3,076 11,683
35 44 1,261,000
est
- 2,953 11,877
21 22 2,406,635 - 10,000 7,550 12,600
32 38 1,342,000 - 6,500 5,538 13,170
15 16 3,500,000 - 17,300 4,850 13,700
20 19 2,520,027 368,654 4,535 8,112 15,735
25 29 1,668,000
est
- 9,309 5,255 15,774
36 58 1,207,458 14,775 6,320 5,512 16,833
10 6 5,303,322 264,394 1,468 9,809 18,017
17 18 3,070,000
est
- 8,284 20,468
13 15 4,300,000 - 21,173 7,287 21,979
18 21 2,881,433 354,857 14,000 6,500 22,100
12 12 4,427,443 142,164 15,000 4,411 24,323
16 17 3,283,499 112,382 13,809 8,035 30,810
5 5 7,744,000 189,000 38,000 9,500 33,500
4 4 9,090,567
est
504,877 25,123 7,504 34,599
6 9 7,660,000
est
- 47,500 69,000 40,800
11 14 5,073,000 - 22,803 10,033 41,368
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
3 3 12,829,665 728,287 35,000 23,000 47,400
1 1 90,958,000 6,708,000 500,000 19,267 84,956
7 7 7,141,766 217,149 34,300 24,788 96,347
2 2 87,514,000 4,395,000 529,000 38,697 138,230
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, 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
Business, For-Hire

Saia Reports Q3 Revenue Growth Amid Network Expansion

Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.

Connor D. Wolf | Staff Reporter
October 25, 2024
Business, Logistics, For-Hire, Global Freight, TCA

Anchorage’s International Airport Adds 5 Carriers

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

Alex DeMarban | Anchorage Daily News
October 25, 2024
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