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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, Logistics, For-Hire

Landstar Reports 28% Revenue Decline for Q4

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Ryder to Acquire Cardinal Logistics

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

Dan Ronan | Senior Reporter
February 1, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Completes Acquisition of Omni Logistics

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

Dan Ronan | Senior Reporter
January 31, 2024
Business, Logistics, For-Hire, Top 100

UPS to Cut 12,000 Jobs, Explore Sale of Coyote Amid Weak Q4

UPS Inc. is reducing its overall employee head count by 12,000 workers, which the company says will save more than $1 billion, citing higher labor costs and softening demand.

Dan Ronan | Senior Reporter
January 30, 2024
Business, Technology, Autonomous, For-Hire, Private

Kodiak Opens Truck Port at Ryder Facility in Houston

Kodiak Robotics opened a second truck port for its autonomous semis at a Ryder System Inc. fleet maintenance facility in Houston, the companies said Jan. 23.

Keiron Greenhalgh | Staff Reporter
January 25, 2024
Business, For-Hire, Top 100

Knight-Swift Reports 11% Revenue Increase for Q4

Knight-Swift Transportation Holdings profits dropped during the fourth quarter but the carrier experienced an increase in revenue, the company reported Jan. 24.

Connor D. Wolf | Staff Reporter
January 25, 2024
Business, Logistics, For-Hire

Forward Air Reaches Deal With Omni Logistics on Acquisition

Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.

Connor D. Wolf | Staff Reporter
January 22, 2024
Business, Logistics, For-Hire

J.B. Hunt Reports Revenue Declined to $3.3 Billion for Q4

J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18. 

Connor D. Wolf | Staff Reporter
January 19, 2024
Business, Logistics, For-Hire

Industry Takes Fresh Look at Reverse Logistics

Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated. 

Hilary Daninhirsch | Special to Transport Topics
January 10, 2024
Business, Logistics, Breaking News, For-Hire

TFI to Buy Daseke for $1.1 Billion

TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.

Thomas Black | Bloomberg News
December 22, 2023
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