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 Company Revenue (000)
1 Prime Inc. 2,456,395
2 KLLM Transport Services 1,142,000
3 Hirschbach Motor Lines 1,137,000
4 Stevens Transport 910,000
5 Swift Refrigerated 755,000
est
6 Marten Transport 500,462
7 C.R. England 286,022
8 Leonard's Express 227,336
9 Cardinal Logistics 204,000
10 PS Logistics 200,000
11 NFI 181,701
12 WEL Cos. 168,763
13 May Trucking Co. 145,000
14 Day & Ross 138,000
15 National Carriers 135,500
16 Erb Group 135,000
est
17 Canada Cartage 105,000
est
18 Bison Transport 94,556
19 Roehl Refrigerated Transport 72,000
est
20 Pacific Shipping 36,000
est
21 Portage Transport 35,000
22 Artur Express 27,271
23 Cowan Systems 27,124
24 Beemac Trucking 15,000
25 TWT Refrigerated 15,000
26 AMX Trucking 10,000
27 AFC Transport 9,000
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

105

On the Bubble

Cassens Transport Co. ($202 million), is an automobile carrier based in Edwardsville, Ill.

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

Knight-Swift Closes 2024 Preparing for Upturn

The Phoenix-based truckload motor carrier reported a revenue decline of 3.5% in the fourth quarter amid efforts to improve the business ahead of the expected up cycle.

Connor D. Wolf | Staff Reporter
January 23, 2025
Business, Equipment, Logistics, For-Hire, TCA

TFI Chassis Buys Mickey Truck Bodies Land in North Carolina

A portfolio of 41 Mickey Truck Bodies property tracts in High Point, N.C., has been flipped for $35.52 million to TFI Chassis Portfolio.

Richard Craver | News & Record, Greensboro, N.C.
January 21, 2025
Business, Technology, Equipment, Logistics, For-Hire, Top 100

J.B. Hunt Ends 2024 With Slight Revenue Decline

The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

Connor D. Wolf | Staff Reporter
January 17, 2025
Business, Logistics, For-Hire

A. Duie Pyle Reopens Ex-Yellow Terminals

A. Duie Pyle in a fast start to 2025 set in motion plans to open four new less-than-truckload terminals.

Keiron Greenhalgh | Staff Reporter
January 17, 2025
Business, Logistics, For-Hire

Truckload Rate Outlook for 2025 Softens, Remains Positive

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

Keiron Greenhalgh | Staff Reporter
January 15, 2025
Business, Technology, Equipment, For-Hire

Fleets Turn to Remanned Parts to Reduce Operating Costs

The impact of a three-year freight recession and consistently rising costs is providing both opportunity and challenge for truck parts remanufacturers in the dubbed “reman” market.

Gary Frantz | Special to Transport Topics
January 13, 2025
Business, Logistics, For-Hire, Top 100

Forward Air Probes Sale, Merger, Divestment Options

Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.

Keiron Greenhalgh | Staff Reporter
January 8, 2025
Business, Logistics, For-Hire, Top 100

Atlas Acquires Canadian Customs Specialist Orbit Brokers

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

Keiron Greenhalgh | Staff Reporter
January 7, 2025
Business, Equipment, Logistics, For-Hire, Top 100

Pitt Ohio Buys LTL Carrier Sutton Transport

Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.

Keiron Greenhalgh | Staff Reporter
January 7, 2025
Business, Logistics, For-Hire, Top 100

Why 2025 Could Be the Year of the Corporate Spinoff

Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.

Natalia Kniazhevich | Bloomberg News
January 6, 2025
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