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 Knight-Swift Transportation 4,531,115
2 J.B. Hunt Transport Services 4,460,812
3 Landstar System 3,892,805
4 Werner Enterprises 2,428,686
5 Penske Logistics 2,300,000
6 Schneider 2,236,600
7 TFI International 1,986,331
8 U.S. Xpress Enterprises 1,824,855
9 Ryder Dedicated Transportation Solutions 1,786,000
10 Crete Carrier Corp. 1,525,000
11 CRST The Transportation Solution 1,500,000
12 Ruan 985,000
13 Heartland Express 968,000
14 NFI 824,000
15 Covenant Logistics Group 815,710
16 Western Express 803,000
17 C.R. England 788,150
18 Mesilla Valley Transportation 622,328
19 Universal Truckload 555,285
20 Day & Ross Freight 543,600
21 P.A.M. Transport 540,900
22 Bison Transport 506,883
23 USA Truck 440,300
est
24 Cowan Systems 437,205
25 Marten Transport 429,092
26 Cardinal Logistics 426,000
27 New Legend 328,000
28 Western Flyer Express 320,000
est
29 Artur Express 313,615
30 Dart Transit Co. 312,000
est
31 Roehl Transport 299,900
est
32 Challenger Motor Freight 297,500
33 Anderson Trucking Service 267,700
34 Hub Group Dedicated 264,600
est
35 Canada Cartage 256,400
est
36 Paschall Truck Lines 250,000
est
37 Paper Transport 231,000
38 Forward Air 223,000
est
39 Lily Transportation 220,000
est
40 PS Logistics 200,000
41 Evans Delivery 200,000
42 Stan Koch & Sons Trucking 168,000
est
43 Averitt Express 167,577
44 GP Transco 155,901
45 Red Classic 152,400
est
46 A. Duie Pyle 149,400
47 Ascend 148,000
est
48 Transportation Services 136,641
49 Titan Transfer 131,697
50 Transervice Logistics 124,250
51 Cargo Transporters 122,520
52 Leonard's Express 122,412
53 System Freight 120,500
est
54 May Trucking Co. 96,270
55 R&R Family of Cos. 93,200
est
56 Southeastern Freight Lines 91,931
57 Highlight Motor Group 89,114
est
58 Cheema Freightlines 88,400
59 Mercer Transportation 85,700
est
60 Best Logistics Group 65,900
est
61 Dupré Logistics 64,667
62 JRayl Transport 63,000
est
63 Barnes Transportation Services 55,000
est
64 TGR Logistics 50,000
est
65 AMX Trucking 40,000
66 McCollister's Global Services 30,000
67 Atlas World Group 20,335
68 Beemac Trucking 20,000
69 Trans-System 16,000
Extras

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

104

On the Bubble

Highlight Motor Group ($217 million), is a truckload and LTL carrier based in Concord, Ontario.

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, For-Hire

TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls

TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Equipment, Logistics, For-Hire, Top 100

Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains

Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

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

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

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

Old Dominion Posts Third Straight Quarter of Revenue Growth

Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Technology, Safety, For-Hire, Top 100

Gaining Driver Buy-In Is Key to Deploying Dash Cams

CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.

Seth Clevenger | Managing Editor, Features and Multimedia
July 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Logistics, For-Hire

Urban Delivery Hubs Present Solutions to Final-Mile Shipping

An evolving concept to address the issue of final-mile delivery is the urban delivery hub.

Dan Calabrese | Special to Transport Topics
July 23, 2024
Business, For-Hire

UPS Boosts Volume in US for First Time Since 2022

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.

Michelle Chapman | Associated Press
July 23, 2024
Government, Business, For-Hire

XPO Launches Cross-Border Expansion Into Mexico

XPO launched a new service aimed at expanding its cross-border services between the U.S. and Mexico, the company announced July 17.

Connor D. Wolf | Staff Reporter
July 22, 2024
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