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.
| 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 | |
| 9 | 8 | 5,498,900 | 238,500 | 17,300 | 10,600 | 47,300 | |
| 14 | 11 | 4,202,585 | 167,528 | 5,950 | 5,200 | 4,300 | |
| 4 | 4 | 9,090,567 est |
504,877 | 25,123 | 7,504 | 34,599 | |
| 10 | 6 | 5,303,322 | 264,394 | 1,468 | 9,809 | 18,017 | |
| 8 | 10 | 5,866,152 | 1,239,502 | 23,386 | 10,791 | 46,414 | |
| 12 | 12 | 4,427,443 | 142,164 | 15,000 | 4,411 | 24,323 | |
| 5 | 5 | 7,744,000 | 189,000 | 38,000 | 9,500 | 33,500 | |
| 11 | 14 | 5,073,000 | - | 22,803 | 10,033 | 41,368 | |
| 16 | 17 | 3,283,499 | 112,382 | 13,809 | 8,035 | 30,810 | |
| 78 | 88 | 410,000 est |
- | 1,250 | 352 | 2,042 | |
| 34 | 36 | 1,282,000 | - | 616 | 3,900 | ||
| 21 | 22 | 2,406,635 | - | 10,000 | 7,550 | 12,600 | |
| 20 | 19 | 2,520,027 | 368,654 | 4,535 | 8,112 | 15,735 | |
| 19 | 20 | 2,653,000 | 296,000 | 14,000 | 552 | 1,073 | |
| 42 | 28 | 1,089,000 est |
- | 6,500 | 3,996 | 5,544 | |
| 25 | 26 | 1,668,000 est |
- | 6,224 | 4,778 | ||
| 18 | 21 | 2,881,433 | 354,857 | 14,000 | 6,500 | 22,100 | |
| 27 | 25 | 1,662,139 | 92,901 | 9,311 | 4,206 | 4,892 | |
| 24 | 32 | 1,686,340 | - | 8,592 | 2,924 | 8,426 | |
| 13 | 15 | 4,300,000 | - | 21,173 | 7,287 | 21,979 | |
| 15 | 16 | 3,500,000 | - | 17,300 | 4,850 | 13,700 | |
| 7 | 7 | 7,141,766 | 217,149 | 34,300 | 24,788 | 96,347 | |
| 32 | 38 | 1,342,000 | - | 6,500 | 5,538 | 13,170 | |
| 41 | 27 | 1,096,958 | 167,351 | 4,014 | 989 | 6,637 | |
| 37 | 41 | 1,193,400 est |
- | 2,519 | 1,088 | 3,348 | |
| 51 | 57 | 903,312 est |
- | 3,000 | 2,035 | 5,782 | |
| 50 | 53 | 904,600 | 2,000 | 637 | 1,679 | 3,754 | |
| 31 | 30 | 1,511,300 | - | 2,379 | 2,443 | 6,891 | |
| 36 | 58 | 1,207,458 | 14,775 | 6,320 | 5,512 | 16,833 | |
| 43 | 48 | 1,057,251 | - | 3,050 | 4,300 | ||
| 23 | 34 | 1,706,219 | - | 5,000 | 3,782 | 10,302 | |
| 71 | 75 | 531,522 est |
- | 2,000 | 1,286 | 1,284 | |
| 29 | 39 | 1,529,000 | - | 8,258 | 1,537 | 9,854 | |
| 67 | 71 | 574,668 est |
- | 3,400 | 2,200 | 5,000 | |
| 40 | 46 | 1,103,573 | 55,229 | 4,904 | 2,458 | 4,808 | |
| 53 | 62 | 814,000 | 118,900 | 3,650 | 2,400 | 4,100 | |
| 38 | 42 | 1,131,455 | 70,373 | 4,213 | 3,349 | 5,653 | |
| 49 | 60 | 944,742 | - | 5,424 | 1,654 | 4,145 | |
| 65 | 70 | 647,000 est |
- | 266 | 2,093 | 2,093 | |
| 44 | 50 | 1,054,000 est |
- | 5,300 | 3,550 | 9,200 | |
| 60 | 64 | 736,236 est |
- | 1,837 | 1,797 | 1,915 | |
| 59 | 65 | 744,000 est |
- | 3,500 | 2,519 | 3,402 | |
| 47 | 37 | 989,259 | 101,259 | 4,621 | 2,354 | 6,549 | |
| 46 | 49 | 1,003,153 | - | 4,486 | 2,600 | 9,400 | |
| 95 | 248,467 | - | 1,350 | 849 | 623 | ||
| 39 | 43 | 1,127,348 | - | 1,215 | 3,499 | 3,345 | |
| 45 | 56 | 1,035,000 est |
- | 5,800 | 2,261 | 5,223 | |
| 63 | 68 | 670,079 | - | 2,325 | 2,392 | 7,666 | |
| 54 | 61 | 810,807 | 18,416 | 2,530 | 2,200 | 8,567 | |
| 22 | 23 | 2,040,000 | - | 630 | 7,500 | ||
| 68 | 73 | 574,000 est |
- | 2,933 | 2,166 | 5,820 | |
| 73 | 72 | 446,000 est |
- | 2,000 | 1,600 | 5,600 | |
| 57 | 66 | 774,000 | - | 4,120 | 1,763 | 2,924 | |
| 76 | 79 | 423,433 est |
- | 2,173 | 1,645 | 2,763 | |
| 80 | 84 | 390,150 est |
- | 900 | 2,000 | ||
| 79 | 81 | 403,002 est |
- | 1,485 | 576 | 1,147 | |
| 84 | 92 | 332,000 | - | 1,150 | 1,005 | 1,900 | |
| 69 | 83 | 556,975 | - | 1,585 | 1,480 | 3,134 | |
| 83 | 82 | 349,442 | - | 1,754 | 1,596 | 2,420 | |
| 33 | 40 | 859,429 | - | 2,940 | 2,200 | 150 | |
| 62 | 59 | 674,500 | - | 3,500 | 2,897 | 4,608 | |
| 64 | 69 | 664,000 | - | 2,262 | 1,899 | 3,425 | |
| 88 | 94 | 320,000 est |
- | 1,700 | 800 | 2,400 | |
| 82 | 357,000 | - | 600 | 640 | 1,300 | ||
| 35 | 44 | 1,261,000 est |
- | 2,953 | 11,877 | ||
| 81 | 87 | 374,000 est |
- | 400 | 158 | 575 | |
| 94 | 253,000 est |
- | 1,600 | 600 | |||
| 56 | 67 | 795,000 | - | 3,200 | 2,500 | 2,345 | |
| 30 | 35 | 1,525,716 est |
- | 1,234 | |||
| 100 | 182,415 | 13,426 | 1,800 | 119 | 295 | ||
| 96 | 100 | 232,529 est |
- | 588 | 653 | 1,250 | |
| 98 | 204,698 | 6,141 | 1,288 | 1,150 | 2,696 | ||
| 87 | 86 | 323,556 | 187,260 | 1,225 | 615 | 1,805 | |
| 75 | 85 | 425,089 | - | 619 | 1,199 | 2,011 | |
| 28 | 33 | 1,569,780 est |
- | 3,600 | 3,950 | 6,400 | |
| 48 | 55 | 962,180 est |
- | 5,583 | 3,500 | 5,000 | |
| 6 | 9 | 7,660,000 est |
- | 47,500 | 69,000 | 40,800 | |
| 85 | 91 | 331,258 est |
- | 930 | 616 | 1,000 | |
| 17 | 18 | 3,070,000 est |
- | 8,284 | 20,468 | ||
| 74 | 63 | 443,000 est |
- | 2,043 | 6,300 | ||
| 55 | 45 | 808,000 est |
- | 2,624 | 3,152 | 5,250 | |
| 25 | 29 | 1,668,000 est |
- | 9,309 | 5,255 | 15,774 | |
| 61 | 76 | 676,000 est |
- | 3,681 | 4,429 | ||
| 72 | 78 | 468,180 est |
- | 450 | 1,500 | ||
| 89 | 93 | 312,933 est |
- | 509 | 757 | 3,400 | |
| 77 | 80 | 415,120 est |
- | 260 | 550 | 650 | |
| 92 | 97 | 290,822 est |
- | 1,200 | 1,897 | 2,068 | |
| 93 | 98 | 264,906 | - | 1,095 | 750 | 3,340 | |
| 70 | 74 | 547,128 est |
- | 2,000 | 2,000 | ||
| 86 | 330,000 | - | 1,404 | 687 | 1,423 | ||
| 99 | 198,166 | -1,324 | 1,315 | 702 | 1,620 | ||
| 91 | 96 | 301,222 est |
- | 1,300 | 1,200 | 4,600 | |
| 52 | 54 | 886,000 | - | 783 | 1,020 | 1,508 | |
| 90 | 95 | 305,694 est |
- | 1,500 | 4,000 | ||
| 97 | 207,000 | - | 1,090 | 850 | 2,200 | ||
| 58 | 758,000 est |
- | |||||
| 66 | 609,000 est |
- | 3,700 | 3,076 | 11,683 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
* Tractor count includes company-owned, lease-to-own and owner-operator tractors.
#2 FedEx Corp. revenue and net income is for the 12-month period ended Feb. 29, 2024.
#4 TFI’s revenue is adjusted to reflect its acquisition of Daseke Inc. in April 2024.
#6 Ryder’s revenue is adjusted to reflect its acquisition of Cardinal Logistics in February 2024.
#33 IMC Logistics revenue data was provided by the company to replace the previously published estimate that determined its ranking on the Top 100 list.
#47 Mullen Group revenue and income converted to U.S. dollars based on average 2023 exchange rate.
#48 10 Roads Express revenue estimate is based on data provided by Culhane Meadows.
#28 PS Logistics, #30 OnTrac Inc., #37 Lynden, #51 Quality Carriers, #60 United Road Services, #67 Trimac Transportation, #70 Heniff, #71 Jack Cooper Holdings, #72 ContainerPort Group, #76 Maverick USA, #77 Beemac Trucking, #79 Dependable Supply Chain Services, #80 Koch Cos., #89 Artur Express, #90 Western Flyer Express, #91 New Legend, #92 Transervice Logistics and #96 National Carriers revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
#17 R+L Carriers, #25 CRST, #35 Central Transport International, #58 Manitoulin Group of Cos., #61 TMC Transportation, #65 Mercer Transportation, #66 FirstFleet and #68 Roehl Transport revenues are estimated by SJ Consulting Group.
#25 Averitt Express, #42 C.R. England, #45 Dayton Freight Lines, #55 Hirschbach Motor Lines, #59 Canada Cartage, #73 Mesilla Valley Transportation, #74 USA Truck, #78 Roadrunner Freight, #81 Daylight Transport, #88 Oak Harbor Freight Lines and #94 Ward Transport & Logistics revenue estimates are based on data provided by SJ Consulting Group.
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.
Freight Recession Still Squeezing Marten’s Profits, Margins
Profits and margins at Marten Transport continued to weaken in Q2 of 2024, dented by the ongoing industrywide supply-demand imbalance, higher costs and softer freight rates.
J.B. Hunt Reports $2.9 Billion in Revenue for Q2
J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.
Leonard’s Express Eyes Planning Boost With Optimal Dynamics
Leonard’s Express will begin deploying Optimal Dynamics’ load planning and dispatch software starting in August, executives said July 16.
Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service
Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.
Are Air Disc Brakes Worth It?
In choosing brake systems for a commercial fleet, there’s no wrong answer whether air disc brakes are a right fit versus drum brakes. There are plenty of advantages for both.
Federal Maritime Commission Reopens Port Chassis Probe
The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.
UPS Names Brian Dykes New CFO
UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.
US Chamber Files Amicus Brief in Werner Verdict
The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.
FedEx’s Strong Profit Forecast Drives Stock Surge
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.
TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase
TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.
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