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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 Company Revenue (000)
1 FedEx Freight 9,045,000
2 Old Dominion Freight Line 5,866,152
3 XPO 4,671,000
4 Estes Express Lines 4,338,000
5 R+L Carriers 3,070,000
est
6 Saia Inc. 2,881,433
7 ABF Freight 2,871,004
8 TFI International 2,777,309
9 Southeastern Freight Lines 1,597,133
10 Central Transport 1,261,000
est
11 Averitt Express 1,165,000
12 Dayton Freight Lines 1,035,000
13 Pitt Ohio 909,000
14 Manitoulin Transport 758,000
est
15 Day & Ross Freight 581,020
16 A. Duie Pyle 571,000
17 Mullen Group 570,667
18 Roadrunner Freight 410,000
19 Daylight Transport 374,000
20 Oak Harbor Freight Lines 320,000
21 Ward Trucking 253,000
22 CrossCountry Freight Solutions 207,000
23 Fastfrate Group 194,000
24 Midwest Motor Express 160,000
est
25 Magnum LTL 155,000
26 Sutton Transport 122,000
27 Landstar System 117,683
28 Dependable Highway Express 112,000
29 Peninsula Truck Lines 108,000
est
30 North Park Transportation 94,000
31 PS Logistics 91,100
est
32 JP Express 58,699
est
33 Anderson Trucking Service 58,000
34 TGR Logistics 51,000
35 Highlight Motor Group 45,578
est
36 TCI Transportation 40,000
37 Bison Transport 34,829
38 McCollister's Global Services 30,382
est
39 Atlas World Group 29,889
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
For-Hire, Top 100

Top 100 For-Hire Carriers: How to Get on the List

Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.

April 25, 2024
Business, For-Hire

Knight-Swift Reports Earnings Drop Amid Revenue Growth

Knight-Swift Transportation Holdings saw its first-quarter bottom-line results swing from a profit to a loss.

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

Mullen Group Reports Lower Revenue for Q1

Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.

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

Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

Keiron Greenhalgh | Staff Reporter
April 24, 2024
Business, For-Hire

ODFL Reports Q1 Revenue and Earnings Growth

Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.

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

UPS Reports 41% Earnings Drop During Q1

UPS Inc. experienced a 41.3% drop in earnings during the first quarter of 2024, the company reported April 23.

Connor D. Wolf | Staff Reporter
April 23, 2024
Government, Business, For-Hire

Five Auto Haulers to Merge as Backer Files for IPO

Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.

Keiron Greenhalgh | Staff Reporter
April 17, 2024
Business, For-Hire

J.B. Hunt Reports $2.9 Billion Revenue for Q1

J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.

Connor D. Wolf | Staff Reporter
April 17, 2024
Business, Technology, For-Hire

Truck Software Developer Platform Science Raises $125M

Platform Science raised $125 million in capital to accelerate the launch of its software platform with additional truck manufacturers, a spokesperson for the company said April 16.

Keiron Greenhalgh | Staff Reporter
April 17, 2024
Government, Business, Technology, Equipment, Logistics, For-Hire, Global Freight

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

Matt Day | Bloomberg News
April 15, 2024
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