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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 United Road Services 736,236
est
2 Jack Cooper Holdings 461,716
est
3 Cassens Transport 185,733
est
4 Proficient Auto Transport 135,756
5 Bennett Family of Cos. 106,935
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, Fuel, Logistics, For-Hire

Kenan Advantage Group Owner Omers Exploring IPO

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

Gillian Tan and Paula Sambo | Bloomberg News
April 12, 2024
Business, For-Hire

Roadrunner Opens Service Center in Atlanta

Roadrunner opened a new less-than-truckload service center in Atlanta, the longhaul freight carrier announced April 10.

Connor D. Wolf | Staff Reporter
April 10, 2024
Business, Technology, Autonomous, For-Hire

Kodiak Forms Autonomous Truck Council With Walmart, UPS

Kodiak Robotics launched an advisory council to bolster its efforts to commercialize autonomous trucks with the help of trucking industry leaders, the company announced March 27.

Connor D. Wolf | Staff Reporter
April 8, 2024
Government, Business, Logistics, For-Hire, TCA

Penske Sues Sacramento Over Environmental Plan

Penske Truck Leasing Co. has sued the city of Sacramento, Calif., alleging the city's environmental plan will harm the company's large North Sacramento facility.

Theresa Cliff | The Sacramento Bee
April 4, 2024
Government, Business, Logistics, For-Hire

UPS to Become the Primary Air Cargo Provider for USPS

UPS will become the primary air cargo provider for the United States Postal Service after FedEx said it wasn’t able to reach an agreement on mutually beneficial terms to extend its contract.

Michelle Chapman | Associated Press
April 1, 2024
Government, Business, Technology, For-Hire

Work Continues on Establishing PC-12 Oil Category

PC-12 will replace the current API CK-4 and FA-4 engine oils, but there are still hurdles ahead of the finish line.

Michael Freeze | Features Editor
March 29, 2024
Business, Logistics, For-Hire

UPS Sees Sales, Profit Growth Coming Out of ‘Difficult’ 2023

UPS Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming out of the pandemic.

Kiel Porter | Bloomberg News
March 26, 2024
Business, Logistics, For-Hire

Amazon Delivery Rival Pandion Secures Funding for Expansion

E-commerce logistics startup Pandion — which helps retailers like Saks Fifth Avenue compete with Amazon’s delivery — has secured $41.5 million in fresh funds to expand its operation.

Spencer Soper | Bloomberg News
March 22, 2024
Business, For-Hire

FedEx Plans $5 Billion Buyback of Shares

FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts have helped boost the courier’s profits as fiscal third-quarter earnings beat expectations.

March 21, 2024
Government, Business, Technology, Logistics, For-Hire

Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders

Aerolane is testing a business plan to pull cargo gliders with small freighter planes.

Thomas Black | Bloomberg News
March 19, 2024
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