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 This Year Rank Last Year Company Revenue (000) Net Income (000) Employees Tractors* Trailers
29 32 1,834,641 - 9,309 5,255 15,774
45 64 1,219,000 - 2,624 3,152 5,250
77 69 525,000
est
- 11,396
93 96 340,886 - 509 757 3,400
14 12 5,150,000 - 22,111 9,694 37,032
30 30 1,794,300 - 2,413 2,631 6,941
78 93 510,000 - 450 1,500
94 94 338,000
est
- 1,700 777 2,487
15 15 4,400,000 - 20,743 8,242 22,375
79 79 461,256 - 2,173 1,645 2,763
95 89 333,000
est
- 1,150 4,000
16 16 3,900,000 - 16,800 5,000 14,300
32 35 1,741,123 - 8,694 3,075 8,440
48 48 1,142,000 - 3,500 5,900
64 56 802,000
est
- 1,837 1,978 2,110
80 91 452,201 - 260 550 650
96 92 328,129 - 1,300 1,200 4,600
33 36 1,710,000 - 3,600 3,950 6,400
49 53 1,109,156 - 4,406 2,577 9,300
65 59 774,000 - 3,500 2,519 3,402
81 83 439,000 - 1,485 576 1,147
97 95 316,800 - 1,200 1,897 5,487
18 19 2,864,000
est
- 6,774 19,709
34 38 1,680,306 - 5,500 3,792 10,566
66 63 768,000 - 3,977 1,528 3,036
82 86 438,305 - 1,698 1,456 2,281
98 100 301,328 - 1,260 900 3,200
35 27 1,662,000
est
-
51 44 1,102,000 - 4,070 3,245 9,000
67 749,767 - 3,806 2,200 1,890
83 76 437,035 - 1,684 1,621 3,125
99 97 265,000
est
- 1,545 1,170 3,500
36 33 1,600,000 - 795 150 5,237
68 62 727,612 - 2,527 2,569 7,426
84 85 425,000
est
- 1,213 983 5,689
100 253,300 - 588 653 1,250
69 74 715,000 - 2,094 1,640 3,764
22 24 2,480,512 - 10,000 7,320 12,700
38 37 1,525,000
est
- 6,500 5,000 13,000
54 61 1,014,000 - 746 1,016 1,626
70 65 635,000 - 266 2,093 2,093
86 84 393,000 - 1,225 675 1,400
23 22 2,425,000
est
- 650 9,000 3,000
39 34 1,510,000 - 8,964 3,289 9,854
55 49 1,012,000 - 5,583 3,300 3,900
71 67 626,000
est
- 1,681 3,250
87 80 389,000
est
-
40 43 1,397,609 - 2,797 1,890 150
56 60 1,004,000 - 5,838 2,261 5,223
72 73 622,328 - 2,897 1,756 6,311
88 79 386,000
est
-
25 26 2,015,456 - 10,000 4,260 3,945
41 39 1,300,000 - 2,519 1,088 3,348
57 51 984,000
est
- 1,600 2,600 7,500
73 70 606,744 - 2,933 2,166 5,820
89 81 377,600
est
- 2,051 7,140
26 25 2,000,000 - 6,224 4,788
74 68 596,000
est
- 1,806 5,066
90 82 365,000
est
- 1,206 649 3,500
43 42 1,251,872 - 1,175 3,337 2,911
59 72 950,000
est
- 3,000 2,702 5,019
75 71 579,000 - 2,000 1,286 1,284
28 29 1,837,665 - 6,500 3,996 5,544
44 40 1,236,000
est
- 2,953 11,877
60 50 948,670 - 5,315 1,611 4,131
76 75 566,000
est
- 3,098 4,252
92 90 356,000 - 1,170 995 1,920
24 23 2,161,000 -42,000 9,397 7,200 14,400
91 88 360,848 3,583 930 616 1,089
53 46 1,064,200 13,400 840 1,638 3,562
85 98 404,080 18,789 596 1,096 1,719
13 10 5,245,000 22,000 30,000 12,700 42,000
63 57 853,000
est
25,000 2,069 2,157 6,548
31 31 1,773,000 50,000 4,123 4,982 10,723
61 58 947,000 91,000 3,395 2,451 7,784
46 40 1,216,858 108,682 4,985 2,368 5,074
42 47 1,263,878 110,354 4,575 3,660 5,753
37 52 1,536,895 121,906 4,459 2,167 6,333
58 66 968,000 137,000 4,710 5,946 18,551
52 54 1,069,554 142,500 5,500 3,261 8,200
50 45 1,107,974 145,023 5,300 3,550 9,200
62 55 910,000 184,500 3,350 2,275 3,850
27 27 1,973,000 193,000 4,155 916 6,726
47 1,210,000 202,900 1,027 160 1,976
17 17 3,289,978 241,256 14,300 8,639 27,650
9 11 6,506,000 288,000 48,000 69,400 41,500
12 14 5,324,052 298,209 15,000 4,457 23,968
20 18 2,800,000 338,000 13,222 529 1,070
11 13 5,340,000 357,000 5,900 3,050 4,600
21 21 2,792,057 357,422 12,300 6,200 20,800
6 6 7,437,000 430,914 1,449 11,281 18,593
19 20 2,813,522 450,972 4,685 8,575 17,472
8 8 6,604,400 457,800 17,050 10,200 44,120
5 3 7,718,000 666,000 38,000 8,200 27,000
7 7 7,429,000 771,000 27,900 21,899 83,210
4 5 8,813,000 823,000 25,836 18,347 38,091
3 4 14,814,000 969,351 37,000 20,215 43,040
10 9 6,260,077 1,377,159 24,027 11,274 45,567
2 2 92,619,000 2,992,000 547,000 38,749 141,902
1 1 100,300,000 11,500,000 536,000 16,440 85,024
Extras

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

101

On the Bubble

CrossCountry Freight Solutions ($250 million), is a truckload and LTL carrier based in Bismarck, N.D.

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

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

Connor D. Wolf | Staff Reporter
February 29, 2024
Government, Business, Safety, For-Hire

Groups Support Werner in Legal Filing Over ‘Nuclear’ Verdict

The Texas Trucking Association and another advocacy group have filed a “friend of the court” brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.

Eric Miller | Senior Reporter
February 28, 2024
Government, Business, Technology, For-Hire

New SEC Rules Prompt Closer Look at Cybersecurity

Trucking businesses need to take a close look at the state of their cybersecur­ity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.

Joe Dysart | Webology 101
February 23, 2024
Business, Equipment, For-Hire

Estes, Pitt Ohio Among Firms Filling Yellow Void in Buffalo

Yellow Corp.’s shutdown has opened the door for Estes Express Lines, Pitt Ohio and more to make greater inroads in the Buffalo, N.Y., Niagara region.

Matt Glynn | The Buffalo (N.Y.) News
February 20, 2024
Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Government, Business, For-Hire

Knight-Swift Adds 10 More Leased Yellow Terminals to Haul

Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

Nina Trentmann | Bloomberg News
February 12, 2024
Business, For-Hire

TFI Eyes Merger for Truckload Operations as Part of Spinoff

TFI International’s truckload operations could be merged with a competitor to divide the Montreal-based company into two publicly traded entities, likely in 2025, its CEO said Feb. 9.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
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