2024 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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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
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Less-Than-Truckload Carriers
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 Transportation Group | 909,000 |
14 | Manitoulin Transport | 758,000 est |
15 | Day & Ross | 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 |
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 email to get information about your company prior to publication of the next Top 100 list.
FedEx Freight revenue is for the 12-month period ended Feb. 29, 2024.
Mullen Group revenue converted to U.S. dollars based on average 2023 exchange rate.
PS Logistics, JP Express and McCollister’s revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
Estes Express Lines, Averitt Express, Dayton Freight Lines, Pitt Ohio, Roadrunner Freight, Daylight Transport, Oak Harbor, Ward Trucking, CrossCountry, Magnum LTL and Dependable Highway Express revenues are via SJ Consulting Group.
R+L Carriers, Central Transport, Manitoulin Transport, Midwest Motor Express and Peninsula Truck Lines revenues are estimated by SJ Consulting Group.
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
Schneider Reports Revenue and Earnings Growth in Q2
Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.
July 31, 2025XPO Reports Unchanged Revenue at $2.08 Billion for Q2
The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.
July 31, 2025ODFL Q2 Profit Slides 16.6% as Market Weakness Persists
Profit and revenue at Old Dominion Freight Line fell in the second quarter, but senior executives said clarity is growing on how the ongoing freight recession might start to see an upturn.
July 30, 2025Soft Freight Weighs on ArcBest, but Tech Boosts Efficiency
ArcBest experienced a year-over-year decline in revenue and earnings amid the continuing soft freight environment during the second quarter of 2025, the company reported July 30.
July 30, 2025Werner Q2 Earnings Lifted by Texas Nuclear Verdict Reversal
A pair of favorable financial outcomes tied to legal and business proceedings helped lift Werner Enterprises’ bottom-line results in the second quarter of 2025, the company reported July 29.
July 30, 2025TFI Q2 Profit, Revenue Fall Double Digits as Tariffs Bite
“We’re most affected by the [tariff] instability in our industrial truckload base in the U.S.,” TFI CEO Alain Bédard said during a July 28 conference call with investors.
July 29, 2025UPS Withholds Outlook on Market Upheaval After Mixed Quarter
UPS has struggled to get a handle on volatility in the market, underscoring the challenges for the courier’s effort to reconfigure its network and revitalize its business.
July 29, 2025Hub Group Buys Marten’s Intermodal Unit for $51.8 Million
The deal, which Hub Group expects to more than double the size of its temperature-controlled intermodal fleet, is set to close by the end of the third quarter.
July 28, 2025International Q2 Truck Sales, Profit Rise Amid Dim Outlook
International sold 14,628 trucks in the most recent quarter, compared with 13,143 trucks a year earlier.
July 25, 2025