2025 Top Less-Than-Truckload Carriers

2025 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front

Coming off yet another down year for freight in 2024, motor carriers now face an uncertain business environment.

Tariffs and shifting trade patterns have made business planning difficult for North American trucking companies.

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 8,901,000
2 Old Dominion Freight Line 5,814,810
3 Estes Express Lines 4,994,000
4 XPO 4,899,000
5 R+L Carriers 3,820,000
est
6 TFI International 3,702,935
7 Saia Inc. 3,209,074
8 ABF Freight 2,750,134
9 Central Transport 1,628,000
est
10 Southeastern Freight Lines 1,609,900
est
11 AAA Cooper Transportation (Knight-Swift) 1,235,547
12 Averitt Express 1,106,246
13 Dayton Freight Lines 1,024,836
14 Pitt Ohio Transportation Group 934,526
est
15 Manitoulin Transport 759,516
est
16 A. Duie Pyle 616,000
17 Day & Ross 570,149
18 Mullen Group 547,737
19 Roadrunner Freight 416,700
20 Daylight Transport 393,000
est
21 Oak Harbor Freight Lines 362,000
22 Ward Trucking 258,000
est
23 CrossCountry Freight Solutions 225,000
24 Fastfrate Group 182,689
25 Magnum LTL 164,000
est
26 Sutton Transport 115,000
est
27 Peninsula Truck Lines 103,000
est
28 Landstar System 99,828
29 North Park Transportation 93,342
est
30 Anderson Trucking Service 54,485
31 TGR Logistics 50,643
est
32 Highlight Motor Group 41,628
est
33 TCI Transportation 39,720
34 Evans Network of Cos. 38,000
35 Bison Transport 29,665

Extras

Young professionals joining the trucking industry are reshaping their workplaces, advocating for flexible work environments.

Carriers across various segments of the trucking industry navigated unfavorable business conditions in 2024.

Motor carriers are sharing knowledge and resources to better support military veteran employees.

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get ready-made graphics.

Tariffs raised by the Trump administration create obstacles on the path to a market recovery, the study’s authors warned.

Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list.

For-Hire News

BusinessFor-HireGlobal Freight

XPO Reports Q3 Revenue Jumps to $2 Billion

The Greenwich, Conn.-based LTL carrier reported net income of $82 million for the three months ending Sept. 30. That compared with $95 million the previous year. 

October 31, 2025
BusinessLogisticsFor-HireTop 100

Werner Posts Q3 Revenue Gain Despite Cost-Driven Losses

Werner Enterprises saw its third-quarter bottom line swing from a year-ago profit to a loss as one-time expenses took a toll on its three-month results.

October 31, 2025
BusinessLogisticsFor-Hire

Landstar Profit Falls by More Than Half on Review Write-Downs

“We are working toward a late 2025 or early 2026 sale of Landstar Metro and have thus far experienced a good deal of interest in that company,” CEO Frank Lonegro said.

October 31, 2025
BusinessLogisticsFor-HireTop 100

Schneider Reports Revenue Growth, Profit Dip in Tough Market

Schneider experienced revenue growth in the third quarter from the previous year even as a slowing market and claims costs dragged down earnings, the company reported Oct. 30.

October 30, 2025
BusinessLogisticsFor-HireTop 100

ODFL Focuses on Costs to Limit Q3 Profit Hit in Weak Market

The company posted a $271 million profit in Q3 2025, down 12.2% compared with $308.6 million last year. Revenue was $1.41 billion, a 4.3% decrease compared with $1.47 billion.

October 30, 2025
BusinessLogisticsFor-HirePrivateGlobal Freight

UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts

The results suggest CEO Carol Tomé’s revival efforts are gaining traction after UPS struggled with slow demand, high expenses and uncertainty fueled by tariffs.

October 28, 2025
BusinessLogisticsFor-Hire

Shippers Eye Earlier Bid Cycles to Beat Market’s Turn

Customers are telling J.B. Hunt it has been a shipper’s market for longer than any of them expected, but they expect change in the market soon, said Director of Intermodal Pricing Amy Horn.

October 27, 2025
BusinessEquipmentLogisticsFor-Hire

Ryder Q3 Profit, Revenue Hold Steady in Weak Market

Executives told analysts the most recent quarter’s performance boded well for the coming quarters in spite of continued economic uncertainty. Overall, revenue was little changed.

October 26, 2025
GovernmentBusinessEquipmentLogisticsFor-Hire

OEMs Move Forward With Truck Tariffs Ahead

Paccar expects to seize a bigger U.S. heavy-duty truck market share and to be able to increase prices once the Section 232 import tariffs on medium- and heavy-duty trucks and parts go live.

October 24, 2025
BusinessEquipmentLogisticsFor-HireTop 100

DSV Seeks Buyer for USA Truck After DB Schenker Deal

USA Truck’s business model does not fit DSV’s vision for asset-light North American on-road operations, the company said in a report accompanying the most recent quarter’s results.

October 24, 2025

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