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 Mail Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Corp. | 1,600,744 |
2 | 10 Roads Express | 962,180 est |
3 | UPS Inc. | 339,870 |
4 | Evo Transportation & Energy Services | 236,363 |
5 | Southern Mail Service | 175,352 |
6 | Traffix USA | 150,527 |
7 | Midwest Transport | 145,423 |
8 | Alan Ritchey Inc. | 144,145 |
9 | McCormick Trucking | 115,874 |
10 | AJR Trucking | 114,237 |
11 | Mail Management Services | 105,320 |
12 | Davenport Transportation | 102,368 |
13 | Bancroft and Sons Transportation | 95,799 |
14 | Davis Mail Services | 65,597 |
15 | B&B Trucking | 65,422 |
16 | XPO | 59,608 |
17 | Covenant Logistics Group | 48,458 |
18 | United Express Service | 46,124 |
19 | Sodrel Truck Lines | 44,758 |
20 | STK Transportation | 41,984 |
21 | Freedom Trans USA | 40,839 |
22 | Hartwig Transit | 37,937 |
23 | DDA Transport | 34,784 |
24 | Beco Inc. | 33,706 |
25 | Postal Delivery Systems | 31,381 |
26 | W&L Mail Service | 30,347 |
27 | Maxway | 30,336 |
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.
Revenue for all companies is provided by Culhane Meadows.
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
Nikola Customers’ Conundrum: Innovate or Park the Truck?
Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.
July 3, 2025UPS Plans to Offer Voluntary Buyouts to Union Drivers
UPS plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the company’s history as part of an effort to boost profit by slimming down its operations.
July 3, 2025Watsontown Trucking Buys Milton Transportation
The purchase of Milton Transportation and BTR will add 40 trucks, 300 trailers, two maintenance facilities and a body and alignment shop to the Watsontown Trucking portfolio.
June 30, 2025Werner Wins $100M Nuclear Verdict Reversal by Texas Court
The Texas Supreme Court has ruled in favor of Werner Enterprises, reversing a $100 million jury verdict against the motor carrier upheld by an appellate court.
June 27, 2025Idaho Trucking Leader Heber Andrus Dies at Age 75
Heber Lynn Andrus, a past chairman of the Idaho Trucking Association and former owner of Idaho-based Doug Andrus Distributing, died June 11 at age 75.
June 25, 2025FedEx Cuts Q1 Guidance Despite Q4 Gains
FedEx reported gains in fourth-quarter revenue and earnings on the heels of a profitability initiative that helped counter market headwinds, but cut its guidance amid trade worries.
June 24, 2025Target Eyes Shein, Temu Model With Factory-Direct Shipping
The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasn’t been announced.
June 24, 2025Fred Smith, FedEx Chairman and Founder, Dies at 80
“It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder and executive chairman, died earlier today,” CEO Raj Subramaniam wrote June 21.
June 22, 202510 Roads Express Reaches Tentative Agreement With Teamsters
A four-month-long strike at Iowa-based contract carrier 10 Roads Express by members of the International Brotherhood of Teamsters has taken a major step toward resolution.
June 20, 2025Interactive Map: Where the 2025 Top 100 For-Hire Carriers Are in North America
Find out where the 2025 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 20, 2025