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 This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 91,100,000 | 5,782,000 | 490,000 | 19,267 |
84,956 | |
| 2 | 2 | 87,815,000 | 3,918,000 | 430,000 | 38,384 |
148,585 | |
| 3 | 3 | 12,087,204 | 570,886 | 33,646 | 20,500 |
46,300 | |
| 4 | 4 | 8,396,830 | 422,484 | 27,124 | 21,835 |
45,453 | |
| 5 | 5 | 8,072,000 | 387,000 | 38,000 | 9,700 |
34,400 | |
| 6 | 6 | 7,700,000 | 5,800,000 | 39,200 | 66,700 |
44,700 | |
| 7 | 7 | 7,410,078 | 243,388 | 35,300 | 26,975 |
102,395 | |
| 8 | 11 | 5,865,000 | - | 24,305 | 10,621 |
42,388 | |
| 9 | 8 | 5,814,810 | 1,186,073 | 22,522 | 11,281 |
46,714 | |
| 10 | 9 | 5,300,000 | 117,000 | 19,400 | 14,500 |
47,003 | |
| 11 | 10 | 4,819,245 | 195,946 | 1,441 | 8,843 |
17,667 | |
| 12 | 13 | 4,300,000 | - | 21,071 | 7,458 |
20,379 | |
| 13 | 12 | 4,179,019 | 173,361 | 14,000 | 4,258 |
24,783 | |
| 14 | 14 | 3,946,390 | 103,993 | 6,300 | 2,720 |
7,110 | |
| 15 | 17 | 3,820,000 est |
- | - | 9,023 |
23,825 | |
| 16 | 15 | 3,600,000 | - | 18,200 | 4,850 |
12,060 | |
| 17 | 18 | 3,209,074 | 362,065 | 15,000 | 6,600 |
26,200 | |
| 18 | 16 | 3,030,258 | 33,570 | 13,191 | 9,808 |
25,495 | |
| 19 | 20 | 2,474,403 | 333,776 | 4,956 | 9,681 |
13,824 | |
| 20 | 21 | 2,363,408 | - | 10,000 | 7,600 |
12,750 | |
| 21 | 19 | 2,011,679 | 209,489 | 14,000 | 547 |
1,040 | |
| 22 | 22 | 1,871,000 | - | - | 7,000 |
1,000 | |
| 23 | 27 | 1,846,035 | 129,907 | 10,763 | 4,124 |
4,953 | |
| 24 | 24 | 1,700,000 est |
- | 8,592 | 2,924 |
8,426 | |
| 25 | 28 | 1,650,000 | - | 3,500 | 5,000 |
8,850 | |
| 26 | 23 | 1,639,676 est |
- | 5,000 | 3,782 |
5,663 | |
| 27 | 35 | 1,628,000 est |
- | - | 4,010 |
11,877 | |
| 28 | 25 | 1,597,000 est |
- | - | 3,335 |
8,500 | |
| 29 | 25 | 1,582,205 | - | 8,191 | 4,303 |
14,351 | |
| 30 | 30 | 1,528,767 est |
- | - | - | - | |
| 31 | 29 | 1,498,420 | - | 8,468 | 3,222 |
9,023 | |
| 32 | 31 | 1,428,838 | - | 2,412 | 2,223 |
6,170 | |
| 33 | 32 | 1,346,000 est |
- | - | 5,571 |
12,955 | |
| 34 | 37 | 1,195,787 est |
- | - | 734 |
2,445 | |
| 35 | 40 | 1,131,476 | 35,921 | 5,230 | 2,546 |
2,012 | |
| 36 | 39 | 1,129,603 est |
- | 1,215 | 3,499 |
3,345 | |
| 37 | 41 | 1,115,163 | -816,969 | 6,319 | 325 |
5,346 | |
| 38 | 44 | 1,062,000 est |
- | - | 3,600 |
10,259 | |
| 39 | 36 | 1,047,511 | -29,722 | 5,220 | 5,404 |
16,725 | |
| 40 | 45 | 1,024,836 | 165,667 | 4,372 | 2,023 |
5,568 | |
| 41 | 43 | 1,003,119 | - | - | 2,730 |
3,800 | |
| 42 | 42 | 1,000,000 est |
- | - | 4,254 |
8,936 | |
| 43 | 34 | 992,616 | - | 539 | 2,670 |
4,442 | |
| 44 | 47 | 990,803 | 81,971 | 5,177 | 2,373 |
6,784 | |
| 45 | 49 | 971,441 | - | 5,339 | 1,982 |
4,698 | |
| 46 | 38 | 963,708 | 26,922 | 3,776 | 3,006 |
5,440 | |
| 47 | - | 959,333 | - | 379 | 1,433 |
1,546 | |
| 48 | 52 | 959,000 | - | 715 | 1,142 |
896 | |
| 49 | 50 | 930,000 | 8,200 | 584 | 806 |
3,337 | |
| 50 | 48 | 924,665 est |
- | - | 3,500 |
5,000 | |
| 51 | 46 | 908,034 | - | 4,166 | 2,475 |
9,160 | |
| 52 | 64 | 865,700 | - | - | 1,896 |
3,425 | |
| 53 | 33 | 852,500 | - | 2,952 | 2,128 |
150 | |
| 54 | 51 | 851,000 | - | 3,000 | 2,632 |
8,382 | |
| 55 | 59 | 824,236 est |
- | 4,712 | 4,000 |
- | |
| 56 | 57 | 824,000 | - | 4,153 | 1,880 |
3,202 | |
| 57 | 53 | 782,880 | 82,415 | 3,635 | 2,500 |
4,420 | |
| 58 | 55 | 777,000 est |
- | - | 3,814 |
6,835 | |
| 59 | 58 | 759,516 est |
- | - | - | - | |
| 60 | 60 | 737,708 est |
- | 2,000 | 1,797 |
1,915 | |
| 61 | 56 | 725,000 | - | 3,130 | 2,414 |
2,467 | |
| 62 | 54 | 714,646 | -31,795 | 2,304 | 2,222 |
8,703 | |
| 63 | 61 | 677,352 est |
- | - | 3,880 |
5,145 | |
| 64 | 65 | 648,294 est |
- | 400 | 1,775 |
2,379 | |
| 65 | 73 | 639,000 | - | 3,049 | 1,936 |
6,475 | |
| 66 | 62 | 627,612 | - | 4,700 | 2,685 |
3,846 | |
| 67 | 66 | 585,249 est |
- | 3,500 | 2,520 |
11,430 | |
| 68 | 67 | 575,817 est |
- | 3,400 | 2,200 |
5,000 | |
| 69 | 68 | 575,148 est |
- | 2,933 | 2,200 |
5,800 | |
| 70 | 69 | 562,564 | - | 1,682 | 1,490 |
3,097 | |
| 71 | 70 | 548,222 est |
- | 2,000 | 1,920 |
4,897 | |
| 72 | - | 501,000 | - | 2,895 | 1,408 |
5,356 | |
| 73 | 75 | 470,238 | - | 661 | 1,215 |
2,194 | |
| 74 | 72 | 469,116 est |
- | - | 1,361 |
85,457 | |
| 75 | 76 | 451,500 | - | 2,300 | 1,729 |
2,546 | |
| 76 | 74 | 443,886 est |
- | 2,231 | 1,535 |
- | |
| 77 | 77 | 440,000 est |
- | 143 | - | - | |
| 78 | 78 | 416,700 | - | 1,250 | 613 |
2,054 | |
| 79 | 82 | 407,000 | - | 650 | 720 |
1,450 | |
| 80 | 81 | 393,000 est |
- | - | 450 |
663 | |
| 81 | 80 | 390,930 est |
- | - | 850 |
2,000 | |
| 82 | 83 | 375,273 | - | 1,848 | 1,559 |
2,379 | |
| 83 | 88 | 362,000 | - | 1,955 | 919 |
2,849 | |
| 84 | 86 | 350,000 est |
- | 1,504 | 687 |
1,423 | |
| 85 | - | 345,155 | - | 1,151 | 548 |
3,063 | |
| 86 | 85 | 331,920 est |
- | - | 623 |
962 | |
| 87 | 84 | 327,000 | - | 1,250 | 1,100 |
2,100 | |
| 88 | 87 | 316,265 | - | 1,052 | 550 |
1,800 | |
| 89 | 90 | 306,305 est |
- | - | 1,039 |
3,000 | |
| 90 | - | 301,000 | - | 160 | 1,125 |
50 | |
| 91 | 89 | 285,500 | - | 601 | 910 |
3,700 | |
| 92 | - | 262,431 | - | 931 | 839 |
839 | |
| 93 | 94 | 258,000 est |
- | 1,600 | 650 |
1,050 | |
| 94 | - | 250,000 | 15,000 | 265 | 855 |
239 | |
| 95 | 95 | 239,770 | - | 1,295 | 639 |
864 | |
| 96 | 97 | 225,000 | - | 1,200 | 800 |
1,000 | |
| 97 | 93 | 218,619 | - | 1,022 | 775 |
2,931 | |
| 98 | 98 | 211,000 | - | - | 1,080 |
2,700 | |
| 99 | 96 | 200,125 | -2,303 | 640 | 486 |
1,273 | |
| 100 | 99 | 198,231 | -4,471 | 1,221 | 714 |
1,446 |
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.
* Tractor count includes company-owned, lease-to-own and owner-operator tractors.
#2 FedEx Corp. revenue and net income are for the 12-month period ended Feb. 28, 2025.
#21 Purolator, #44 Mullen Group revenue and income converted to U.S. dollars based on average 2024 exchange rate.
#26 Ruan, #30 OnTrac Inc., #34 Lynden, #36 Bennett Family of Cos., #50 10 Roads Express, #59 Manitoulin Group of Cos., #60 United Road Services, #63 TMC Transportation, #64 Mercer Transportation, #67 FirstFleet, #68 Trimac Transportation, #69 Roehl Transport, #71 Heniff Transportation Systems, #74 ContainerPort Group, #76 USA Truck, #81 Koch Cos., #86 Leonard’s Express, and #89 Western Flyer Express revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
#15 R+L Carriers, #24 Southeastern Freight Lines, #27 Central Transport, #28 CRST, #33 Crete Carrier, #38 Western Express, #42 C.R. England, #58 Hirschbach Motor Lines, #80 Daylight Transport, and #93 Ward Transport & Logistics revenue estimates are based on data provided by SJ Consulting Group.
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
FedEx Places First Order for Harbinger EV Chassis
FedEx spokeswoman Savannah Haeger said the order represents the first time the shipping company has paired an order in the medium-sized EV chassis space with an investment in the EV truck maker.
November 14, 2025Schneider Launches Fast Track Intermodal Service
Schneider is expanding its intermodal capabilities with Fast Track, a new service promising two-day faster transit and 95% on-time delivery for shippers with time-sensitive freight.
November 13, 2025Appeals Court Revives Yellow’s Suit Against Teamsters
The case began when Yellow sued the union in the weeks leading up to its bankruptcy filing in 2023. The Teamsters had balked at the second phase of a proposed terminal network restructuring.
November 13, 2025Ongoing Uncertainty Hampers Truck Orders in October
Monthly orders data has trended below prior-year results since the start of the year. President Trump’s focus on tariffs has created uncertainty for both OEMs and truck buyers.
November 13, 2025All 14 Victims Identified From UPS Cargo Plane Crash
Victims included three pilots on board when the crash happened during takeoff at UPS Worldport, the company’s global aviation hub located at Muhammad Ali International Airport.
November 13, 2025FedEx Profit Guidance Eases Holiday Season Worries
“What you’re seeing right now clearly is something of a relief rally when people have been pretty negative on the prospects for both FedEx and UPS,” said Ari Rosa, an analyst at Citigroup.
November 12, 2025Forward Air Q3 Revenue Slips as Overhaul Continues
The Tennessee-based ground transportation and logistics services provider posted a net loss of $23.8 million, or negative 52 cents a diluted share, for the three months ending Sept. 30.
November 7, 2025Death Toll From UPS Plane Crash Climbs to 13
The casualties are believed to include Captain Richard Wartenberg, First Officer Lee Truitt and International Relief Officer Captain Dana Diamond, UPS said in a statement.
November 7, 2025Werner Sees CDL, ELP Enforcement Affecting Capacity, Lanes
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.
November 6, 2025Trucking Grows More Confident About Freight Market Upturn
Data provided to Transport Topics shows an acceleration in carrier capacity exits, and observers see a number of macroeconomic dominoes starting to fall into place.
November 6, 2025
