2025 Top Refrigerated (Truckload and LTL) 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 Prime Inc. 2,131,312
2 KLLM Transport Services 1,003,119
3 Stevens Transport 782,880
4 Hirschbach Motor Lines 724,941
est
5 Marten Transport 439,792
6 C.R. England 237,000
est
7 Leonard's Express 209,110
est
8 NFI 182,000
9 Day & Ross 180,410
10 National Carriers 162,685
11 Continental Express 154,500
12 May Trucking Co. 151,000
13 Bay and Bay Transportation 145,000
14 WEL Cos. 128,299
15 Hurricane Express 110,419
16 Pride Transport 110,000
17 Schuster Co. 101,202
est
18 Canada Cartage 99,733
est
19 Raider Express 95,000
20 Roehl Refrigerated Transport 79,370
est
21 Bison Transport 68,965
22 PS Logistics 40,000
23 Portage Transport 32,194
est
24 Pacific Shipping & Trucking 20,400
25 Sorenson Transport 16,873
26 Beemac Trucking 13,798
est
27 Artur Express 11,500
28 TWT Refrigerated 11,000

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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