North America’s largest trucking companies continued growth in 2022 despite a weaker freight environment
Recruiting the truckers of tomorrow is a top priority for trucking companies preparing for years to come
Find out where the Top 100 For-Hire carriers are located by region; click links to view details about the company
| Rank This Year | Rank Last Year | Company | Revenue (000) | Net Income (000) | Employees | Tractors* | Trailers |
|---|---|---|---|---|---|---|---|
| 95 | 89 | 333,000 est |
- | 1,150 | 4,000 | ||
| 48 | 48 | 1,142,000 | - | 3,500 | 5,900 | ||
| 18 | 19 | 2,864,000 est |
- | 6,774 | 19,709 | ||
| 35 | 27 | 1,662,000 est |
- | ||||
| 71 | 67 | 626,000 est |
- | 1,681 | 3,250 | ||
| 87 | 80 | 389,000 est |
- | ||||
| 88 | 79 | 386,000 est |
- | ||||
| 89 | 81 | 377,600 est |
- | 2,051 | 7,140 | ||
| 74 | 68 | 596,000 est |
- | 1,806 | 5,066 | ||
| 44 | 40 | 1,236,000 est |
- | 2,953 | 11,877 | ||
| 76 | 75 | 566,000 est |
- | 3,098 | 4,252 | ||
| 80 | 91 | 452,201 | - | 260 | 550 | 650 | |
| 70 | 65 | 635,000 | - | 266 | 2,093 | 2,093 | |
| 78 | 93 | 510,000 | - | 450 | 1,500 | ||
| 93 | 96 | 340,886 | - | 509 | 757 | 3,400 | |
| 100 | 253,300 | - | 588 | 653 | 1,250 | ||
| 85 | 98 | 404,080 | 18,789 | 596 | 1,096 | 1,719 | |
| 23 | 22 | 2,425,000 est |
- | 650 | 9,000 | 3,000 | |
| 54 | 61 | 1,014,000 | - | 746 | 1,016 | 1,626 | |
| 36 | 33 | 1,600,000 | - | 795 | 150 | 5,237 | |
| 53 | 46 | 1,064,200 | 13,400 | 840 | 1,638 | 3,562 | |
| 91 | 88 | 360,848 | 3,583 | 930 | 616 | 1,089 | |
| 47 | 1,210,000 | 202,900 | 1,027 | 160 | 1,976 | ||
| 92 | 90 | 356,000 | - | 1,170 | 995 | 1,920 | |
| 43 | 42 | 1,251,872 | - | 1,175 | 3,337 | 2,911 | |
| 97 | 95 | 316,800 | - | 1,200 | 1,897 | 5,487 | |
| 90 | 82 | 365,000 est |
- | 1,206 | 649 | 3,500 | |
| 84 | 85 | 425,000 est |
- | 1,213 | 983 | 5,689 | |
| 86 | 84 | 393,000 | - | 1,225 | 675 | 1,400 | |
| 98 | 100 | 301,328 | - | 1,260 | 900 | 3,200 | |
| 96 | 92 | 328,129 | - | 1,300 | 1,200 | 4,600 | |
| 6 | 6 | 7,437,000 | 430,914 | 1,449 | 11,281 | 18,593 | |
| 81 | 83 | 439,000 | - | 1,485 | 576 | 1,147 | |
| 99 | 97 | 265,000 est |
- | 1,545 | 1,170 | 3,500 | |
| 57 | 51 | 984,000 est |
- | 1,600 | 2,600 | 7,500 | |
| 83 | 76 | 437,035 | - | 1,684 | 1,621 | 3,125 | |
| 82 | 86 | 438,305 | - | 1,698 | 1,456 | 2,281 | |
| 94 | 94 | 338,000 est |
- | 1,700 | 777 | 2,487 | |
| 64 | 56 | 802,000 est |
- | 1,837 | 1,978 | 2,110 | |
| 75 | 71 | 579,000 | - | 2,000 | 1,286 | 1,284 | |
| 63 | 57 | 853,000 est |
25,000 | 2,069 | 2,157 | 6,548 | |
| 69 | 74 | 715,000 | - | 2,094 | 1,640 | 3,764 | |
| 79 | 79 | 461,256 | - | 2,173 | 1,645 | 2,763 | |
| 30 | 30 | 1,794,300 | - | 2,413 | 2,631 | 6,941 | |
| 41 | 39 | 1,300,000 | - | 2,519 | 1,088 | 3,348 | |
| 68 | 62 | 727,612 | - | 2,527 | 2,569 | 7,426 | |
| 45 | 64 | 1,219,000 | - | 2,624 | 3,152 | 5,250 | |
| 40 | 43 | 1,397,609 | - | 2,797 | 1,890 | 150 | |
| 72 | 73 | 622,328 | - | 2,897 | 1,756 | 6,311 | |
| 73 | 70 | 606,744 | - | 2,933 | 2,166 | 5,820 | |
| 59 | 72 | 950,000 est |
- | 3,000 | 2,702 | 5,019 | |
| 62 | 55 | 910,000 | 184,500 | 3,350 | 2,275 | 3,850 | |
| 61 | 58 | 947,000 | 91,000 | 3,395 | 2,451 | 7,784 | |
| 65 | 59 | 774,000 | - | 3,500 | 2,519 | 3,402 | |
| 33 | 36 | 1,710,000 | - | 3,600 | 3,950 | 6,400 | |
| 67 | 749,767 | - | 3,806 | 2,200 | 1,890 | ||
| 66 | 63 | 768,000 | - | 3,977 | 1,528 | 3,036 | |
| 51 | 44 | 1,102,000 | - | 4,070 | 3,245 | 9,000 | |
| 31 | 31 | 1,773,000 | 50,000 | 4,123 | 4,982 | 10,723 | |
| 27 | 27 | 1,973,000 | 193,000 | 4,155 | 916 | 6,726 | |
| 49 | 53 | 1,109,156 | - | 4,406 | 2,577 | 9,300 | |
| 37 | 52 | 1,536,895 | 121,906 | 4,459 | 2,167 | 6,333 | |
| 42 | 47 | 1,263,878 | 110,354 | 4,575 | 3,660 | 5,753 | |
| 19 | 20 | 2,813,522 | 450,972 | 4,685 | 8,575 | 17,472 | |
| 58 | 66 | 968,000 | 137,000 | 4,710 | 5,946 | 18,551 | |
| 46 | 40 | 1,216,858 | 108,682 | 4,985 | 2,368 | 5,074 | |
| 50 | 45 | 1,107,974 | 145,023 | 5,300 | 3,550 | 9,200 | |
| 60 | 50 | 948,670 | - | 5,315 | 1,611 | 4,131 | |
| 34 | 38 | 1,680,306 | - | 5,500 | 3,792 | 10,566 | |
| 52 | 54 | 1,069,554 | 142,500 | 5,500 | 3,261 | 8,200 | |
| 55 | 49 | 1,012,000 | - | 5,583 | 3,300 | 3,900 | |
| 56 | 60 | 1,004,000 | - | 5,838 | 2,261 | 5,223 | |
| 11 | 13 | 5,340,000 | 357,000 | 5,900 | 3,050 | 4,600 | |
| 26 | 25 | 2,000,000 | - | 6,224 | 4,788 | ||
| 38 | 37 | 1,525,000 est |
- | 6,500 | 5,000 | 13,000 | |
| 28 | 29 | 1,837,665 | - | 6,500 | 3,996 | 5,544 | |
| 32 | 35 | 1,741,123 | - | 8,694 | 3,075 | 8,440 | |
| 39 | 34 | 1,510,000 | - | 8,964 | 3,289 | 9,854 | |
| 29 | 32 | 1,834,641 | - | 9,309 | 5,255 | 15,774 | |
| 24 | 23 | 2,161,000 | -42,000 | 9,397 | 7,200 | 14,400 | |
| 22 | 24 | 2,480,512 | - | 10,000 | 7,320 | 12,700 | |
| 25 | 26 | 2,015,456 | - | 10,000 | 4,260 | 3,945 | |
| 77 | 69 | 525,000 est |
- | 11,396 | |||
| 21 | 21 | 2,792,057 | 357,422 | 12,300 | 6,200 | 20,800 | |
| 20 | 18 | 2,800,000 | 338,000 | 13,222 | 529 | 1,070 | |
| 17 | 17 | 3,289,978 | 241,256 | 14,300 | 8,639 | 27,650 | |
| 12 | 14 | 5,324,052 | 298,209 | 15,000 | 4,457 | 23,968 | |
| 16 | 16 | 3,900,000 | - | 16,800 | 5,000 | 14,300 | |
| 8 | 8 | 6,604,400 | 457,800 | 17,050 | 10,200 | 44,120 | |
| 15 | 15 | 4,400,000 | - | 20,743 | 8,242 | 22,375 | |
| 14 | 12 | 5,150,000 | - | 22,111 | 9,694 | 37,032 | |
| 10 | 9 | 6,260,077 | 1,377,159 | 24,027 | 11,274 | 45,567 | |
| 4 | 5 | 8,813,000 | 823,000 | 25,836 | 18,347 | 38,091 | |
| 7 | 7 | 7,429,000 | 771,000 | 27,900 | 21,899 | 83,210 | |
| 13 | 10 | 5,245,000 | 22,000 | 30,000 | 12,700 | 42,000 | |
| 3 | 4 | 14,814,000 | 969,351 | 37,000 | 20,215 | 43,040 | |
| 5 | 3 | 7,718,000 | 666,000 | 38,000 | 8,200 | 27,000 | |
| 9 | 11 | 6,506,000 | 288,000 | 48,000 | 69,400 | 41,500 | |
| 1 | 1 | 100,300,000 | 11,500,000 | 536,000 | 16,440 | 85,024 | |
| 2 | 2 | 92,619,000 | 2,992,000 | 547,000 | 38,749 | 141,902 |
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 e-mail 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 is for the 12-month period ended Feb. 28, 2023.
#7 Knight-Swift data does not reflect its planned acquisition of U.S. Xpress Enterprises, which the companies expected to close late in the second quarter or early in the third quarter.
#24 U.S. Xpress: In March, Knight-Swift announced plans to acquire U.S. Xpress Enterprises but the acquisition had not closed at press time.
#37 Mullen Group: Revenue and income converted to U.S. dollars from Canadian dollars based on average 2022 exchange rate.
#59 Fastfrate Group 2022 revenue and equipment counts are estimated by TT based on multiple data sources.
#77 Two Men and a Truck Movers revenue is for 2019.
#89 Dart Transit Co. revenue is estimated by SJ Consulting Group for 2020.
#90 Red Classic revenue is for 2021.
#99 Paschall Truck Lines revenue is for 2021.
#18 R+ L Carriers, #23 Evans Delivery, #35 OnTrac Inc., #38 Crete Carrier Corp., #44 Central Transport International, #57 Quality Carriers, #63 USA Truck, #64 United Road Services, #71 Trimac Transportation, #74 Heniff Transportation Systems, #76 TMC Transportation, #84 Koch Cos., #87 Daylight Transport, #88 Roadrunner Freight, #94 Oak Harbor Freight Lines, #95 Western Flyer Express revenue is estimated by SJ Consulting Group.
A top industry concern for years, suitable parking spaces remain elusive for many truckers
On the Bubble
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While mergers and acquisitions alter the business landscape, top for-hire carriers grew revenues across segments in 2022
Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list
Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.
Yellow Looks to Finalize Bankruptcy Loan
Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.
Forward Air Plans Merger With Omni Logistics
Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.
Trucking Industry Reports Predictably Weak Q2
The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.
Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
August 9, 2023Searches for UPS Jobs Soar Following Union Deal
UPS Inc. has become a hot employer since its union last month secured $30 billion in new money over a five-year contract.
UPS Lost More Business Than Expected on Strike Threat
Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.
Yellow Files for Chapter 11 Bankruptcy
Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.
XPO Reports Q2 Income, Revenue Decline
XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.
Yellow Closure Reshuffles LTL Sector
Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
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