2023 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
Up Front

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

Rankings
Rank Company Revenue (000)
1 Kenan Advantage Group 2,480,512
2 Quality Carriers 850,000
est
3 Trimac Transportation Services 600,000
est
4 Heniff Transportation Systems 562,000
est
5 Foodliner/Quest Liner 437,035
6 Quantix Supply Chain Solutions 275,100
est
7 Groendyke Transport 273,125
est
8 Evans Delivery 140,000
est
9 Cliff Viessman Inc. 127,513
10 Andrews Logistics 117,120
11 Martin Transport Inc. 111,600
est
12 Prime Inc. 104,369
13 Apex Logistics 81,800
est
14 Dupré Logistics 72,989
15 Liquid Trucking Cos. 66,065
16 J&M Tank Lines 64,241
est
17 Cardinal Logistics 57,000
18 NFI 46,400
19 Wynne Transport Services 29,700
est
20 Canada Cartage System 28,000
est
21 Bulk Service Transport 27,000
22 PGT Trucking 19,036
Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, Ore.

The numerous, complex regulations faced by the trucking industry can be made simpler using new technology

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

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

For-Hire News
Business, Equipment, For-Hire

Court Approves Yellow Administrators’ Auction Plans

A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.

Keiron Greenhalgh | Staff Reporter
October 30, 2023
Business, Technology, For-Hire

XPO Reports Revenue Increase Despite Tough Conditions

XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.

Connor D. Wolf | Staff Reporter
October 30, 2023
Business, Logistics, For-Hire

Universal Reports Revenue Decline Amid Q3 Headwinds

Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.

Connor D. Wolf | Staff Reporter
October 27, 2023
Business, Logistics, For-Hire

Ryder Reports Slight Revenue Decline for Q3

Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.

Connor D. Wolf | Staff Reporter
October 26, 2023
Business, Technology, Safety, For-Hire

Estes Express IT System Fully Restored, COO Says

Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.

Keiron Greenhalgh | Staff Reporter
October 26, 2023
Business, For-Hire

UPS Reports Lower Earnings on Labor Deal Costs

UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.

Thomas Black | Bloomberg News
October 26, 2023
Business, Logistics, For-Hire

TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market

TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.

Keiron Greenhalgh | Staff Reporter
October 24, 2023
Logistics, For-Hire

Ryder to Buy Impact Fulfillment Services

Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.

Keiron Greenhalgh | Staff Reporter
October 24, 2023
Business, Technology, Equipment, Safety, For-Hire

Fleets Learn to Utilize In-Cab Technology

Some fleet operators are finding the right balance between software use and customization to map better routes, save money and simplify a wide array of functions.

Dan Calabrese | Special to Transport Topics
October 23, 2023
Business, For-Hire

Roadrunner Offers Free LTL Delivery on Late Shipments

Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.

Keiron Greenhalgh | Staff Reporter
October 23, 2023
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