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2023 Top Air/Expedited Carriers

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 Forward Air 1,151,244
est
2 Covenant Logistics Group 452,713
3 ArcBest 383,620
4 Magnate Worldwide 73,000
est
5 Sameday Worldwide 7,400
est
6 NFI 5,000

Extras

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

101

On the Bubble

CrossCountry Freight Solutions ($250 million), is a truckload and LTL carrier based in Bismarck, N.D.

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

BusinessLogisticsFor-HireGlobal Freight

UPS Outsources Weather Forecasting Operation

The company has also shifted its technology support functions in recent months to third-party tech vendors.

August 27, 2025
BusinessEquipmentLogisticsFor-HireTop 100

Yellow Bankruptcy Estate Moves 3 More Terminals

Three more less-than-truckload service terminals once operated by Yellow are close to finding new owners, including two in Canada, according to a court filing.

August 27, 2025
GovernmentBusinessLogisticsFor-HireGlobal Freight

Mail Services Globally Pause US Deliveries Over Tariffs

As of Aug. 29, President Donald Trump is ending the de minimis exemption that has applied to more than 4 million parcels flowing through the U.S. each day, driven largely by e-commerce.

August 22, 2025
BusinessTechnologyEquipmentSafetyFuelLogisticsFor-Hire

Averitt Express Orders 264 Volvo VNL 860 Trucks

The new units expand a long-running supplier relationship at a scale that signals how big fleets are renewing equipment to strengthen operations and keep experienced drivers in the seats.

August 21, 2025
GovernmentBusinessLogisticsFor-Hire

91ÊÓÆµbuilder Confidence Hits 2022 Low in August

The drop in builder sentiment was concentrated in the Northeast, where the gauge slid to its lowest level in years. Confidence was unchanged in the South and Midwest but edged up in the West.

August 18, 2025
BusinessLogisticsFor-HireTop 100

Roadrunner Eyes LTL Acquisitions After Lane Expansion

After recently expanding its lanes, less-than-truckload carrier Roadrunner is ramping up acquisition plans, the company’s top executive told Transport Topics.

August 11, 2025
BusinessLogisticsFor-HireTop 100

Hub Group Reports Q2 Revenue Decline Amid Tariff Turmoil

Hub Group experienced a decline in revenue as it worked to navigate tariff-driven effects on its business in the second quarter of 2025, the company reported July 31.

August 1, 2025
BusinessLogisticsFor-HireGlobal FreightTop 100

Schneider Reports Revenue and Earnings Growth in Q2

Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.

July 31, 2025
BusinessTechnologyLogisticsFor-HireTop 100

XPO Reports Unchanged Revenue at $2.08 Billion for Q2

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.

July 31, 2025
BusinessTechnologyLogisticsFor-HireTop 100

ODFL Q2 Profit Slides 16.6% as Market Weakness Persists

Profit and revenue at Old Dominion Freight Line fell in the second quarter, but senior executives said clarity is growing on how the ongoing freight recession might start to see an upturn.

July 30, 2025

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