2025 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America
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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
Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial Delivery
Top Less-Than-Truckload Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Freight | 8,901,000 |
2 | Old Dominion Freight Line | 5,814,810 |
3 | Estes Express Lines | 4,994,000 |
4 | XPO | 4,899,000 |
5 | R+L Carriers | 3,820,000 est |
6 | TFI International | 3,702,935 |
7 | Saia Inc. | 3,209,074 |
8 | ABF Freight | 2,750,134 |
9 | Central Transport | 1,628,000 est |
10 | Southeastern Freight Lines | 1,609,900 est |
11 | AAA Cooper Transportation (Knight-Swift) | 1,235,547 |
12 | Averitt Express | 1,106,246 |
13 | Dayton Freight Lines | 1,024,836 |
14 | Pitt Ohio Transportation Group | 934,526 est |
15 | Manitoulin Transport | 759,516 est |
16 | A. Duie Pyle | 616,000 |
17 | Day & Ross | 570,149 |
18 | Mullen Group | 547,737 |
19 | Roadrunner Freight | 436,000 est |
20 | Daylight Transport | 393,000 est |
21 | Oak Harbor Freight Lines | 362,000 |
22 | Ward Trucking | 258,000 est |
23 | CrossCountry Freight Solutions | 225,000 |
24 | Fastfrate Group | 182,689 |
25 | Magnum LTL | 164,000 est |
26 | Sutton Transport | 115,000 est |
27 | Peninsula Truck Lines | 103,000 est |
28 | Landstar System | 99,828 |
29 | North Park Transportation | 93,342 est |
30 | Anderson Trucking Service | 54,485 |
31 | TGR Logistics | 50,643 est |
32 | Highlight Motor Group | 41,628 est |
33 | TCI Transportation | 39,720 |
34 | Evans Network of Cos. | 38,000 |
35 | Bison Transport | 29,665 |
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.
FedEx Freight revenue is for the 12-month period ended Feb. 28, 2025.
Mullen Group revenue converted to U.S. dollars based on average 2024 exchange rate.
R+L Carriers, Central Transport, Roadrunner Freight, Daylight Transport, Ward Trucking, Magnum LTL, Sutton Transport and Peninsula Truck Lines revenues estimates are based on data provided by SJ Consulting Group.
Southeastern Freight Lines, Pitt Ohio, Manitoulin Transport, North Park Transportation and TGR Logistics revenues are estimated by Transport Topics based on prior-year data and industry revenue trends.
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 Cuts Q1 Guidance Despite Q4 Gains
FedEx reported gains in fourth-quarter revenue and earnings on the heels of a profitability initiative that helped counter market headwinds, but cut its guidance amid trade worries.
June 24, 2025Target Eyes Shein, Temu Model With Factory-Direct Shipping
The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasn’t been announced.
June 24, 2025Fred Smith, FedEx Chairman and Founder, Dies at 80
“It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder and executive chairman, died earlier today,” CEO Raj Subramaniam wrote June 21.
June 22, 202510 Roads Express Reaches Tentative Agreement With Teamsters
A four-month-long strike at Iowa-based contract carrier 10 Roads Express by members of the International Brotherhood of Teamsters has taken a major step toward resolution.
June 20, 2025Interactive Map: Where the 2025 Top 100 For-Hire Carriers Are in North America
Find out where the 2025 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 20, 2025Trucking Leaders Share Best Practices for Hiring Veterans
Many trucking companies actively recruit members of the armed services transitioning to civilian life, but attracting, supporting and retaining military veterans can take extra work.
June 20, 2025Trucking’s Next Generation Brings New Ideas to the Workplace
Young professionals joining the trucking industry are reshaping workplaces by advocating for flexible work environments, prioritizing mental health and acting on their vision of success.
June 20, 2025Trade Uncertainty Clouds Outlook for Top 100 For-Hire Carriers
Transport Topics' 2025 Top 100 For-Hire Carriers list illustrates how weak freight market conditions have continued to squeeze margins for North America's largest motor carriers.
June 20, 2025Trucking Industry Segments Post Mixed Results in 2024
Carriers across the various segments of the trucking industry navigated difficult business conditions in 2024 as freight market conditions remained unfavorable.
June 20, 2025Fleets Grapple With Shifts in Trade, Freight Amid Tariffs
Shifting U.S. trade policies, fluctuating tariffs and the resulting supply chain upheaval have created an uncertain landscape for the trucking industry, in the present and down the road.
June 20, 2025