The Top 10 Largest Trucking Companies of 2023 By Revenue

Top Performers

In the list of top 100 for-hire trucking companies for the year 2023, UPS Inc. holds the top position with a staggering revenue of $100.3 billion, followed by FedEx Corp. with revenue at $92.61 billion. However, FedEx surpasses UPS in terms of employees, counting 547,000 compared to UPS's 536,000.

Earnings and Growth

Regarding net income, Old Dominion Freight Line takes the third position with a net income of $1.37 billion, closely following UPS and FedEx. Among the top ten companies, TFI International showed significant growth, jumping from the fifth to fourth position. On the other hand, XPO dropped two spots from third to fifth position compared to the previous year.

New Entries and Dropouts

While UPS, FedEx, J.B. Hunt, TFI International, and XPO retained their positions within the top five, there were notable changes in the bottom half of the list. Several companies, such as ITS Logistics, RoadOne IntermodaLogistics, and National Carriers, joined the top 100 list, whereas some dropped out of the list.

Source: Transport Topics

The 100 List:

1. UPS Inc.
2. FedEx Corp.
3. J.B. Hunt Transport Services
4. TFI International
5. XPO
6. Landstar System
7. Knight-Swift Transportation Holdings
8. Schneider
9. Ryder Supply Chain Solutions
10. Old Dominion Freight Line
11. Hub Group
12. ArcBest
13. Yellow Corp.
14. Estes Express Lines
15. Penske Logistics
16. NFI
17. Werner Enterprises
18. R+L Carriers
19. Prime Inc.
20. Purolator
21. Saia Inc.
22. Kenan Advantage Group
23. Evans Delivery
24. U.S. Xpress Enterprises
25. Universal Logistics Holdings
26. CRST The Transportation Solution
27. Forward Air
28. C.R. England
29. Averitt Express
30. Anderson Trucking Service
31. Daseke Inc.
32. Southeastern Freight Lines
33. PS Logistics
34. Ruan
35. OnTrac Inc.
36. UniGroup
37. Mullen Group
38. Crete Carrier Corp.
39. Day & Ross
40. IMC Cos.
41. Lynden
42. Marten Transport
43. Bennett International Group
44. Central Transport International
45. Hirschbach Motor Lines
46. Covenant Logistics Group
47. ITS Logistics
48. KLLM Transport Services
49. Bison Transport
50. Western Express
51. Cardinal Logistics
52. AAA Cooper Transportation
53. Atlas World Group
54. R&R Express
55. 10 Roads Express
56. Dayton Freight Lines
57. Quality Carriers
58. Heartland Express
59. Fastfrate Group
60. Pitt Ohio Transportation Group
61. P.A.M. Transport
62. Stevens Transport
63. USA Truck (DB Schenker)
64. United Road Services
65. Canada Cartage System
66. A. Duie Pyle Inc.
67. RoadOne IntermodaLogistics
68. Cowan Systems
69. Quantix Supply Chain Solutions
70. Mercer Transportation Co.
71. Trimac Transportation
72. Mesilla Valley Transportation
73. Roehl Transport
74. Heniff Transportation Systems
75. Jack Cooper Holdings
76. TMC Transportation
77. Two Men and a Truck Movers
78. ContainerPort Group
79. Maverick USA
80. Beemac Trucking
81. Dependable Supply Chain Services
82. Melton Truck Lines
83. Foodliner/Quest Liner
84. Koch Cos.
85. PGT Trucking
86. Dupré Logistics
87. Daylight Transport
88. Roadrunner Freight
89. Dart Transit Co.
90. Red Classic
91. Leonard's Express
92. Trans-System Inc.
93. Artur Express
94. Oak Harbor Freight Lines
95. Western Flyer Express
96. New Legend Inc.
97. Transervice Logistics
98. Paper Transport
99. Paschall Truck Lines
100. National Carriers