The Top 10 Largest Trucking Companies of 2023 By Revenue

Discover the top 100 for-hire trucking companies in the U.S for 2023. Explore rankings based on revenues, net income, and employee counts.

The Top 10 Largest Trucking Companies of 2023 By Revenue
Rank Company Revenue (000) Net Income (000) Employees Tractors Trailers
1 UPS Inc. 100,300,000 11,500,000 536,000 16,440 85,024
2 FedEx Corp. 92,619,000 2,992,000 547,000 38,749 141,902
3 J.B. Hunt Transport Services 14,814,000 969,351 37,000 20,215 43,040
4 TFI International 8,813,000 823,000 25,836 18,347 38,091
5 XPO 7,718,000 666,000 38,000 8,200 27,000
6 Landstar System 7,437,000 430,914 1,449 11,281 18,593
7 Knight-Swift Transportation Holdings 7,429,000 771,000 27,900 21,899 83,210
8 Schneider 6,604,400 457,800 17,050 10,200 44,120
9 Ryder Supply Chain Solutions 6,506,000 288,000 48,000 69,400 41,500
10 Old Dominion Freight Line 6,260,077 1,377,159 24,027 11,274 45,567

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


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