Up Front
Soft market conditions in 2023 placed financial strain on many of the largest trucking companies in North America.
Trucking companies have been surviving on lower rates while awaiting a freight market recovery.
Find out where the Top 100 For-Hire carriers are located by region; click links to view details about the company.
Extras
The regional LTL carrier has adapted and expanded through a full century of economic cycles and industry changes.
The trucking industry remains mired in sustained overcapacity relative to freight demand even as it has slowly shed workers.
After being displaced by war in his native Sudan, Lual Akoon’s path took him to Middle America – and trucking.
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For-hire carriers across segments saw revenues slide and margins tighten, but some fared better than others.
Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list.
For-Hire News
XPO Reports Q3 Revenue Jumps to $2 Billion
The Greenwich, Conn.-based LTL carrier reported net income of $82 million for the three months ending Sept. 30. That compared with $95 million the previous year.
October 31, 2025Werner Posts Q3 Revenue Gain Despite Cost-Driven Losses
Werner Enterprises saw its third-quarter bottom line swing from a year-ago profit to a loss as one-time expenses took a toll on its three-month results.
October 31, 2025Landstar Profit Falls by More Than Half on Review Write-Downs
“We are working toward a late 2025 or early 2026 sale of Landstar Metro and have thus far experienced a good deal of interest in that company,” CEO Frank Lonegro.
October 31, 2025Schneider Reports Revenue Growth, Profit Dip in Tough Market
Schneider experienced revenue growth in the third quarter from the previous year even as a slowing market and claims costs dragged down earnings, the company reported Oct. 30.
October 30, 2025ODFL Focuses on Costs to Limit Q3 Profit Hit in Weak Market
The company posted a $271 million profit in Q3 2025, down 12.2% compared with $308.6 million last year. Revenue was $1.41 billion, a 4.3% decrease compared with $1.47 billion.
October 30, 2025UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts
The results suggest CEO Carol Tomé’s revival efforts are gaining traction after UPS struggled with slow demand, high expenses and uncertainty fueled by tariffs.
October 28, 2025Shippers Eye Earlier Bid Cycles to Beat Market’s Turn
Customers are telling J.B. Hunt it has been a shipper’s market for longer than any of them expected, but they expect change in the market soon, said Director of Intermodal Pricing Amy Horn.
October 27, 2025Ryder Q3 Profit, Revenue Hold Steady in Weak Market
Executives told analysts the most recent quarter’s performance boded well for the coming quarters in spite of continued economic uncertainty. Overall, revenue was little changed.
October 26, 2025OEMs Move Forward With Truck Tariffs Ahead
Paccar expects to seize a bigger U.S. heavy-duty truck market share and to be able to increase prices once the Section 232 import tariffs on medium- and heavy-duty trucks and parts go live.
October 24, 2025
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