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2024 Top Mail Carriers

2024 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

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.

Rankings

Rank Company Revenue (000)
1 FedEx Corp. 1,600,744
2 10 Roads Express 962,180
est
3 UPS Inc. 339,870
4 Evo Transportation & Energy Services 236,363
5 Southern Mail Service 175,352
6 Traffix USA 150,527
7 Midwest Transport 145,423
8 Alan Ritchey Inc. 144,145
9 McCormick Trucking 115,874
10 AJR Trucking 114,237
11 Mail Management Services 105,320
12 Davenport Transportation 102,368
13 Bancroft and Sons Transportation 95,799
14 Davis Mail Services 65,597
15 B&B Trucking 65,422
16 XPO 59,608
17 Covenant Logistics Group 48,458
18 United Express Service 46,124
19 Sodrel Truck Lines 44,758
20 STK Transportation 41,984
21 Freedom Trans USA 40,839
22 Hartwig Transit 37,937
23 DDA Transport 34,784
24 Beco Inc. 33,706
25 Postal Delivery Systems 31,381
26 W&L Mail Service 30,347
27 Maxway 30,336

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

BusinessFor-HireGlobal Freight

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, 2025
BusinessLogisticsFor-HireTop 100

Werner 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, 2025
BusinessLogisticsFor-Hire

Landstar 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, 2025
BusinessLogisticsFor-HireTop 100

Schneider 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, 2025
BusinessLogisticsFor-HireTop 100

ODFL 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, 2025
BusinessLogisticsFor-HirePrivateGlobal Freight

UPS 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, 2025
BusinessLogisticsFor-Hire

Shippers 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, 2025
BusinessEquipmentLogisticsFor-Hire

Ryder 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, 2025
GovernmentBusinessEquipmentLogisticsFor-Hire

OEMs 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
BusinessEquipmentLogisticsFor-HireTop 100

DSV Seeks Buyer for USA Truck After DB Schenker Deal

USA Truck’s business model does not fit DSV’s vision for asset-light North American on-road operations, the company said in a report accompanying the most recent quarter’s results.

October 24, 2025

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