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2023 Top Refrigerated (Truckload and LTL) Carriers

2023 Essential Financial and Operating Information for the 100 Largest For-Hire Carriers in North America

Up Front

North America’s largest trucking companies continued growth in 2022 despite a weaker freight environment

Recruiting the truckers of tomorrow is a top priority for trucking companies preparing for years to come

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 Prime Inc. 2,456,395
2 KLLM Transport Services 1,142,000
3 Hirschbach Motor Lines 1,137,000
4 Stevens Transport 910,000
5 Swift Refrigerated 755,000
est
6 Marten Transport 500,462
7 C.R. England 286,022
8 Leonard's Express 227,336
9 Cardinal Logistics 204,000
10 PS Logistics 200,000
11 NFI 181,701
12 WEL Cos. 168,763
13 May Trucking Co. 145,000
14 Day & Ross 138,000
15 National Carriers 135,500
16 Erb Group 135,000
est
17 Canada Cartage 105,000
est
18 Bison Transport 94,556
19 Roehl Refrigerated Transport 72,000
est
20 Pacific Shipping & Trucking 36,000
est
21 Portage Transport 35,000
22 Artur Express 27,271
23 Cowan Systems 27,124
24 TWT Refrigerated 15,000
25 Beemac Trucking 15,000
26 AMX Trucking 10,000
27 AFC Transport 9,000

Extras

A top industry concern for years, suitable parking spaces remain elusive for many truckers

102

On the Bubble

Market Express ($249 million), is a truckload carrier and intermodal shipper based in Portland, Ore.

The numerous, complex regulations faced by the trucking industry can be made simpler using new technology

If your company appears on the list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics

While mergers and acquisitions alter the business landscape, top for-hire carriers grew revenues across segments in 2022

Learn more about how companies are selected for Transport Topics' Top 100 largest for-hire carriers list

For-Hire News

BusinessLogisticsFor-HireTop 100

Hub Group Reports Q2 Revenue Decline Amid Tariff Turmoil

Hub Group experienced a decline in revenue as it worked to navigate tariff-driven effects on its business in the second quarter of 2025, the company reported July 31.

August 1, 2025
BusinessLogisticsFor-HireGlobal FreightTop 100

Schneider Reports Revenue and Earnings Growth in Q2

Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.

July 31, 2025
BusinessTechnologyLogisticsFor-HireTop 100

XPO Reports Unchanged Revenue at $2.08 Billion for Q2

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.

July 31, 2025
BusinessTechnologyLogisticsFor-HireTop 100

ODFL Q2 Profit Slides 16.6% as Market Weakness Persists

Profit and revenue at Old Dominion Freight Line fell in the second quarter, but senior executives said clarity is growing on how the ongoing freight recession might start to see an upturn.

July 30, 2025
BusinessTechnologyLogisticsFor-HireTop 100

Soft Freight Weighs on ArcBest, but Tech Boosts Efficiency

ArcBest experienced a year-over-year decline in revenue and earnings amid the continuing soft freight environment during the second quarter of 2025, the company reported July 30.

July 30, 2025
BusinessLogisticsFor-HireTop 100

Werner Q2 Earnings Lifted by Texas Nuclear Verdict Reversal

A pair of favorable financial outcomes tied to legal and business proceedings helped lift Werner Enterprises’ bottom-line results in the second quarter of 2025, the company reported July 29.

July 30, 2025
BusinessEquipmentLogisticsFor-HireTop 100

Roadrunner Adds 100+ Lanes, Continues LTL Network Expansion

Roadrunner’s latest lanes add over 21,000 new miles of coverage across the U.S. and Canada and establish Kansas City as a major new hub, the company said July 24.

July 30, 2025
BusinessLogisticsFor-HireTop 100

TFI Q2 Profit, Revenue Fall Double Digits as Tariffs Bite

“We’re most affected by the [tariff] instability in our industrial truckload base in the U.S.,” TFI CEO Alain Bédard said during a July 28 conference call with investors.

July 29, 2025
GovernmentBusinessLogisticsFor-HireGlobal Freight

UPS Withholds Outlook on Market Upheaval After Mixed Quarter

UPS has struggled to get a handle on volatility in the market, underscoring the challenges for the courier’s effort to reconfigure its network and revitalize its business.

July 29, 2025
BusinessFor-Hire

Hub Group Buys Marten’s Intermodal Unit for $51.8 Million

The deal, which Hub Group expects to more than double the size of its temperature-controlled intermodal fleet, is set to close by the end of the third quarter.

July 28, 2025

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