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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 36,000
est
21 Portage Transport 35,000
22 Artur Express 27,271
23 Cowan Systems 27,124
24 Beemac Trucking 15,000
25 TWT Refrigerated 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

Business, Logistics, For-Hire, Global Freight, Top 100

Schneider Reports Revenue and Earnings Growth in Q1

Schneider reported year-over-year increases in revenue and earnings during the first quarter of 2025, the company reported May 1.

May 1, 2025
Business, Logistics, For-Hire, Top 100

Werner Reports Q1 Revenue of $712M Despite Headwinds

Werner Enterprises reported first-quarter results were below expectations due to insurance costs, weather and customer activity, the carrier reported April 29.

April 30, 2025
Business, For-Hire, Global Freight, Top 100

XPO Increases Earnings Off Lower Revenue for Q1

XPO Inc. increased earnings 3% despite a year-over-year decline in revenue during the first quarter of 2025, the company reported April 30.

April 30, 2025
Business, Logistics, For-Hire

ArcBest Reports Q1 Revenue Slips Just Below $1 Billion

ArcBest posted a drop in revenue but saw bottom-line results swing from a year-ago loss to a profit during the first quarter of 2025, the company reported April 29.

April 29, 2025
Government, Business, Logistics, For-Hire, Private, Global Freight

UPS Plans 20,000 Job Cuts This Year in Pullback From Amazon

UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.

April 29, 2025
Business, Technology, Logistics, For-Hire, Global Freight, Top 100

UPS in Talks With Startup Figure AI to Use Humanoid Robots

UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network, according to people familiar with the matter.

April 28, 2025
Business, For-Hire, Top 100

Saia Grows Q1 Revenue by About 4% but Misses Expectations

Saia Inc. weathered market headwinds to post a revenue increase of more than 4% during the first quarter of 2025, the company reported April 25.

April 28, 2025
Business, Logistics, For-Hire, Global Freight, Top 100

Knight-Swift Posts Q1 Profit as LTL Revenue Soars

Knight-Swift Transportation returned to the black in the first quarter of 2025 on the back of a jump in less-than-truckload revenue.

April 24, 2025
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Rises 15.3% on Higher Contract Revenue

Profit at Ryder System rose in the first quarter of 2025 as higher contract revenue outweighed ongoing weakness in the rental and used vehicle sales businesses.

April 24, 2025
Business, Logistics, For-Hire, Global Freight, Top 100

TFI Q1 Profit Falls on Freight Weakness, TL Tariff Pain

Profit at TFI International fell 39.6% in Q1 2025 because of continued freight market weakness and an industrywide decline in truckload volume due to Trump administration tariffs.

April 24, 2025

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