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UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.

From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.

For-hire carriers across segments saw revenues slide and margins tighten in 2023, but some industry sectors fared better than others.

Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America. 

Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.

Over-the-road carriers waiting for an upturn in the freight cycle must make the most efficient use of their trucks’ space to best ride out ongoing market weakness, according to CSCMP.

The largest for-hire carriers have persevered through a down market with care for their customers and close attention to controlling costs.

Werner Enterprises CEO Derek Leathers said patterns emerging in the cargo marketplace point to a long-awaited adjustment that could help lift trucking out of its persistent freight recession.

FedEx Corp. plans to cut as many as 2,000 jobs in Europe, the latest move by the package delivery giant to streamline its global workforce and rein in costs.