United States Trucking Companies: Industry Insights and Growth

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The United States trucking industry is a massive sector, with over 3.5 million trucking companies operating in the country. These companies employ over 7 million people, making it one of the largest employment sectors in the US.

The trucking industry is a vital part of the US economy, with trucking companies transporting over 70% of the country's goods. This is a staggering number, considering the importance of trucking in keeping stores stocked and goods moving.

Many of these trucking companies are small to medium-sized businesses, with over 90% of them having fewer than 100 employees. This diversity is a key characteristic of the US trucking industry, with a mix of large and small companies operating in the sector.

Despite its size and importance, the trucking industry faces significant challenges, including rising fuel costs and increasing regulatory requirements.

United States Trucking Companies

The top trucking companies in North America are designated by industry experts and analysts, not by the companies themselves. These experts consider factors such as in-depth research, customer surveys, financial and operational records, and other forms of data.

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Some of the top trucking companies in North America include CSA Transportation, Atlas World Group, and Marten Transport LTD. These companies have been recognized for their reliability, safety, and commitment to customer satisfaction.

The largest trucking companies in North America have a few common characteristics, including a focus on specialized services, such as LTL freight or shipping from the US to Canada, and a commitment to innovation and efficiency. They also tend to have a strong brand presence and a loyal customer base.

Here are some of the top trucking companies in North America, grouped by their areas of specialization:

UPS

UPS Freight is a subsidiary of the UPS empire known for its impeccable reliability and expansive network.

One of the standout benefits for truckers is their well-maintained fleet and emphasis on safety.

UPS Freight provides great job security and excellent benefits, including health insurance, retirement plans, and more.

Their extensive network provides an opportunity for varied routes, making it an excellent choice for drivers who dislike monotony.

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Credit: pexels.com, Peaceful morning highway scene with a truck driving surrounded by misty trees.

The company's focus on safety and driver well-being is a major draw for truckers seeking stable employment.

FedEx Freight, another top contender, offers team driving opportunities, but UPS Freight's varied routes are a unique perk.

UPS Freight's emphasis on safety and job security makes it a great choice for truckers looking for a stable career.

Top Companies in North America

The top companies in North America are truly impressive. J.B. Hunt is one of the largest transportation logistics companies in North America, with an estimated 12,000 tractors and over 100,000 containers/trailers.

FedEx Freight is a segment of FedEx Corp., specializing in less-than-truckload (LTL) shipments. They stand out for their innovative use of technology to streamline deliveries, including top-of-the-line tracking and fleet management systems.

UPS Freight is a subsidiary of the UPS empire known for its impeccable reliability and expansive network. They offer full-truckload and less-than-truckload shipping services across North America.

Knight-Swift is a leading trucking company that offers full-truckload motor shipping services. They're known for their modern fleet and use of technology to support drivers.

Take a look at this: Moving Companies to Alaska

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Old Dominion Freight Line is among the most respected names in the less-than-truckload (LTL) industry. They have a well-maintained fleet and offer extensive training programs.

Here are some of the top companies in North America, listed in no particular order:

  1. J.B. Hunt
  2. FedEx Freight
  3. UPS Freight
  4. Knight-Swift
  5. Old Dominion Freight Line

These companies have made a name for themselves in the industry by providing excellent services and focusing on the needs of their drivers. J.B. Hunt, for example, offers a driver-focused approach that emphasizes career growth and well-rounded benefit packages.

Knight-Swift Posts Q1 Profit as LTL Revenue Soars, showing that even in a competitive market, these companies can thrive.

Industry trends in the United States trucking companies reflect growth and acquisitions, with top for-hire carriers growing revenues across segments in 2022.

Publications like Logistics Management, Transport Topics, and Inbound Logistics compile their lists of the top truck companies using in-depth research and data collection.

The top 10 truck companies to consider are: CSA Transportation, Atlas World Group, Marten Transport LTD, Hub Group, U.S. Express Enterprises, ArcBest, Wilson Logistics, Hirshbach Motor Lines, Motor Carrier Service LLC, and Halvor Lines, LLC.

These companies have been designated as top trucking companies by industry experts and analysts, and are known for their financial and operational records.

North America's largest trucking companies continued growth in 2022 despite a weaker freight environment, showing resilience in the industry.

May

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May Trucking is a company that's been around for decades, and they're known for their reliability and service. They offer a range of driving roles, from over-the-road (OTR) to regional hauls.

Their commitment to safety and driver satisfaction is impressive, with a focus on keeping their fleet comfortable and well-maintained. This attention to detail is a big reason why drivers choose May Trucking.

Unfortunately, the entire trucking industry has been hit hard by freight market weakness and declining truckload volumes. This is partly due to tariffs imposed by the Trump administration, which have had a significant impact on the industry.

As a result, companies like TFI International have seen their profits take a hit, with a 39.6% decline in the first quarter of 2025.

Industry Sector Rankings Reflect Growth

Industry sector rankings have been a key indicator of growth in the trucking industry. Top for-hire carriers grew revenues across segments in 2022, despite a softer freight market.

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Mergers and acquisitions have altered the business landscape, but top for-hire carriers have managed to stay ahead of the curve. North America's largest trucking companies continued growth in 2022, showing that even in a weaker freight environment, there is still room for expansion.

To give you a better idea of the top trucking companies, here are some of the key characteristics of successful trucking companies:

  • Growing their business sustainably
  • Meeting the standards of the Federal Motor Carrier Safety Administration
  • Ensuring all trucks and assets are properly insured
  • Upholding a strict maintenance schedule for all machinery and vehicles
  • Hiring, training, and retaining qualified, service-oriented drivers
  • Marketing their services successfully to obtain new clients
  • Consistently analyzing and tracking all expenses to maximize profitability

These companies are the backbone of the industry, and their success is a testament to the hard work and dedication of their employees. By following these characteristics, even smaller trucking companies can strive to achieve long-lasting success in the transportation industry.

Why Choose CSA?

CSA Transportation is a top choice for companies seeking reliable shipping solutions. They have 15 distribution centres across North America, each staffed by regional experts who provide personalized, cost-effective, and innovative shipping solutions.

Their customer service is top-notch, delivering friendly and knowledgeable support without fail. This is backed up by a 99.8% claims-free delivery rate, giving you peace of mind when trusting them with your shipments.

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CSA Transportation has in-depth knowledge of the North American shipping industry, making them a valuable resource for customers. They always go above and beyond to ensure your shipment arrives on time.

Here are some key benefits of choosing CSA Transportation:

  • 100% accountability to you at all times
  • Delivers friendly and knowledgeable customer service without fail
  • Has in-depth knowledge of the North American shipping industry
  • Always goes above and beyond to ensure your shipment arrives on time
  • Has a 99.8% claims-free delivery rate

Company Performance and News

Knight-Swift Transportation returned to profitability in the first quarter of 2025 due to a significant jump in less-than-truckload revenue.

Ryder System reported a 15.3% increase in profit during the first quarter of 2025, largely driven by higher contract revenue.

Old Dominion Freight Line's profit fell 12.9% in the first quarter of 2025, with executives citing macroeconomic uncertainty as a major concern.

Here are the top 10 largest LTL carriers in the US for 2025:

  1. FedEx Freight
  2. XPO
  3. Old Dominion
  4. J.B. Hunt Transport Services
  5. Estes
  6. YRC Worldwide
  7. R+L Carriers
  8. SAIA
  9. Southeastern Freight Lines
  10. Averitt Express

J.B. Hunt Transport Services reported a slight decline in revenue during the first quarter of 2025, with segment results dragging down top-line numbers.

Covenant

Covenant Transport is a great choice for drivers who prefer to work in pairs, especially on long-haul routes. They emphasize team driving, which can lead to a more enjoyable and less isolating experience on the road.

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Their double-loaded truck strategy ensures timely deliveries and maximized earning potential. This approach can be a significant advantage for drivers looking to earn a steady income.

Safety and ongoing training are also top priorities at Covenant Transport. They're committed to ensuring drivers are well-prepared for the road, which can give families and loved ones peace of mind.

Covenant Transport's focus on team driving and safety is a testament to their dedication to their drivers and the industry as a whole.

Knight-Swift Posts Profit as LTL Revenue Soars

Knight-Swift Transportation is back in the black after a strong first quarter in 2025. Their less-than-truckload revenue soared, contributing to their profit.

This is a great sign for the company, and it's not the only one experiencing growth. FedEx Freight, the largest LTL carrier in the US, is also doing well. The top 10 largest LTL carriers in the US include FedEx Freight, XPO, and Old Dominion, among others.

Credit: youtube.com, Kevin Knight Interview on the Future of Knight Transportation and Swift Transportation Companies

Knight-Swift's success can be attributed to their modern fleet and use of technology to support drivers. They offer multiple driving routes, including regional, OTR (Over-The-Road), and intermodal, providing various opportunities for drivers looking for flexibility in their job roles.

Here are the top 10 largest LTL carriers in the US, according to the latest rankings:

  1. FedEx Freight
  2. XPO
  3. Old Dominion
  4. J.B. Hunt Transport Services
  5. Estes
  6. YRC Worldwide
  7. R+L Carriers
  8. SAIA
  9. Southeastern Freight Lines
  10. Averitt Express

Ryder System, another company in the industry, also reported a profit increase in the first quarter of 2025. Their profit rose 15.3% due to higher contract revenue, outweighing weakness in rental and used vehicle sales.

TFI Profit Falls on Tariff Pain

Profit at TFI International fell 39.6% in the first quarter of 2025 due to continued freight market weakness and an industrywide decline in truckload volumes due to Trump administration tariffs.

The company's results were heavily influenced by the freight recession and uncertainty caused by the Trump administration's tariff regime.

Tariffs on Chinese imports threatened to disrupt Southern California's trade and logistics economy, a sector that moves a third of the nation's container cargo.

The industrywide decline in truckload volumes was a significant contributor to TFI's poor performance.

President Donald Trump's tariffs on Chinese imports had far-reaching consequences for logistics companies like TFI International.

Safety and Regulations

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Trucking companies have been working to maximize profits by cutting pay, leading to drivers working long hours to make up for unpaid non-driving work, such as submitting to rig inspections and taking federally-mandated rest times.

Fatigue is a major safety concern, with at least 1 in 8 trucking crashes caused by tired drivers. Many drivers contribute to crashes by violating hours of service rules and safety regulations.

The trucking industry is heavily regulated, but new technology can help simplify compliance. Fleets are turning to tech to better manage regulatory requirements.

Here are some key safety and regulatory facts:

  • At least 1 in 8 trucking crashes are directly caused by fatigue.
  • More than 1 in 4 big rig fatalities occurred when the trucker was hauling for more than 17 hours.
  • Trucking companies pay drivers nothing for non-driving work, such as submitting to rig inspections and taking federally-mandated rest times.

Truck Parking Shortage

The truck parking shortage is a top industry concern that has been around for years. Suitable parking spaces remain elusive for many truckers.

Truck parking is a critical issue for safety, as drivers often have to park on the side of the road or in unauthorized areas. Industry stakeholders are working to address this problem.

A lack of parking spaces can lead to driver fatigue, which is a major contributor to accidents on the road.

Fleets Turn to Tech for Compliance

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

Fleets are turning to technology to better manage regulatory compliance, making their jobs easier and less stressful.

The trucking industry is plagued by complex regulations, but technology is helping to simplify them.

By leveraging technology, fleets can automate many of the tasks associated with regulatory compliance, freeing up their staff to focus on more important things.

New technology is making it easier for fleets to stay on top of regulatory requirements, reducing the risk of fines and penalties.

Accidents Are a Public Safety Issue

Accidents are a public safety issue, plain and simple. In 2017, there were over 150,000 large truck collisions, with 1 in 2 causing an injury.

Commercial vehicles make up only 5% of vehicles on the road, but are responsible for 11% of the nation's traffic fatalities. This is a staggering statistic that highlights the severity of the problem.

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Truck accidents can cause some of the most catastrophic injuries, including burn injuries, orthopedic injuries, post-traumatic stress disorder, traumatic brain injuries, spinal cord injuries, and blunt force trauma.

Fatigue is a major contributor to truck accidents, with at least 1 in 8 crashes directly caused by tired drivers. This is often due to drivers being encouraged to haul for long periods of time to maximize pay, despite being paid nothing for non-driving work like submitting to rig inspections and taking federally-mandated rest times.

Here are some examples of the types of injuries that can occur in truck accidents:

  • Burn injury
  • Orthopedic injuries
  • Post-traumatic stress disorder
  • Traumatic brain injuries
  • Spinal cord injuries
  • Blunt force trauma

These injuries can have long-lasting effects on the lives of those involved, and it's essential that we prioritize road safety to prevent them from happening in the first place.

Lists and Rankings

Lists and Rankings are a great way to gauge the performance and size of United States trucking companies. Industry Sector Rankings Reflect Growth, Acquisitions, showing that top for-hire carriers grew revenues across segments in 2022.

Credit: youtube.com, Top 10 Trucking Companies in the USA 2024 | Revenue & Net Income Revealed!

Transport Topics' Top 100 For-Hire Carriers List is a well-established ranking that selects companies based on various criteria. To be included on this list, companies must meet certain standards, but the exact methodology is not publicly disclosed.

The largest trucking companies in the US, as ranked by fleet size, include FedEx Corp, UPS Inc, and Knight-Swift Transportation Holdings, among others. Here are the top 10 largest trucking companies by fleet size:

Largest

Lists and rankings are a great way to understand the size and scope of an industry. The largest trucking companies in the US, for example, are selected for Transport Topics' Top 100 largest for-hire carriers list.

These companies are selected based on their fleet size, but it's also important to consider other factors like annual revenue, net income, and the number of employees. The largest trucking companies by number of trucks are different from those by annual revenue or net income.

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The top 10 largest trucking companies in the US are: FedEx Corp, UPS Inc., Knight-Swift Transportation Holdings, YRC Worldwide, Schneider, J.B. Hunt Transport Services Inc., Old Dominion Freight Line Inc., XPO Logistics, Estes Express Lines, and TFI International.

If you're looking for the largest LTL carriers in the US, the top 10 are: FedEx Freight, XPO, Old Dominion, J.B. Hunt Transport Services, Estes, YRC Worldwide, R+L Carriers, SAIA, Southeastern Freight Lines, and Averitt Express.

The largest trucking companies in the US can significantly impact the safety of American roads, with over 1.5 million drivers employed in the industry.

Here's a comparison of the top 10 trucking companies in the US and the top 10 LTL carriers:

These lists can be useful for potential customers to research and compare different trucking companies and LTL carriers before making a decision.

Analytics for Tire Management

Analytics for Tire Management is a game-changer for trucking companies. By using a data-driven approach, they can identify hidden gains in tire management.

The data-driven approach has found its way into one of the more underappreciated aspects of trucking literally where the rubber meets the road: tires. This approach is particularly useful for trucking companies, as it allows them to optimize their tire management and reduce costs.

Frequently Asked Questions

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Clara Donnelly

Writer

Clara Donnelly is a versatile writer with a passion for crafting engaging content across various industries. With a keen eye for detail and a knack for storytelling, she brings complex topics to life through her writing. Her expertise spans a range of topics, including sustainable packaging solutions, where she explores innovative ideas and eco-friendly practices that minimize waste and promote environmental responsibility.

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