April 22, 2024 | Page 39

Top 40 Truckload and LTL Carriers
Special Report
Journal of Commerce Top 40 US and Canadian Truckload Carriers
Annual revenue , including fuel surcharges , in millions of US dollars
Rank Carrier 2022 Revenue 2023 Revenue Percentage Change 1 J . B . Hunt Transport Services $ 4,461 $ 4,332 -2.9 % 2 Knight-Swift Transportation * $ 4,531 $ 3,910 -13.7 % 3 Schneider National $ 2,787 $ 2,640 -5.3 % 4 Prime $ 2,605 $ 2,524 -3.1 % 5 Landstar System $ 3,081 $ 2,323 -24.6 % 6 Werner Enterprises $ 2,402 $ 2,282 -5.0 % 7 Penske Logistics $ 2,300 $ 2,200 -4.3 % 8 Ryder Systems $ 1,786 $ 1,785 -0.1 % 9 US Xpress Enterprises * $ 1,825 $ 1,698 -7.0 % 10 CRST International * $ 1,853 $ 1,668 -10.0 % 11 Crete Carrier Corp .* $ 1,525 $ 1,342 -12.0 % 12 Daseke * $ 1,398 $ 1,277 -8.7 % 13 Heartland Express $ 968 $ 1,207 24.7 % 14 NFI Industries $ 1,100 $ 1,100 0.0 % 15 CR England $ 1,209 $ 1,089 -10.0 % 16 Western Express * $ 1,138 $ 1,054 -7.4 % 17 PS Logistics * $ 1,104 $ 1,008 -8.7 % 18 Bennett Motor Express * $ 998 $ 938 -6.0 % 19 Ruan Transportation * $ 985 $ 912 -9.0 % 20 Marten Transport $ 930 $ 874 -6.0 % 21 KLLM * $ 953 $ 867 -9.0 % 22 Cardinal Logistics * $ 821 $ 850 3.5 % 23 Hirschbach Motor Lines $ 735 $ 808 9.9 % 24 Stevens Transport * $ 841 $ 765 -9.0 % 25 10 Roads Express * $ 700 $ 722 3.2 % 26 Covenant Transportation Group $ 752 $ 696 -7.4 % 27 TMC / Annett Holdings * $ 641 $ 676 5.4 % 28 Anderson Trucking Service * $ 750 $ 675 -10.0 % 29 Canada Cartage $ 718 $ 652 -9.2 % 30 Mercer Transportation * $ 680 $ 647 -4.9 % 31 First Fleet * $ 588 $ 609 3.5 % 32 Bison Transport * $ 636 $ 598 -6.0 % 33 Roehl Transport * $ 572 $ 574 0.3 % 34 PAM Transportation $ 669 $ 566 -15.5 % 35 Averitt Express $ 532 $ 503 -5.5 % 36 Mesilla Valley / MVT * $ 430 $ 446 3.7 % 37 USA Truck $ 530 $ 443 -16.5 % 38 PGT Holdings $ 404 $ 415 2.7 % 39 Cowan Systems * $ 413 $ 410 -0.7 % 40 Transforce $ 385 $ 369 -4.2 %
TOTAL TOP 40 TRUCKLOAD CARRIERS
$ 51,736
$ 36,539
-29.4%
Excludes revenues from non-asset services Source : Company reports and * SJ Consulting estimates Prepared by SJ Consulting Group , Inc . © 2024 S & P Global
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