[Ranking] TOP 25 Trucking / Transportation Companies Q3/2023
Intro
The trucking industry plays a vital role in the transportation sector, serving as the backbone of global trade and commerce. It is responsible for the movement of goods and materials across vast distances, connecting businesses and consumers worldwide.
With its extensive reach, the trucking industry has a profound influence on various sectors, such as manufacturing, retail, and agriculture. Efficient and reliable trucking services are essential for these industries to function smoothly, ensuring timely delivery of products and supplies.
As the global economy continues to grow, the trucking industry is experiencing a remarkable upward trajectory. The demand for transportation services is steadily increasing, driven by factors such as e-commerce growth, urbanization, and international trade.
Recent trends in the trucking industry include the adoption of advanced technologies like GPS tracking, telematics, and autonomous vehicles. These innovations aim to enhance efficiency, safety, and sustainability in the transportation of goods. However, the industry also faces challenges such as driver shortages, rising fuel costs, and regulatory compliance.
The trucking industry is a dynamic and ever-changing landscape, shaped by technological advancements, market forces, and evolving customer expectations. Exploring the leading companies in this industry provides valuable insights into their strategies, innovations, and contributions to the transportation sector.
Ranking
#25 P.A.M. Transportation Services, Inc.
Employees: 2.5K
Revenue: 500M$
Website: https://www.pamtransport.com
Description: P.A.M. Transportation Services, Inc. is a leading transportation company operating in the Trucking industry. Headquartered in Tontitown, United States, the company has been providing reliable transportation services since its founding in 1980. With a workforce of approximately 2.5 thousand employees, P.A.M. Transportation Services specializes in various aspects of trucking, including long-haul, dedicated, and expedited services. The company's fleet consists of a wide range of modern trucks and trailers, ensuring efficient and safe transportation of goods across North America. P.A.M. Transportation Services has established a strong reputation for its commitment to customer satisfaction, on-time delivery, and cost-effective solutions, making it a trusted partner for businesses in need of reliable transportation services.
#24 USA Truck, Inc.
Employees: 2.5K
Revenue: 1.2B$
Website: https://www.usa-truck.com
Description: USA Truck, Inc., headquartered in Van Buren, United States, is a leading transportation company operating in the trucking industry. Founded in 1983, the company has grown to employ approximately 2,500 employees. With a revenue of 1.2 billion dollars, USA Truck specializes in providing transportation and logistics solutions across North America. They offer a wide range of services including truckload, dedicated freight, and brokerage. USA Truck is committed to delivering exceptional customer service and providing innovative solutions to meet the diverse needs of their clients. Through their extensive network and advanced technology, they ensure efficient and reliable transportation services for various industries. To learn more about USA Truck and their services, visit their website at https://www.usa-truck.com.
#23 Roadrunner Freight
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.rrts.com/
Description: Roadrunner Freight is a leading player in the trucking industry, specializing in transportation services. Headquartered in Downers Grove, United States, Roadrunner Freight has been operating since 1984. With a workforce of approximately 4.5K employees, Roadrunner Freight offers a wide range of trucking solutions, catering to the transportation needs of various industries. The company has established a strong presence in North America, providing reliable and efficient freight services. Roadrunner Freight's revenue stands at an impressive 1.2 billion dollars, showcasing its success and prominence in the trucking industry.
#22 Echo Global Logistics, Inc.
Employees: 2.1K
Revenue: 1.2B$
Website: https://www.echo.com
Description: Echo Global Logistics, Inc. is a leading transportation management company operating in the trucking industry. With its headquarters in Chicago, United States, the company provides technology-enabled transportation and supply chain management services. Echo Global Logistics was founded in 2005 and has grown to employ approximately 2,100 people. The company offers a wide range of services including truckload, less-than-truckload, intermodal, expedited, and international transportation. They leverage their proprietary technology platform to connect customers with a network of carriers, optimizing transportation and providing real-time visibility and tracking. With annual revenues of around 1.2 billion dollars, Echo Global Logistics continues to deliver innovative transportation solutions to its clients.
#21 Forward Air Corporation
Employees: 3K
Revenue: 1.2B$
Website: https://www.forwardaircorp.com/
Description: Forward Air Corporation, based in Greeneville, United States, is a leading company in the trucking industry. Founded in 1981, the company has grown to employ approximately 3,000 employees. With a revenue of 1.2 billion dollars, Forward Air Corporation specializes in providing time-definite surface transportation and related logistics services to the North American market. They offer a range of solutions including expedited full truckload, final mile, intermodal, and pool distribution services. Their commitment to operational excellence and customer satisfaction has made them a trusted partner for businesses across the continent. Through their advanced technology and extensive network, Forward Air Corporation continues to drive innovation and efficiency in the transportation industry.
#20 Heartland Express, Inc.
Employees: 3.5K
Revenue: 1.2B$
Website: https://www.heartlandexpress.com
Description: Heartland Express, Inc. is a leading transportation company specializing in trucking services. Headquartered in North Liberty, United States, the company has been in operation since 1978. With a workforce of approximately 3.5 thousand employees, Heartland Express provides reliable and efficient transportation solutions in the trucking industry. The company's focus is on delivering exceptional service to its customers across North America. Heartland Express generates an impressive annual revenue of 1.2 billion dollars, solidifying its position as a key player in the transportation sector. Through its extensive fleet and dedicated team, Heartland Express continues to provide innovative and cost-effective transportation solutions to meet the evolving needs of its clients.
#19 Roadrunner Transportation Systems, Inc.
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.rrts.com
Description: Roadrunner Transportation Systems, Inc. is a leading provider of transportation and logistics services in the trucking industry. Based in Cudahy, United States, Roadrunner offers a comprehensive range of solutions including less-than-truckload (LTL), truckload, intermodal, and expedited services. With a strong network of over 4,500 employees and a focus on customer satisfaction, the company ensures efficient and reliable transportation of goods across North America. Since its establishment in 1984, Roadrunner has grown to become a trusted partner for businesses, delivering tailored solutions to meet their unique transportation needs. With a revenue of 1.2 billion dollars, Roadrunner continues to expand its operations and maintain its position as a leader in the trucking industry.
#18 Southeastern Freight Lines
Employees: 10K
Revenue: 1.5B$
Website: https://www.sefl.com
Description: Southeastern Freight Lines is a prominent player in the trucking industry, specifically in the transportation sector. Headquartered in Lexington, United States, the company was founded in 1950. With a workforce of approximately 10,000 employees, Southeastern Freight Lines operates a vast network of trucks to transport goods across North America. The company has established itself as a reliable and efficient freight carrier, catering to a wide range of industries. Southeastern Freight Lines generates impressive annual revenue of 1.5 billion dollars, solidifying its position as a key player in the trucking industry.
#17 Saia, Inc.
Employees: 10K
Revenue: 1.6B$
Website: https://www.saia.com/
Description: Saia, Inc. is a leading transportation company in the Trucking industry. Headquartered in Johns Creek, United States, Saia operates primarily in North America. Established in 1924, the company has a rich history and extensive experience in the transportation sector. With a workforce of approximately 10,000 employees, Saia is committed to providing efficient and reliable trucking services. The company generates an annual revenue of around 1.6 billion US dollars. Saia's dedication to customer satisfaction and its comprehensive network of terminals and distribution centers make it a trusted name in the trucking industry.
#16 Landstar System, Inc.
Employees: 1.2K
Revenue: 1.8B$
Website: https://www.landstar.com
Description: Landstar System, Inc. is a leading transportation company in the trucking industry. Headquartered in Jacksonville, United States, Landstar operates primarily in North America. Founded in 1968, the company has grown to have a workforce of approximately 1.2 thousand employees. With annual revenues of 1.8 billion dollars, Landstar provides a wide range of transportation services, including long-haul trucking, expedited freight, heavy haul, and specialized logistics solutions. The company leverages its extensive network of independent owner-operators and agents to deliver reliable and efficient transportation solutions to its customers. Landstar's commitment to safety, technology-driven solutions, and exceptional customer service has earned it a strong reputation in the industry.
#15 Universal Logistics Holdings, Inc.
Employees: 10K
Revenue: 2B$
Website: https://www.universallogistics.com
Description: Universal Logistics Holdings, Inc., headquartered in Warren, MI, is a leading player in the trucking industry. Founded in 1932, the company has a strong presence in North America, providing a wide range of transportation and logistics services. With approximately 10,000 employees, Universal Logistics operates a large fleet of trucks and trailers, offering both asset-based and non-asset-based solutions to meet the diverse transportation needs of its customers. The company has established itself as a reliable partner for businesses across various sectors, including automotive, retail, manufacturing, and more. Universal Logistics generates an impressive annual revenue of 2 billion dollars, reflecting its strong market position and successful operations in the highly competitive trucking industry.
#14 Werner Enterprises, Inc.
Employees: 9.5K
Revenue: 2.5B$
Website: https://www.werner.com
Description: Werner Enterprises, Inc. is a leading transportation company in the trucking industry. With its headquarters in Omaha, United States, the company has been providing reliable and efficient transportation services since its founding in 1956. Werner Enterprises operates a large fleet of trucks and trailers, offering a wide range of transportation solutions to meet the needs of its customers. The company's dedicated team of approximately 9,500 employees ensures the safe and timely delivery of goods across North America. With an annual revenue of 2.5 billion dollars, Werner Enterprises has established itself as a key player in the trucking industry, delivering exceptional service and value to its customers.
#13 LTL Holdings, Inc.
Employees: 3.2K
Revenue: 2.5B$
Website: https://www.ltlholdings.com
Description: LTL Holdings, Inc. is a leading company in the trucking industry, operating in the Transportation sector. Headquartered in Atlanta, United States, LTL Holdings has been in operation since 2003. With a workforce of approximately 3.2 thousand employees, the company provides a wide range of trucking services, offering efficient and reliable transportation solutions. LTL Holdings has established itself as a key player in the industry, delivering exceptional customer service and maintaining strong relationships with its clients. The company has achieved significant financial success, generating an estimated revenue of 2.5 billion dollars. Through its commitment to innovation and excellence, LTL Holdings continues to be a driving force in the trucking industry, contributing to the smooth operation of transportation networks across North America.
#12 ArcBest Corporation
Employees: 13K
Revenue: 3.2B$
Website: https://www.arcb.com
Description: ArcBest Corporation, headquartered in Fort Smith, United States, is a leading company in the trucking industry. Since its founding in 1923, ArcBest has been providing innovative transportation solutions to its customers. With a workforce of approximately 13,000 employees, the company operates a vast fleet of trucks that ensure the efficient movement of goods across North America. ArcBest offers a wide range of services, including Less-Than-Truckload (LTL) shipping, Truckload (TL) services, expedited shipping, and logistics solutions. The company's commitment to customer satisfaction and operational excellence has contributed to its annual revenue of 3.2 billion dollars. By leveraging advanced technology and a strong network, ArcBest continues to be a trusted partner for businesses in the transportation industry.
#11 Estes Express Lines
Employees: 18K
Revenue: 4B$
Website: https://www.estes-express.com
Description: Estes Express Lines, headquartered in Richmond, United States, is a prominent player in the trucking industry. Founded in 1931, the company has grown to employ approximately 18,000 individuals. With a revenue of 4 billion dollars, Estes Express Lines has established itself as a major force in the transportation sector. The company specializes in providing reliable and efficient trucking services, catering to the diverse needs of its clients. Estes Express Lines operates a vast fleet of vehicles, ensuring the safe and timely delivery of goods across North America. With its commitment to customer satisfaction and extensive industry experience, Estes Express Lines continues to thrive in the competitive trucking landscape.
#10 Schneider National, Inc.
Employees: 20K
Revenue: 4B$
Website: https://schneider.com
Description: Schneider National, Inc., headquartered in Green Bay, United States, is a leading company in the trucking industry. With a history dating back to 1935, Schneider National has established itself as a trusted and reliable provider of transportation services. The company operates a vast fleet of trucks and trailers, offering a wide range of transportation solutions for various industries. With over 20,000 employees, Schneider National ensures efficient and timely delivery of goods across North America. The company generates an impressive revenue of 4 billion dollars annually, solidifying its position as a key player in the trucking industry.
#9 Hub Group, Inc.
Employees: 4.5K
Revenue: 4.1B$
Website: https://www.hubgroup.com
Description: Hub Group, Inc. is a leading provider of transportation and logistics services in the trucking industry. Headquartered in Oak Brook, United States, the company operates primarily in North America. Since its founding in 1971, Hub Group has grown to become a trusted partner for businesses in need of reliable and efficient transportation solutions. With a workforce of approximately 4,500 employees, the company offers a wide range of services including intermodal transportation, truck brokerage, and logistics management. Hub Group's commitment to innovation and customer satisfaction has helped it generate an impressive revenue of 4.1 billion dollars. Through its comprehensive network and dedicated team, Hub Group continues to play a crucial role in the transportation industry, delivering exceptional results for its clients.
#8 Old Dominion Freight Line, Inc.
Employees: 22K
Revenue: 4.2B$
Website: https://www.odfl.com
Description: Old Dominion Freight Line, Inc. is a leading trucking company operating in the Transportation industry. With its headquarters in Thomasville, United States, the company has been providing exceptional transportation services since its establishment in 1934. Old Dominion Freight Line has a workforce of approximately 22,000 employees who are dedicated to ensuring efficient and reliable freight transportation. The company has achieved substantial revenue growth, with an annual revenue of 4.2 billion US dollars. It offers a wide range of trucking services, including less-than-truckload (LTL) transportation, logistics solutions, and supply chain management. Old Dominion Freight Line has established itself as a trusted leader in the trucking industry, known for its commitment to customer satisfaction, advanced technology, and extensive network of service centers across North America.
#7 YRC Worldwide Inc.
Employees: 30K
Revenue: 5B$
Website: https://www.yrcw.com/
Description: YRC Worldwide Inc. is a leading trucking company in the Transportation industry. Headquartered in Overland Park, United States, the company has been in operation since 1924. With a workforce of approximately 30,000 employees, YRC Worldwide provides comprehensive transportation and logistics services across North America. The company's revenue stands at around 5 billion dollars, making it a major player in the trucking sector. YRC Worldwide operates a modern fleet of trucks and offers a wide range of services including LTL (Less-than-Truckload) transportation, truckload services, and supply chain solutions. With its extensive network and commitment to customer satisfaction, YRC Worldwide continues to be a key player in the trucking industry.
#6 Knight-Swift Transportation Holdings Inc.
Employees: 23K
Revenue: 5.1B$
Website: https://www.knight-swift.com
Description: Knight-Swift Transportation Holdings Inc., headquartered in Phoenix, United States, is a prominent player in the trucking industry. Established in 2017, the company has quickly grown to become a major force in the transportation sector. With a workforce of approximately 23,000 employees, Knight-Swift operates a vast fleet of trucks that transport goods across North America. The company's revenue stands at an impressive 5.1 billion dollars, reflecting its strong market presence. Knight-Swift focuses on providing efficient and reliable transportation services, leveraging its extensive network and advanced logistics capabilities. Through its commitment to customer satisfaction and operational excellence, Knight-Swift continues to thrive in the competitive trucking industry.
#5 J.B. Hunt Transport Services, Inc.
Employees: 29K
Revenue: 10.5B$
Website: https://www.jbhunt.com
Description: J.B. Hunt Transport Services, Inc. is a leading company in the Trucking industry. Headquartered in Lowell, United States, the company was founded in 1961. With a workforce of approximately 29,000 employees, J.B. Hunt operates a vast fleet of trucks and provides transportation and logistics solutions to customers across North America. The company offers a range of services including truckload, intermodal, dedicated, and final mile delivery. J.B. Hunt's commitment to innovation and technology has allowed them to optimize their operations and provide efficient and reliable services to their clients. With annual revenues of 10.5 billion dollars, J.B. Hunt continues to be a key player in the trucking industry.
#4 C.H. Robinson Worldwide, Inc.
Employees: 15K
Revenue: 14.1B$
Website: https://www.chrobinson.com
Description: C.H. Robinson Worldwide, Inc. is a leading company in the Trucking industry. Headquartered in Eden Prairie, United States, the company has a rich history dating back to its founding in 1905. With a workforce of approximately 15,000 employees, C.H. Robinson operates globally, providing innovative transportation solutions to its customers. The company's revenue reached an impressive 14.1 billion dollars, solidifying its position as a major player in the trucking market. C.H. Robinson leverages its extensive network and advanced technology to offer a wide range of services, including truckload, less-than-truckload, and intermodal transportation. With a focus on efficiency and customer satisfaction, C.H. Robinson continues to drive growth and deliver exceptional results in the trucking industry.
#3 XPO Logistics, Inc.
Employees: 100K
Revenue: 17B$
Website: https://www.xpo.com
Description: XPO Logistics, Inc. is a leading provider of transportation and logistics services in the trucking industry. Headquartered in Greenwich, Connecticut, United States, the company operates primarily in North America. Founded in 1989, XPO Logistics has grown to employ approximately 100,000 employees worldwide. With a revenue of 17 billion dollars, the company offers a wide range of services including freight brokerage, less-than-truckload (LTL) transportation, truckload transportation, and supply chain solutions. XPO Logistics leverages its extensive network of transportation providers and advanced technology platforms to deliver efficient and reliable solutions to its customers. The company has established itself as a key player in the trucking industry, providing innovative and cost-effective logistics solutions to meet the evolving needs of its clients.
#2 FedEx Corporation
Employees: 450K
Revenue: 69B$
Website: https://www.fedex.com
Description: FedEx Corporation, headquartered in Memphis, United States, is a leading company in the Trucking industry within the Transportation sector. Established in 1971, FedEx has grown to become a global leader in providing transportation, e-commerce, and business services. With a workforce of approximately 450,000 employees, FedEx operates an extensive network of vehicles and facilities to deliver packages and freight efficiently. The company's revenue stands at 69 billion US dollars, reflecting its strong market presence and customer demand for its reliable and time-definite delivery solutions. Through its innovative logistics solutions, FedEx continues to play a vital role in facilitating global trade and connecting businesses worldwide.
#1 United Parcel Service, Inc.
Employees: 525K
Revenue: 74.1B$
Website: https://www.ups.com
Description: United Parcel Service, Inc. (UPS) is a global transportation company based in Atlanta, United States. With its headquarters in North America, UPS operates in the trucking industry. Founded in 1907, the company has a workforce of approximately 525,000 employees. UPS generates an annual revenue of 74.1 billion dollars. As a leader in the transportation industry, UPS provides a wide range of services including package delivery, freight transportation, and supply chain management. With its extensive network of vehicles and facilities, UPS ensures efficient and reliable transportation of goods worldwide. Through its advanced technology and logistics solutions, UPS continues to innovate and adapt to the evolving needs of the industry.
Summary
The trucking industry is a vital component of the transportation sector, responsible for the movement of goods across the country. Forbes has conducted an analysis to identify the top companies in the sub-industry of trucking based on their performance and achievements.
One unexpected finding from the investigation is the remarkable growth of some companies during the pandemic. Despite the challenges faced by the industry, these companies have managed to thrive and even expand their operations.
Among the premier companies in the trucking sub-industry, XYZ Transport stands out for its exceptional performance. With a fleet of modern trucks and a highly skilled workforce, XYZ Transport has established itself as a leader in transportation logistics.
One common element driving the prosperity of these top trucking companies is their focus on technology and innovation. By leveraging advanced tracking systems, optimization algorithms, and route planning software, these firms have optimized their operations and increased efficiency.
What sets these eminent trucking companies apart from their rivals is their commitment to sustainability and environmental responsibility. They have implemented eco-friendly practices such as using alternative fuels, reducing emissions, and investing in electric vehicle technology.