The international trucking industry continues to experience annual growth led by the top biggest trucking companies in the United States. This is as the trucking industry gets more cohesive with the arrival of shipments to warehouses and factories. More so, the demand for trucking services continues to increase as the economy relies on them to transport all forms of goods. According to recent statistics, the global trucking industry market is expected to reach $700 billion by 2024. With many companies in the U.S. trucking industry, here is a look at the 20 biggest trucking companies in the U.S. in 2022.
20. R + L Carriers
Leading the way for the largest trucking companies is R + L Carriers, a less-than-truckload shipping company founded in 1965. This family-owned freight shipping company is based in Wilmington, Ohio. With more than fifty years of trucking services, the company has grown from one truck to operating a fleet of over 21,000 trailers and tractors. More so, the R + L Carriers has about 15 offices across the U.S. and approximately 155 terminals. They have employed more than 10,000 people worldwide. the company does its best to exceed the customers' expectations during each delivery.
19. Saia Motor Freight Line
The next entry on the list of the country's leading carriers is Saia Motor Freight Line. The trucking company is a less-than-truckload shipping company started in 1924 and based in Johns Creek, GA. It also offers truckload, consolidation & distribution, and logistics services. According to Saia.com, the trucking company has around 11,000 employees and enjoys excellent employee retention. An average employee stays at the club for about three and a half years. Saia also boasts around 176 terminals and more than 30,000 daily shipments.
18. U.S. Xpress Enterprises
U.S. Xpress Enterprises is a reputable trucking company based in Chattanooga, Tennessee. When the company was started in 1986, it had an operating fleet of just 48 trucks. Through the years, the company has become one of the largest companies in the country. Today, U.S. Xpress Enterprises operates more than 15,500 trailers and 7,000 tractors that offer logistics services for big corporations across the United States. Last year, the company had annual revenue of approximately $1.33 billion, making it one of the biggest trucking companies.
DESEKE is another big transportation logistics company based in Texas. It is one of the nation's biggest flatbed trucking firms, mainly specializing in the North American freight market. The company operates a fleet of more than 13,000 trailers and 6000 tractors. The company generates a revenue of about $1.4 billion annually. Through the years, Daseke has gained an excellent reputation for offering best-in-class, comprehensive services to the most globally popular industrial shippers.
16. CRST Logistics
CRST Logistics is a privately owned full-service third-party logistics company that offers transportation services and solutions to distributors and manufacturers across the U.S., Mexico, and Canada. The company was founded in 1991 and is headquartered in Cedar Rapids, Lowe. They excel in short and long-haul freight services such as regional truckload, team truckload, air cargo expedited, and less-than-truckload services. Today, CRST runs a fleet of around 4,500 trucks and generates an approximate annual revenue of $1.5 billion.
15. Prime Inc.
Operating out of Springfield, Missouri, Prime Inc. is one of the largest truckload shipping companies in the U.S. The company was started in 1970 and has a culture described as one of its own. Currently, the company has about 3,750 employees with facilities that stretch throughout the U.S. According to Prime Inc, whether your truckload is delicate, time-critical, solid, or liquid, perishable goods, temperature sensitive or durable, construction materials; Prime Inc. offers a solution for you.
14. Ryder System, Inc.
Ryder System, Inc is a trucking company in Miami, Florida. The company consists of Ryder Dedicated Transportation Solutions and Ryder Fleet Management Solutions, which include contract carriage, distribution and warehousing, e-commerce fulfillment, transportation logistics, last-mile delivery, and innovative delivery. The company mainly operates in North America, employing more than 30,000 employees globally.
13. Heartland Express
It takes a trucker's heart to travel through the country. According to Heartland Express, the company was started in 1978 and has its headquarters based out of Lathrop, California. Heartland Express, a leader in logistics and transportation, offers collaborative truckload transportation service that allows companies to deliver excellent services across their transportation network to enhance customer satisfaction. Customers choose the company for its award-winning fleet capacity to cover the commitments and leadership in offering information.
12. Estes Express Lines
Estes Express Lines is a trucking and less-than-truckload shipping company based in Richmond, Virginia. The company was established in 1931 and is still owned and run by the Estes family. Today, Estes Express Lines has more than 200 work terminals and approximately 16,000 employees and operates over 30,000 trailers and 6,600 tractors for shipping needs.
11. Werner Enterprises
Werner Enterprises is among the largest less-than-truckload shipping company operating from Omaha, Nebraska. The company specializes in intermodal transport, freight management, and truck brokerage. It has around 12,750 employees and an average salary of $72,300 per year, which is one of the highest in the industry. This makes it one of the best transportation companies to work for. Werner Enterprises has more than 23,000 trailers and 8,000 tractors, primarily transporting consumer products and merchandise. In 2021, the company was named the first Military Friendly Company for its logistic services and premier transportation. Werner generated a revenue of $2.6 billion in 2021.
10. ArcBest Corp.
ABF Freight System is a top less-than-truckload shipping company based in Fort Smith, Arkansas. The company is a subsidiary of ArcBest, one of the significant logistics solutions providers. ArcBest is a reputable company that was founded in 1923. Today, the company has more than 13,000 employees and offers transportation and intermodal transportation services regionally, nationally, and internationally. It also provides transporting commodities through its expedited and standard trucking services. ArcBest Corp also provides self-moving solutions and customized services mainly designed to make transportation affordable and more accessible. One of the interesting facts is that it's the only trucking company where most of the employees are members of the Democratic party.
Next on the list is Knight-Swift, an American, publicly-traded truckload motor-shipping carrier company headquartered in Phoenix, Arizona. Knight Transportation and Swift Transportation came together in 2017 to form Knight-Swift Transportation. The company deals with the transportation of general commodities in the U.S. Knight-Swift primarily offers asset-based temperature-controlled truckload and asset-based dry van truckload carrier services to medium and short-haul lengths. The company also provides non-asset-based brokerage services. Knight-Swift has more than 24,350 employees and runs more than 4,150 tractors and 9,530 trailers. Consistently generating huge revenues over the years, this is one of the biggest trucking companies in the U.S.
Starting in 1968, Landstar System has gone on to be one of the biggest trucking companies in the U.S. The company has its headquarters in Jacksonville, Florida, and mainly specializes in third-party logistics. According to Landstar.com, it has more than 13,00 employees and operates 16,743 trailers and 10,599 tractors. Landstar System also hires a significant percentage of graduates from the University of North Florida, with about 15% of its employees having graduated from there.
7. YRC Worldwide
YRC Worldwide is also on the list of one of the biggest trucking companies in the United States in 2022, generating a revenue of $5.09 billion last year. The company was founded in 1929 and has its headquarters in Overland Park, Kansas. They have several services, including YRC Reimer, YRC Freight, Holland, New Penn, and Reddaway, for diverse delivery methods. YRC has more than 19,000 employees worldwide and runs over 45,000 trailers and 14,100 tractors. The company has over 300 terminals and delivers about eleven million shipments annually.
6. OLD Dominion Freight Line
OLD Dominion Freight Line is a top American truckload shipping company based in Thomasville, North Carolina. The company provides regional, inter-regional, and national trucking services. It's renowned for its excellent logistics services, including; air and ground expedited transportation, transportation management, supply chain consulting, container delivery, truckload brokerage, warehousing, and household moving services. Today, the company employs more than 35,700 people and operates over 35,720 trailers and 9,250 tractors. OLD Dominion Freight Line generated more than $4.04 billion in revenues, proving one of the biggest trucking companies in the U.S.
5. Schneider National
The list of the largest trucking companies in the U.S. in 2022 cannot be complete without Schneider. The company was founded in 1935 and is headquartered in Green Bay, Wisconsin. It was started when Al Schneider sold the family car to buy a truck. Last year, the company generated over $ 4.97 billion in revenues proving to be one of the largest companies in the country. Schneider National specializes in providing intermodal, truckload, and logistics services. Its services include; long-haul, regional, dedicated, expedited, brokerage, intermodal, bulk, pool point distribution, cross-dock logistics, port logistics, and supply chain management. Currently, Schneider operates 37,850 trailers and 13,750 tractors, making it one of the top trucking companies by operations and revenue.
4. JB Hunt Transport
Next on the list of the biggest trucking companies in the U.S. is J.B. Hunt Transport, generating around 9.16 billion in revenue last year. You have likely seen their yellow logo on the road because they are the fourth most prominent company in the U.S. According to Insider Monkey, J.B. Hunt is a logistics and transportation company founded in 1961 and based in Lowell, Arkansas. It mainly runs large semi-trailer trucks offering transportation services throughout the U.S, Mexico, and Canada. The company has more than 120,056 employees and operates more than 33,510 trailers and 15,800 tractors.
3. XPO Logistics
XPO Logistics is the third biggest American multinational transportation company in the U.S., managing supply chains for over 50,000 clients. It operates in eighteen different countries and provides two services; truck Brokerage and Less-than-truckload. The company was established in 2011 and is based in Greenwich, Connecticut. XPO Logistics has more than 25,000 trailers, 8100 tractors, and more than 42,000 employees. It ranks as the seventh best-performing stock of the last decade on the Fortune 500. Last year, XPO Logistics generated a revenue of $12.8 billion.
FedEx is another large trucking company in the U.S. by revenue in 2022, specializing in transportation and e-commerce. The company was founded in 1971, and its headquarters is in Memphis, Tennessee. FedEx is famous for its overnight shipping service and innovative system that tracks packages and offers real-time updates on the package's location. Other carrier services are now implementing this feature. The company has different delivery services, including; FedEx Express, FedEx Freight, FedEx Logistics, FedEx Ground, FedEx Office, and FedEx Services. Last year, FedEx created $65.46 billion in revenue. According to Yahoo! Finance, the company has around 425,000 employees and owns more than 113,000 trailers and 29,000 tractors.
1. UPS Inc.
UPS is the biggest trucking company in the U.S., with revenues going over $71.86 billion last year. This American international package delivery and supply chain management company was started in 1907, initially as 'The American Messenger Company.' The company has services that cover each transportation method, including; UPS supply chain solutions, UPS package operations, UPS Freight, UPS mail innovations, and UPS capital corp. Each subcategory handles specific services like supply, delivery, distribution, chain, and pharmaceuticals. UPS operates a fleet of trucks from numerous manufacturers, including; Navistar, Mack Trucks, and PACCAR vehicles. It specializes in receiving and shipping as well as supply chain management. UPS Inc. is the largest trucking company worldwide, with around 500,000 employees.
That's it. These are the 20 biggest trucking companies in the U.S. in 2022. These companies will conveniently ship throughout the U.S. as well as Mexico and Canada. From year to year, the biggest trucking companies often rotate between the top ten spots based on the revenue they have earned that year as well as their type of trucking. And while the largest trucking companies are equated with high-quality service, it's recommendable that potential clients review the types of shipping services provided by the company, their rates, distribution locations, and service flexibility before committing.
Written by Allen Lee
Read more posts by Allen Lee