The trucking industry remains the backbone of American commerce, moving over 72% of the nation's freight. Despite the freight recession that began in late 2022, the largest carriers continue to adapt and invest in technology. Here are the top 15 largest trucking companies in the USA based on 2024 revenue.

1. UPS Inc. - $91.1 Billion

United Parcel Service remains the largest trucking company by revenue in 2024. While best known for package delivery, UPS operates an extensive ground freight network with delivery vans and heavy trucks supporting logistics hubs nationwide. The company employs over 500,000 workers and delivers 22 million packages daily.

Key Services: Package delivery, freight forwarding, supply chain management, logistics services

2. FedEx Corp. - $87.7 Billion

FedEx Corporation ranks second with consolidated revenue of $87.7 billion. Its FedEx Freight division, focusing on less-than-truckload (LTL) services, generated $9.1 billion in 2024 revenue, maintaining its position as the largest LTL carrier in North America.

Fleet Size: Approximately 30,000 LTL trucks plus vans and aircraft

Key Services: LTL freight, truckload, intermodal, express delivery, logistics

3. Ryder System Inc. - $12.64 Billion

Ryder System operates one of the largest commercial fleet management operations in North America. The company's truckload division surged 37% year-over-year, fueled by expansion in dedicated and logistics services.

Fleet Size: Approximately 189,800 vehicles under rental and fleet management

Key Services: Truck leasing, rental, fleet management, dedicated contract carriage, supply chain solutions

4. J.B. Hunt Transport Services - $12.09 Billion

J.B. Hunt continues to dominate as one of the largest carrier operations in the USA. While TL revenue declined 5.4% year-over-year due to market softness, the company's integrated logistics model positions it as a supply chain powerhouse.

Fleet Size: 13,000 trucks and 100,000 trailers

Key Services: Intermodal, dedicated, refrigerated, final mile, truckload, brokerage

5. TFI International - $8.4 Billion

TFI International operates across North America with approximately 70% of operations in the United States. The company acquired UPS Freight in 2021 and XPO Logistics' truckload division in 2016, solidifying its position as a major player.

Fleet Size: 14,243 tractors, 45,453 trailers, plus 5,792 owner-operated tractors

Key Services: Parcel, LTL, truckload, logistics, specialized freight

6. XPO Inc. - $8.1 Billion

XPO Logistics focuses on LTL and truckload services across North America. The company operates with 6,000-8,000 tractor-trailers and has been investing heavily in technology and terminal infrastructure.

Key Services: LTL freight, truck brokerage, managed transportation, last mile

7. Knight-Swift Transportation - $7.41 Billion

Knight-Swift is North America's largest full-truckload carrier. The company is making aggressive moves into the LTL market, acquiring 10 Yellow Corp. terminal leases and planning full 48-state LTL coverage by end of 2025.

Fleet Size: 19,000 trucks, 58,000 trailers, 24,000 employees

Key Services: Dry van, refrigerated, dedicated, brokerage, intermodal, LTL (expanding)

8. Old Dominion Freight Line - $5.81 Billion

Old Dominion Freight Line (ODFL) is Wall Street's favorite LTL carrier. The company's lean operating model and relentless focus on service quality keep it growing even during economic downturns.

Fleet Size: 5,800 tractors, 22,500 trailers

Key Services: Regional, inter-regional, and national LTL services

9. Schneider National - $5.3 Billion

Schneider National provides full truckload and intermodal services across North America. Founded in 1976 in Green Bay, Wisconsin, the company operates one of the largest orange fleets on the road.

Fleet Size: 12,500 trucks, 54,400 trailers

Key Services: Truckload, intermodal, logistics, dedicated, bulk

10. Landstar System - $4.8 Billion

Landstar operates an asset-light model, relying on independent agents, owner-operators, and third-party capacity providers. The company leverages a network of 11,000+ owner-operators and 102,000 truck capacity providers.

Key Services: Truckload, LTL, specialized freight, logistics, third-party logistics

11. Estes Express Lines - $4.5+ Billion

Estes Express Lines posted the strongest year-over-year revenue growth at 12.4% among major LTL carriers. The privately-owned company continues to expand its national footprint with strategic terminal investments.

Key Services: LTL, final mile, truckload, international shipping, warehousing

12. Werner Enterprises - $2.96 Billion

Werner Enterprises provides diversified transportation and logistics services. Based in Omaha, Nebraska, the company operates a balanced portfolio of dedicated, one-way truckload, and logistics services.

Key Services: Truckload, dedicated, intermodal, brokerage, final mile

13. Saia Inc. - $2.8+ Billion

Saia is a rapidly growing LTL carrier that has invested approximately $2 billion in infrastructure, technology, and workforce over the past five years. Technology spending jumped to $64 million in 2024.

Key Services: Regional and national LTL services

14. Penske Logistics - $7.8 Billion

Penske Logistics provides supply chain management and dedicated contract carriage solutions. The company has partnered with Snowflake to use AI for real-time predictive analytics, processing 190 million IoT messages daily.

Key Services: Dedicated contract carriage, distribution center management, logistics solutions

15. ArcBest - $4.2 Billion

ArcBest Corporation is a holding company for truckload, LTL freight, freight brokerage, and transportation management services. The company continues to invest in technology to enhance operational efficiency.

Key Services: LTL, truckload, managed transportation, final mile, warehousing

Major Industry Changes in 2023-2024

The trucking industry landscape shifted dramatically over the past two years:

Yellow Corp. Bankruptcy: In August 2023, Yellow Corp. filed for Chapter 11 bankruptcy, marking the largest bankruptcy in US trucking history. The company's 128 properties and 25 leases were acquired by competitors for nearly $2 billion, with most buyers being LTL carriers.

Convoy Shutdown: Digital freight platform Convoy ceased operations in October 2023 after a series of layoffs and downsizing efforts, highlighting challenges in the freight-tech space.

Freight Recession Impact: The prolonged downturn that began in late 2022 continued through 2024, with nearly 88,000 trucking companies shutting down in 2023 alone. Learn about why most trucking companies fail.

Technology Driving Competitive Advantage

The largest trucking companies share strategic technology investment. Leading carriers enhanced efficiency through AI-powered predictive analytics, real-time IoT tracking, automated dispatch, digital freight matching, and advanced TMS integration.

For small and mid-sized carriers, technology isn't optional. True automation eliminates operational inefficiencies that cause failure.

How Small Carriers Can Compete

While these trucking giants dominate by revenue, 95% of carriers operate 10 or fewer trucks. Small carriers can compete by focusing on operational excellence and technology adoption.

Adopt carrier-first TMS platforms, track key performance metrics, leverage AI-powered tools, build direct shipper relationships, and specialize in niches. Learn how Ray Cargo scaled from 50 to 350+ trucks.

The Future of Trucking in 2025-2026

As freight demand slowly recovers, the trucking industry continues evolving with continued consolidation, investment in alternative fuels, LTL network expansion, and growing importance of AI-native technology.

Datatruck helps carriers compete with operational efficiency of industry giants. Our carrier-first TMS provides automation, real-time visibility, and financial tracking that separate thriving carriers from struggling ones.

Book a free demo and see how Datatruck helps carriers operate with the efficiency of the top 15 trucking companies.