Largest Trucking Companies in the USA

Posted On 21th February 2025

The largest trucking companies in the USA are the backbone of the nation's economy and a recent study shows that roughly 80% of organizations heavily rely on them. The trucking industry is a giant part of the US transportation sector, which plays a vital role in the country’s supply chain.

Nearly 1.2 million companies are involved in the biggest trucking companies in the USA, so in this quick guide, we’ll walk through all of them. We won’t only list the top freight companies but also share a breakdown of the biggest LTL carriers in 2025, their revenue, services, and other factors.

Largest Trucking Companies in the USA

Biggest Trucking Companies in the US

Here are the top 10 largest trucking companies in the United States, categorizing “largest” by their market cap, and NET income.

Note: All of the following trucking companies operate in the U.S.

United Parcel Service (UPS)

Undoubtedly, United Parcel Service (UPS) is the biggest trucking company in America, which is delivering 22 million packages per day, with more than half a million employees. UPS is not only limited to trucking as they also move freight and packages across the country via freight train and air.

  • Market Cap: $124.2 billion
  • Net Income: $5.9 billion

FedEx Corporation (FDX)

Also known as Federal Express, FedEx Corp. is one of the biggest trucking companies in the US, famous for its freight transportation and logistic services. With over half a million members, FedEx has more than 400 freight service centers, with a significant amount of them in the US.

  • Market Cap: $74.8 billion
  • Net Income: $4.3 billion

Old Dominion

Founded in 1934, Old Dominion Freight Line is one of the oldest and largest LTL carriers, with over 21,000 employees. Old Dominion is a company specializing in less-than-truckload (LTL) services, such as household moving, warehousing, and other shared trucking transportation.

  • Market Cap: $44.68 billion
  • Net Income: $1.246 billion

J.B. Hunt Transport Services

Founded in 1961, JB Hunt Transport Services Inc. is amongst the first large trucking companies in the US, based in Lowell, Arkansas. With more than 100,000 trailers and over 12,000 trucks, J.B. Hunt Transport meets the transportation demands of nearly 500 United States companies.

  • Market Cap: $17.388 billion
  • Net Income: $155.5 million

XPO Logistics (XPO)

XPO Logistics is one of the largest LTL carriers in the US, providing less-than-truckload (LTL) as well as truck brokerage services. XPO headquarters are located in the state of Connecticut, US, but their reach is not contained within the US. The services have expanded to over 18 countries.

  • Market Cap: $11.98 billion
  • Net Income: $242 million

Knight-Swift Inc. (KNX)

Located in Phoenix, Arizona, US, Knight Swift Transport holds 6th place amongst the top 10 trucking companies in the United States. Equipped with more than 4000, nearly 9000 trailers, and 28,000 employees they provide different trucking services including temperature-controlled transportation services.

  • Market Cap: $8.77 billion
  • Net Income: $117.63 million

YRC Worldwide

Headquartered in Overland Park, Kansas, and founded in 1929, YRC Worldwide is one of the largest LTL carriers, specializing in less-than-truckload freights. By leveraging more than 300 terminals, the company maintains a solid stalwart, handling 11+ million shipments every year.

  • Market Cap: (private company)
  • Net Income: (private company)

Landstar Systems

Landstar Systems is another big player in the trucking industry, mainly specializing in logistics and third-party logistics. Founded in 1968, Landstar Systems is equipped with more than 69,000 trucks, 1,320 staff workers, and 10,000 independent drivers, transporting specialized freights.

  • Market Cap: $5.69 billion
  • Net Income: $195.95 million

Schneider National

Founded in 1976 and located in Green Bay, Wisconsin, Schneider National is not the biggest trucking company in the US, but big enough to find its place at 9th place. Equipped with 40,000 carriers and 6,000 drivers employed, Schneider is suited to more than 180 properties worldwide.

  • Market Cap: $5.02 billion
  • Net Income: $117 million

Werner Enterprises

Founded in 1956, Werner Enterprises, Inc. is a logistics and transportation organization based in Omaha, Nebraska, U.S. It’s not the biggest trucking company in the US, but has over 12,000 employees, providing truck brokerage, and freight management services across North America.

  • Market Cap: $2.15 billion
  • Net Income: $34.23 million

TOP-10 Largest LTL Carriers in the US

Now that we know the largest trucking companies in the USA, it’s time to review the top LTL freight carriers, specializing in less-than-truckload (LTL). This is a type of freight shipping where multiple shippers share space in a single truck.

Instead of one company filling an entire trailer, LTL carriers combine shipments from different customers, optimizing space and reducing costs.

Here are the top 10 largest LTL carriers 2025 in the United States:

  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

Now you know who is the largest LTL carrier in the US – FedEx Freight!

Some of these companies do not only specialize in LTL, rather than in mixed servers, while others focus primarily on less-than-truckload services. Most of the biggest LTL carriers provide freight transportation, including full truckload (FTL), logistics, and supply chain management.

The Top 10 LTL Carriers of 2024 By Revenue

If you’re curious to explore more LTL carrier rankings, we’ve prepared a detailed breakdown of the top players in the industry.

We’re about to categorize the top LTL carriers by revenue and net income to help you better understand their market positioning and financial performance.

Rank:

Largest LTL Trucking Companies:

Revenue:

Net Income:

1

FedEx Freight

$9.4 billion (2024)

$4.3 billion

2

Old Dominion Freight Line

$7.1 billion (2022)

$1.4 billion

3

XPO

$4.5 billion (2022)

$242 million

4

J.B. Hunt Transport Services

$4.4 billion (2022)

$155.5 million

5

Estes Express Lines

$4.3 billion (2022)

Not Publicly Disclosed

6

SAIA

$2.8 billion (2022)

Not Publicly Disclosed

7

YRC Worldwide

$2.4 billion (2022)

Not Publicly Disclosed

8

R+L Carriers

$1.9 billion (2022)

Not Publicly Disclosed

9

Averitt Express

$1.8 billion (2022)

Not Publicly Disclosed

10

Southeastern Freight Lines

$1.6 billion (2022)

Not Publicly Disclosed

These are the top LTL carriers in the United States when sorted by revenue. Please note that this table only involves the top LTL freight companies, mainly specializing in LCL.

Who Are the Top 5 LTL Carriers Worldwide?

If we zoom out and take into consideration not just U.S.-based, but global freight lines, these are the top LTL carriers that dominate the industry on a worldwide scale.

  1. DHL Freight - Their global reach has expanded to over 50 countries.
  2. FedEx Freight - Offers transportation services in the U.S. and internationally.
  3. XPO Logistics - Operates across, Europe, North America, and Asia
  4. Kuehne + Nagel - Their reach covers more than 100 countries worldwide.
  5. DB Schenker - Operates in more than 130 countries across the globe.

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