The 25 Biggest US Trucking Companies in 2024

In 2022, the U.S. trucking industry generated $940.8 billion, carrying the heavy load of 72.6% of all cargo shipped. With a fleet of nearly 12.86 million trucks and a workforce of 8.4 million strong, trucking is the backbone of the U.S. supply chain.

Insider Monkey is a New York-based financial blog founded by Ian Dogan, offering insight into profiting from public insider trading and hedge fund transactions. They've combed through heaps of data, checking industry reports, financial figures, and stock screener magic to bring you the top 25 trucking champions of 2024, focusing on market cap as of March 27.

Here's the list of the top 25 trucking companies, ranked from #25 to #1, with their market cap or revenue:

Rank

Company Name

Market Cap/Revenue

25

Daseke, Inc. (NASDAQ:DSKE)

$390.80 million

24

Covenant Logistics Group, Inc. (NASDAQ:CVLG)

$594.36 million

23

Forward Air Corporation (NASDAQ:FWRD)

$791.12 million

22

Heartland Express, Inc. (NASDAQ:HTLD)

$908.28 million

21

Universal Logistics Holdings, Inc. (NASDAQ:ULH)

$951.34 million

20

Marten Transport, Ltd. (NASDAQ:MRTN)

$1.49 billion

19

CRST International

$2.0 billion (2023 Revenue)

18

Werner Enterprises, Inc. (NASDAQ:WERN)

$2.42 billion

17

RXO, Inc. (NYSE:RXO)

$2.43 billion

16

Hub Group, Inc. (NASDAQ:HUBG)

$2.60 billion

15

ArcBest Corporation (NASDAQ:ARCB)

$3.20 billion

14

Schneider National, Inc. (NYSE:SNDR)

$3.86 billion

13

NFI Industries, Inc.

$3.90 billion (2023 Estimated Revenue)

12

Estes Express Lines

$4.40 billion (2023 Revenue)

11

Flexport

$5 billion (2023 Estimated Revenue)

10

Ryder System, Inc. (NYSE:R)

$5.12 billion

9

Landstar System, Inc. (NASDAQ:LSTR)

$6.59 billion

8

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

$8.51 billion

7

Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

$8.51 billion

6

XPO, Inc. (NYSE:XPO)

$14.04 billion

5

Saia, Inc. (NASDAQ:SAIA)

$15.58 billion

4

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

$20.01 billion

3

Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

$47.16 billion

2

FedEx Corporation (NYSE:FDX)

$71.12 billion

1

United Parcel Service, Inc. (NYSE:UPS)

$122.67 billion

These are the companies keeping America's economy rolling, delivering everything from the essentials to the extraordinary right to our doorsteps and beyond.

Source: Insider Monkey/MSN

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