1、ONLY THESTRONGSURVIVEA TRANSPORT TOPICS PUBLICATIONINSIDE:THE TOP 100 LISTLower rates and higher operating costs have been testing the strength and discipline of motor carriers in a tough freight marketTHE DEFINITIVE ANNUAL RANKING OF NORTH AMERICAS LARGEST TRUCKING COMPANIESFOR-HIRE CARRIERS2024THE

2、 TRANSPORT TOPICSSTRATEGY,HARDWORK,DEDICATION,&SUCCESSCongratulations to all who have earned a spot among this years Top 100 For-Hire Carriers.We are honored to support so many of you!Discover how todays leading carriers are powered by DDC+1 303 674 While enduring a prolonged freight recession,the l

3、argest trucking companies in North America have been surviving on lower rates and tightly managing their operating ex-penses as they await a market rebound.The financial strain caused by the freight downturn,which took hold in mid-2022 and has continued for two years into the first half of 2024,is p

4、lainly evident on this latest edition of Transport Topics Top 100 For-Hire Carriers list.The preponderance of companies that appear on the updated list reported declin-ing revenue and weaker profits in 2023 as a persistent oversupply of freight hauling capacity held down freight rates and gave shipp

5、ers greater negotiating power.That downward trend was apparent across all segments of the trucking industry,from full truckload to parcel.Top-ranked UPS Inc.,for one,saw its an-nual revenue drop below$91 billion in 2023 after surpassing the$100 billion mark for the first time a year prior.The challe

6、nging market conditions also were a contributing factor in the biggest change to this years Top 100 ranking the absence of iconic less-than-truckload carrier Yellow Corp.,which ceased operations and filed for bank-ruptcy last summer after 99 years in business.The demise of Yellow,which ranked No.13