Trucking firms are integral to the international transportation industry, focusing on the transportation of goods via roads and highways, thus serving as vital components of the supply chain.
Many leading trucking firms also engage in other transportation methods, such as rail and air, and provide logistics services that enable quicker deliveries at reduced costs to a wider range of locations.
Although the majority of the top trucking companies on our list are based in the United States, some have their headquarters abroad. This list is restricted to publicly traded firms in the U.S. or Canada, either directly or through ADRs. The data is sourced from Yahoo Finance and is current as of July 21, 2024.
Key Takeaways
Warning
#1 United Parcel Service, Inc. (UPS)
Revenue (TTM): $89.7 billion
Net Income (TTM): $5.9 billion
Market Cap: $124.2 billion
1-Year Trailing Total Return: -18.6%
Exchange: NYSE
UPS is a major player in the trucking industry, employing nearly 500,000 individuals and delivering 22 million packages each day. Besides trucking, UPS also transports packages through air and rail.
#2 FedEx Corp. (FDX)
Revenue (TTM): $87.7 billion
Net Income (TTM): $4.3 billion
Market Cap: $74.8 billion
1-Year Trailing Total Return: 19.3%
Exchange: NYSE
FedEx, initially known as Federal Express, gained prominence for pioneering overnight shipping in the logistics sector. Currently, the company operates around 400 freight service facilities and employs over half a million people.
#3 Yamato Holdings Co. Ltd. (YATRY)
Revenue (TTM): $11.4 billion
Net Income (TTM): $238 million
Market Cap: $3.97 billion
1-Year Trailing Total Return: -37.6%
Exchange: OTC Markets
Based in Japan, Yamato Holdings operates as a holding company offering delivery services via its subsidiaries, covering parcel delivery, logistics management, and appliance installation services.
$2.6 trillion
The Bottom Line
Trucking companies are essential to the global transportation framework. Unlike vessels and railways, they face minimal geographical constraints, enabling them to deliver freight to virtually any accessible location.
