The Power Rankings

Largest US 3PL; Navisphere TMS + global forwarding across truckload, LTL, and international.

Spun out of XPO in 2022; acquired Coyote Logistics from UPS in 2024. Cloud-native RXO Connect TMS.

Founded in 2024 and headquartered in Baltimore, MD, Backhaulers is a tech-forward freight brokerage built around a single idea: a meaningful share of US truck miles run empty, and that capacity should be working. Backhaulers uses a nationwide camera-and-data tracking layer to identify empty backhaul lanes and match them to shipper freight in real time — designed to drive meaningful per-load savings. Services span Full Truckload (dry van, flatbed, reefer), LTL, expedited, last-mile, dedicated brokerage, and specialized freight (oversized, hazmat, temp-controlled), all backed by a 24/7 single point of contact and a cloud client portal with live track-and-trace.

Fastest-growing private TL broker of the late 2010s; modern carrier rep technology stack.

Agent + BCO (business capacity owner) model; specialized + heavy haul strength.

Bought Transplace from TFI for $2.25B in 2021; managed transportation + dynamic brokerage on one platform.

Founded by Jeff Silver (also a Backhaulers veteran); sold by UPS to RXO in 2024.

2nd-largest US truckload broker; aggressive sales culture, 24/7 coverage.

Asset-light truckload + brokerage; complements Hub's intermodal asset base.

TL + LTL multi-modal broker; taken private by The Jordan Company in 2021.

Largest privately held LTL-focused broker post-2021 GlobalTranz merger.