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The 2024 FleetOwner 500: Top Private Fleets list ranks the largest fleets operated by companies whose primary business is not trucking or freight.

2024 FleetOwner 500: Top Private Fleets

April 19, 2024
24 companies debut on the 2024 FleetOwner 500: Private list, our annual compilation of the most extensive commercial transportation operations run by companies to support their primary businesses.

More companies continue to invest in their transportation systems, growing their private fleets. The annual FleetOwner 500: Top Private Fleets list allows businesses to benchmark their transportation operations against their corporate peers.

Twenty-four new companies debut on the 2024 FleetOwner 500: Private list, our annual compilation of the most extensive commercial transportation operations run by companies to support their primary businesses. Those main businesses include wholesale and retail, food products, public utility, manufacturing, construction, sanitation, petroleum and gases, agriculture, non-trucking transportation, and more.

While there wasn’t much movement atop the list, infrastructure construction giant MasTec (whose subsidiaries include Energy Erectors, Sefnco Communications, Henkles & McCoy, and others) moved up five spots to No. 10—the only new Top 10 private fleet.

With nearly 28,000 commercial vehicles, national utility provider AT&T ranks No. 1 on the FO500: Private for the second straight year. Those vehicle numbers do not include the thousands of light-duty vehicles AT&T uses across the U.S.

PepsiCo, which includes subsidiary fleets such as Frito-Lay, ranks No. 2 for the third consecutive year. A classic mixed fleet, PepsiCo is the only company that ranks in the Top 10 of both most tractors (No. 2) and most straight trucks (No. 5). Later this month, we’ll have a feature on mixed fleet challenges, where Mari Roberts, Frito-Lay North America VP of transportation, shares some insights into how the company trains drivers and operates its mixed fleet.

These rankings are based on power units reported to the Federal Motor Carrier Safety Administration’s Safety and Fitness Electronic Records (SAFER) System. The FO500: Private only includes vehicle classes required to register with the U.S. Department of Transportation, leaving out some lighter-class fleets and units.

We also have more than a dozen Top 10 lists that break down private fleets by their company’s main business types and also by tractor, truck, and trailer population. No. 7 overall fleet Walmart ranks No. 1 on the tractor and trailer Top 10 lists. These Top 10 lists will be published on throughout the spring.

Other Top 10 lists focus on various business sectors and our Future 500 shows fleets that are just outside the 500 largest private carriers in the U.S.

About the Author

Josh Fisher | Editor-in-Chief

Editor-in-Chief Josh Fisher has been with FleetOwner since 2017, covering everything from modern fleet management to operational efficiency, artificial intelligence, autonomous trucking, regulations, and emerging transportation technology. He is based in Maryland. 

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