Which level of carrier generates over $10 million in gross revenue?

Class I carriers are defined by their substantial scale of operations, generating over $10 million in gross revenue. These carriers typically have a significant market presence and handle a considerable volume of freight, allowing them to benefit from economies of scale. This level of revenue indicates extensive infrastructure, a broad customer base, and possibly a diverse range of services provided.

In contrast, Class II and Class III carriers operate at lower revenue thresholds and have smaller operational scales. Specifically, Class II carriers generally generate between $3 million to $10 million, while Class III carriers have revenues of less than $3 million. Class IV, while not commonly referenced in the same context, usually refers to even smaller operations or niche players in the industry. Understanding these classifications helps in assessing the capacity and capabilities of different freight carriers within the trucking industry.