Top 25 Truckload Carriers

Top 25 Truckload Carriers

The 25 largest U.S. truckload carriers increased their combined revenue just 0.6 percent in 2013 to $25.6 billion, as rising operating costs, a slow-paced economy and difficulty finding and keeping drivers throttled back their long-term recovery. Acquisitions powered much of the growth, as truckload carriers built market share, expanded their service portfolios and gained capacity and drivers by buying up smaller competitors. The JOC and SJ Consulting Group annually rank the 25 largest truckload companies by revenue — which account for a small amount of total truckload revenue — and track their progress on this special topic page.

Special Coverage

Schneider National is No. 2 in the JOC’s ranking of the Top 25 Truckload Carriers in 2013.
When it came to expansion, the 25 largest truckload carriers idled their engines last year, increasing their combined revenue by just 0.6 percent to $25.6 billion. The growth they did enjoy came largely from acquisitions, a trend expected to continue in 2014 as truckload demand rises.

News & Analysis

Swift Transportation truck
29 Sep 2014
A big hike in truck driver pay seems to be paying off handsomely for Swift Transportation. The number of Swift trucks lacking drivers has dropped about 20 percent from the end of the second quarter, and line-haul truck utilization has improved more than 3 percent.
16 Sep 2014
Rail service problems are starting to hurt truckers with intermodal operations, especially those such that move refrigerated goods, a transportation analyst says.
15 Sep 2014
Advances in technology and shipper demand are leading trucking companies toward the 'connected enterprise' and closer ties to customer supply chains.
Rising pay
13 Aug 2014
After years of talking about the need to increase chronically low pay to attract and keep more truck drivers, trucking companies are beginning to put money on the table.
31 Jul 2014
The strengthening U.S. economy, a second-quarter surge in freight and higher rates boosted revenue and profit at Con-way’s less-than-truckload, logistics and truckload divisions.
Swift truck
25 Jul 2014
Swift Transportation, the largest U.S. truckload operator, got even bigger in the second quarter, but potential growth was restrained, the company said, by a “challenging driver market.”

Commentary

What's the best way to celebrate National Truck Driver Appreciation Week? 1) Raise pay; 2) Start to build a more 'driver-centric' business.