Top 25 Truckload Carriers

Top 25 Truckload Carriers

The 25 largest U.S. truckload carriers increased their combined revenue by 8 percent to $27.8 billion last year, according to The Journal of Commerce’s 2015 list of the Top 25 TL Carriers, prepared by SJ Consulting. That compares with a 0.6 percent increase in 2013, when those truckers had $25.7 billion in sales, according to SJ Consulting. Seven of the 25 boosted revenue by double digits, compared with three carriers in 2013. The “floor” of the rankings rose above the $500 million mark for the first time, as no truckload carriers with less than $500 million in revenue made the SJ Consulting rankings in 2014.

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.

 

2014 Rankings

 

Interactive 2013 Rankings

Special Coverage

Veteran transportation executive Hank Bartos will temporarily run Con-way Truckload as Con-way seeks a permanent candidate to run the $632 million carrier.

News & Analysis

30 Jun 2015
The Michigan-based truckload carrier expects lower second quarter revenue than a year ago but better revenue than in the first quarter as the freight economy slowly expands.
26 Jun 2015
Truckload and less-than-truckload pricing expected to rise more quickly than freight volumes, as carriers seek to counter rising operating costs and shippers look to secure capacity.
16 Jun 2015
Joe Dagnese is moving from Con-way Truckload to become president of Con-way Freight, replacing Greg Lehmkuhl, who has left the company.
11 Jun 2015
The U.S. economy is soft, truck capacity is more readily available, but contract truck rates are headed up, not down as one might expect. That’s because truck capacity is about to get much tighter, driving up truck utilization, transportation economist Noël Perry said.
11 Jun 2015
Slower economic growth helped pull down U.S. spot market truck shipments in May 1.7 percent from April, pushing rates down as well. Volumes remain seasonally strong compared with almost any year but last year, DAT Solutions said.
21 May 2015
Contract truckload rates are defying economic gravity, rising in April when truck tonnage and spot market rates slipped. The cause: capacity. Shippers apparently are willing to pay more to secure it for the long-term.

Commentary

Less-than-truckload growth accelerated in a big way in 2014 as total market revenue grew 7.5 percent to a record $35.4 billion. After years of losing share to parcel and truckload carriers, it seems the LTL industry is finally regaining some of its old business.