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

News & Analysis

24 Apr 2015
Large, diversified truckload carriers found detours around the "soft patch" in the U.S. economy during the first quarter, with most increasing revenue and profit. A lack of drivers may have held back some companies.
22 Apr 2015
The Cass Truckload Linehaul Index rose 5.1 percent year-over-year in March and climbed 2.3 percent from February, a sign of healthy freight demand at the end of the first quarter.
22 Apr 2015
Werner Enterprises easily passed a slow-moving economy in the first quarter, increasing trucking revenue 6 percent and net profit 61 percent. Freight demand remains strong in April, the company said.
21 Apr 2015
Truck tonnage increased in March after a February fall, riding a wave of stronger consumer confidence, retail sales and U.S. imports.
20 Apr 2015
Con-way Truckload is purchasing 635 new tractors with automated manual transmissions in a bid to attract drivers — especially new recruits.
14 Apr 2015
The pace of truck rate increases could slow this year, if manufacturing continues to grow slowly and low energy prices deter capital investment, Wall Street analysts said. However, they see a storm coming in 2016-17.

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.