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

30 Jan 2015
The largest U.S. truckload carrier could add 700 to 1,100 trucks this year, if higher rates, higher freight demand and higher pay keep drivers in truck cabs.
28 Jan 2015
Low fuel prices and intermodal improvements delivered record fourth-quarter profits to Marten Transport, as the refrigerated carrier got more money out of its rolling assets.
25 Jan 2015
The U.S. average spot rate for a dry van truck on DAT load boards dropped below $2 per mile last week for the fist time since May, as a slower post-holiday freight season began.
23 Jan 2015
Higher rates, better utilization, more drivers and new holiday business meant more revenue and profit for Covenant Transportation in 2014.
22 Jan 2015
Three straight quarters of stronger U.S.
12 Dec 2014
Truckload carriers are increasingly optimistic about 2015, with 76 percent expecting freight volumes to increase and 86 percent forecasting higher rates, according to a Transport Capital Partners survey.

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.