Top 25 Truckload Companies

The 25 largest U.S. truckload carriers increased their combined dropped 2.3 percent to $27.2 billion last year, according to The Journal of Commerce’s 2016 list of the Top 25 TL Carriers, prepared by SJ Consulting Group. That compares with an 8 percent increase in 2014, when those truckers had $27.8 billion in sales. Nineteen of the Top 25 Truckload Carriers saw revenue decline, as lower demand, surging capacity and falling fueling surcharges took a bite out of their business. A truck-buying spree in late 2014 and early 2015 drove up capacity levels, making rate hikes more difficult for carriers. 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.

 

 

2015 Rankings

 

Interactive 2014 Rankings

Special Coverage

Sandbagged by lower demand, surging capacity and falling fuel surcharges, 19 of the 25 largest U.S. truckload carriers saw revenue decline in 2015. Overall, the combined revenue of the Top 25 Truckload Carriers dropped 2.3 percent to $27.2 billion, according to SJ Consulting Group.

News & Analysis

13 Jan 2017
Trucking companies that lease equipment to drivers and treat them as owner-operators need to review their practices in light of a decision that classified drivers who leased equipment from Swift Transportation as employees.
05 Jan 2017
Schneider National and heavy-haul flatbed specialist Daseke Inc. plan to go public in 2017, seeking new routes to financing.
Trucking companies say that rolling back of some hours-of-service requirements will restore productivity lost when they were put in place.
13 Dec 2016
As the Obama administration winds down, federal regulators are rolling out some long-awaited trucking safety rules, while Congress legislates driver hours of service. Some groups would like president-elect Trump to block pending rules.
08 Dec 2016
Truck driver pay is beginning to rise as truckload freight demand picks up.
02 Dec 2016
A stronger-than-expected third quarter for the US economy bolstered trucking employment, but trucking hiring is still knocking against a ceiling.
17 Nov 2016
Higher spot-market truck rates and volumes are pushing up the DAT Freight Index at a point in the year when it traditionally would fall.

Commentary

Despite the calm market in early 2016, a storm is forming that is going to hit the trucking industry. New regulations coming into play in the next several months and the increasing influence of a major retailer are prepped to cause significant turbulence in the U.S. trucking market.