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

26 Apr 2016
U.S. shippers and trucking companies ride a pricing 'roller coaster' with more stomach-punishing ups and downs than the Coney Island Cyclone. Derek Leathers, president and COO of Werner Enterprises, would like to shut the ride down.
24 Apr 2016
A strong surge in dedicated trucking business helped balance falling fuel surcharges for Marten Transport in the first quarter. The trucker bucked trends and increased revenue.
21 Apr 2016
Swift Transportation plans to cut another 200 tractors from its massive fleet to counter softer demand and truck pricing.
21 Apr 2016
Despite handling higher freight volumes across the board in the first quarter, revenue dropped at Landstar System, underscoring the effect of lower truck pricing on trucking’s top carriers.
21 Apr 2016
Werner Enterprises' first-quarter revenue dropped 3 percent year-over-year to $482.8 million because of lower fuel surcharges and a "challenging" rate market.
20 Apr 2016
Capacity is beginning to exit the trucking market, a trend that will accelerate by the second half of the year, the president of Knight Transportation says.

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.