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

News & Analysis

Like competitor Swift Transportation, Werner is reducing its fleet capacity.
22 Jul 2016
The fifth-largest U.S. truckload carrier is cutting some shippers loose as they seek deep rate cuts in a soft market.
22 Jul 2016
Swift Transportation's efforts to control capacity weren't enough to stave off a decline in earnings.
21 Jul 2016
A drop in spot rates and sluggish economy bit into revenue and profit at the fourth-largest U.S. truckload carrier.
Dedicated trucking makes up 8 percent more of Marten Transport's business mix than it did at this time last year.
20 Jul 2016
General truckload and intermodal sales softened, but Marten's dedicated division increased revenue by double digits.
High inventories continue to drag on demand for trucking and transportation services.
19 Jul 2016
Tonnage drops in June despite other improving indicators for trucking.
Although intermodal volume at U.S. railroads fell 2.7 percent year-over-year in the first half, J.B. Hunt managed to increase intermodal volume 12 percent and 9 percent in the first two quarters.
18 Jul 2016
Second-quarter results show $6.2 billion J.B. Hunt is spending to build intermodal, truck volume, revenue.

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.