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

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.
09 Nov 2016
The much-rumored truckload capacity crunch hasn't been canceled but simply postponed for a year or less by low economic growth, speakers at the 2016 JOC Inland Distribution Conference said.
US shippers surveyed by the JOC, NASSTRAC, and Truckstop.com held a wide range of views on the probability of surface transportation pricing and volume increases in the coming months.
08 Nov 2016
US shippers surveyed by the JOC, NASSTRAC, and Truckstop.com expect slightly higher freight volumes over the next six months, but mostly flat rates — except truckload rates.
04 Nov 2016
Truckload companies USA Truck and Celadon Group are not waiting for a recovery in the truckload market to materialize and pull them out of the red, instead working to get into the black with a stronger focus on their asset-light brokerage businesses.
04 Nov 2016
Trucking is doing better at hiring workers than previous employment data suggested, but still is bumping against a "hiring ceiling."

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.