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

17 Feb 2017
More than 60 trucking groups joined to ask the new US transportation secretary to immediately rescind a key rule in the Compliance, Safety, Accountability, or CSA, initiative.
13 Feb 2017
The economic impact of a challenge to Mexican trucking in the United States is small, but the debate could fuel a growing trade dispute.
10 Feb 2017
The rapid development of safety-related technology for trucks will speed autonomous trucking, Ryder's chief technology officer says.
06 Feb 2017
Narrowing gap between spot and contract truckload rates heightens expectations for broader price hikes.
06 Feb 2017
As larger carriers try to limit capacity to improve their pricing power, smaller companies may be rushing to fill the gap.
02 Feb 2017
A mandate many truckload carriers and drivers dread could bring more freight to less-than-truckload competitors, Old Dominion's David Congdon 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.