Top 50 Trucking Companies

The largest of the large US trucking companies toiled uphill last year through the second economic slump since the end of the recession eight years ago, adding revenue and raising the combined top line of The Journal of Commerce’s Top 50 US Trucking Companies.

Only half the truckload, less-than-truckload (LTL), and specialized carriers on the list increased sales in 2016, however, as lower rates, lower fuel surcharges, and especially lower demand in a depressed retail and industrial freight market drew down revenue for the other half.

This may be the year companies in the Top 50 rankings, prepared for JOC.com by SJ Consulting Group, return to the type of growth they enjoyed in 2014, or at least something closer to it, as the US economy is expected to expand faster and more steadily this year.

 
Key Top Trucking ranking stories:

Top 50 2016 Rankings 

Top 50 2015 Rankings

Top 25 LTL 2015: Revenue up 9.1 percent for 25 largest LTL carriers

Top 50 2014: Top 50 trucking companies rode their brakes in 2013

Top 50 2013: A first: Top 50 trucking revenue exceeds $100 billion

Top 50 2014 Rankings

Top 50 2013 Rankings

Special Coverage

Only half the truckload, less-than-truckload, and specialized carriers on the list increased sales in 2016.

News & Analysis

21 Jun 2017
FedEx, undecided about whether to follow UPS in imposing holiday season surcharges, is talking with volume customers on pricing. Best advice: Avoid last-minute shipping.
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
Trucking is doing better at hiring workers than previous employment data suggested, but still is bumping against a "hiring ceiling."
03 Nov 2016
IHS Automotive data reveal a significant decline in new commercial truck registrations, especially for heavy trucks.
01 Nov 2016
When freight demand is low and rates are hard to maintain, who wants to buy a used truck? That's a problem truckload carriers face as they try to reduce their capacity to bolster pricing.
01 Nov 2016
After a US court slapped down a challenge to the federal electronic logging mandate for truck drivers, shippers need to plan for dealing with the rule.

Commentary

The average U.S. diesel pump price dropped below $2 per gallon for the first time since 2005 this week. With prices this low, perhaps its time for shippers and carriers to rethink fuel surcharges.