Top 50 Trucking Companies

Economic deceleration slammed the brakes on revenue growth at the largest U.S. trucking companies in 2015, sending many companies down the financial equivalent of a runaway truck ramp as inventories piled up, fuel surcharges dropped and freight demand slumped.

Year-over-year revenue fell in 2015 at 26 of the enterprises that made JOC.com list of Top 50 Trucking Companies, a sudden and sharp reversal from strong market growth in 2014, when revenue declined at only two carriers and grew by double-digits at 25 others.

Total Top 50 combined revenue increased only 3.1 percent from 2014, to $122.1 billion, compared with a 9.1 percent increase to $118.4 billion in 2014. That’s the slowest annual growth rate for the Top 50 trucking firms since the end of the recession in 2009, SJ Consulting Group said.

JOC.com and SJ Consulting Group annually rank the 50 largest U.S. trucking companies and track the group’s progress. This special topic page delivers the most recent JOC coverage of these 50 carriers.

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

News & Analysis

29 Jul 2016
Despite an uptick in volume in July, trucking executives see a long road ahead before truckload rates rise.
28 Jul 2016
The slight year-over-year drop in quarterly revenue was the first for ODFL since 2009.
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.

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.

Video

Senior Editor Bill Cassidy interviews YRC Worldwide CEO James Welch, who is getting closer to his goal of returning the troubled less-than-truckload operator to profitability.