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

25 May 2017
LTL operator's chief customer officer says his company and others need to change "mindset," work with customers to avoid disruption in the Amazon era.
27 Apr 2017
Higher industrial output helped increase the frequency and weight of LTL shipments in the first quarter at Old Dominion Freight Line.
25 Apr 2017
More shippers are putting freight lanes up for bid, Covenant Transportation Group executives say.
21 Apr 2017
Spot market truckload rates are rising on higher demand, but contract rate hikes are being slowed by market uncertainty and excess capacity.
21 Apr 2017
Werner Enterprises and Heartland Express follow J.B. Hunt in reporting a rise in freight demand as the second quarter gets under way.
17 Apr 2017
Shippers and logistics operators at recent conferences didn't expect a massive capacity crunch to follow the rollout of an electronic logging mandate this year, but truckers warned there will be an impact.

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.