Top 50 Trucking Companies

Top 50 Trucking Companies

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A resurgent economy kickstarted growth at the Top 50 U.S. Trucking Companies in 2014, pushing their combined revenue up by 10 percent to $117 billion. Half the companies in the Top 50 rankings, prepared for JOC.com by SJ Consulting Group, now have more than $1 billion in revenue, compared with 12 in 2003. The Top 50 growth rate last year nearly doubled from 5.5 percent in 2013 and 6 percent in 2012 and is the third-best performance for the group, after 2004 and 2011.

JOC.com and SJ Consulting Group annually rank the top 50 trucking companies and track the group’s progress in the economic recovery. This special topic page delivers the most recent JOC coverage of these 50 carriers. The 2015 Top 50 trucking rankings will be available April 20.

Key Top Trucking ranking stories:

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

The acquisition of three companies over the past year, the latest being Stagecoach Cartage in El Paso, gives Roadrunner Transportation Systems greater access to freight on both sides of the U.S.-Mexican border.

News & Analysis

03 Sep 2015
The steep drop in fuel prices year-over-year and over the summer is driving fuel surcharges down, reducing overall spot market truck rates and putting pressure on intermodal pricing, too. DAT saw spot truck rates drop by a penny last week, although line-haul rates were unchanged, thanks to lower surcharges.
03 Aug 2015
ArcBest rode a company-wide wave of freight demand in the second quarter, with less-than-truckload carrier ABF Freight System and asset-light subsidiaries increasing revenue and profit. The asset-light businesses, however, grew faster than the asset-based LTL division.
30 Jul 2015
Old Dominion Freight Line barely downshifted as the economy slowed in early 2015, increasing revenue, profit, shipments and tonnage year-over-year in the last quarter.
30 Jul 2015
A steep drop in fuel surcharges coupled with an increase in driver wages helped drag profit and revenue down at Con-way Freight and Con-way Truckload. Menlo Logistics lost revenue, but managed to increase profit.
Celadon tractor
30 Jul 2015
A successful acquisition strategy, the opening of new driver schools and expanded capacity drove Celadon Group’s revenue to a historic high mark in the 2015 fiscal year ending June 30.
28 Jul 2015
Strong cross-border business in Europe and the highest demand for deferred package service in the U.S. in a decade helped UPS increase second quarter profits, despite falling revenue.

Commentary

J.B. Hunt grew its top line revenue by 10.4 percent in 2014 from 2013. While this mark may not be noteworthy by itself, what is unique is that this marks the fifth consecutive year J.B. Hunt increased its revenue by double digits. Only two other companies in SJ Consulting Group’s Top 50 Trucking Companies list have achieved the same feat: Kenan Advantage Group and Roadrunner, although the manner at which they went about this growth is very different.

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.