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

Truckload carrier U.S. Xpress is offering a big pay hike to accident- and ticket-free solo truck drivers, a route other trucking companies may choose in 2016.

News & Analysis

08 Feb 2016
XPO Logistics will not sell its truckload division, but use the former Con-way Truckload to increase its U.S.-Mexico cross-border business.
01 Feb 2016
The JOC Truckload Capacity Index contracted for the first time in eight quarters, reflecting efforts to better match capacity and demand by large carriers, many of which expect capacity to tighten in the second half of 2016.
29 Jan 2016
XPO Logistics is moving rapidly to reorganize the less-than-truckload business acquired from Con-way last fall, cutting back-office and management positions while rolling out new technology for dockworkers and truck drivers.
29 Jan 2016
Landstar System expanded its capacity in the fourth quarter to its highest level yet, 9,500 owner-operated tractor-trailers. A softer freight market meant lower revenue per truckload, however.
29 Jan 2016
Despite a slower-moving U.S. economy, truckload operator Werner Enterprises
27 Jan 2016
Despite an alleged "freight recession," Covenant Transportation Group increased freight revenue 10.8 percent in the fourth quarter, as e-commerce generated a peak-season shipping surge in that benefited the truckload group, which provides capacity to other carriers as well as shippers.

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.