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

Special Coverage

An unexpected economic detour 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.

News & Analysis

02 Dec 2016
A stronger-than-expected third quarter for the US economy bolstered trucking employment, but trucking hiring is still knocking against a ceiling.
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.