Top 50 Trucking Companies

Top 50 Trucking Companies

Special Coverage

Top 50 trucking companies
The United States’ largest trucking companies kept tapping their brakes in 2013, slowing revenue growth for the second consecutive year as the economic recovery remained a modest one.

News & Analysis

02 Sep 2014
Chemical manufacturers are learning that if they build new U.S. facilities, Quality Distribution will come calling. The second-largest bulk trucking operator by revenue, Quality and its subsidiaries are in the midst of an expansion driven by increased U.S. chemical production.
YRC Freight trucks
10 Dec 2013
James Welch has his work cut out for him. Over the next month, the CEO of YRC Worldwide and president of YRC Freight must convince 26,000 Teamsters to extend wage and benefits cuts they agreed to in 2010 another four years. Welch also needs to get them onboard with new concessions, including greater use of subcontractors and utility workers.
10 Dec 2013
YRC Worldwide is seeking more than an extension of current concessions in its proposal to Teamster employees.
Vitran truck
10 Dec 2013
Canadian trucking operator Manitoulin Transport will acquire Toronto-based less-than-truckload company Vitran for $128 million, including $29 million in debt, the companies said Dec. 9.
YRC Freight truck
06 Dec 2013
YRC Worldwide’s Teamsters employees will decide whether to extend wage concessions until March 2019, helping the trucking giant to refinance its debt and avoid bankruptcy.
04 Dec 2013
Stronger than expected demand pushed up tonnage and revenue at Old Dominion Freight Line in October and November, raising hopes for a quicker-paced fourth quarter recovery.

Commentary

Better operating margins are finally on the horizon for the less-than-truckload industry. LTL profitability has been dismal for years, with most large carriers reporting operating ratios above 95.

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.