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

20 Jul 2017
Increased second-quarter US industrial activity, consumer confidence primes freight market, pressures rates.
06 Feb 2017
Narrowing gap between spot and contract truckload rates heightens expectations for broader price hikes.
06 Feb 2017
As larger carriers try to limit capacity to improve their pricing power, smaller companies may be rushing to fill the gap.
02 Feb 2017
A mandate many truckload carriers and drivers dread could bring more freight to less-than-truckload competitors, Old Dominion's David Congdon says.
31 Jan 2017
Rattled by the prospect of higher truck rates, shippers are looking at new negotiating strategies to protect savings.
27 Jan 2017
Two of the largest US truckload carriers report rising contract rates. As pressure on pricing slowly builds, shippers want to talk.

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.