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 2014 Rankings

Top 25 LTL 2014: Revenue up 9.1 percent for 25 largest LTL carriers

Top 50 2013: Top 50 trucking companies rode their brakes in 2013

Top 50 2012: A first: Top 50 trucking revenue exceeds $100 billion

Top 50 2013 Rankings

Top 50 2012 Rankings

Special Coverage

ACT Research expects the number of active Class 8 tractors in the U.S. to climb from 1.35 million last year to 1.43 million this year, but faster economic growth and a driver shortage could blunt any advantage for shippers.

News & Analysis

21 May 2015
Old Dominion Freight Line promoted veteran executive Greg C. Gantt to president, while David S. Congdon remains CEO and takes on added responsibilities as vice chairman of the company's board.
04 Nov 2014
Less-than-truckload carrier ABF Freight System is gaining more freight from competing modes as truckload capacity tightens and intermodal service problems frustrate shippers.
03 Nov 2014
The Teamsters union won a representation election at a New Jersey FedEx Freight terminal Oct. 31, but called off another vote at a less-than-truckload terminal in Pennsylvania.
31 Oct 2014
Celadon Trucking put more drivers on U.S. highways in the last quarter, and those truckers brought back more revenue and profits for the carrier.
31 Oct 2014
Higher rates and better utilization of its terminals, trucks and drivers are helping Con-way Freight, the second-largest less-than-truckload carrier, significantly increase profits.
31 Oct 2014
The wave of stronger economic activity that produced freight for truckload and less-than-truckload carriers alike in the third quarter lifted tonnage, shipments and revenue at YRC Worldwide, giving the $4.9 billion LTL company a chance to improve profitability.

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.