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

News & Analysis

21 Apr 2017
Spot market truckload rates are rising on higher demand, but contract rate hikes are being slowed by market uncertainty and excess capacity.
28 Oct 2016
Despite a "soft industrial backdrop" and lower fuel surcharges and revenue, less-than-truckload carrier YRC Freight raised profits nearly 25 percent year-over-year in the third quarter and opened a new terminal.
27 Oct 2016
As e-commerce volumes rise, UPS is adding more capacity.
Saia has expansion on the mind despite a fall in LTL shipment volume in the third quarter.
26 Oct 2016
Cranking up profits and gaining freight, the multiregional less-than-truckload carrier looks to fill one of the last large gaps in its coverage.
24 Oct 2016
The largest US truckload carrier cut more than 1,600 tractors from its overal fleet in the past year, but added 130 trucks to its dedicated business, which increased revenue and profit.
21 Oct 2016
Old Dominion Freight Lines avoided damage and used technology and phones to keep close contact with customers as storm and flooding pummeled its home state.

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.