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.
05 Nov 2013
YRC Worldwide is asking its Teamster employees to extend their current wage concessions beyond 2015 to help secure restructured financing from its lenders.
05 Nov 2013
Vitran is putting a buffer between its profitable Canadian trucking operations and any unwelcome suitors, adopting a “shareholder rights plan” designed to slow or ward off any unsolicited bids.
J.B. Hunt intermodal
01 Nov 2013
Trucking’s early third quarter earnings reports looked better than might be expected in a sluggish and inconsistent economy. That’s largely because the first publicly owned motor carriers past the quarterly post took advantage of opportunities to move more freight by intermodal rail, diversified their over-the-road services and, most important, protected profit margins in the quarter.
Con-way Freight truck
31 Oct 2013
Con-way increased net profit 21 percent year-over-year in the third quarter to $30.6 million, despite a slight drop in overall revenue from a year ago to $1.4 billion.
ABF truck.
31 Oct 2013
After months of difficult negotiations over regional supplements, ABF Freight Systems has a new five-year contract with the Teamsters and a 7 percent wage cut, effective Nov. 3.

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.