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.
20 Oct 2016
Even when volumes rise, lower revenue shows impact of reduced rates and fuel surcharges at publicly owned carriers.
17 Oct 2016
Quarterly net profit dropped at the third-largest trucking operator for the first time since early 2014, thanks to lower truckload and intermodal rates. Dedicated is an exception.
12 Oct 2016
Shorter fulfillment cycles are pushing UPS to expand its fastest package and freight services to new countries.
10 Oct 2016
Schneider National, family-owned since 1935, plans a financial lane change in 2017.
06 Oct 2016
XPO Logistics will spend $425 million this year on technology to get the most out of diverse international operations and optimize customer supply chains, says CEO Bradley S. Jacobs.

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.