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.
23 Apr 2015
The Teamsters union lost another round in its terminal-by-terminal organizing battle with Con-way Freight, the second-largest U.S. less-than-truckload carrier. To date, the union has three victories and six losses — not counting two terminals where the Teamsters withdrew an election petition.
22 Apr 2015
The Cass Truckload Linehaul Index rose 5.1 percent year-over-year in March and climbed 2.3 percent from February, a sign of healthy freight demand at the end of the first quarter.
22 Apr 2015
Werner Enterprises easily passed a slow-moving economy in the first quarter, increasing trucking revenue 6 percent and net profit 61 percent. Freight demand remains strong in April, the company said.
21 Apr 2015
Truck tonnage increased in March after a February fall, riding a wave of stronger consumer confidence, retail sales and U.S. imports.
20 Apr 2015
Con-way Truckload is purchasing 635 new tractors with automated manual transmissions in a bid to attract drivers — especially new recruits.

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.