Top 50 Trucking Companies

Economic deceleration slammed the brakes on revenue growth at the largest U.S. trucking companies in 2015, sending many companies down the financial equivalent of a runaway truck ramp as inventories piled up, fuel surcharges dropped and freight demand slumped.

Year-over-year revenue fell in 2015 at 26 of the enterprises that made JOC.com list of Top 50 Trucking Companies, a sudden and sharp reversal from strong market growth in 2014, when revenue declined at only two carriers and grew by double-digits at 25 others.

Total Top 50 combined revenue increased only 3.1 percent from 2014, to $122.1 billion, compared with a 9.1 percent increase to $118.4 billion in 2014. That’s the slowest annual growth rate for the Top 50 trucking firms since the end of the recession in 2009, SJ Consulting Group said.

JOC.com and SJ Consulting Group annually rank the 50 largest U.S. trucking companies and track the group’s progress. This special topic page delivers the most recent JOC coverage of these 50 carriers.

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

Special Coverage

An unexpected economic detour slammed the brakes on revenue growth at the largest U.S. trucking companies in 2015, sending many companies down the financial equivalent of a runaway truck ramp as inventories piled up, fuel surcharges dropped and freight demand slumped.

News & Analysis

02 Dec 2016
A stronger-than-expected third quarter for the US economy bolstered trucking employment, but trucking hiring is still knocking against a ceiling.
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.