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 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

The return of company founder C.L. Werner as chairman and CEO will help the fifth-largest U.S. truckload carrier map a long-term route, as president and COO Derek Leathers is groomed for a bigger role.

News & Analysis

27 Aug 2015
Mixed economic messages and political uncertainty put shippers and truckers on a bumpy road in the second half of 2015, speakers said during a JOC webinar. Although truck capacity is "relatively abundant" and fuel is cheap, truck rates are still rising, and shippers are eyeing new safety rules that could tighten truck capacity. It all depends on the economy.
21 Jul 2015
Strong "but not stellar" freight demand, higher rates and keen management of drivers and equipment helped generate more profit for Werner Enterprises, which is using its profits to expand capacity.
15 Jul 2015
Refrigerated trucking company Marten Transport increased its profit while adding trucks in the second quarter, as dedicated revenue rose more than 60 percent.
14 Jul 2015
The average driver turnover rate dropped suddenly in the first quarter. Have waves of wage increases paid off for carriers, or is the decline a temporary blip?
14 Jul 2015
Trucking companies such as C.R. England increasingly are using new, highly sophisticated, fuel-efficient trucks to attract drivers and as incentives for experienced drivers. Their hope is to reduce the cost of turnover and recruitment by keeping drivers behind the wheel.
26 Jun 2015
Truckload and less-than-truckload pricing expected to rise more quickly than freight volumes, as carriers seek to counter rising operating costs and shippers look to secure capacity.

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.