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

Special Coverage

Only half the truckload, less-than-truckload, and specialized carriers on the list increased sales in 2016.

News & Analysis

15 May 2017
Long-haul truckload operator launches final-mile service using straight trucks, team drivers.
04 Dec 2015
Transporation holding company Arcbest, the parent of ABF Freight, expanded its asset-light business by adding truckload broker Bear Transportation to fast-growing ABF Logistics.
02 Dec 2015
The surge in acquisitions keeps building, as truckload carrier Transport America, acquired last year by TransForce, buys logistics company Optimal Freight.
21 Nov 2015
Less-than-truckload shipments increased marginally in the first nine months of 2015, as freight revenue plummeted, thanks largely to the drop in fuel surcharges, SJ Consulting Group says.
18 Nov 2015
More "abundant" truck capacity hasn't diminished shipper interest in dedicated truck fleets, as hardware retailer True Value demonstrated in a new agreement with Ryder System.
17 Nov 2015
ODFL is offering some shippers a chance to ditch fuel surcharges, a step that could lead to LTL pricing more closely aligned with service and actual costs.

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.