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

26 May 2016
By many accounts, the U.S. is in a freight recession. So why are regional less-than-truckload carriers building terminals, expanding into new territories and adding customers?
04 Feb 2016
ABF Freight, the less-than-truckload arm of ArcBest, laid off more than 200 dock and yard workers as LTL shipments and tonnage dropped in the fourth quarter. ArcBest's asset-light businesses saw volumes rise in the same period.
01 Feb 2016
The battle to recruit and keep truck drivers is heating up. As driver turnover at large truckload fleets spikes, more and more carriers are offering targeted pay increases.
01 Feb 2016
The JOC Truckload Capacity Index contracted for the first time in eight quarters, reflecting efforts to better match capacity and demand by large carriers, many of which expect capacity to tighten in the second half of 2016.
29 Jan 2016
XPO Logistics is moving rapidly to reorganize the less-than-truckload business acquired from Con-way last fall, cutting back-office and management positions while rolling out new technology for dockworkers and truck drivers.
29 Jan 2016
Landstar System expanded its capacity in the fourth quarter to its highest level yet, 9,500 owner-operated tractor-trailers. A softer freight market meant lower revenue per truckload, however.

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.

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.