Top 25 Truckload Companies

In 2017, the 25 largest truckload carriers in the US increased their combined revenue 5.4 percent to nearly $28 billion, as freight demand quickened in the second half of the year. Revenue increased at 20 of the Top 25 Truckload Carriers last year, compared with 10 in 2016, a sign truckload carriers pulled out of the economic mire that slowed them in 2015 and 2016.

Acquisitions helped power growth among the largest truckload carriers, boosting revenue significantly at heavy-haul specialist Daseke and dry van carrier CRST International. If 2018 continues as strong as it began, and they can find and hire qualified truck drivers, the largest truckload carriers are likely to pull even with their faster-growing LTL counterparts.

Key stories in TL:

 

 

Special Coverage

A truck travels on a US road.
After two years in an economic rut, US trucking accelerated in 2017, led by less-than-truckload carriers before truckload carriers merged into the same fast lane later in the year.

News & Analysis

A truck travels in Chicago, Illinois, United States.
07 Nov 2018
At the recently completed JOC Inland Distribution Conference 2018 in Illinois, shippers and executives received a clear message concerning the economy and their shipping plan, among other insights.
A Manitoulin truck.
06 Nov 2018
The addition of Express Havre St-Pierre helps 'build out' Manitoulin Transport's truckload and LTL service map in Quebec, especially in the province's rural areas, and complements its westward expansion.
A truck travels in South Dakota, United States.
05 Nov 2018
The number of for-hire US trucking employees skyrocketed in the first 10 months of 2018, fueled by freight demand, but large trucking operators are short truck drivers in a tight labor market.
Trucks parked in Louisiana, United States.
02 Nov 2018
If shippers reorganized efficiently and put an end to procurement teams focused solely on price and transactions instead of supply chain efficiency, we would have more drivers available and motivated to take time to train and become more valuable as well as get paid more.
A truck travels in a city in the United States.
31 Oct 2018
Shippers came to the JOC Inland Distribution Conference on Oct. 22-24 in Oak Brook, Illinois, to connect with carriers and third-party logistics providers, discuss problems, and get a sense of where the market is headed. But if they came hoping to hear that a buyer’s market in US transportation is around the corner, they were sorely disappointed.
A truck travels on a US highway.
30 Oct 2018
In an era of tight US capacity and rising freight costs, shippers need a more ‘holistic’ approach to supply chain visibility, speakers at the JOC Logistics Technology Conference say.

Commentary

What will the US trucking capacity situation be in five years? Will it be tighter than today, looser, or about the same? A show of hands to those questions at a panel — which I moderated at the Council of Supply Chain Management Professional’s 2018 Edge Conference — revealed most expect further tightness come 2023. Fundamentally, yours truly does not fully agree. 

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