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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.

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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

US Xpress Enterprises.
07 May 2018
As freight demand and the need for capital rises, the fifth-largest US truckload operator plans a route back to Wall Street to fund growth.
Truck on a US road.
09 Apr 2018
Full enforcement of the electronic logging device mandate began April 1, but inspectors issued a slew of violations in early 2018, federal data show.
A truck travels on a US road.
30 Mar 2018
Freight brokers with less than $16 million in annual revenue saw shipments jump 20.5 percent in the fourth quarter, but higher truck rates put pressure on margins.
Werner reports strong demand for freight servics — and means rates are headed higher.
30 Jan 2018
US shippers and other e-commerce parties take note: freight demand, still strong in January, will raise contract rates in the coming quarters, truckload carrier Werner Enterprises has warned.
10 Jan 2018
The need for better visibility to make smarter decisions, along with better coordinating of train switching and traffic flows on local roads, comes as North American port volume rises.
10 Jan 2018
Businesses will be watching spot rates closely in the next few weeks to see if demand and capacity move back toward an equilibrium.

Commentary

Using predictive analytics, the Port of Montreal this year will alert drayage drivers when it looks as if truck turn times will be long, and use data collected on terminal gate movements to lessen the impact of rail switching on trucks.

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