Top 25 Truckload Companies

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

The largest domestic truckload and less-than-truckload (LTL) carriers reported double-digit percentage revenue gains in 2018 thanks to strong US economic growth and the tightest trucking market on record.

News & Analysis

04 Sep 2019
Truck drivers are being detained longer during pickups and deliveries, cutting into their driving time and adding to shipping costs, despite efforts by “shippers of choice” to speed those drivers through their gates, a study by the American Transportation Research Institute (ATRI) finds.
30 Aug 2019
Businesses rush to position goods and assets in Florida as rail and trucking operations race against the clock ahead of Hurricane Dorian’s landfall.
28 Aug 2019
The number of US trucking companies rose by more than 21,000 in the year between June 2018 and this June, even as low spot-market pricing increased pressure on smaller fleets.
15 Aug 2019
After a rise in domestic US trucking rates in June offered a glimmer of hope, the numbers and commentary show a return to sluggish shipping conditions in the previous 45 days.
05 Aug 2019
The long-term outlook for truckers, and their shipper customers, is blurred by the fog of trade wars, but 2020 will bring changes.
29 Jul 2019
Large US truckload carriers are cutting excess capacity, albeit only slightly, pulling the JOC Truckload Capacity Index down for the first time since 2016.

Commentary

The electronic logging device means big data analysis is possible across the trucking/logistics sphere — and that opens up a world of opportunities for improved efficiency, fleet optimization, and more.

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