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

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 on a US highway.
22 Jan 2019
The US trucking industry is evolving faster than ever.
Knight-Swift Transportation.
17 Jan 2019
Knight-Swift projects higher fourth-quarter, first-quarter earnings, but analysts are not doing the same for 2019 truckload pricing forecasts.
A truck travels on a US road.
15 Jan 2019
Even owner-operators work under ‘contracts of employment,’ the US Supreme Court said, which means claims of misclassification, ‘stolen wages,’ can’t be forced into arbitration.
A truck travels on a US road.
14 Jan 2019
Long delays in CDL skills tests in some states discourage potential drivers and create a ‘hidden’ drain on capacity.
YRC Worldwide.
11 Jan 2019
For the first time in a decade, LTL operator YRC Worldwide enters contract talks without an existential threat to its survival looming.
A truck travels in Canada.
10 Jan 2019
Trucking companies want Ontario to allow overseas recruitment of truck drivers; the union says raise wages.

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.

More Commentary