Top 25 Truckload Companies

Top 25 truckload carriers by revenue

US truck freight recession is here, but not to stay: SMC3 

William B. Cassidy, Senior Editor | Jan 23, 2023, 5:13 PM EST

Truckload and LTL freight volumes have dropped, but a turn will come sometime in mid-2023, industry executives said at the SMC3 Jumpstart conference in Atlanta.
SurfaceTruckingLTL

US truckload spot market nearing its floor: analysts

William B. Cassidy, Senior Editor | Jan 19, 2023, 2:52 AM EST

US dry-van spot rates appear to be stabilizing, but contract rates are dropping by double-digit percentages as new pricing and service agreements take effect.
SurfaceTruckingTruckload

Decline in US for-hire truck tonnage gains speed

William B. Cassidy, Senior Editor | Dec 20, 2022, 1:35 PM EST

Truck freight demand is falling closer to 2021 levels as 2022 draws toward its close, putting more pressure on truckload and LTL rates.
SurfaceTruckingLTLTruckload

JOC Truckload Capacity Index dipped in Q3, but demand remains robust

William B. Cassidy, Senior Editor | Nov 7, 2022, 4:54 PM EST

After rising strongly from the third quarter of 2021 through the second quarter of this year, the JOC Truckload Capacity Index dropped slightly last quarter, but demand for equipment is still high.
Truckload

Werner buys truckload brokerage ReedTMS

William B. Cassidy, Senior Editor | Nov 7, 2022, 2:18 PM EST

The acquisition of ReedTMS Logistics not only expands Werner’s brokerage reach, it also delivers shipper customers in the staple food and beverage industries.
Truck brokersTruckload

US truck capacity shifting as spot rates drop

William B. Cassidy, Senior Editor | Nov 4, 2022, 5:11 PM EDT

US truckload capacity isn’t so much declining as it is shifting, according to data, and that will pose challenges to shippers and carriers trying to access trucks, trailers, and drivers.
LTLTruck brokersTruckload

US trucking jobs rebounded to all-time high in October

William B. Cassidy, Senior Editor | Nov 4, 2022, 3:45 PM EDT

For-hire trucking companies added almost 20,000 jobs last month, erasing September’s payroll cut as capacity shifts between trucking sectors.
LTLTrucking labor

US trucking market on rough road to ‘equilibrium’

William B. Cassidy, Senior Editor | Nov 1, 2022, 3:18 PM EDT

Regional stress is running through US truckload markets as demand softens, with price and capacity fluctuations that challenge shippers and carriers.
Truck brokersTruckload

Strong trucking earnings temper shift in pricing power

William B. Cassidy, Senior Editor | Oct 20, 2022, 5:02 PM EDT

US shippers will win transportation savings in 2023 bids, but large truckload carriers haven’t lost all pricing muscle.
Truckload

US LTL costs rose in September after summer decline

William B. Cassidy, Senior Editor | Oct 12, 2022, 1:31 PM EDT

LTL costs to shippers rose 0.3 percent in September and were up 15 percent year over year while truckload costs declined more slowly, according to the latest US producer price index.
TruckingLTL

International logistics providers targeting US trucking

William B. Cassidy, Senior Editor | Oct 11, 2022, 4:22 PM EDT

US shippers should expect more international acquisitions of domestic US trucking operations as logistics companies work to provide more end-to-end services and visibility.
Truckload

US for-hire trucking employment takes a plunge

William B. Cassidy, Senior Editor | Oct 7, 2022, 4:09 PM EDT

Real, unadjusted jobs in trucking dropped by 21,200 in September, an unusually high number, as contract and spot truckload rates declined.
LTLTruck brokersTruckload

US truck shippers rethinking spot strategy: analysts

William B. Cassidy, Senior Editor | Oct 5, 2022, 4:02 PM EDT

More shippers are returning to the truckload spot market as rates drop, but experts say they’re using that market more strategically than ever before to reduce transportation costs.
Truck brokersTruckload

Truck tonnage surge shows crack in freight gridlock

William B. Cassidy, Senior Editor | Sep 21, 2022, 1:37 PM EDT

US for-hire truck tonnage jumped 2.8 percent in August from July, according to the American Trucking Associations, as consumers and the US economy remained resilient despite inflation.
TruckingLTLTruck brokers

Spot truckload rates dropping from US ports

William B. Cassidy, Senior Editor | Sep 9, 2022, 4:41 PM EDT

The decline in outbound per-mile spot rates from US ports dropped more than the US average in August as normal seasonality and abnormal gridlock crimped demand, a JOC analysis shows.
Truckload

US Xpress reorganizes, emphasizing contract business

William B. Cassidy, Senior Editor | Sep 8, 2022, 5:26 PM EDT

Stung by lower tractor utilization rates and rising costs, truckload carrier US Xpress pares back its technology team and real estate, and focuses on adding truckload contract business.
Truckload

US transport hiring rises, but not at warehouses

William B. Cassidy, Senior Editor | Sep 2, 2022, 4:59 PM EDT

While trucking makes hiring gains in the US, unadjusted warehousing and storage employment has fallen in four of the past five months, contributing to supply chain bottlenecks.
Trucking labor

July US truck tonnage at ‘elevated levels’: ATA

William B. Cassidy, Senior Editor | Aug 23, 2022, 4:52 PM EDT

The American Trucking Associations reports truck tonnage levels were still high in July, running counter to reports that trucking demand is weakening ahead of the fourth quarter.
LTLTruckload

Heartland doubles revenue stream with deal for CFI units

William B. Cassidy, Senior Editor | Aug 22, 2022, 4:48 PM EDT

The largest truckload acquisition to date this year would put Heartland at about 11th on the Top 25 Truckload Carrier rankings prepared for JOC.com.
Truckload

Demand drives JOC Truckload Capacity Index to record high

William B. Cassidy, Senior Editor | Aug 18, 2022, 8:49 AM EDT

Large truckload carriers are adding capacity, whether by purchasing trucks or acquiring trucking companies, and that's pushing the JOC Truckload Capacity Index to its highest level ever.
Truckload