Top 50 Trucking Companies

Top 50 Trucking Companies

Strong domestic economic growth and the tightest trucking market on record translated into double-digit percentage gains for the top 50 US truckload and less-than-truckload (LTL) operators in 2018.

JOC.com’s annual Top 50 Trucking Companies, Top 25 Truckload Carriers and Top 25 LTL Carriers rankings are assembled by SJ Consulting Group using company financial reports and SJ Consulting Group estimates and analyzed by JOC editors. Revenue figures are expressed in millions of US dollars. Truckload revenue figures may include less than 10 percent for LTL and other services, and LTL revenue may include less than 10 percent for truckload and other services.

Key Top Trucking ranking stories:

Top 50 Trucking Companies 2019

Top 50 Trucking Companies 2018

Trucking searches for 2020 vision

Top 50 Trucking Companies 2017

Top 50 Trucking Companies 2016

Top 50 Trucking Companies 2015 

Top 50 Trucking Companies 2014

Top 50 Trucking Companies 2013

Special Coverage

Top 50 Trucking Companies 2019
The 50 largest US trucking operators in the United States saw revenue growth throttle back considerably in 2019, but 2020 is shaping up to be even worse.

News & Analysis

02 Dec 2020
XPO Logistics will be spun off into two separate businesses, one solely focused on US transportation and the other focusing on US and European contract logistics.
02 Dec 2020
US shippers’ acute need for truck capacity is driving activity in the dedicated contract carriage market, including Penske Logistics’ acquisition of Black Horse Carriers.
20 Nov 2020
The 95-year-old founder of A-P-A Transport helped define LTL trucking in the regulatory era, before establishing NY Waterway.
17 Nov 2020
Shippers will need to look not just at multiple transportation modes, but across modes, to secure capacity in 2021, digital broker Loadsmart said.
13 Nov 2020
Higher pay is just a starting point for the solution to a resurgent driver shortage, J.B. Hunt’s Shelley Simpson tells the JOC Inland Distribution Webcast. Greater efficiencies, more shipper cooperation are key to improving driver jobs.
12 Nov 2020
As contract freight volumes begin to rise year over year, more pressure will come to bear on contract truckload rates, DAT’s Chris Caplice told the JOC Inland Distribution Webcast.
06 Nov 2020
The number of new operating authorities issued to US trucking companies is surging alongside imports, but that doesn’t necessarily mean truckload capacity is increasing.
05 Nov 2020
An ‘insatiable demand’ for truck capacity and a US loan are helping LTL operator YRC Worldwide expand capacity and intermodal services in the Central-South.
05 Nov 2020
Rebid freight now or wait for what may be a calmer first quarter? That’s the question US truck shippers face, Echo Global Logistics chairman and CEO Doug Waggoner says.
03 Nov 2020
Capacity remains king in the US truckload market, as larger carriers face challenges hiring company drivers and owner-operators seek independent opportunities.
26 Oct 2020
More large goods are being sold online and delivered by LTL carriers such as Southeastern Freight Lines, as retailers seek multiple capacity options to reach consumers
14 Oct 2020
The long run-up in spot market truckload rates and truck freight demand may be reaching its peak, but don’t expect a quick descent, speakers at the Transplace Shipper Symposium said Wednesday.
13 Oct 2020
An analysis of shipper transaction data shows a marked slowing of spot market rate hikes in September after a turbulent summer, perhaps pumping the brakes on the rise of contract rates
12 Oct 2020
This year’s peak season promises to be tumultuous, but 2021 could be just as difficult for shippers as 2020.
08 Oct 2020
As capacity tightens at the US-Mexico border, truckload carrier CFI is building a series of consolidation centers to expand its efforts to capture Mexico-bound less-than-truckload freight and provide shippers with more capacity.
07 Oct 2020
Logistics executives do not expect spot truckload rates to soar much higher, but they do not think they will drop either, forcing shippers to collaborate more.
05 Oct 2020
A substantial increase in heavy truck orders in September begs the question: Who will drive those trucks? Trucking employment is improving, but still down 4.7 percent year over year.
01 Oct 2020
The new rate differential tracked by DAT chief scientist Chris Caplice is rising at a faster pace, a sign that shippers will see a greater increase in truckload contract rates.
30 Sep 2020
Shippers moving to mini-bids as truck capacity tightens need more detailed and near-real-time data to match freight lanes and tractor-trailers.
28 Sep 2020
Rising local trucking employment in the US and higher pricing highlights a shifting balance in transportation networks accelerated by double-digit growth in e-commerce sales.
24 Sep 2020
US shippers are returning to the ‘shipper of choice’ model as a peak season unlike any other looms ahead, trucking executives told the virtual CSCMP 2020 Edge conference this week.
22 Sep 2020
A new service from C.H. Robinson could replace the annual truckload bidding process with a more dynamic approach to procuring trucks and increasing savings across networks of freight lanes.
18 Sep 2020
Large truckload carriers made their deepest capacity cuts in a decade in the second quarter, the JOC Truckload Capacity Index shows; they’re not likely to restore capacity quickly.
17 Sep 2020
A new integrated distribution center just outside Hagerstown, Maryland, will position regional LTL carrier A. Duie Pyle for greater growth in Virginia and along the I-70 and I-81 corridors as freight demand approaches 2019 levels.
16 Sep 2020
The acquisition of CLW Delivery gives expedited trucking operator Forward Air custom final-mile delivery services and new territory, as its LTL and final-mile businesses converge.
15 Sep 2020
By acquiring a Chicago-based logistics provider and freight broker from R.R. Donnelley, Canada’s TFI plans to better integrate and scale US operations in freight and e-commerce.
15 Sep 2020
US producer price indexes for August showed a marked jump in local trucking costs, likely due to increased demand for service between ports, warehouses, and distribution and fulfillment centers as e-commerce demand spurred imports.
09 Sep 2020
US for-hire trucking companies are rehiring truck drivers at a rate slower than the acceleration of freight demand, contributing to rising pressure on truck rates and US shippers.
03 Sep 2020
The flood of imports to Los Angeles and Long Beach this summer is squeezing truckload and LTL capacity on inland truck routes, more than doubling spot rates to Chicago, as intermodal capacity and e-commerce deadlines remain tight.
02 Sep 2020
Less-than-truckload shipments and tonnage at Saia in August were about where they were a year ago, when the carrier already was growing faster than its LTL competitors. That underscores broader LTL growth.
28 Aug 2020
A proposed Federal Motor Carrier Safety Administration pilot project would let truck drivers stop the hours of service clock for up to three hours and then resume driving, giving them more control over their schedules, but a longer day.
26 Aug 2020
Truckload freight volumes are still increasing overall, but not at the frenetic pace of July, supply chain visibility provider FourKites says. That's a sign supply chains are "rebalancing," though spot pricing remains elevated.
25 Aug 2020
After selling its last remaining non-LTL subsidiaries, Roadrunner Transportation plans to shorten transit times on more lanes, improve service, and win over LTL shippers and drivers.
11 Aug 2020
With volume returning, less-than-truckload operators are putting more pressure on shippers to raise rates.
10 Aug 2020
Companies able to field large numbers of trucks are no longer cutting back, but with high demand, additional capacity will come at a price to shippers.
07 Aug 2020
Supply chain disruption and the spread of COVID-19 may have limited carrier ability to add drivers and other employees last month, despite heightened demand.

Commentary

It is shocking that the less-than-truckload (LTL) sector continues to operate with legacy business practices from the reg

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