Top 50 Trucking Companies

The Teamsters union promises a tougher approach in contract talks with ABF Freight and TForce Freight, and is opposing major network changes proposed by Yellow, its largest freight employer.

Knight-Swift, the largest US truckload provider, will substantially expand its reach and scalability for shippers with the purchase of U.S. Xpress, the country’s ninth-largest truckload carrier.

With ‘every dollar under scrutiny,’ FedEx Freight is squeezing its trucking division, gaining financial improvements that better position the carrier for the next economic rebound. 

Demand for flatbed tractor-trailers is rising along the Gulf Coast and Southeast, buoyed by project cargo, shifting freight patterns, and a warmer-than-normal winter, DAT Freight & Analytics says.

Old Dominion Freight Line “has its fingers crossed” that the decline in less-than-truckload volumes is turning and an increase in freight demand will be seen in March or the second quarter.

The largest US family owned LTL trucking company is adding terminals, including one in Southern California, as Webb Estes moves into the president’s office. 

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

Total US trucking costs rose in November, with revised US producer price index figures for truckload and LTL services indicating at least a temporary reversal in a months-long decline.

Ryder System is joining the race to deploy more drop-and-hook trailer pools for shippers that need greater flexibility to reduce costs and counter supply chain disruption.

Less-than-truckload shipping volumes in the US are falling in the fourth quarter from all-time highs, but rates are slower to drop as carriers push back on absorbing higher costs.

The traditional increase in bookings for December and January shipments out of Asia is nowhere to be seen as importers in destination markets struggle with surplus stock levels and weakening demand.

Hiring expectations fell short across many transportation sectors in November, with real trucking employment dropping while warehousing firms and couriers added workers.

Stubbornly strong industrial output and pent-up demand are expected to keep pressure on trailer manufacturers to increase supply, even during a US economic slowdown.

The US producer price indexes for long-distance truckload and less-than-truckload took separate routes in October, with LTL pricing essentially unchanged and the truckload index falling.

Freight volumes are dropping month to month but remain higher than a year ago, buoyed by inventory repositioning and easing supply constraints for manufacturers, according to the latest Cass Freight Index.

US transportation companies with cash on hand are acquiring asset-based truckers and non-asset freight brokers alike to add services and shipper customers and build network density.

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.

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

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.

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