Higher demand and pricing has shifted the Top 50 US trucking operators to the fast lane, and more growth is ahead.
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Top 50 Trucking Companies
The largest of the large US trucking companies toiled uphill last year through the second economic slump since the end of the recession eight years ago, adding revenue and raising the combined top line of The Journal of Commerce’s Top 50 US Trucking Companies.
Only half the truckload, less-than-truckload (LTL), and specialized carriers on the list increased sales in 2016, however, as lower rates, lower fuel surcharges, and especially lower demand in a depressed retail and industrial freight market drew down revenue for the other half.
This may be the year companies in the Top 50 rankings, prepared for JOC.com by SJ Consulting Group, return to the type of growth they enjoyed in 2014, or at least something closer to it, as the US economy is expected to expand faster and more steadily this year.
Key Top Trucking ranking stories:
Top 25 LTL 2015: Revenue up 9.1 percent for 25 largest LTL carriers
Top 50 2014: Top 50 trucking companies rode their brakes in 2013
Top 50 2013: A first: Top 50 trucking revenue exceeds $100 billion
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News & Analysis
07 May 2018
As freight demand and the need for capital rises, the fifth-largest US truckload operator plans a route back to Wall Street to fund growth.
09 Apr 2018
Full enforcement of the electronic logging device mandate began April 1, but inspectors issued a slew of violations in early 2018, federal data show.
30 Mar 2018
Freight brokers with less than $16 million in annual revenue saw shipments jump 20.5 percent in the fourth quarter, but higher truck rates put pressure on margins.
16 Mar 2018
Abilene Motor Express, based in Richmond, Virginia, operates about 450 trucks with most of its business in the dry van and refrigerated space.
07 Feb 2018
Technology investments in the warehouse, at LTL docks, and in the last-mile delivery business are in the works at XPO Logistics, which expects consumer and business demand to propel technology in 2018.
06 Feb 2018
The new facility near the El Paso International Airport will serve shippers in what is called “the Borderplex” — a manufacturing region stretching out from the cities of El Paso, Texas and Ciudad Juarez, Mexico.
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