Higher demand and pricing has shifted the Top 50 US trucking operators to the fast lane, and more growth is ahead.
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
Press Releases
Special Coverage
News & Analysis
16 Oct 2018
After a year of double-digit increases, spot rate gains are slowing, and truck rates and revenue increases are expected to ‘moderate’ to the mid-single-digit range in 2019.
15 Oct 2018
US trucking has entered a new era, in which a ‘new normal’ has been established. Even so, for shippers, there are some encouraging sector developments concerning driver recruitment and overall truck capacity.
12 Oct 2018
There is no debate: US truck capacity is tight. Still, this supply and demand imbalance offers an opportunity for shippers to assess their shipping practices. They will find their inefficiencies are responsible for more cost in absolute dollars than the increase in expenditure that results from higher rates.
11 Oct 2018
Shippers can and should stop using paper bills of lading (B/Ls). If truck drivers can live without paper logbooks, shippers can scrap paper B/Ls. Savings for carriers and shippers will result.
09 Oct 2018
During the past several years, the less-than-truckload industry and the analyst community have made a big deal of the need to convert to dimensional pricing instead of the classification system of the regulated era that ended in 1980.
08 Oct 2018
For those who think that it’s somehow counterintuitive to have a pricing model designed to create a loss or to reduce operating margins, rest assured, it is.
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