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

05 Mar 2021
The transportation and warehousing sector lost fewer jobs than anticipated in February, but trucking companies saw deeper than expected job losses in a storm-wracked month.
04 Mar 2021
The digitization of truck manufacturing will directly benefit shippers by creating more capacity and making more capacity readily available, a study by IBM suggests.
03 Mar 2021
To secure capacity, truck shippers must offer freight that ‘fits’ a carrier’s network of lanes, vehicles, and drivers, speakers at a virtual TPM21 panel said.
02 Mar 2021
Old Dominion Freight Line in February handled more and heavier LTL shipments than a year ago as shippers hit hard by winter storms searched for truck capacity.
25 Feb 2021
COVID-related dock bans on truck drivers and greater use of digital receipts are leading to more clashes over short or damaged shipments, according to speakers at a T&LC webinar.
24 Feb 2021
Truckload carrier Werner Enterprises is expanding its Edge technology platform to brokerage partners and shippers, tightening its focus on landside logistics after offloading its ocean and air forwarding unit.
17 Feb 2021
Texas is the epicenter of supply-chain damage caused by Winter Storm Uri, but the disruption is being felt nationwide. Mexican imports by truck may be delayed for days.
16 Feb 2021
A growing gap between inventory and sales in many US business sectors is projected to drive replenishment, expedited shipping, and high levels of imports for months to come.
12 Feb 2021
Old Dominion Freight Line is closely following big box retail customers, adding new service centers as e-commerce spurs construction of new distribution centers.
11 Feb 2021
Increasing US truck freight demand from ports to factories may slow the decline in spot truckload rates seen by DAT, while contract motor carriers take on more business.
10 Feb 2021
The acquisition of JZ Expedited Companies gives the national drayage operator more trucking services, transload capacity near the port of Jacksonville.
08 Feb 2021
The loss of 84,300 trucking and warehousing jobs in January -- actual numbers before seasonal adjustment -- makes prospects for tighter capacity and higher rates for US shippers in the months ahead more certain.
05 Feb 2021
The former YRC Worldwide is expanding, not shrinking, Yellow CEO Darren Hawkins says, with plans for streamlined pricing and more regional services as it radically overhauls its business.
Transplace urges shippers to actively manage routing guides and optimize networks now, rather than attempt to “time the market.” Photo credit: Shutterstock.com.
03 Feb 2021
Fewer trucking companies are responding to shipper bids, as contract truckload pricing rises by high single-digit percentage rates, Transplace executives said Tuesday.
02 Feb 2021
A significant number of truckload shippers delayed annual bids with the largest US truck freight broker in the fourth quarter to avoid spiking contract rates.
26 Jan 2021
Additional acquisitions will fuel growth for both XPO’s transportation and contract logistics businesses, soon to be separate companies, chairman and CEO Bradley S. Jacobs said.
22 Jan 2021
The acquisition of DDI bolsters RoadOne's 53-foot domestic container business and transloading capabilities on the East Coast as import volumes rise.
21 Jan 2021
Companies such as Werner Enterprises, Schneider National, and U.S. Xpress are taking an active role in the development of autonomous trucks, but not, they say, to replace drivers.
19 Jan 2021
US truckload carrier Heartland Express improved revenue and profit in the most recent quarter and is raising driver pay, investing in new equipment, and focusing on improved utilization in 2021.
15 Jan 2021
Rising industrial freight volumes will keep pressure on truckload capacity and pricing in 2021, even if demand for goods peaks, according to FTR Transport Intelligence analysts.
14 Jan 2021
As author of the Q&A column, Colin Barrett answered detailed and often obscure legal questions on shipping for 48 years, educating generations of shippers.
08 Jan 2021
Trucking’s peak season extended well into December, blunting a seasonal decline in actual trucking employment numbers and boosting seasonally adjusted job gains, according to data released Friday.
30 Dec 2020
An $89.5 million stock purchase at Forward Air aimed at increasing shareholder value should be a “wake-up call” for other less-than-truckload providers that likewise may not be as profitable as activist investors think they should be.
18 Dec 2020
There’s debate about how much of a knock-on effect COVID-19 vaccine distribution could have on other types of cargoes, but US shippers are cautioned to plan for some disruption.
17 Dec 2020
The truck driver turnover rate is rising at truckload carriers as they compete for employees; that is spurring a new round of pay hikes for drivers.
16 Dec 2020
BNSF Railway is limiting the amount of containers its partners can bring into a terminal in Southern California and on certain Chicago lanes due to volumes that usually tail off after Thanksgiving but have stayed elevated this year.
15 Dec 2020
COVID-19 and the wave of imports reaching the US will keep pressure on transportation capacity and pricing, from ports to the last mile, shippers warned Tuesday.
14 Dec 2020
Norfolk Southern has shut the gates on containers and trailers entering its 63rd Street terminal in Chicago to five Northeast locations due to a crush of volume, likely sending the loads to full truckload.
11 Dec 2020
Pandemic-related LTL service issues that include long delays and missed deliveries have not gone away and may be resurfacing as COVID-19 surges and container volumes soar
10 Dec 2020
As the US Treasury Secretary defended the $700 billion CARES Act loan that saved one of the largest US trucking firms, a GAO report criticized the Treasury’s handling of the application.
07 Dec 2020
A tighter focus on transportation and technology following a corporate split will improve the service and experience XPO offers to shippers globally, the company and transportation analysts say
04 Dec 2020
Although trucking employment is rising, the year-over-year gap is still large enough to throttle back capacity and keep pricing pressure on shippers.
03 Dec 2020
LTL freight volumes and tonnage are increasing year over year in the fourth quarter, but the pandemic’s latest waves could slow growth until COVID-19 vaccines become available.
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.

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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