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 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 2018
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.

News & Analysis

26 Mar 2020
Demand for essential goods and medical supplies is drawing truck capacity even as business shutdowns dry up other sources of freight, a trend that could result in displaced capacity.
22 Jan 2020
Indications that the US manufacturing sector is improving, rather than deteriorating, could point to more freight demand and truck shipments this spring, especially for LTL carriers.
22 Jan 2020
The freight market has returned closer to equilibrium between shippers and truckers than last year, but a murky middle persists over whether business conditions will flip toward carriers later this year.
17 Jan 2020
Dedicated contract carriage, final-mile service, and a digital marketplace helped carry J.B. Hunt through a tough fourth-quarter intermodal and trucking market.
16 Jan 2020
Expect the sale or spin-off of some business to make XPO more a “pure-play” LTL trucking company — smaller, but more focused on US shippers and better positioned to increase shareholder value.
15 Jan 2020
Shippers retain substantial pricing power despite a recent spike in truckload spot rates, which appear to be settling near recent highs that are still below year-ago levels.
14 Jan 2020
Shipper demand, lower modal boundaries, and changing procurement practices lead LTL technology provider SMC3 to add truckload functionality to its bidding software.
14 Jan 2020
“Continuous” truck moves collaboratively arranged by networks of shippers and carriers are the goal of Transplace’s acquisition of Lanehub.
10 Jan 2020
Trucking employment slipped in December as US manufacturing remained sluggish, but there are signs demand, and perhaps payrolls, may improve in 2020.
09 Jan 2020
Two technology firms are taking an ambitious step toward bringing shippers, trucking companies, and logistics providers together on one transportation management platform.
08 Jan 2020
Knight-Swift and DAT test a truckload rate forecasting system as shippers and their transportation and logistics providers push out the boundaries of supply-chain visibility.
07 Jan 2020
The US-Mexico-Canada Agreement may speed the processing of goods at US borders, but won’t necessarily speed transportation at the congested Mexican border, experts warn. That will require further investment in infrastructure and technology.
06 Jan 2020
The electronic logging device (ELD) eventually will help shippers find trucks more quickly, help trucking companies better manage drivers, and help drivers better manage hours. But more integration of ELD data with other systems and more development are needed to deliver bigger benefits.
19 Dec 2019
The latest data from the American Trucking Associations shows large truckload carriers cutting drivers and smaller fleets ramping up hiring.
18 Dec 2019
Changes in package delivery market are leading FedEx to rethink its air express and ground strategies, as it struggles with a slowdown in global trade.
17 Dec 2019
Year-to-date declines in metal, chemical, and forest product shipments will depress future truck volumes, creating an overhang that will affect pricing, a transportation economist says.
16 Dec 2019
Driven by consumers and end-customers, more shippers say they are looking for precision in on-time delivery from trucking suppliers, and placing it before price.
13 Dec 2019
Shippers may find capacity tighter on a carrier-by-carrier, lane-by-lane basis when the final phase of the ELD mandate takes effect Monday.
12 Dec 2019
Truckload spot rates leaped upward in the first week of December, rising 12 cents per mile above their November average according to DAT Solutions as the final holiday retail push got underway.
YRC reports double-digit drop in LTL tonnage
12 Dec 2019
A ‘freight volume headwind’ blew hard against YRC Worldwide in November, driving down tonnage at YRC Freight 10.2 percent year over year. December is looking better, the carrier says.
ODFL looks for added value in ELDs as final deadline looms
11 Dec 2019
The second-largest US LTL carrier has completed its AOBRD to ELD conversion, and now looks to expand the integration of its ELDs with other technologies, including geofencing.
09 Dec 2019
Although a large carrier, Celadon’s fleet size and revenue are just drops in the US truckload bucket. The biggest impact of its bankruptcy may be in Mexico.
06 Dec 2019
IHS Markit points to a “modest upturn” in the US economy, with consumer demand keeping freight in motion.
04 Dec 2019
Less-than-truckload tonnage trends are still negative year over year in the fourth quarter, but they’re “stabilizing” at Old Dominion Freight Line, CEO Greg C. Gantt said Wednesday.
03 Dec 2019
Cass Information Systems is partnering with the University of Tennessee to enhance its benchmark truckload and intermodal pricing indexes, and explore new data opportunities.
02 Dec 2019
Shippers may pay more to move freight in December, as rising retail sales and faster delivery demands begin to tap underutilized capacity.
20 Nov 2019
Both Coyote Logistics and DAT Solutions see spot rates moving into inflationary territory early next year, but the US economy will signal how high rates might climb.
18 Nov 2019
The number of violations issued to drivers for exceeding hours of service limits has dropped significantly since the ELD mandate took effect, but false log violations rose last year.
15 Nov 2019
The divide sharpens between those who see looming recession in freight numbers and those who see sustained, albeit slower, US growth.
13 Nov 2019
YRC Worldwide is keeping its well-known brands separate, but blending its regional and national terminal networks, as well as sales and management.
11 Nov 2019
In the heart of what is supposed to be peak season, rail container traffic is not only much slower than a year ago, but also behind 2017 levels as well — and truck seems sluggish, too.
08 Nov 2019
A shift to time-based truckload rates will come, eventually, as electronic logging and detention disputes reshape supply chains, a TIA report finds.
06 Nov 2019
The number of speeding violations handed to US truck drivers jumped 7.8 percent in 2018, but speeding has been a problem since long before that. Shippers need to help solve it.
Challenge to ELD rule resurfaces at FMCSA
05 Nov 2019
Regulators are accepting comments on a petition to exempt small carriers from the ELD mandate, as the final compliance deadline for truck drivers and carriers approaches.
05 Nov 2019
As spot intermodal rates begin to save shippers more money than earlier in 2019, shippers are seeing reduced savings on contract business.
01 Nov 2019
The pace of hiring at US for-hire trucking companies continues to slow as low unemployment and alternative work challenge recruiters.

Commentary

The electronic logging device means big data analysis is possible across the trucking/logistics sphere — and that opens up a world of opportunities for improved efficiency, fleet optimization, and more.

More Commentary