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

11 Aug 2020
With volume returning, less-than-truckload operators are putting more pressure on shippers to raise rates.
20 May 2020
The JOC Truckload Capacity Index indicates large US carriers are making deeper cuts in their fleets after an unprecedented 10-quarter expansion in available capacity.
15 May 2020
Produce season and the reopening of some states to business are beginning to jump-start truck demand and spur higher spot rates in some lanes, but a long recovery is forecast.
14 May 2020
The new final US hours-of-service rule gives truckers more flexibility in how they use their daily hours, but shippers get a gift of capacity that could help extend their pricing power.
13 May 2020
A new technology platform at Werner Enterprises is designed to break down communications barriers between the truckload carrier, its drivers, and customers, and automate more of the truck driver’s workflow.
12 May 2020
YRC Worldwide says a double-digit drop in freight volume will accelerate efforts to consolidate its less-than-truckload networks while keeping its individual carrier brands.
08 May 2020
The recession caused by the COVID-19 pandemic has erased years of trucking employment gains, bringing payroll headcounts below 2006 levels, US data shows.
06 May 2020
A 9 percent boost in organic last-mile revenue signals more consumers are purchasing goods, including heavy goods, at home, a trend XPO’s CEO thinks could be permanent.
05 May 2020
A survey by two US trucking organizations reveals a shift in capacity to shorter haul lanes as the COVID-19 pandemic rapidly changes trucking markets and the mix of freight.
29 Apr 2020
Many US shippers and truckload carriers are putting off contract talks after the economic disruption caused by the COVID-19 pandemic interrupted them in mid-stride.
28 Apr 2020
The COVID-19 pandemic has flipped UPS’s business, with nearly 70 percent of package volume now residential. That means more mileage, more stops, and more costs.
27 Apr 2020
Trucking companies large and small are focused on getting through the next month or two, after which they hope freight volumes will begin to recover. But that recovery may be a long one.
24 Apr 2020
A new international distribution center in Houston blends US trucking and containerized imports as less-than-truckload carrier Averitt reaches deeper into US consumer markets.
22 Apr 2020
An American Transportation Research Institute analysis of vehicle location data across six states shows trucking activity plummeting 8 to 10 percent in April as the COVID-19 lockdown spread across the US.
21 Apr 2020
Daimler and Volvo will combine efforts to develop hydrogen fuel-cell technology for heavy electric trucks to meet future emissions and shipper sustainability targets.
20 Apr 2020
Job losses, damage to small business shippers, and diminished expectations for a fast restart for truck freight push pandemic recovery into 2021.
17 Apr 2020
An updated forecast from Coyote Logistics pushes a significant uptick in US truckload spot rates off until 2021, just when the US economy and shippers are expected to be recovering from recession.
16 Apr 2020
XPO Logistics CEO Bradley S. Jacobs believes the US and global economies will recover in “fits and starts” in the second half of 2020, and supply chains will become more resilient.
15 Apr 2020
Detention is a problem for truckers in the best of times. It’s worse amid the pandemic as shippers handle high volumes with fewer dock and warehouse workers available.
14 Apr 2020
Although some hope for a strong restart for trucking within months, others believe a long, staggered recovery is more likely, thanks to layoffs and small business bankruptcies.
13 Apr 2020
Widespread business shutdowns will plunge third-party logistics providers and truck freight brokers into “trench warfare” over pricing, and contribute to bankruptcies that could threaten capacity.
09 Apr 2020
Freight and rates in the spot market are starting to fall after shooting up in March, as the shutdown of a large swathe of the US economy sidelines shipping.
06 Apr 2020
Trucking companies need plans to keep their drivers healthy, financially whole, and on the road amid the coronavirus outbreak. They need plans for when they get sick, too.
03 Apr 2020
With freight volumes expected to plunge over the next six months as the US falls into recession, shippers should remember their strategic trucking carriers and work together to weather the storm.
02 Apr 2020
US trucking companies are preparing to brake hard once the current surge of essential freight fades. The loss of demand and capacity will complicate the eventual recovery.
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.
25 Mar 2020
Truck drivers can both drive and work beyond regulatory limits if they’re hauling essential goods during the COVID-19 pandemic, and shippers need to do whatever they can to make that easier.
24 Mar 2020
The truck plant shutdowns follow a wave of broader automotive factory shutdowns the previous week, led by the big three automakers, Ford, General Motors and Fiat Chrysler, who were followed by Honda, Nissan, Toyota, and Volkswagen.
20 Mar 2020
Spot truck rates are up about 5 percent since the end of February on demand for consumer staples, even as the US economy slows. Pricing may still be elevated when Chinese imports hit US ports and produce season puts the screws to US trucking capacity.
19 Mar 2020
The 10-year US economic expansion is over, killed by the response to the coronavirus disease 2019 (COVID-2019), and the recovery will be slow, IHS Markit chief economist Nariman Behravesh warns.
19 Mar 2020
The response to the new coronavirus disease 2019 (COVID-19) pandemic is dominating business at FedEx, as global air and domestic ground supply needs swing and the firm looks to prioritize test kits and relief supplies.
19 Mar 2020
FedEx expands use of its US ground unit to deliver more air express packages, as e-commerce volumes swell and Amazon ups the competitive ante.
18 Mar 2020
Truck capacity is being tightened in drive-thru-sized bites as restaurant and rest stop closings delay drivers.
17 Mar 2020
The coronavirus is creating new opportunities for cargo thieves, and demands better “continuity planning” from businesses that ship freight, BSI says.
16 Mar 2020
As COVID-19 response unfolds, restricted business operating hours, potential closures could complicate deliveries, solidifying a soft trucking market.
12 Mar 2020
In picking former Home Depot CFO Carol Tomé as CEO, UPS puts a former customer from retail e-commerce leader in the driver’s seat.

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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