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.
11 Mar 2020
Long-haul LTL carrier YRC Freight is expanding a next-day service offering in Texas, where its parent company previously had no regional footprint.
11 Mar 2020
Truck demand and spot rates are rising as consumers stockpile goods amid the spread of the coronavirus, but truckers worry about potential loss of work due to quarantines.
09 Mar 2020
Shippers with an eye on instability in US markets are considering innovative contract terms, including the use of volume guarantees and flexible rates.
05 Mar 2020
The coronavirus outbreak will amplify pricing and capacity swings in US trucking this year, and logistics experts warn that will mean a price shock for shippers.
04 Mar 2020
US business activity stumbled in February, according to IHS Markit, perhaps in part due to the new coronavirus disease. That put more pressure on less-than-truckload shipping volumes.
03 Mar 2020
The FMCSA is sending undisclosed changes to truck driver hours of service (HOS) rules to the White House for approval, raising hopes for greater flexibility in truck scheduling.
03 Mar 2020
XPO Logistics’ founder and CEO plans to use money from the sale of non-trucking business units to increase technology spending at its less-than-truckload (LTL) operations, with a focus on pricing.
02 Mar 2020
CRST International’s purchase of NAL Group is evidence that final-mile logistics is becoming an even greater priority for truckload carriers in a time of low freight demand and economic uncertainty.
25 Feb 2020
Spot truck rates out of Los Angeles are weaker than usual, thanks in part to the coronavirus that has interrupted freight flows from China. Will restocking spark a pricing whiplash this spring?
24 Feb 2020
Efforts to rein in excess capacity accelerated among large carriers, lowering the JOC Truckload Capacity Index to 85.2 in the fourth quarter. However, even that reading is still high.
18 Feb 2020
Truck tonnage increased for the second straight month in January, but a weak manufacturing sector and high inventories are keeping a lid on freight demand.
11 Feb 2020
XPO Logistics, Old Dominion Freight Line, and Saia are among LTL trucking companies that see encouraging, albeit modest and early, signs for economic growth in 2020.
11 Feb 2020
A survey of delivery drivers projects that missed deliveries and time wasted due to outdated and incorrect maps and navigation aids results in $2.5 billion in added costs.
10 Feb 2020
The third-largest US LTL operator commits to ongoing reorganization, and sees glimmers of recovery in US manufacturing activity and freight demand in early 2020.
07 Feb 2020
Roadrunner Freight is cutting transit times and investing in technology and facilities as it attempts to transform itself into a higher-service, customer-focused less-than-truckload carrier.
05 Feb 2020
Amid weak intermodal volumes in 2019, the JOC Domestic Intermodal Savings Index shows spot and contract savings are lower than historical averages, although the year closed stronger for shipper savings on the spot market.
04 Feb 2020
Two regional LTL carriers say their new partnership will help increase domestic traffic and set up “international inland” moves in a six-state West Coast network.
03 Feb 2020
In a lackluster market, ArcBest’s ABF Freight finds it necessary to judiciously mix truckload spot and traditional LTL freight, asset-based, and non-asset services.
30 Jan 2020
As its US network gets faster and more automated and e-commerce demand keeps growing, UPS is taking aim at small to mid-sized businesses in 2020.
30 Jan 2020
Shippers, as much as carriers, are driving toward electronic or digital bills of lading, as the need for speed and more responsive, detailed customer service increases.
29 Jan 2020
Railroads and intermodal providers say there will be more volume in 2020 than last year, although shipper demand will not fully recover until the second half of this year.
28 Jan 2020
Truck volumes have flattened, not collapsed, a trucking analyst tells SMC3’s Jumpstart 2020 Conference. Truck capacity hit its peak in Q4 2019, and is expected to contract this year.
UP to resume service on nearly 60 lanes it cut in 2018
28 Jan 2020
Union Pacific Railroad will resume service on nearly 60 previously eliminated lanes beginning Feb. 1, a move it linked to its precision scheduled railroading operation, but others said was designed to win back lost market share.
28 Jan 2020
The bottom of the current slump in US freight demand is approaching, but new threats, including the China coronavirus, are emerging, speakers at the SMC3 Jumpstart 2020 conference warned.
24 Jan 2020
An increase in housing permits and starts will help rebuild US truck volumes this spring, putting increased demand on truck capacity and spot pricing, according to Bobby Holland, vice president and director of freight data solutions at US Bank.
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.

Commentary

It is shocking that the less-than-truckload (LTL) sector continues to operate with legacy business practices from the reg

More Commentary