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 50 2016 Rankings 

Top 50 2015 Rankings

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

Top 50 2014 Rankings

Top 50 2013 Rankings

Special Coverage

An XPO logistics truck.
Higher demand and pricing has shifted the Top 50 US trucking operators to the fast lane, and more growth is ahead.

News & Analysis

20 Jul 2018
Many truckload carriers are on their second round of pay hikes this year as freight demand grows faster than driver supply. Can they keep pace with the peak?
19 Jul 2018
Acquisitions boost revenue, profit for Iowa-based Heartland Express as US freight demand pushes the limits of ‘transportation infrastructure.’
18 Jul 2018
Shorter (and sometimes longer) contracts, volume commitments, and even higher rates are among the many types of bait shippers are using to capture elusive truckload capacity.
17 Jul 2018
Once cyclical, problems such as the driver shortage are becoming systemic. That threatens to ‘bake’ higher costs into transportation rates.
US Xpress Enterprises.
07 May 2018
As freight demand and the need for capital rises, the fifth-largest US truckload operator plans a route back to Wall Street to fund growth.
Truck on a US road.
09 Apr 2018
Full enforcement of the electronic logging device mandate began April 1, but inspectors issued a slew of violations in early 2018, federal data show.

Commentary

To paraphrase the late, great writer Charles Dickens, container shipping in 2018 is ‘A Tale of Two Markets’ – truck/surface transportation capacity and ocean carrier capacity. What does that mean for shippers? Here are the likely scenarios.