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

Truckload carriers of all sizes and types suffered in last year’s freight slump, but they did not suffer equally.

News & Analysis

17 Aug 2017
The fastest-growing LTL carriers in 2016 were far from the largest.
02 Aug 2017
The $14.6 billion logistics and transportation provider accelerated growth at asset and non-asset operations alike in the second quarter, including its LTL division.
01 Aug 2017
A steady increase in freight volumes and e-commerce demand is fueling an expansion of LTL networks, with YRC Freight planning eight distribution centers.
25 Jul 2017
“We expect contractual rates to begin to improve over the next few quarters.”
20 Jul 2017
Increased second-quarter US industrial activity, consumer confidence primes freight market, pressures rates.
18 Jul 2017
XPO Logistics expects a healthy increase in revenue in the second quarter from the first quarter and a year ago, as freight demand in the US picks up.

Commentary

The average U.S. diesel pump price dropped below $2 per gallon for the first time since 2005 this week. With prices this low, perhaps its time for shippers and carriers to rethink fuel surcharges.