Truckload Freight

Truckload Freight

Shipping news, analysis and rankings of U.S. truckload companies such as Swift Transportation, Landstar System and J.B. Hunt Transport Services.

The 25 largest truckload carriers in the US increased their combined revenue 5.4 percent in 2017 to nearly $28 billion, as freight demand quickened in the second half of the year. Revenue increased at 20 of the Top 25 Truckload Carriers last year, compared with 10 in 2016, a sign truckload carriers pulled out of the economic mire that slowed them in 2015 and 2016.
Acquisitions helped power growth among the largest truckload carriers, boosting revenue significantly at heavy-haul specialist Daseke and dry van carrier CRST International. If 2018 continues as strong as it began, and they can to find and hire qualified truck drivers, the largest truckload carriers are likely to pull even with their faster-growing LTL counterparts.

Webcasts

Feb 21, 2019 10:00AM EST
Mar 14, 2019 2:00PM EDT

Commentary

In his Nov. 16 tweet promoting the rollout of Tesla’s new electric semi-truck, Tesla CEO Elon Musk promised, “This will blow your mind clear out of your skull and into an alternate dimension.”

News & Analysis

19 Feb 2019
After doubling revenue through mergers in two years, specialized flatbed operator will double down on services, building back-office links among subsidiaries.
14 Feb 2019
COO and soon-to-be CEO Bob Biesterfeld tells JOC.com US truckload rates are likely to continue to rise in 2019 despite a rebalancing of capacity.
13 Feb 2019
More diversified, balanced asset, non-asset services provide a hedge against economic swings for US shippers, truckload carriers
08 Feb 2019
US truck capacity loosened significantly in the first quarter, especially on the spot market, but shippers shouldn't expect a "glut" of excess capacity this year.
06 Feb 2019
Collaboration is still high on the to-do list of US shippers and their transportation and logistics partners in 2019, despite slower economic expansion.
04 Feb 2019
Trucking operator Schneider National is evolving to meet increased shipper expectations by harnessing new technology, adapting to new customer requirements, and focusing on higher productivity.
01 Feb 2019
The US economy won't run off the road this year, but keep an eye on trade, tariffs, and 2020, economists say at SMC3's Jump Start 2019 event.
Truck US.
30 Jan 2019
This stark rates dichotomy within the truckload industry is directly tied to shipping patterns.
A wind farm in the United States.
30 Jan 2019
Several US ports, many in the Gulf, are expecting a surge in wind cargo during the next 24 months.
Norfolk Southern.
29 Jan 2019
Ripples from last year’s ELD mandate are still reverberating down rail tracks.
Warehouse supply chain.
25 Jan 2019
Capacity may ebb and flow, but e-commerce will keep pressure on shippers to adopt technology and review supply chain strategies, says DHL Supply Chain’s Jim Monkmeyer.
A truck travels on a US road.
24 Jan 2019
Many variables have affected capacity, but heightened economic activity has been the main factor squeezing US capacity since 2017.
Knight-Swift Transportation.
17 Jan 2019
Knight-Swift projects higher fourth-quarter, first-quarter earnings, but analysts are not doing the same for 2019 truckload pricing forecasts.
Trucks travel on a US highway.
16 Jan 2019
Schneider's adoption of the new systems places in stark relief the need for brokers to differentiate.
A truck travels on a US road.
15 Jan 2019
Even owner-operators work under ‘contracts of employment,’ the US Supreme Court said, which means claims of misclassification, ‘stolen wages,’ can’t be forced into arbitration.
A truck travels in the United States.
09 Jan 2019
With the US Securities and Exchange Commission closed, Roadrunner is looking for a run-around to push its rights offering and recovery plan forward.
Trucks travel on a road in the United States.
09 Jan 2019
Widespread labor shortages affect not just trucking but all aspects of transportation and logistics.
A truck travels on a US road.
07 Jan 2019
The solution to the US truck driver problem will require a proactive, engaged performance by shippers.
A truck travels in the United States.
04 Jan 2019
With competition for truck drivers strong, firms are deploying new tactics to recruit talent.
A truck travels on a US road.
02 Jan 2019
More truck drivers are choosing to work for smaller carriers, and that’s not making it easier for shippers to source capacity. This is the second in a series of articles.
A truck travels on a US road.
02 Jan 2019
The battle for truck drivers will determine who gets truck capacity in 2019 and at what price.
Trucks travel in the United States.
18 Dec 2018
“The fact that tonnage rose in November after a strong October is impressive,” Bob Costello, ATA chief economist, said.
A truck travels in Canada.
17 Dec 2018
US shippers took a similar hit when the US electronic logging device (ELD) mandate disrupted truck capacity in inter-city lanes last December.
A Manitoulin truck.
17 Dec 2018
The Manitoulin Group of Companies acquired the book of business of one company and partnered with its parent company to broaden its coverage in northwest Canada.
A truck travels on a US highway.
07 Dec 2018
The FMCSA published 10 decisions rejecting petitions for ELD exemptions Friday, a sign the agency has drawn a sharp line when it comes to pleas for relief from the year-old rule. Instead, expect more focus on the hours of service rules themselves.
Trucks travel in California, United States.
03 Dec 2018
Freight growth may slow in 2019, but shippers should be vigilant in seeking new routes owing to constrained capacity.
A truck travels in Montana, United States.
29 Nov 2018
Regionally, the Midwest and Northeast are hot spot truckload markets in late November, as freight moves off coasts and inland to distribution centers, stores, and consumers. Shippers appear to be making more use of contract capacity, however, which is a sign capacity overall is less tight.
A truck travels in South Dakota, United States.
28 Nov 2018
As truck driver turnover rates rise, and more veteran drivers retire, more motor carriers are taking training into their own hands through in-house schools and apprenticeship programs.
Trucks travel on a US highway.
16 Nov 2018
Higher freight volumes and shipper spending reported by the Cass Freight Index show that while the US economy may be expanding more slowly in late 2018, it is not on the verge of a contraction.
Digital bill of lading.
09 Nov 2018
Efforts to digitize the bill of lading that must accompany each shipment, whether on an ocean vessel or tractor-trailer, aren’t necessarily new, but they’re gaining ground in an era of e-commerce and tight capacity.
A truck being loaded in the United States.
08 Nov 2018
Shippers plagued by capacity shortages need to eliminate inefficiencies and wasted time to effectively create capacity now out of reach.
A freight truck travels in Chicago.
26 Oct 2018
Harsh weather and the electronic logging device mandate — requiring truck drivers to record their of hours of service digitally and cease use of paper logs to track drivers' time behind the wheel — have put pressure on Chicago and other US markets.
Trucks travel on a US road.
25 Oct 2018
Sequential volume gains may have slowed, but year-over-year shipment increases are still substantial for two of the largest US trucking companies.
A truck travels in South Dakota, United States.
08 Oct 2018
For those who think that it’s somehow counterintuitive to have a pricing model designed to create a loss or to reduce operating margins, rest assured, it is.
Trucks travel in Tennessee, United States.
06 Oct 2018
Innovation and outside-the-box thinking are needed to help shippers and trucking companies kick old, bad habits and bring pricing into the 21st century. This is Part 1 in a 5-part series.