Large US truckload carriers that engaged in mergers and acquisitions and expanded specialized services like dedicated trucking fared much better in 2019 than those that relied more on traditional dry-van business, according to JOC's 2020 Top 25 US Truckload Carrier Rankings, prepared by SJ Consulting Group.
Sunday April 5, 2020
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Werner Enterprises
Werner Enterprises
Werner Enterprises is an American transportation and logistics company that offers services in freight management, truck brokerage, intermodal, and international services.
Werner Enterprises and its units employ more than 11,500 associates and independent contractors. The company offers a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and local van; expedited; temperature-controlled; and flatbed services. With a fleet of 7,300 tractors and 24,000 trailers, the company provides services throughout North America as well as Asia, Europe, South America, Africa and Australia through ocean, air, and ground transportation.
Webcasts
Mar 26, 2020 1:00PM EDT
Apr 2, 2020 1:00PM EDT
Apr 28, 2020 1:00PM EDT
Press Releases
06 Feb 2020
Despite trucking companies and brokers saying capacity is “rightsizing,” spot rates have not increased in tandem with volume and shippers could secure contract rate reductions for 2020.
09 Dec 2019
Although a large carrier, Celadon’s fleet size and revenue are just drops in the US truckload bucket. The biggest impact of its bankruptcy may be in Mexico.
30 Oct 2019
Large truckload carriers continue to shed trucks, according to the JOC Truckload Capacity Index. Logistics providers, however, report ample available truck capacity.
29 Oct 2019
US motor carriers blamed “an oversupply of truckload capacity” for greater-than-expected pressure on earnings in the third quarter.
08 Aug 2019
Fleet bankruptcies show some capacity is coming out of the market, but it’s unclear whether that will make any significant dent in the oversupply of trucks available in the spot trade.
05 Aug 2019
The long-term outlook for truckers, and their shipper customers, is blurred by the fog of trade wars, but 2020 will bring changes.
29 Jul 2019
Large US truckload carriers are cutting excess capacity, albeit only slightly, pulling the JOC Truckload Capacity Index down for the first time since 2016.
26 Jul 2019
A long-term investment in technology is helping Werner generate profits, and capacity for shipper customers.
18 Jun 2019
Logistics growth is moderating, but shipper of choice programs are surviving because lower rates won't guarantee on-time delivery, speakers at the CSCMP State of Logistics Report launch said.
21 May 2019
Transloading or cross-docking helps expedite northbound freight as cross-border capacity imbalances and delays become more frequent.
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
19 Mar 2019
As a multi-state region is devastated by historic flooding, shippers are rerouting, delaying cargo until waters recede and the full impact on truck capacity becomes clear.
13 Feb 2019
More diversified, balanced asset, non-asset services provide a hedge against economic swings for US shippers, truckload carriers
30 Jan 2018
US shippers and other e-commerce parties take note: freight demand, still strong in January, will raise contract rates in the coming quarters, truckload carrier Werner Enterprises has warned.
20 Oct 2017
"Relentless" investment in equipment, higher driver pay help boost capacity, revenue, profit for Werner.
21 Aug 2017
US and Mexican Customs officials at a KCS-built facility will work to speed growing cross-border rail traffic at Laredo.
25 Jul 2017
“We expect contractual rates to begin to improve over the next few quarters.”
29 May 2017
The last mile on the route to e-commerce fulfillment is getting crowded.
15 May 2017
Long-haul truckload operator launches final-mile service using straight trucks, team drivers.
05 May 2017
Competition for potential truck drivers is heating up as the United States nears "full employment."
21 Apr 2017
Spot market truckload rates are rising on higher demand, but contract rate hikes are being slowed by market uncertainty and excess capacity.
21 Apr 2017
Werner Enterprises and Heartland Express follow J.B. Hunt in reporting a rise in freight demand as the second quarter gets under way.
03 Mar 2017
USAT Logistics, the non-asset arm of USA Truck, opens a Mexican subsidiary.
13 Feb 2017
The economic impact of a challenge to Mexican trucking in the United States is small, but the debate could fuel a growing trade dispute.
16 Dec 2016
The fifth-largest US truckload carrier builds out its Laredo terminal, the busiest facility in its network, as cross-border trucking increases and shipper demands change.
29 Jul 2016
Despite an uptick in volume in July, trucking executives see a long road ahead before truckload rates rise.
22 Jul 2016
The fifth-largest U.S. truckload carrier is cutting some shippers loose as they seek deep rate cuts in a soft market.
05 May 2016
Truckload carriers are struggling to bring capacity in line with demand, as an increase in the first-quarter JOC.com Truckload Capacity Index shows.
21 Apr 2016
Werner Enterprises' first-quarter revenue dropped 3 percent year-over-year to $482.8 million because of lower fuel surcharges and a "challenging" rate market.
29 Jan 2016
Despite a slower-moving U.S. economy, truckload operator Werner Enterprises
30 Nov 2015
Werner Enterprises, the fifth-largest truckload carrier in the U.S., is raising solo driver pay by an average of $5,000 annually, the latest sign of how motor carriers are forking out more to keep and attract drivers ahead of serious demographic headwinds.
21 Oct 2015
Don't let the small drop in total revenue fool you: Werner Enterprises is doing very well in a less-than-robust truckload freight market.
28 Sep 2015
Adding another year to an apprenticeship program for truck drivers will help both Werner Enterprises and military veterans. The truckload carrier sees a need for more apprenticeships to boost the pool of younger, experienced drivers.
23 Sep 2015
Truck driver pay is rising higher, shippers are becoming more "driver friendly," but demographics make finding solutions to the shortage of qualified drivers difficult.
16 Sep 2015
U.S. freight shippers enjoying an unusual period of “loose” capacity shouldn’t get complacent, speakers at the 2015 FTR Transportation Conference here warned.
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