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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.

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

20 Dec 2017
Despite the dip, the freight market is strong, as are the sectors that feed into freight — factory output, construction, and business investment.
20 Dec 2017
With its heavy-duty Semi, Tesla is one of several companies hoping to electrify trucking, and it is attracting orders from shippers as well as carriers.
18 Dec 2017
This is certain regarding the trucking industry in 2018: it will be the year of time management, as the electronic logging mandate makes supply chains less and less flexible while freight demand rises.
15 Dec 2017
Spot rates for truckload, intermodal services keep rising, putting pressure on contract rates that may last well into 2018.
11 Dec 2017
Even as demand for truck-transported cargo rises, truck companies are struggling to add drivers, due to competition from better-paying jobs in other sectors.
08 Dec 2017
The upcoming electronic logging device mandate could affect more than truck capacity available to shippers.
06 Dec 2017
Owner-operators and small carriers opposed to electronic logging are still hoping for a last-minute reprieve.
01 Dec 2017
Shippers must acquaint themselves with the requirements of the regulation and its likely impact on US trucking capacity and supply chains.
30 Nov 2017
Pressure on US truck, intermodal pricing stays steady.
29 Nov 2017
US truck orders soar, but truckload capacity stays tight.
27 Nov 2017
The rising number of false log violations should be a red flag to shippers as the ELD mandate approaches.
21 Nov 2017
The two major Mexican railroads have a shot at convincing shippers to convert more of their cargo from roads and highways to the tracks.
20 Nov 2017
Many of the logistics providers the JOC surveyed believe their shipper customers are woefully unprepared.
16 Nov 2017
“Even without the hurricane it still would have been difficult to get these loads moved.”
15 Nov 2017
There is a rocky road ahead.
14 Nov 2017
A growing market share doesn’t translate to an improving economic environment and rising profits for the trucking business across Europe.
13 Nov 2017
False logs are an "epidemic," and shippers are vulnerable, speakers tell the JOC Inland Distribution Conference. The latest federal data back them up.
09 Nov 2017
At the US-Mexican border, a long-term, costly imbalance in north- and southbound tractor-trailers threatens to slow cross-border supply chains.
07 Nov 2017
A survey of shippers and logistics service providers (LSPs) shows broad agreement truck capacity is getting tighter, but the LSPs expect rates to rise higher next year than shippers anticipate. Electronic logging devices may be a reason.
06 Nov 2017
Anheuser-Busch InBev seeks a special ingredient that would make its supply chain flow as smoothly and freely as lager from a tap: dynamic, real-time shipment data.
02 Nov 2017
As the Dec. 18 ELD mandate draws closer, Ryder System said it will equip all of its rental trucks with portable ELDs, helping short-term truck renters comply with the law.
02 Nov 2017
E-commerce is accelerating, underpinning an uptick in global trade and US economic growth, XPO's Jacobs said.
01 Nov 2017
Purchased transportation costs rose steadily in the third quarter.
01 Nov 2017
As intermodal rail container and trailer volumes hit historic highs, pressure, that may lift pricing in 2018 and beyond, is building.
31 Oct 2017
Growth in truckload pricing is accelerating.
27 Oct 2017
Third-quarter earnings reports reveal across-the-board increases in transportation rates, with little sign pressure will ease soon.
25 Oct 2017
US truck tonnage slipped slightly less than 1 percent in September, following hurricanes Harvey and Irma, but year-over-year data shows a significant long-term increase in freight volumes.
23 Oct 2017
Concerns over the supply of truck drivers and the resulting increases in trucking rates will likely grow in the coming months.
20 Oct 2017
"Relentless" investment in equipment, higher driver pay help boost capacity, revenue, profit for Werner.
19 Oct 2017
Truck driver wages and benefits grew for the fourth straight year in 2016.
17 Oct 2017
After climbing for seven straight weeks, US spot truckload rates stalled last week, but remain higher than usual for early October. DAT Solutions expects spot pricing to keep climbing.
13 Oct 2017
Higher third-quarter operating costs at J.B. Hunt, especially costs related to drivers and empty trucks, show why US shippers should be concerned about truck and intermodal pricing.
12 Oct 2017
The truckload spot market that burned hot through the summer continued to heat up in September.
04 Oct 2017
The number of loads available per truck shot up from July to August, in advance of typical peak season trends. Truckers are betting on sustained volumes.
03 Oct 2017
Shippers will have to dig harder to access new capacity as peak shipping season heats up.