Truckload Freight

Truckload Freight

The 25 largest truckload carriers in the U.S. increased their combined revenue of nearly $28 billion in 2017. JOC.com annually publishes updated data about the largest 25 truckload freight carriers. Corporate acquisitions have helped power growth among the largest truckload carriers. Some of the largest truckload carriers include Swift Transportation, Schneider National, JB Hunt, Landstar System, Prime, Werner Enterprises, CRST International, US Xpress, Crete Carrier and Knight Transportation.

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

16 Jul 2019
Shippers benefit from logistics systems integrations, some of which they don’t even see, as 3PLs and software vendors develop embedded pricing and visibility functionality.
15 Jul 2019
Cross-border truck traffic between Mexico and the United States is rising, and shipping costs are likely to increase as delays tighten border capacity.
12 Jul 2019
Heavy truck orders are in steep decline, but production backlogs are falling and new trucks are hitting US highways, adding to excess capacity and preserving shipper pricing leverage.
12 Jul 2019
Analysts expect more of a negative outlook from railroads in second-quarter earnings calls, as shippers have not sent as much on intermodal as they have anticipated in 2019.
11 Jul 2019
Shippers testing the efficacy of digital freight matching tools, whether from new broker entrants or through established providers, now have the option of working with larger brokerages such as GlobalTranz and JB Hunt.
09 Jul 2019
With trucking employment rising, there are few signs excess US truck capacity will be reduced soon, keeping pricing power in the grasp of shippers.
08 Jul 2019
A large share of US-bound Mexican freight is shoved through an increasingly tight funnel of truck lanes vulnerable to freight surges, migration crises, and trade disputes.
03 Jul 2019
The typical retail-based truck freight rebound came later this year and is likely to be shorter as trade tensions with China and Mexico ease.
Rising US-Mexico trade squeezes Laredo truck capacity
02 Jul 2019
Monterrey-based aluminum manufacturer Riisa wants to increase exports to the US but must deal with local capacity shortages and logistics challenges in Laredo, the largest US truck border crossing.
26 Jun 2019
The eighth-largest US trucking operator adds an intermodal option in Indianapolis, making service between the US Midwest and Northeast more competitive with trucks.
25 Jun 2019
Lower manufacturing activity, high inventories, and trade wars are flattening the US freight economy, speakers at the SMC3 Connections 2019 conference said.
21 Jun 2019
Truckload carriers surveyed by Cowen & Co. are banking on a stronger second half and expect contract rates to rise 2.7 percent on average over the next six months.
20 Jun 2019
A sharp decline in shipper spending and freight volumes causes some to sound the recession alarm, but others still see slower growth, not steep decline, amid tariff threats.
19 Jun 2019
Ike, a developer of automated trucks led by veterans of Uber, Google and Apple, says ATs are entering a new phase, but still many years from widespread use.
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.
14 Jun 2019
Truckload rates out of Atlanta and the West Coast have increased significantly amid the arrival of the spring produce and retail season, and the movement of excess inventory from bonded warehouses.
13 Jun 2019
Trucking companies hauling oversized heavy freight saw revenue jump by double digits last year, but bigger and bigger shipments challenge specialized capacity.
13 Jun 2019
With chassis regimes at many ports and inland rail hubs cracking under pressure during peak periods, or plagued by on-again, off-again shortages and bad-order chassis, K+N executive Bill Rooney proposes an interoperable “utility” model in which an advisory board oversees availability and roadability.
12 Jun 2019
Canadian shippers preparing for the upcoming electronic logging device mandate have a good model in the US experience.
12 Jun 2019
Uber Freight has long been in the public glare, but an executive said the focus now is on long-term change centered around tweaking shipper perspectives on effective metrics.
11 Jun 2019
A roadside truck inspection blitz that typically depresses truck capacity gave US spot market truck rates a boost in early June, as produce and retail seasons heat up.
10 Jun 2019
Transportation consulting firm Trans-Logistics Group is expanding its advisory services for US freight shippers, opening an office in Chattanooga, Tennessee.
06 Jun 2019
Schneider and Landstar this week offered a tepid assessment of the truckload market in 2019 as spot rates continue to be down double digits from last year, while contract rates have turned negative, too. But there are positive signs in the data.
05 Jun 2019
Estes Express is one of several US less-than-truckload carriers expanding its non-LTL business as shippers look for more services from carrier partners.
04 Jun 2019
US shippers facing a new 5 percent tariff on Mexican goods are expected to rush goods north before a June 10 deadline. That could create more costly congestion.
31 May 2019
Robert Brasher will become chief commercial officer at Landstar System at a time in which revenue is declining as spot market truck rates fall from last year’s record highs.
30 May 2019
At the congested US-Mexico border, the focus is shifting from expediting stranded shipments to managing capacity to optimize the flow of truck freight.
29 May 2019
A last-minute export rush ahead of the Eid holiday slowdown has caused truck rates in Bangladesh to double, and in some cases triple.
23 May 2019
The largest US logistics provider is expanding its over-the-road service in Europe through an acquisition, its second purchase in Europe this year.
23 May 2019
Seasonal adjustments and other factors may have amplified a surprising truck tonnage gain reported by the American Trucking Associations last month.
21 May 2019
Quarter-to-quarter, the acceleration of the Truckload Capacity Index is slowing, indicating large carriers’ parking lots are getting full.
21 May 2019
Transloading or cross-docking helps expedite northbound freight as cross-border capacity imbalances and delays become more frequent.
21 May 2019
Retail giants Walmart and Amazon have entered into conversations directly with Class I railroads to enter in service agreements, bucking the historical structure in which shippers are required to use intermediaries to procure space.
20 May 2019
By adding an asset-based drop-and-hook trailer program to its digital brokerage platform, J.B. Hunt Transport Services is redrawing traditional business boundaries.
20 May 2019
At a time when freight volumes should be increasing, they’re slowing, casting a shadow over the outlook for US trucking and intermodal rail operators.