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

A truck during a delivery in Texas.
28 Feb 2018
Hub Group is levying surcharges on some shippers in Chicago, LA, Seattle, Dallas, and Atlanta on excess freight. Shippers said the fees range from $150 to $600. J.B. Hunt is also limiting the amount of excess freight accepted from shippers in certain markets but has not instituted surcharges.
Union Pacific Railroad.
23 Feb 2018
An end-to-end protective service for perishable, refrigerated goods and seafood in natural-water-environment containers is the cold chain railroad model, and its deployers argue they can grab reefer market share from other transport modes.
A truck travels on a US highway.
21 Feb 2018
Despite a big surge in net truck orders, shippers should not expect near-term relief from the US truck capacity crunch. Registration numbers have also increased, but have not erased shortages.
A truck on a highway in Utah.
13 Feb 2018
US trucking capacity is tightening faster than anticipated in the electronic logging era, and some shippers say that is making it tougher and costlier to move freight as they navigate between higher costs and increasingly constrictive customer demands.
US shippers have to balance limiting transportation costs with maintaining customer service.
06 Feb 2018
US surface transportation rates are rising, sometimes by double digits, and shippers find themselves caught between paying for higher transportation costs or imperiling customer service.
Werner reports strong demand for freight servics — and means rates are headed higher.
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.
29 Jan 2018
Expected and unexpected challenges have marked the start of the electronic logging device mandate era — magnifying shipper concerns about inadequate truck capacity and rising rates.
23 Jan 2018
US freight rates are set to rise not just this year, but into the near future, analysts predict. However, there is an upside for shippers to the strengthening US/global economies that are pushing up freight rates.
16 Jan 2018
The acquisition of Direct Right Cartage, which occurs as Canadian demand for intermodal climbs, helps expand Manitoulin Transport's links between Western and Central Canada.
28 Dec 2017
Tesla is touting with considerable fanfare its new, electric truck — the Semi. But which haul mission will the new truck perform best at?
27 Dec 2017
Capacity, not price, is king once again.
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.”
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.