The largest 50 US trucking firms saw their share of for-hire revenue jump by double-digits last year compared with pre-recession levels, as shippers give bigger carriers more business.
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Trucking Logistics
Trucking Logistics
Up-to-the-minute transportation news and expert analysis of trucking companies across the United States, from trucking industry news about such leading freight carriers as Swift Transportation and Old Dominion Freight Line to smaller regional trucking firms plying various cross-border and domestic routes.
The trucking industry landscape — both for asset and non-asset companies — is being transformed by new customer expectations and an explosion in logistics technology that amounts to a digital revolution. JOC coverage analyzes why and how transportation and logistics providers can either harness that technology or risk falling behind their competitors, unable to meet rising customer demands. For trucking companies and their customers, automating and improving processes also provides greater efficiencies and greater return on their investment.
JOC.com ranks the largest trucking companies each year and also provides rankings of the largest truckload and less-than-truckload carriers.
News & Analysis
29 Mar 2019
Bill Cassidy, senior editor, JOC provides his o
28 Mar 2019
Canadian shippers dependent on smaller trucking companies may be at risk of capacity shortages and higher costs as Canada’s ELD mandate draws closer.
27 Mar 2019
After a year of beta testing, Leaf Logistics is on the verge of opening a forward trucking contract market, and the Nodal Exchange on Friday will launch a freight futures market supplied with truckload data from FreightWaves and DAT Solutions.
27 Mar 2019
The capacity crunch of 2018 is history, and US truck shippers are enjoying rate relief, but the memory of last year’s crisis keeps collaboration top of mind.
26 Mar 2019
A proposal to prohibit double trailers from Mexican roads in response to concerns over accidents involving the vehicles has sparked concern among shippers that it will severely reduce trucking capacity in the country.
26 Mar 2019
For trucking companies, third-party logistics providers, and shippers alike, the lack of progress in this area after a year spent stressing the need for greater collaboration is disappointing.
22 Mar 2019
As retailers such as Walmart tighten delivery standards, suppliers should examine whether they should arrange for transportation or outsource this function to their retailer customers.
22 Mar 2019
Terms of the tentative pact between the Teamsters union and the largest unionized LTL operator aren’t final yet, but the extension of the current contract until May 31 should reassure skittish shippers.
22 Mar 2019
The switch from an incentive-based pricing model thus far has had little impact on traffic patterns at the Los Angeles-Long Beach port complex, but truckers are waiting to see how it operates once the ports are congestion free.
21 Mar 2019
Shippers should be on the lookout for increases in trucking and parcel accessorial charges as freight rates come under increasing pressure.
20 Mar 2019
After two straight years of double-digit increases in cargo robberies, Mexican transportation leaders are waiting to see whether security is improved by a new crime-fighting force created by the country’s new president.
20 Mar 2019
Higher volumes of lighter weight, short-distance e-commerce packages sap revenue and yield at FedEx Express, which also expects slower growth in international trade.
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.
19 Mar 2019
There are increasing signs that pricing power in the truckload market might be shifting towards shippers sooner rather than later, or it might just be a temporary blip before rates rise again in the spring.
18 Mar 2019
US economic growth and concerns over import tariffs combined with high truck utilization rates and tighter regulation of drivers to send freight rates soaring last year, spurring double-digit revenue growth at the largest US less-than-truckload and truckload carriers.
14 Mar 2019
A 20-point second-half drop in driver turnover rates at large truckload carriers indicates aggressive wage increases attracted drivers in 2018, helping to reset capacity in the trucking market.
13 Mar 2019
With the current labor agreement at YRC Worldwide expiring March 31, shippers are anxious for a new contract at one of the largest US LTL operators.
12 Mar 2019
Completion of a $450 million rights offering will keep Roadrunner’s LTL and truckload capacity on the road as the operator attempts to rebuild its business.
11 Mar 2019
Warehousing and storage companies increased employment a healthy 7 percent in February, outpacing overall US employment growth of 1.6 percent.
11 Mar 2019
Software provider project44 is looking to fill gaps in supply chain visibility, which it says occur most often at ports, rather than when cargo is at sea.
07 Mar 2019
As the US truckload market transitions away from a seller’s market in 2019, 3PLs want shippers to look at them as more than mere brokers, valuing them as supply chain consultants.
06 Mar 2019
As Amazon-era demands for speed are multiplying, time is as important a consideration as cost for BCOs weighing merchant and carrier container haulage.
05 Mar 2019
A coalition of BCOs, truckers, and railroads believe an interoperable pool would give shippers a backstop if any single provider ran out of chassis.
05 Mar 2019
The second-largest US LTL carrier reported growth in shipments and revenue in the first quarter, albeit at lower rates than in 2018.
05 Mar 2019
With spot and contract rates moving in opposite directions, trucking providers tell TPM 2019 it’s difficult to predict exactly where the market is headed in 2019.
05 Mar 2019
True innovation is difficult to implement and slow to spread in the transportation industry, where picking up the phone remains the most common way people conduct business.
01 Mar 2019
The DOT OIG's audit of FMCSA medical certification procedures and examiners is one example of how federal regulators are cracking down on truck and bus drivers in an effort to keep unqualified drivers off the road and reduce accidents and fatalities.
28 Feb 2019
Brazil’s new administration is treading carefully but firmly in handling truck and port labor disputes that have bubbled since Jair Bolsonaro took office as president in January.
27 Feb 2019
Upcoming trans-Pacific service contract talks give BCOs an opportunity to reassess haulage options, but choosing between carrier and merchant models requires a delicate balance between cost and control.
27 Feb 2019
VC-funded startups are joining established players in providing previously hard-to-get data around the critical transport legs between ports and distribution centers.
26 Feb 2019
With blank sailings kicking in and congestion at Chicago rail yards easing, terminal operators in LA-LB say they have turned the corner and they see end of congestion by mid-March
26 Feb 2019
VIDEO: With an electronic logging device (ELD) rule set to take effect this year, the Canadian container shipping industry is working to mitigate anticipated trucking pressures as the mandate will tighten capacity. JOC Executive Editor Mark Szakonyi spoke with Groupe Robert Vice President Martin Roy, and OEC Group President and CEO Marc Bibeau on how beneficial cargo owners can work with their transportation providers to mitigate. Those tactics are one of the various subjects that will be addressed at JOC’s Canada Trade Conference on June 3-5 in Toronto. https://events.joc.com/canada-trade-2019
26 Feb 2019
Double-digit revenue increases may be more difficult to come by this year than in 2018, but profits and acquisitions are expected to fuel the fastest-growing truckload and LTL companies.
22 Feb 2019
Heavy-duty truck orders are falling, but Class 8 tractors ordered in early 2018 are hitting the road.
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Commentary
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