Truckload Freight

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.

Webcasts

US-Canada Trade: Analyzing the Outlook
May 2, 2019 2:00PM EDT
US-Mexico Trade: A New Era Takes Shape for Importers and Exporters
May 16, 2019 2:00PM EDT

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

01 Apr 2019
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.
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.
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.
21 Mar 2019
Shippers should be on the lookout for increases in trucking and parcel accessorial charges as freight rates come under increasing pressure.
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.
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.
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.
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.
20 Feb 2019
US transportation markets are coming into balance, heading toward slower growth in volume and pricing in 2019, according to economic indicators and reports.
19 Feb 2019
After doubling revenue through mergers in two years, specialized flatbed operator will double down on services, building back-office links among subsidiaries.
14 Feb 2019
COO and soon-to-be CEO Bob Biesterfeld tells JOC.com US truckload rates are likely to continue to rise in 2019 despite a rebalancing of capacity.
13 Feb 2019
More diversified, balanced asset, non-asset services provide a hedge against economic swings for US shippers, truckload carriers
08 Feb 2019
US truck capacity loosened significantly in the first quarter, especially on the spot market, but shippers shouldn't expect a "glut" of excess capacity this year.
06 Feb 2019
Collaboration is still high on the to-do list of US shippers and their transportation and logistics partners in 2019, despite slower economic expansion.
04 Feb 2019
Trucking operator Schneider National is evolving to meet increased shipper expectations by harnessing new technology, adapting to new customer requirements, and focusing on higher productivity.
01 Feb 2019
The US economy won't run off the road this year, but keep an eye on trade, tariffs, and 2020, economists say at SMC3's Jump Start 2019 event.
Truck US.
30 Jan 2019
This stark rates dichotomy within the truckload industry is directly tied to shipping patterns.
A wind farm in the United States.
30 Jan 2019
Several US ports, many in the Gulf, are expecting a surge in wind cargo during the next 24 months.
Norfolk Southern.
29 Jan 2019
Ripples from last year’s ELD mandate are still reverberating down rail tracks.
Warehouse supply chain.
25 Jan 2019
Capacity may ebb and flow, but e-commerce will keep pressure on shippers to adopt technology and review supply chain strategies, says DHL Supply Chain’s Jim Monkmeyer.
A truck travels on a US road.
24 Jan 2019
Many variables have affected capacity, but heightened economic activity has been the main factor squeezing US capacity since 2017.
Knight-Swift Transportation.
17 Jan 2019
Knight-Swift projects higher fourth-quarter, first-quarter earnings, but analysts are not doing the same for 2019 truckload pricing forecasts.
Trucks travel on a US highway.
16 Jan 2019
Schneider's adoption of the new systems places in stark relief the need for brokers to differentiate.
A truck travels on a US road.
15 Jan 2019
Even owner-operators work under ‘contracts of employment,’ the US Supreme Court said, which means claims of misclassification, ‘stolen wages,’ can’t be forced into arbitration.
A truck travels in the United States.
09 Jan 2019
With the US Securities and Exchange Commission closed, Roadrunner is looking for a run-around to push its rights offering and recovery plan forward.
Trucks travel on a road in the United States.
09 Jan 2019
Widespread labor shortages affect not just trucking but all aspects of transportation and logistics.
A truck travels on a US road.
07 Jan 2019
The solution to the US truck driver problem will require a proactive, engaged performance by shippers.
A truck travels in the United States.
04 Jan 2019
With competition for truck drivers strong, firms are deploying new tactics to recruit talent.
A truck travels on a US road.
02 Jan 2019
More truck drivers are choosing to work for smaller carriers, and that’s not making it easier for shippers to source capacity. This is the second in a series of articles.