Top 50 Trucking Companies

Despite softening spot rates in some modes, overall supply chain costs are rising, with higher interest rates putting more pressure on inventories, according to the CSCMP State of Logistics report.

C.H. Robinson Worldwide says the changing trucking market is driving up demand for automated spot pricing quotes by double-digit percentages.

The addition of 22,500 trucking employees in May after a 14,900-gain in real jobs in April reveals a trucking sector confident in continuing freight demand as markets realign in 2022.

For some US retailers, inventories are too high, but others are steadily building stockpiles to mitigate supply chain risks ahead of the year-end holidays, keeping freight demand high.

Increases in industrial production and retail sales in April suggest continuing strength in overall freight demand, despite tumbling truckload spot rates.

The debate over whether a freight recession is starting in US trucking is getting hotter as spot rates decline but other demand and pricing indicators stay positive.

Shipper demand for more integrated port-to-door logistics is driving development of new, denser distribution networks, with facilities popping up in previously overlooked locations, Ryder System said.

Carrier executives say US transportation markets are stabilizing, with spot rates falling as freight shifts to contract carriers, but new approaches to contracting and planning are needed to control costs.

A trucker blockade at a small US-Canada border crossing will bring big cost increases for cross-border shippers, as US carriers begin to embargo or reroute freight hundreds of miles.

Bassett Furniture is turning over the keys to its Zenith Freight Lines subsidiary to J.B. Hunt Transport Services, seeking a new strategy to speed freight and reduce order backlogs.

The diversion of freight from intermodal rail to truck adds miles to import shipments, significantly increasing costs, the Cass Freight Index finds.

The for-hire trucking industry lost jobs in November, as it typically does, but fewer than anticipated as couriers and warehouses grabbed the most new employees amid strong pre-holiday demand.

A survey of independent truckers and small trucking firms by Truckstop.com and Bloomberg Intelligence found them optimistic about the potential for higher contract and spot rates next year.

Retail inventories are rising but remain 9.2 percent below the pre-pandemic high point in terms of value, and shippers are trying every possible strategy to avoid stockouts.

Choptank expands Hub Group’s refrigerated brokerage business as US shippers demand greater access to transportation capacity across modes and sectors.

A reallocation of assets and workers across the transportation landscape, combined with inventory rebuilding, complicates the outlook for US shippers in 2022, speakers told the JOC Inland Distribution webcast.

The for-hire trucking industry lost 1,600 jobs last month, but the Labor Department expected a bigger drop, as transit, warehousing and courier employment surged.

Recent merger and acquisition activity, such as the ArcBest-Molo deal, proves many investors believe opportunity lies in third-party logistics providers.

Jam-packed West Coast warehouses are pushing more freight inland earlier, raising spot prices and expedited trucking costs in lanes out of the Los Angeles region faster than expected.

A rapid evolution in how US shippers contract with truckload carriers is driving growth at Emerge and drawing $130 million in fresh private equity funding to its digital procurement platform.

National drayage operator RoadOne is filling in gaps in its service network through acquisitions, and expanding transloading services as container backlogs build up at ports.

A stronger than expected round of hiring in August brought transportation and warehousing payrolls back to pre-pandemic levels, but new employees aren’t distributed evenly.

Shippers will see spot market truck rates rise in lanes across the US as Hurricane Ida’s powerful punch adds to growing supply chain disruption.

Instead of waiting for autonomous trucks, shippers starving for capacity should automate processes starting with freight pickup and delivery to save drivers time, says MIT FreightLab’s co-director.

The last-mile divisions of logistics providers Ryder Systems and TFI International are building new hubs and remodeling existing networks to deliver increased speed-to-market for their retail customers.

Truckload rates should begin to flatten as freight volumes and networks “max out,” but shippers shouldn’t expect pricing to slip very far, Michigan State University’s Jason Miller tells JOC.com.

Digital broker Uber Freight is expanding its truckload platform to encompass LTL, as strapped US shippers turn to LTL carriers and 3PLs such as BlueGrace for capacity.

An ‘unprecedented’ number of new motor carriers is hitting US roads, but they represent a shift in capacity, not an expansion, according to experts.

Shortages of trailers, containers, chassis, and drivers helped draw down volumes 3 percent in June from May, but the rates measured by the Cass Freight Index shot up 11 percent month to month.

More buyouts, big and small, are likely in trucking as carriers battle for assets and especially truck drivers. But they’re also responding to opportunities created by shifts in freight demand.

As the US economy reopens, more states are speeding up the permitting process for oversize/overweight flatbed loads, as cargo diversion complicates routing.

Housing, energy, and manufacturing are generating intense demand for flatbed transportation at a time when a shortage of materials is disrupting supply chains.

The US for-hire trucking industry has added 25,100 jobs over the past three months, but the US economy appears to be expanding faster than trucking recruiters can hire workers.

The Coyote Curve truckload market forecast calls for a new spot pricing peak in the third quarter, but the pricing cycle may not turn downward until 2022.

The Coyote Curve truckload market forecast calls for a new spot pricing peak in the third quarter, but the pricing cycle may not turn downward until 2022.

The largest US truckload operator, Knight-Swift, acquired non-asset 3PL UTXL to gain access to additional trucks and drivers, as well as new logistics services.

As container vessels and freight clog major ports, oversized and overweight project cargo is being rerouted coast to coast, driving up ocean shipping and inland transportation costs.

US shippers and truckers are struggling to expand their trailer pools as demand for drop-and-hook trailer service rises and manufacturing backlogs stretch into 2022.

Despite a sharp overall drop in the number of truck driver speeding violations last year, excessive speeding remains a problem, FMCSA violations data show.

Unadjusted US tonnage data from the American Trucking Associations shows freight returned to the highways after a frozen February, propelling truck spot pricing to a new ceiling.