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Journal of Commerce | Trucking Logistics - 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.
Updated: 2 hours 4 min ago

Dedicated trucking, digital drive Q4 growth at J.B. Hunt

Fri, 01/17/2020 - 12:43
[caption caption="Intermodal volumes began to expand, slowly, in the fourth quarter, J.B. Hunt said. Photo credit: J.B. Hunt Transport Services"][/caption]A wave of private shipper fleet conversions to dedicated trucking, alongside growth of a digital brokerage platform, pushed revenue at J.B. Hunt Transport Services to $2.45 billion in the fourth quarter,...

US spot truckload rates stabilize at start of 2020

Wed, 01/15/2020 - 13:57
[caption caption="In mid-January, DAT average spot truckload rates are still trending higher than December. Photo credit: Shutterstock.com"][/caption]After struggling to climb out of an abyss in late 2019, US spot truckload rates are stabilizing, an analysis of data from JOC.com and other parties shows. But at best those spot rates are...

As market changes, SMC3 adds truckload software

Tue, 01/14/2020 - 13:00
[caption caption="Increased use of TMS software is opening up opportunity for multimodal bidding events, SMC3 says. Photo credit: Shutterstock.com."][/caption]Shipper demand for broader transportation software solutions is hauling SMC3, a technology provider deeply rooted in the less-than-truckload (LTL) business, further into the truckload market. The company has added truckload functionality to...

Transplace acquisition expands collaborative shipping

Tue, 01/14/2020 - 03:00
[caption caption="Lanehub claims to have helped shippers match freight with 180,000 lanes. Photo credit: Shutterstock.com."][/caption]Transplace, a third-party logistics provider (3PL), is taking aim at empty miles in shipper and trucking networks by acquiring Lanehub, a cloud-based collaborative transportation platform that matches freight not with trucks, but with freight lanes, on...

Trucking loses jobs amid US industrial weakness

Fri, 01/10/2020 - 09:14
[caption caption="For-hire trucking employment has been falling since it peaked in July. Photo credit: Shutterstock.com."][/caption]Trucking employment fell in December for the first time in a decade, continuing a months-long decline during a period of weak freight demand and low unemployment.Seasonally adjusted data released Friday by the US Bureau of Labor...

Trimble, Kuebix plan TMS uniting truckers, shippers

Thu, 01/09/2020 - 14:18
[caption caption="Trimble customers already manage 1.3 million North American trucks, the company says. The acquisition of Kuebix gives it 21,000 shippers. Photo credit: Shutterstock.com."][/caption]Global technology firm Trimble is buying Kuebix, a US transportation management system (TMS) software vendor, in a bid to bridge the “chasms” between shippers, trucking companies, and...

DAT brings $68 billion in data to rate forecasting

Wed, 01/08/2020 - 14:17
[caption caption="Truck pricing forecasts are expected to reshape shipper-carrier contract negotiations. Photo credit: Shutterstock.com."][/caption]DAT Solutions is using predictive analytics technology to sift through more than $68 billion in annual spot and contract transactions to give cargo owners a better sense of what they could be paying for trucking over the...

USMCA will speed Customs, but freight likely to lag

Tue, 01/07/2020 - 12:53
[caption caption="Uniform rules at ports and other provisions of the new USMCA trade deal should speed Customs processes. Photo credit: Shutterstock.com."][/caption]The new free trade agreement between the United States, Mexico, and Canada promises greater efficiencies for shippers moving goods between Mexico and the US — on paper, at least. The proof...

Better data needed to deliver ELD’s shipper promise

Mon, 01/06/2020 - 13:07
[caption caption="ELDs increasingly will be the source of performance data sought by shippers. Photo credit: Shutterstock.com."][/caption](This is the second of a two-part report on the impact of the ELD mandate. The first part is available here.)For shippers, the electronic logging device (ELD) mandate changed supply chains in unexpected ways in...

ARO 2020: Visibility data key to improving trucking efficiency, service

Fri, 01/03/2020 - 06:19
[caption caption="Using GPS technology from carriers and brokers, nearly every US shipper can achieve 90 percent visibility into every truckload location by the end of 2020 if they make doing so a priority. Photo credit: Shutterstock.com."][/caption]This story appeared in the print edition of the Jan. 6, 2020, Journal of Commerce...

ARO 2020: US truckload carriers search for a turning point

Thu, 12/26/2019 - 08:37
[caption caption="Load-board operator DAT Solutions is forecasting a 5 percent increase in spot truckload rates and a 2 percent increase in contract rates in 2020. Photo credit: Shutterstock.com."][/caption]This story appeared in the print edition of the Jan. 6, 2020, Journal of Commerce Annual Review and Outlook.Truckload carriers in the United...

LoadDelivered to test if carrier loyalty pays

Thu, 12/26/2019 - 08:09
[caption caption="Small carriers have long had discount-based options to get paid quickly by brokers and shippers to manage systemic cash flow concerns in a tight margin industry. Photo credit: Shutterstock.com."][/caption]There’s an innate tension between the desire for shippers to extend payment terms to freight carriers and those carriers struggling to...

ARO 2020: Redefining the ‘truck driver problem’

Tue, 12/24/2019 - 08:39
[caption caption="The US truck driver population exceeded 1.8 million in 2018, a 23 percent increase from 2010, according to the US Bureau of Labor Statistics. Photo credit: Shutterstock.com."][/caption]This story appeared in the print edition of the Jan. 6, 2020, Journal of Commerce Annual Review and Outlook.Discussions about truck drivers often...

ARO 2020: A manifest for international trade in 2020

Fri, 12/20/2019 - 05:02
[caption caption="Some of the most important topics in the coming year will include visibility and continued digitization of shipping data, maritime low-sulfur fuel rules and decarbonization efforts, US port efficiency, and new legislation around truck driver classification. Photo credit: Shutterstock.com."][/caption]This story appeared in the print edition of the Jan. 6,...

Truck data gives carriers glimmer of hope

Thu, 12/19/2019 - 14:01
[caption caption="Although the Cass Freight Indexes are down, there is hope that an upward trajectory has begun that will result in volume and rate growth at some point in 2020. Photo credit: Shutterstock."][/caption]The Cass Freight Index for November has provided a glimmer of hope that spot truck pricing is recovering...

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