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2017 CCJ Top 250: Revenue growth among for-hire carriers stagnant amid lackluster economic conditions in 2016

Trucking faced a myriad of headwinds in 2016 that resulted in anemic growth in most segments of the industry. Chief among them was a nine-year high in retail inventory-to-sales ratios in the first quarter that led to weak demand throughout much of the freight network for the rest of the year. A contentious presidential election cycle further dampened optimism for business investments, and consumer spending was frozen until the election was over. Both the general freight and refrigerated segments of the 2017 CCJ Top250 companies experienced stagnant financial results in 2016. Of those ... Read More..
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About the CCJ Top 250

Commercial Carrier Journal has ranked the top for-hire trucking companies since the late 1960s. The CCJ Top 250 represents the most comprehensive ranking of active carriers in the industry as it takes into account not only the revenues posted by a trucking company but also its fleet size and employment base. Rankings based strictly on revenues often capture activities that have only an indirect relationship to transportation. Blending revenue, equipment and ... Read More..