Biggest Trucking Companies See Revenue Rise 9.4%
The 50 largest U.S. trucking companies saw revenue rise a collective 9.4 percent to $85.4 billion in 2010, after shrinking 17.7 percent during the recession in 2009, according to The Journal of Commerce's list of the Top 50 Trucking Companies of 2010
The 50 largest U.S. trucking companies saw revenue rise a collective 9.4 percent to $85.4 billion in 2010, after shrinking 17.7 percent during the recession in 2009, according to The Journal of Commerce's list of the Top 50 Trucking Companies of 2010.
Truckload carriers did even better, growing revenue 11.1 percent on average last year. Parcel and same-day carriers increased revenue an average on 9.3 percent, while less-than-truckload carriers grew 6.4 percent.
It was the best performance by the companies on the list since 2004.
There were 16 companies on the list with more than a billion dollars in annual revenue, with three more reaching that category on this year's list. Collectively, the 16 saw their revenues rise by 14.1 percent. Two of those topped $10 billion -- UPS and FedEx.
The Top 50 list is produced by SJ Consulting Group, Pittsburgh, for The Journal of Commerce. A full report on the 2010 Top 50 will be published in the April 18 issue.
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