6 Biggest Trucking Companies in the United States of America
In 2014 the logistic and transportation industry in the USA represented 8.3% of its Gross Domestic Product (GDP). In 2014, the total spending in this industry was$1.45 trillion. Needless to say, this industry has an important part to play in the country’s economy. One of the major sub-sectors of this industry is trucking. According to the American Trucking Association, trucks are responsible for moving about 9.2 billion tons of freight throughout the year. There are thousands of trucking companies operating in the USA, however, among all, the following are the biggest:
1. United Parcel Service or UPS
Headquartered in Atlanta, UPS delivers over 15 million packages to more than 200 regions and millions of customers throughout the world. In 2015, UPS was ranked no. 1 transport and logistics company by Transport Topics. The company was started in 1907 by two teenagers and now, it has grown to become a multi-billion dollar company. UPS strives to excel in delivering parcels on the right time. The company culture offers a fulfilled life to their employees and also offers health insurance to their drivers.
2. Fed Ex
This company is one of the most famous trucking and logistics companies in America. In 2016, Fed Ex grabbed the 8th position in the Fortune’s list of the “World’s Most Admired Companies” and has recognized as no. 1 company in the delivery industry. The company employs over a million employees all over the world and ensures that they deliver the best service with highest customer satisfaction. Not only that, the company also takes great care of their employees.
This is one of the largest transportation and logistics companies in North America and is famous for providing excellent service. They deliver freights and parcels to their customers across the USA, Canada and Mexico and usually have a multi-modal approach to operation. This Fortune 500 company was founded in 1961 by Johnle Bryan Hunt.
4. Schneider National
This the largest privately owned trucking and logistics company in the USA. Headquartered in Green Bay and Wisconsin, Schneider National operates about 40,000 trailers and 14,000 tractors. It has a partnership with more than 6,000 carriers which helps them provide a smooth service.
5. Roadway Express
This trucking company transports more than 49,000 shipments each day. With a wide network of over 30,000 trailers, more than 8,000 tractors, Roadway ensures quick service in shortest possible time.
6. YRC Freight System
Founded in 1924 in Oklahoma City, YRC Freight is one of the largest long-haul carrier services operating in the USA. Originally a Cab company, Yellow Freight entered trucking business in 1924. With a wide network, this company specializes in providing logistics solution across North America.
Hopefully, this list gives you an overview of the leading players in the trucking industry. If you are looking for mergers and acquisitions consultants for transportation companies, get in touch with us at http://linqpartners.com/contact-us/