Fleet Management News & Business Info | Commercial Carrier Journal
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Turn the page for the CCJ Top 250® foldout technology provider for the home delivery industry. The move will provide Schneider with new opportunities in the growing e-commerce business segment. Also in June 2016, trucking conglomerate Transport Investments Inc. (No. 81) purchased former CCJ Top 250 company Jones Motor Group, a flatbed hauler with roots back to 1894 and believed to be the oldest carrier in the in- dustry. The 500-truck acquisition brings TII's independent contractor count to more than 1,400 drivers. CRST International acquired Chino, Calif.-based regional truckload carrier Gardner Trucking (No. 67 in last year's CCJ Top 250), complementing CRST's business in drayage, warehousing, short-haul and local markets. The acquisition boosts CRST's driver count from roughly 8,000 to 10,000, helping the Cedar Rapids, Iowa-based carrier climb 10 spots to No. 13 this year. XPO Logistics' 2015 acquisition of Con-way led to a jump from No. 12 to No. 3 in last year's CCJ Top 250 rank- ing. Just one year later, however, XPO sold the truckload portion of the Con-way business to TFI International (No. 7) – formerly known as TransForce – augmenting the Ca- nadian carrier's existing U.S.-based freight system with sub- sidiary Transport America. XPO's divestiture was enough to vault Swift Transportation into the No. 3 spot on this year's list, with XPO sliding to No. 4. Speaking of Swift, both it and Knight Transportation (No. 25) still are listed as separate companies in this year's ranking since the pending merger between the Phoenix- based trucking giants announced in April 2017 likely won't take effect until later this year. When it does, the newly formed company, Knight-Swift Transportation Holdings, likely will lock down the No. 3 spot in next year's ranking as the industry's largest truckload carrier. Other companies acquired in the first seven months of 2017 also don't appear in this year's list, including Wilson Trucking (No. 131 in last year's CCJ Top 250), which was purchased by Waco, Texas-based Central Freight Lines (No. 90); Interstate Distributor Co. (No. 74 last year), acquired by Heartland Express (No. 28); and Estenson Logistics (No. 91 last year), acquired by Hub Group Trucking (No. 30). Another absence from this year's ranking comes not via acquisition but bankruptcy. Graebel Van Lines (No. 148 in last year's CCJ Top 250), once one of North America's larg- est household goods movers, announced in a letter posted on its website last March that it was ceasing operations im- mediately and liquidating assets to satisfy creditor liens. *Excludes outlying operations that likely would skew a segment's figures for various reasons, such as their unusual scope or operating profile or the inclusion of revenues that is beyond either North America or transportation by truck. **Based on companies that self-reported revenue data for both 2015 and 2016. CCJ TOP 250 BREAKDOWN BY SEGMENT Estimated Power revenue change Revenue per Revenue per Segment Carriers % of total units % of total 2015 to 2016** power unit* driver* Go to CCJTop250.com for more detailed information! The 2017 CCJ Top 250 rankings are comprised from a large data set used to calculate the annual list, including revenues and counts on power units, trailers, drivers and other company information. You can view the detailed information at CCJTop250.com and sort by primary segment type to get a closer look at a carrier's performance in relation to its peers. You also can view carriers by rank in several other variables. In the pages that follow, you will see where the trucking companies rank and learn more about some of the fleets in the CCJ Top 250 as chosen by our editors. commercial carrier journal | august 2017 55 Dedicated contract carriage 19 7.6% 29,240 4.4% 5.6% $223,416 $213,345 Flatbed/specialized/heavy haul 25 10.0% 31,006 4.7% -1.7% $175,548 $176,096 General freight 118 47.2% 259,845 39.4% 0.3% $268,479 $257,232 Household goods 8 3.2% 16,293 2.5% -5.2% $220,998 $229,977 Intermodal 8 3.2% 14,270 2.2% 6.0% $143,740 $144,238 Motor vehicles 8 3.2% 10,471 1.6% -3.4% $251,744 $263,021 Packages/small shipments 4 1.6% 232,212 35.2% 7.2% $287,930 $298,583 Refrigerated 23 9.2% 31,902 4.8% 0.0% $235,211 $218,328 Tank/bulk commodities 37 14.8% 34,647 5.2% -7.7% $221,733 $218,504