Trucking companies constitute a massive force in the U.S. market, with high employment rates, new customer account both domestic and internationally, and continual rising profits. They manage to make money, often even when the economy’s not booming.
However, in the past year, the U.S. market has showed significant gains in terms of the economy and trucking companies have made gains right along with it.
The following statistics come from company reports about the 2015 year in terms of revenue and outlook.
The Top Five 2015 Trucking Companies
Coming in at the top, we have one of the most famous and instantly recognizable companies in the world: UPS. UPS shows no signs of putting on the brakes when it comes to gaining on the market and despite a slow holiday season, the company came out ahead with a fourteen percent profit growth. Their June 2015 earnings topped off at over 14 billion, with their international unit growing by double digits. They also showed strong growth domestically, and their company Q# podcast reflects a continued commitment to more expansion.
-C.H. Robinson Worldwide
This third party logistics resource also saw a slight revenue dip. However, they also made enough profit to spin into the top five. C.H. Robinson showed a Q3 revenue of over 3 billion. They are quickly gaining an even stronger hold on the trucking industry than ever expected by many in the business.
-Ryder Sully Chain Solutions
Ryder made their 2015 expectations known publicly when they released their Record Q2 results which were 1.57 billion. Furthermore, their Q4 Comparable EPS from Continuing Operations showed a rise of nineteen percent and set the wheels in motion for 2015 to qualify as a top profit year.
J.B. Hunt underwent lower surcharges. They managed to see their profit and volume rise by hitting the road and revealing astronomical growth. During the Q2 and Q3 of 2015, their profits came in at around 1.5 billion. They continue to offer logistics solutions as a major transport option for multiple corporations and expect to maintain their gains.
Exel merged with DHl and is set to change its name to DHL in 2016. Their company shows losses for 2015, but they still managed to break into the top five despite having customer delays and operating at a loss. Their merger with DHL is seen as a way to counteract the alarming skids they took in 2015.