Fleet Management News & Business Info | Commercial Carrier Journal
Issue link: http://read.dmtmag.com/i/555101
Turn the page for the CCJ Top 250® foldout Trucking Co. and Central States Logistics in early 2014, and followed it up a year later with the acquisition of Towne Air Freight, No. 97 in last year's CCJ Top 250 ranking. XPO Logistics (No. 12), which initiated an aggressive acquisition strategy in the last several years after acquir- ing Pacer International, 3PD and Express-1, among others, continued with the acquisition of UX Special- ized Logistics and Urban Express earlier this year. It also completed a $3.5 billion acquisition of Lyon, France- based Norbert Dentressangle SA, which recently had acquired Des Moines, Iowa-based Jacobson Companies, further enhancing XPO's North American portfolio. The company says its North American revenues now total $4 billion annually. Celadon also moved up four spots to No. 35 thanks in part to adding capacity from the acquisitions of New Free- dom, Pa.-based A&S Services Groups (No. 197 in last year's ranking) and Hope Mills, N.C.-based Taylor Express. Phoenix-based Knight Transportation (No. 24) pur- chased Barr-Nunn (No. 187 last year) in October 2014 for $112 million, adding 547 tractors and 1,780 trailers to its dry van business. North of the border, Montreal-based TransForce – No. 7 and Canada's largest trucking company – continued its torrid pace of acquisitions in recent years with six stra- tegic purchases, most notably the $495 million acquisi- tion of Ontario-based Contrans Group. While the regulatory environment continues to swirl with a pending final rule for electronic logging devices and proposed rules for minimum entry-level driver train- ing requirements and speed limiters still in the works, the industry's top for-hire carriers continue to face an onslaught of driver recruiting and productivity challenges from Washington. However, if the continued good news in consumer spending continues to propel economic growth and fuel prices remain low, these factors should help sustain momentum for trucking's top fleets. *Excludes outlying operations that likely would skew a segment's gures for various reasons, such as their unusual scope or operating prole 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 2013 and 2014 CCJ TOP 250 BREAKDOWN BY SEGMENT Estimated Power revenue change Revenue per Revenue per Segment Carriers % of total units % of total 2013 to 2014** power unit* driver* As we have done the last two years, much of the detailed data you are accustomed to seeing in previous print versions of the CCJ Top 250 package has moved online to ccjtop250.com, where you have more options for viewing and sorting the information than you do in a static print publication. In addition to viewing the entire CCJ Top 250 database of information, you can sort by primary segment type to get a closer look at a carrier's performance in relation to its peers. In the pages that follow, you will see where the trucking compa - nies rank and learn more about some of the eets in the CCJ Top 250 as chosen by our editors. Go to www.ccjtop250.com for more detailed information! COMMERCIAL CARRIER JOURNAL | AUGUST 2015 49 Dedicated contract carriage 18 7.2% 27,458 4.2% 10.9% $254,277 $208,244 Flatbed/specialized/heavy haul 25 10.0% 33,184 5.1% 7.8% $185,148 $189,366 General freight 117 46.8% 282,833 43.6% 14.0% $289,746 $260,447 Household goods 9 3.6% 17,209 2.6% 3.4% $207,591 $202,714 Intermodal 8 3.2% 9,274 1.4% 3.2% $155,228 $156,935 Motor vehicles 8 3.2% 10,198 1.6% 9.3% $228,083 $227,348 Packages/small shipments 4 1.6% 203,867 31.3% 3.2% $272,320 $235,376 Refrigerated 23 9.2% 31,086 4.8% 10.2% $251,861 $245,142 Tank/bulk commodities 38 15.2% 35,459 5.4% 9.4% $233,121 $228,779