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Apr.20, 2015

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Page 42 of 79 THE JOURNAL OF COMMERCE 43 TOP 50 TRUCKING COMPANIES SPECIAL REPORT A R E S U RG E N T E CO N O M Y kick-sta r ted t he revenue engines of the largest U.S. trucking companies in 2014, fueling the most rapid growth those big freight haulers have seen in three years. The data behind The Journal of Commerce's list of the Top 50 Trucking Companies, prepared by SJ Consulting Group in Pittsburgh, clearly show the effect of a few quarters of stronger economic expansion on top-line revenue at the largest U.S. trucking operators. U.S. gross domestic product has risen more than 3.5 percent in four of the six quarters since the third quarter of 2013, climbing 4.6 percent in last year's second quarter, 5 percent in the third quarter and 2.2 percent in the fourth quarter, according to the latest Commerce Department figures. (The economy contracted in the frigid first quarter of 2014.) The substantial growth of the Top 50 carri- ers also underscores a solid increase in freight demand that upended the transportation mar- ket in 2014, leading to rate increases for shippers as available truck capacity tightened and pric- ing power landed in carriers' laps. The stage is set for higher rate increases for shippers and greater revenue and profit for truckers in 2015, if the U.S. economic recovery sustains its faster By William B. Cassidy TRUCKING'S GROWTH TRIGGER ➞ A stronger economy and healthy demand pushed 2014 revenue up 10 percent at the Top 50 motor carriers

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