Five Biggest Trucking Companies

One of the first questions we ask an applicant is where he will be putting the truck to work. More often than not the answer comes down to these five companies. The most common we here of are UPS, Fedex, Schneider, Roadway, and Yellow Transportation. Interestingly I researched these findings and have found the same results. An exception to this is that there are a lot of owner operators working through brokers. This is both good news and bad news for a potential lender.Some owner operators use brokers as sort of a hit and miss source of business. They check the load boards every so often and if they find a load, great. Other, more established truckers have a relationship with a small selection of brokers that feed them a steady stream of business. This a better way to work. Not much is left to chance. Bottom line, try to hook up with one of the large carriers mentioned above. Otherwise develop relationships with a few brokers and strengthen those relationships through consistency, reliability, and hard work.

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