We thought it would be an interesting exercise to take the 2019 Fortune 500 list and break out the top 100 U.S. shippers in order to determine how much freight those shippers control. Once we narrowed down the Fortune 500 to the top 100 shippers, we made several important assumptions. First, we assumed that the biggest shippers in the US spend 5% of their revenue on transportation. Next, we used a Goldman Sachs and SJ Consulting breakdown of the North American transportation industry. Using these assumptions, we believe the bottom line is that the top 100 shippers in the US account for 23% of total trucking spend.
You have selected content that's only available to members of FreightWaves Passport. As a member, you gain immediate access to the most in-depth and informative freight research available. It's your gateway to continuing education.
Members also get:
- Access to exclusive community dedicated to discussing the most important challenges facing freight.
- Monthly and Quarterly Freight Market reports keeping you informed of industry trends.
- 2 individual tickets to separate FreightWaves LIVE events throughout the year.
- Much, much more!
Click below to learn more and sign up today!
Existing Passport subscribers log in above.