1、Private eet operators are weathering the storm as rapidly shifting trade policies create market uncertainty and roil international supply chains TARIFFTURBULENCEA TRANSPORT TOPICS PUBLICATIONTHE DEFINITIVE ANNUAL RANKING OF NORTH AMERICAS LARGEST PRIVATE TRUCKING FLEETSPRIVATE CARRIERS2025THE TRANSP
2、ORT TOPICSINSIDE:THE TOP 100 LISTThe largest private carriers in North Amer-ica have been navigating unpredictable markets and shifting freight patterns this year as tariffs and trade negotiations shake up the status quo for international supply chains.While operating conditions vary from one seg-me
3、nt of the economy to the next,all the compa-nies that appear on the 2025 Transport Topics Top 100 Private Carriers list have been adapting to a changing business landscape in their own way.Despite the supply chain upheaval,this annual ranking of private fleet operators has remained relatively stable
4、 with the top six companies retain-ing their same rankings as a year ago.Retail giant Walmart Inc.claims the No.1 po-sition for a second straight year after slightly ex-panding its tractor fleet to 12,696 power units and extending its lead over No.2 PepsiCo Inc.,which it overtook last year for the t
5、op spot.Prior to that,the soft drink and snack food company had topped this list for the previous 14 years.While Walmart continued to grow its fleet last year,albeit at a slower pace,many other large pri-vate carriers hit the pause button.A narrow major-ity of companies on this years Top 100 list ei
6、ther trimmed the size of their in-house truck fleets or maintained the same tractor count as a year ago.That shift may indicate a slowdown in the invest-ments that many shippers have made in their own private fleets in recent years,even at a time when for-hire truck capacity has been abundant and av