Five trucking companies make Forbes’ 100 Most Trusted Companies list
Mega fleets Con-way (No. 4 in the CCJ Top 250), Werner (No. 10), Old Dominion (No. 12), Knight (No. 25) and Marten (No. 46) were among Forbes’ annual 100 Most Trusted Companies list, released this week.
Con-way, Knight, Old Dominion and Werner all ranked in the Mid Cap category, which consists of companies with a market cap between $1 billion and $5 billion.
Marten scored in the Small Cap category, companies with a market cap between $250 million and $1 billion.
The list of 100 is calculated based on ratings from GMI, who reviews the accounting and governance behaviors of about 8,000 publicly traded companies in North America. Factors like consistency, transparency, management practices and lack of high risk events are used to rate the companies to produce the so-called Aggressive Accounting and Governance Risk score.
The list is not ranked 1-100, but is instead broken down by market cap size and alphabetical order.
"There probably should be some minimum standards. But as long as the ...