Top 25 LTL Carriers

Top 25 LTL Carriers

The 25 largest U.S. less-than-truckload carriers raised their combined revenue 3.9 percent to $29.5 billion in 2013, continuing a long, slow recovery from a disastrous 2009, when the LTL group lost nearly 25 percent of its revenue. The JOC and SJ Consulting Group annually rank the top 25 LTL trucking companies and track the sector’s progress toward economic recovery. Years of network re-engineering are beginning to pay off for many of the large carriers, though mid-sized companies on the Top 25 list grew the fastest in 2013. Altogether, the Top 25 LTL carriers account for almost 90 percent of total LTL trucking revenue. This special topic page delivers the most recent JOC coverage of these 25 carriers and the LTL trucking sector.

Key stories in LTL

Special Coverage

Top 25 LTL Carriers slideshow thumbnail
Revenue rose 3.9 percent at the 25 largest U.S. less-than-truckload carriers in 2013, hitting to $29.5 billion in 2013, as the segment continued its long, slow recovery from a disastrous 2009, when the LTL group lost nearly 25 percent of its revenue.

News & Analysis

27 Jan 2015
Canada's second-largest LTL operator pushed deeper into Western Canada by acquiring a division of Alberta-based Hi-Way 13.
Norfolk Southern in the snow
27 Jan 2015
Railroads and trucking companies said shipping delays would be unavoidable Tuesday in the wake of severe winter weather that dropped as much as 2 feet of snow in some corners of the Northeast.
06 Jan 2015
ABF Logistics, a subsidiary of transportation holding group ArcBest, expanded by acquiring truckload brokerage Smart Lines.
12 Dec 2014
Con-way Freight workers in Miami Lakes, Florida, voted to join the Teamsters union, making their facility the third in Con-way's LTL network to go union. Three other terminals have rejected the Teamsters.
12 Dec 2014
Regional LTL carrier Holland commits to hiring 500 veterans, seeking drivers and other workers as the U.S. military reduces its overseas forces.
11 Dec 2014
As large LTL carriers and international shippers begin to develop density-based pricing alternatives, the classification system still dominates LTL costing and, by extension, pricing.

Commentary

Better operating margins are finally on the horizon for the less-than-truckload industry. LTL profitability has been dismal for years, with most large carriers reporting operating ratios above 95.

Video

Senior Editor Bill Cassidy interviews YRC Worldwide CEO James Welch, who is getting closer to his goal of returning the troubled less-than-truckload operator to profitability.