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

Old Dominion Freight Line
02 Mar 2015
Old Dominion Freight Line will keep its long-term expansion rolling this year, spending $463 million on terminals, tractors, technology and people.
24 Feb 2015
Increase shows momentum of U.S. economic recovery keeping pace, as American Trucking Associations tonnage index rises to highest level on record.
24 Feb 2015
Don't be fooled by a seasonal drop in net trailer orders in January — a stronger economy and changing equipment strategies are contributing to a "vibrant" trailer market in the U.S., as FTR sales data show.
10 Feb 2015
Trucking hiring soared in 2014, climbing nearly 90 percent from 2013 as for-hire carriers aggressively recruited employees and raised driver pay. Those efforts still wasn't enough to end a driver shortage.
06 Feb 2015
Expedited business is up 10 percent year-over-year at regional Western trucking company Reddaway, thanks in part to extreme delays at West Coast ports.
04 Feb 2015
Regional less-than-truckload carrier Reddaway is the latest trucker to offer an accelerated service option as port congestion and tight truck capacity challenge time-definite supply chains.

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.