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

31 Jul 2014
The strength of the 2014 economic recovery isn’t being questioned at Old Dominion Freight Line and Saia, two of the most profitable U.S. less-than-truckload carriers.
10 Jun 2014
Unable to secure financing needed to keep its trucks rolling, New Century Transportation is preparing to close its doors.
Trucking dashboard
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
12 May 2014
April showered less-than-truckload carriers with freight, as shippers responded to a surge in consumer spending in March and increased industrial demand.
25 Apr 2014
Severe winter weather may have kept many consumers from shopping at stores in the first quarter, but it didn’t freeze their computer keyboards.
14 Apr 2014
Old Dominion Freight Line is the latest less-than-truckload carrier to raise its tariff rates this year, as trucking costs rise across the board.

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.