Top 25 LTL Carriers

Top 25 LTL Carriers

The combined revenue of the 25 largest U.S. less-than-truckload carriers jumped 9.1 percent to $32.3 billion as the pace of the U.S. economic recovery quickened in 2014. That compares with a 3.9 percent increase in 2013, the slowest year for LTL revenue growth since the recession. 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 2014. Altogether, the Top 25 LTL carriers account for 91 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.

Top 25 LTL Carriers in 2014

 

Key stories in LTL

Special Coverage

U.S. trucking companies continue to make more from less, with Saia, the 10th-largest U.S. less-than-truckload carrier, reporting bigger second-quarter profits on reduced revenue and tonnage.

News & Analysis

30 Jul 2015
Old Dominion Freight Line barely downshifted as the economy slowed in early 2015, increasing revenue, profit, shipments and tonnage year-over-year in the last quarter.
30 Jul 2015
A steep drop in fuel surcharges coupled with an increase in driver wages helped drag profit and revenue down at Con-way Freight and Con-way Truckload. Menlo Logistics lost revenue, but managed to increase profit.
29 Jul 2015
A slew of acquisitions helped Roadrunner Transportation increase truckload revenue. The company's LTL revenue, volume and tonnage dropped, but profits climbed.
25 Jul 2015
New England Motor Freight will open a 44-door terminal in Indianapolis July 27 as the multi-regional carrier builds density in lanes connecting the East Coast and Midwest.
14 Jul 2015
The average driver turnover rate dropped suddenly in the first quarter. Have waves of wage increases paid off for carriers, or is the decline a temporary blip?
26 Jun 2015
Truckload and less-than-truckload pricing expected to rise more quickly than freight volumes, as carriers seek to counter rising operating costs and shippers look to secure capacity.

Commentary

Less-than-truckload growth accelerated in a big way in 2014 as total market revenue grew 7.5 percent to a record $35.4 billion. After years of losing share to parcel and truckload carriers, it seems the LTL industry is finally regaining some of its old business.

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.