Top 25 LTL Trucking Companies

The Top 25 LTL carriers are hoping 2017 looks more like 2014, when revenue grew strongly, and less like 2015 and 2016. The combined revenue of the 25 largest LTL truckers was stuck at $32.1 billion in 2016, according to SJ Consulting data, but that was better than the 0.5 percent drop in 2015. The combined revenue of the Top 25 LTL trucking companies also is 9.6 percent higher than the pre-recession record of $29.3 billion in 2008, data show. In that same decade, the revenue of all other LTL carriers has dropped 35 percent to $2.8 billion. Total LTL industry revenue dropped 0.4 percent last year, from $35.1 billion to $34.9 billion, after falling 1 percent in 2015. This special topic page delivers the most recent JOC coverage of these 25 carriers and the LTL trucking sector.

 Key stories in LTL

News & Analysis

08 May 2017
A 40 percent increase in residential business threw ABF Freight System's delivery network out of kilter in the first quarter.
YRC Freight truck
16 Jan 2014
YRC Worldwide said it will revise its failed contract proposal, rather than put the proposal to a second vote. The company is in discussions with Teamsters union leaders.
14 Jan 2014
YRC Worldwide CEO James Welch urged employees “to stay focused on providing the best possible customer service” as the company works “diligently to explore all options available” after YRC Teamsters rejected the company’s contract proposal.
UPS Freight
13 Jan 2014
UPS Freight Teamsters approved a new five-year contract last weekend that raises wages but gives the LTL carrier some flexibility to subcontract line-haul work.
10 Jan 2014
YRC Teamsters decisively rejected proposed concessions, casting the company's ability to refinance $1.4 billion in debt before it comes due into doubt.
07 Jan 2014
YRC Worldwide and creditors led by Credit Suisse reached an agreement to refinance $1.15 billion in long-term debt due in 2014 and 2015, if the trucking giant's Teamsters employees agree to extend wage and benefit cuts.

Commentary

Last year proved another challenging one for truckload and LTL volumes.