Top 25 LTL Trucking Companies

The combined revenue of the 25 largest U.S. less-than-truckload carriers dropped 0.5 percent to $32.1 billion as the pace of the U.S. economic recovery slowed in 2015, the first year of revenue contraction for the carrier group 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. The sudden hard stop in 2015 reflected an economic recovery that seemed to stumble over its 2014 success, but it still leaves the Top 25 LTL carriers just shy of 2014’s record revenue level of $32.3 billion. Overall, the decline in revenue may have had as much to do with falling fuel prices and surcharges as lower industrial demand and higher inventories. Altogether, the Top 25 LTL carriers account for 91.5 percent of total LTL trucking revenue, which SJ Consulting Estimates dropped 1 percent last year to $35.1 billion. This special topic page delivers the most recent JOC coverage of these 25 carriers and the LTL trucking sector.

 

Special Coverage

The strong surge in revenue U.S. less-than-truckload carriers enjoyed in 2014 ran out of gas last year, as weaker demand and lower fuel surcharges dragged down LTL trucking’s top line.

News & Analysis

24 May 2016
Estes Express will roll out Estes Final Mile by the end of 2016, as e-commerce grows and traditional freight markets stagnate.
12 May 2016
Old Dominion Freight Line is filling in gaps in its terminal network and building freight density.
11 May 2016
Although truckload carriers are getting more profitable, their efficiency is flagging, a survey by TMW Systems shows.
10 May 2016
Northeast regional LTL carrier A. Duie Pyle is blending warehousing, distribution and dedicated trucking to attract shippers.
09 May 2016
Facing a soft LTL market, Roadrunner takes steps to build out its U.S. network and attract freight from western Canada.
27 Apr 2016
The debate over dimensional-weight pricing has shifted from if to when it will be applied to less-than-truckload freight, the CEOs of some of the largest LTL trucking companies said at the 2016 NASSTRAC Shippers Conference.

Commentary

Despite the calm market in early 2016, a storm is forming that is going to hit the trucking industry. New regulations coming into play in the next several months and the increasing influence of a major retailer are prepped to cause significant turbulence in the U.S. trucking market.

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.