Top 25 LTL Trucking Companies

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: 2015 Report

 

Top 25 LTL carriers in 2013Top 25 LTL Carriers: 2014 Report

Key stories in LTL

Special Coverage

Old Dominion Freight Line is proving by example that there is plenty of life in the less-than-truckload model that served as the blueprint for trucking from the 1930s through deregulation in the 1980s.

News & Analysis

13 Feb 2016
South Carolina-based Southeastern Freight Lines is revamping its business in Canada, replacing an interline partnership with a direct cross-border offering that gives the company more control over door-to-door service.
11 Feb 2016
Jack Holmes, the career UPS executive who became president of UPS Freight in 2007, will retire in June. Rich McArdle, another UPS veteran, will take his place.
10 Feb 2016
Roadrunner Transportation Systems is adding less-than-truckload network capacity in Texas and Memphis and offering a guaranteed delivery service to expand business with industrial shippers.
08 Feb 2016
Saia was unable to ride pricing discipline to increased profitability in the fourth quarter as volume declines, which have hit other less-than-truckload operators, proved too much to overcome for the tenth-largest U.S. LTL carrier.
05 Feb 2016
Lower freight volumes drove YRC Freight to a loss in the fourth quarter, but the loss wasn’t enough to erase gains the less-than-truckload carrier made throughout the rest of 2015.
04 Feb 2016
At a time when LTL shipments and freight volumes in general declined, ODFL increased its fourth-quarter shipment count 8.2 percent, while increasing revenue and profit. Lower fuel surcharges slowed revenue growth, but the carrier outperformed its peers.

Commentary

The story of YRC Worldwide is not unlike that of the Titanic on its maiden voyage journey from the U.K. to New York City over a century ago. YRC Worldwide was headed to same fate if it had not been for the redirection of its “captain.”

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.