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.

 

News & Analysis

21 Aug 2016
The top U.S. and Canadian Trucking Companies, ranked by revenue and market segment, as researched by SJ Consulting Group.  
XPO in the second quarter recorded a profit, the first since CEO Bradley S. Jacobs took control of the company in 2011.
17 Aug 2016
Refinancing saves XPO Logistics money that can be reinvested in "optimizing" its global business.
12 Aug 2016
The controversial mandate requiring electronic logging devices in U.S. trucks by the end of next year will reappear before a federal court next month, jeopardizing the fate of the rule itself, and the so-called “capacity crunch” it was expected to generate.
11 Aug 2016
Canadian partner gives $2 billion U.S. trucking company more roads to run.
09 Aug 2016
Fast-growing BlueGrace Logistics should grow faster with support from private equity firm Warburg Pincus.
The U.S. economy created 255,000 jobs in July, a higher number than expected and although trucking employment has declined since 2015, it is still slightly above its pre-recession peak.
05 Aug 2016
Does an uptick in trucking jobs indicate the trucking market is stabilizing?

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.