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

17 Feb 2017
More than 60 trucking groups joined to ask the new US transportation secretary to immediately rescind a key rule in the Compliance, Safety, Accountability or CSA initiative.
13 Feb 2017
The economic impact of a challenge to Mexican trucking in the United States is small, but the debate could fuel a growing trade dispute.
10 Feb 2017
The rapid development of safety-related technology for trucks will speed autonomous trucking, Ryder's chief technology officer says.
09 Feb 2017
Large less-than-truckload carriers are rolling into 2017 on a firmer foundation and look to boost pricing.
02 Feb 2017
A mandate many truckload carriers and drivers dread could bring more freight to less-than-truckload competitors, Old Dominion's David Congdon says.
26 Jan 2017
Speakers at the SMC3 Jump Start 2017 conference expect truckload and LTL rates to move up, modestly, in 2017.

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.