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

27 Apr 2017
Higher industrial output helped increase the frequency and weight of LTL shipments in the first quarter at Old Dominion Freight Line.
11 Mar 2016
Revenue at the Top 25 U.S. LTL and truckload carriers declined overall in 2015, and any revenue gains were muted, two industry rankings researched and prepared for JOC.com by SJ Consulting Group show.
09 Mar 2016
The first shoots of spring U.S. freight demand appeared in February, with Saia and Old Dominion Freight Line reporting increases in shipments that could signal stronger or at least more stable manufacturing and freight shipping activity.
25 Feb 2016
Downturn? Recession? They're not in XPO Logistics' sights this year. The $7.6 billion logistics and transportation company sees e-commerce fueling many of its asset-based and non-asset business segments in North American and Europe.
19 Feb 2016
Third-party logistics providers already control about 25 percent of the less-than-truckload freight market, and that share is growing, as shippers look for 3PLs with assets and broad portfolios.
14 Feb 2016
E-commerce opportunities on both sides of the Canada-U.S. border are helping TransForce compensate for loss of energy, less-than-truckload volumes.

Commentary

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