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

Special Coverage

Shippers are likely to see LTL rates and fuel surcharges rise in 2017.

News & Analysis

22 Mar 2017
FedEx Freight's latest quarterly earnings show LTL rates rising in the early months of 2017.
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.

Commentary

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