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

28 Jul 2016
The slight year-over-year drop in quarterly revenue was the first for ODFL since 2009.
High inventories continue to drag on demand for trucking and transportation services.
19 Jul 2016
Tonnage drops in June despite other improving indicators for trucking.
01 Jul 2016
It's a hard economy for smaller U.S. trucking companies such as Nebraska Transport Company. The carrier believes technology, partnerships can help it not just survive, but thrive.
02 Jun 2016
Less-than-truckload shipments only inched upward in May.
31 May 2016
The battle over truck driver hours-of-service and the 34-hour restart will likely roll into a House-Senate conference committee this summer.
26 May 2016
By many accounts, the U.S. is in a freight recession. So why are regional less-than-truckload carriers building terminals, expanding into new territories and adding customers?

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.