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

Saia has expansion on the mind despite a fall in LTL shipment volume in the third quarter.
26 Oct 2016
Cranking up profits and gaining freight, the multiregional less-than-truckload carrier looks to fill one of the last large gaps in its coverage.
21 Oct 2016
Old Dominion Freight Lines avoided damage and used technology and phones to keep close contact with customers as storm and flooding pummeled its home state.
06 Oct 2016
XPO Logistics will spend $425 million this year on technology to get the most out of diverse international operations and optimize customer supply chains, says CEO Bradley S. Jacobs.
21 Sep 2016
TNT's European road network, and its ability to handle profitable palletized freight, will be important to FedEx as it integrates global express operations.
20 Sep 2016
FedEx raised revenue, profit in its first quarter as owner of TNT Express, despite integration costs following acquisition.
20 Sep 2016
Seasonal adjustments may account, in part, for an unusually strong gain in truck tonnage in "difficult-to-read" August.


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.