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

18 Jul 2017
XPO Logistics expects a healthy increase in revenue in the second quarter from the first quarter and a year ago, as freight demand in the US picks up.
09 Aug 2016
Fast-growing BlueGrace Logistics should grow faster with support from private equity firm Warburg Pincus.
The U.S. economy created 255,000 jobs in July, a higher number than expected and although trucking employment has declined since 2015, it is still slightly above its pre-recession peak.
05 Aug 2016
Does an uptick in trucking jobs indicate the trucking market is stabilizing?
04 Aug 2016
With cost controls, disciplined pricing and a sharp eye on volume margins, XPO Logistics positions LTL for more profitable growth.
04 Aug 2016
Small carriers may have gained more revenue than their larger counterparts last year, reversing a recent trend. Can they do it again in 2016?
01 Aug 2016
Despite lower volumes, many LTL carriers say they are still winning contractual rate increases.

Commentary

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