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

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.
04 Dec 2015
Transporation holding company Arcbest, the parent of ABF Freight, expanded its asset-light business by adding truckload broker Bear Transportation to fast-growing ABF Logistics.
02 Dec 2015
Old Dominion Freight Line barreled past signs warning U.S. shipping was slowing in the first two months of the fourth quarter, handling more shipments and higher freight tonnage.
21 Nov 2015
Less-than-truckload shipments increased marginally in the first nine months of 2015, as freight revenue plummeted, thanks largely to the drop in fuel surcharges, SJ Consulting Group says.
17 Nov 2015
ODFL is offering some shippers a chance to ditch fuel surcharges, a step that could lead to LTL pricing more closely aligned with service and actual costs.
05 Nov 2015
Old Dominion Freight Line is rebuilding its drayage model around company drivers to better align container hauling with its less-than-truckload business and avoid court battles over worker classification. The less-than-truckload carrier is also focusing more on East Coast ports.


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.