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.
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.
01 Aug 2016
Strong hiring may have led to a new peak in trucking's hiring cycle. Is it downhill from here?


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.