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

Special Coverage

Truckload carriers of all sizes and types suffered in last year’s freight slump, but they did not suffer equally.

News & Analysis

18 Aug 2017
Does an atypically "robust" summer for US freight demand signal higher road and rail rates ahead for shippers?
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.
14 Jun 2017
Penske to acquire truck leasing, dedicated logistics business owned by family that founded Old Dominion Freight Line.
07 Jun 2017
With API tool, logistics technology company project44 aims to help shippers find capacity for lower-cost "volume LTL" shipments.
05 Jun 2017
ODFL’s mid-quarter update is the latest indication that freight volumes and shipping costs are rising in the United States.
25 May 2017
LTL operator's chief customer officer says his company and others need to change "mindset," work with customers to avoid disruption in the Amazon era.

Commentary

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