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?
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.
Of the large publicly owned less-than-truckload carriers, only Old Dominion Freight Line and FedEx Freight had more shipments in the second quarter than a year ago.
13 Sep 2016
Many of the largest less-than-truckload carriers are seeking increases in non-contract rates despite the weak freight market.
07 Sep 2016
Acquisition of LDS gives ArcBest subsidiary ABF Logistics a route into fast-growing dedicated market.
06 Sep 2016
Old Dominion Freight Line experienced shipments and tonnage decline year-over-year in August. A contraction in US manufacturing output may be partly to blame.

Commentary

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