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?
02 Sep 2016
US trucking companies kept their hiring engines firing in August.
Although as a less-than-truckload carrier Old Dominion Freight Line is somewhat less exposed to the driver shortage than truckload companies, the North Carolina-based trucker is paying close attention to the issue.
24 Aug 2016
The long-anticipated, much-discussed truck driver shortage could surface again as a major problem as early as next year.
21 Aug 2016
The top U.S. and Canadian Trucking Companies, ranked by revenue and market segment, as researched by SJ Consulting Group.  
XPO in the second quarter recorded a profit, the first since CEO Bradley S. Jacobs took control of the company in 2011.
17 Aug 2016
Refinancing saves XPO Logistics money that can be reinvested in "optimizing" its global business.
12 Aug 2016
The controversial mandate requiring electronic logging devices in U.S. trucks by the end of next year will reappear before a federal court next month, jeopardizing the fate of the rule itself, and the so-called “capacity crunch” it was expected to generate.

Commentary

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