This article from G-Force Shipping & Consulting lists the 25 top LTL Carriers of 2013
Ranking is based on 2013 revenue, in millions of dollars, including fuel surcharges.
Note: Revenue for LTL operations only, unless otherwise indicated and include Canadian operations
*Revenue primarily LTL and includes less than 10 percent for truckload and other services.
Source: Company reports and SJ Consulting Group estimates
|#||Carrier||2012 Revenue||2013 Revenue||Change||Comments|
|1||FedEX Freight||5011||5095||1.7%||Priority shipments declined 2%|
|3||YRC Freight||3187||3127||-1.9%||In Jan 2014, extended labor contract through March 2019|
|4||UPS Freight||2378||2502||5.2%||In Jan 2014, implemented new labor valid through July 2018|
|5||Old Dominion||1942||2126||9.5%||Most profitable public LTL carrier with an operating ratio of 85.5% in 2013|
|6||Estes||1751||1835||4.8%||Largest privately held TLT carrier|
|7||YRC regional||1641||1730||5.4%||Includes Holland, Reddaway, New Penn. Operating ratio improved to 95.4% in 2013|
|8||ABF Freight||1669||1721||3.1%||In Nov 2013, implemented new labor contract valid through March 2018|
|10||Saia||1099||1139||3.7%||Achieved revenue growth while improving operating ratio from 94.7% - 93.5%|
|11||Southeastern Freight Lines||875||914||4.5%|
|12||Averitt Express||579||606||4.6%||Rolled out climate-controlled LTL containers in Feb 2014|
|13||Roadrunner Transportation||511||559||9.4%||Acquired Expedited Freight Systems in August 2012|
|15||Central Transport||380||488||28.4%||Revenue growth tied to acquisition of Vitran Express' U.S. business in Oct 2013|
|16||Dayton Freight Lines||353||386||9.4%|
|17||PITT OHIO||327||362||10.9%||Largest organice revenue increase among LTL carriers|
|18||New England Motor Freight||351||358||2%||Division of Shevell Group of Companies|
|19||A. Duie Pyle||286||293||2.4%||Achieved revenue growth while improving operating ratio|
|20||Central Freight Lines||202||208||3%||Achieved revenue growth while improving operating ratio|
|21||Daylight Transport||169||183||8.6%||Light-asset operation with concentration on the West Coast|
|22||Oak Harbor||156||168||7.9%||Achieved revenue growth while improving operating ratio|
|24||New Century Transportation||151||145||-4.5%||Light-asset load-to-ride hybrid LTL operation (out of business)|
|25||Ward Transport and Logistics||128||140||9.8%||Returned to Top 25 list because of drop-off of Vitran|
It is now more than a year since the FMCSA increased the requirement for the freight broker bond and the deadline for this year’s renewal is approaching.
Only 23 more days of voting open to customers. So why should you vote? Hear from FM Logistic, one of last year’s winners as they reflect on last year’s win, with hopes to win again this year.
‘Darling Supply Chains’ – the companies that tend to dominate the headlines of the supply chain world every-so-often for their innovative thinking, and re-imagination of the industry. Here’s part 5 in our series.