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Top 25 LTL Carriers 2013

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%
2 Con-way 3393 3466 2.2%  
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
R+L Carriers 1250 1298 3.8%  
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
14 AAA Cooper 465 500 7.5%  
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
23 Wilson Trucking 150 156 6.3%  
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