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 |
9 | 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 |