Top 25 LTL Carriers 2014

This is a list of the Top 25 LTL Carriers 2014

Ranking is based on 2013 revenue  including fuel surcharges.  Revenues provided are based on LTL operations only, unless indicated otherwise and include Canadian operations.

*Revenue is mainly LTL and includes less than 10% for truckload and other services.

 

1. FedEx Freight – The number one LTL carrier got even bigger.  Although it had the smallest percent change on the list of only 1.7%, it still came out with nearly $5.1 billion in revenue.  Priority shipments however declined 2%.

2. Con-way – With an increase of 2% the second place carrier grew to almost $3.47 billion.

3. YRC Freight – A -1.9% decrease brought this carrier down to about $3.13 billion.

4. UPS Freight – Experienced a 5.2% increase, bringing revenue up to $2.5 billion.

5. Old Dominion – the most popular public LTL carrier had an operating ratio of 85.5% in 2013.  They experienced a 9,5% increase to nearly $2.13 billion

6. Estes – Experienced a 4.8% change bringing it to $1.83 billion.  They are the largest privately held LTL carrier.

7. YRC Regional – Increased 5.4% to $1.73 billion in 2013.  Including Holland, Reddaway, and New Penn.  Their operating ration also increased to 95.4%

8. ABF Freight – Had a 3.1% change making their revenue $1.72 billion, just below YRC Regional.

9. R+L Carriers* – An increase of 3.8% brought them up to just about $1.3 billion.

10. Saia – Ending with $1.14 billion, they not only saw an increase of 3.7% in revenue, but also an improvement in operating ratio from 94.7% to 93.5%.

11. Southeastern Freight Lines* – Increased 4.5% in revenue to $914 million.

12. Averitt Express – Improved their revenue 4.6% to $606 million.

13. Roadrunner Transportation – The acquisition of Expedited Freight Systems back in August 2012 must have paid off because in 2013 they saw an increase of 9.4% in revenue to $559 million.

14. AAA Cooper – Increased 7.5% bringing their revenue up to $500 million.

15. Central Transport – Thanks to their acquisition of Vitran Express they had by far the largest increase of 28.4% bringing their revenue up to $488 million.

16. Dayton Freight Lines* – Increased 9.4% to $386 million.

17. PITT OHIO – With an increase of 10.9% to $362 million, they were the largest organic revenue increase among LTL carriers.

18. New England Motor Freight– Experienced only an increase of 2% bringing them up to $358 million.

19. A. Duie Pyle* – While increasing their operation ratio they also increased their revenue 2.4% to $293 million.

20. Central Freight Lines* – Increased their revenue only 3% to $208 million and also improved their operating ratio.

21. Daylight Transport – Increased 8.6% in revenue bringing them up to $183 million.  Light-asset operation with concentration on the West Coast.

22. Oak Harbor – While improving their operating ratio they also increased their revenue 7.9% to $168 million.

23. Wilson Trucking – Increased 3.6% to $156 million

24. New Century Transportation – Light-asset load-to-ride hybrid LTL operation.  Experienced a -4.5% decrease to $145 million.

25. Ward Transport and Logistics – With a 9.8% increase to $140 million they returned back to the list because of the drop-off Vitran.

 

Data received from http://jindel.com/Newsroom/IndustryData/pdflists/2013_Top%2025%20LTL.pdf

By | 2018-04-09T12:11:35+00:00 September 23rd, 2014|Transportation|Comments Off on Top 25 LTL Carriers 2014

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