Top 25 LTL Carriers 2013
By on Jul 24, 2014
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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 |