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Top 25 Less-than-Truckload Carriers
Pittsburgh, PA -- March 2012-- SJ Consulting Group Inc, a transportation and logistics consulting firm in Pittsburgh, PA, appeared in The Journal of Commerce for preparing the Top 25 LTL carriers. The list also appeared in the April 2012 edition of Logistics Management Magazine.
| 2011 RANK |
CARRIER NAME |
2010 REVENUE
($MILLION) |
2011 REVENUE
($MILLION) |
YOY % CHANGE |
COMMENTS |
| 1 |
FedEx Freight |
$4,421 |
$4,710 |
6.5% |
Combined networks of FedEx Freight and FedEx National LTL |
| 2 |
Con-way Freight |
$3,026 |
$3,197 |
5.6% |
Parent company revenues hit record mark of $5.3 billion in 2011 |
| 3 |
YRC Freight |
$2,853 |
$3,183 |
11.6% |
Formerly YRC National, includes YRC Reimer |
| 4 |
UPS Freight |
$2,002 |
$2,299 |
14.8% |
Fastest growing division of UPS in 2011 |
| 5 |
Old Dominion Freight Line |
$1,377 |
$1,732 |
25.7% |
Most profitable public LTL carrier |
| 6 |
ABF Freight System |
$1,467 |
$1,681 |
14.5% |
Profitable in 2011 after losses in 2009 and 2010 |
| 7 |
Estes Express Lines |
$1,419 |
$1,636 |
15.3% |
Largest private LTL carrier |
| 8 |
YRC Regional |
$1,355 |
$1,554 |
14.7% |
Includes Holland, Reddaway, New Penn |
| 9 |
R+L Carriers* |
$1,077 |
$1,207 |
12.1% |
Only LTL carrier with title sponsorship of a college bowl game |
| 10 |
Saia Motor Freight Line |
$903 |
$1,030 |
14.1% |
Launched inside sales division to focus on small shippers |
| 11 |
Southeastern Freight Lines* |
$723 |
$820 |
13.5% |
Largest private regional LTL carrier |
| 12 |
Vitran Express |
$582 |
$686 |
18.0% |
Acquired Milan Express in Feb. 2011 |
| 13 |
Averitt Express |
$495 |
$557 |
12.5% |
2012 total company revenue could top $1 billion |
| 14 |
Roadrunner Transportation |
$410 |
$467 |
13.9% |
Made four acquisitions of non-LTL companies in 2011 |
| 15 |
AAA Cooper Transportation |
$395 |
$435 |
10.1% |
Total company revenues grew 11% to $521 million in 2011 |
| 16 |
Central Transport International |
$354 |
$384 |
8.6% |
Consolidated 30 terminals in network in Nov. 2011 |
| 17 |
New England Motor Freight |
$317 |
$336 |
5.8% |
Division of the Shevell Group of Companies |
| 18 |
Dayton Freight Lines* |
$257 |
$321 |
24.9% |
Largest year-over-year growth of private LTL carriers |
| 19 |
Pitt Ohio Express |
$275 |
$305 |
10.9% |
Member of Reliance Network for national coverage |
| 20 |
A. Duie Pyle* |
$231 |
$267 |
15.6% |
Opened 15th terminal in Sept. 2011 |
| 21 |
Central Freight Lines* |
$178 |
$207 |
16.3% |
Last formerly public LTL carrier to be taken private |
| 22 |
Daylight Transport |
$144 |
$158 |
9.9% |
Light-asset with concentration on west coast |
| 23 |
Oak Harbor Freight Lines |
$129 |
$147 |
13.6% |
Oldest LTL carrier in the Top 25 |
| 24 |
New Century Transportation |
$135 |
$145 |
7.6% |
Light-asset load to ride hybrid LTL operation |
| 25 |
Wilson Trucking |
$126 |
$137 |
8.7% |
Extended direct coverage to parts of Kentucky in Nov. 2011 |
| TOTAL TOP 25 LTL CARRIERS |
$24,650 |
$27,601 |
12.0% |
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Note: Revenue for LTL operations only, unless otherwise indicated
*Revenues primarily LTL and include less than ten percent for truckload and other services
Source: Company reports and SJ Consulting Group estimates
Prepared by SJ Consulting Group, Inc.
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