Leading National LTL Carriers: A Snapshot of 2025
In 2025, the U.S. less-than-truckload (LTL) sector remains a cornerstone of freight transportation, offering cost-effective solutions for shippers with smaller loads. The industry has seen significant shifts due to economic factors, mergers, and the aftermath of Yellow Corp.’s bankruptcy. Here’s an overview of the top national LTL carriers and the trends shaping the market.
Top National LTL Carriers in 2025
1. FedEx Freight
- Revenue: $8.9 billion
- Overview: FedEx Freight continues to lead the national LTL market, maintaining a robust network and a reputation for reliable service.
2. Old Dominion Freight Line (ODFL)
- Revenue: $5.8 billion
- Overview: ODFL has been recognized for its consistent performance and commitment to quality service. Despite experiencing a slight decline in shipments due to soft manufacturing demand, the company remains a top player in the industry. (TT News)
3. Estes Express Lines
- Revenue: $5.0 billion
- Overview: Estes has expanded its terminal network and service offerings, positioning itself as a strong competitor in the national LTL landscape.
4. XPO
- Revenue: $4.9 billion
- Overview: XPO continues to be a significant player in the LTL sector, focusing on strategic acquisitions and network optimization.
5. Saia
- Overview: Saia has been expanding its terminal network and service offerings, aiming to increase its market share in the national LTL market. (Journal of Commerce)
Industry Trends and Insights
- Post-Yellow Market Adjustments: The collapse of Yellow Corp. has led to a redistribution of freight volumes among remaining carriers. While larger carriers like FedEx Freight and ODFL have benefited from increased volumes, some regional carriers are also experiencing growth. (Journal of Commerce)
- Terminal Expansion: Carriers such as ODFL, Estes, and Saia are investing in expanding their terminal networks to enhance service coverage and capacity, aiming to meet the growing demand for LTL services. (Journal of Commerce)
- Digital Transformation: The adoption of technology in the LTL sector is increasing, with carriers implementing digital tools for shipment tracking, pricing, and customer service to improve efficiency and customer experience.
Conclusion
The national LTL market in 2025 is characterized by a mix of established leaders and emerging players adapting to industry changes. Carriers are focusing on expanding their networks, embracing technology, and responding to shifts in freight volumes to maintain competitiveness. Shippers seeking reliable LTL services have a range of options, each with unique strengths tailored to different transportation needs.