Every year, Rob talks about us struggling to get that 95% operating ratio.
OD's was 83% this year.
Damn.
Look at the difference.. Yeah, DAMN.....
1 FEDEX FREIGHT $5,011 $5,095 1.7% Economy service had a 3.4 percent increase in shipments while
Priority shipments declined 2.0 percent.
2 CON-WAY FREIGHT $3,393 $3,466 2.2%
3 YRC FREIGHT $3,187 $3,127 -1.9% In January 2014, extended labor contract through March 2019.
4 UPS FREIGHT $2,378 $2,502 5.2% In January 2014, implemented new labor contract valid through
July 2018.
5 OLD DOMINION FREIGHT LINE $1,942 $2,126 9.5% Most profitable public LTL carrier with an operating ratio
of 85.5 percent in 2013.
6 ESTES EXPRESS LINES $1,751 $1,835 4.8% Largest privately held LTL carrier.
7 YRC REGIONAL $1,641 $1,730 5.4% Includes Holland, Reddaway, New Penn. Operating ratio
improved to 95.4 percent in 2013.
8 ABF FREIGHT SYSTEM $1,669 $1,721 3.1% In November 2013, implemented new labor contract valid through
March 2018.
9 R+L CARRIERS* $1,250 $1,298 3.8%
10 SAIA MOTOR FREIGHT LINE $1,099 $1,139 3.7% Achieved revenue growth while improving operating ratio from
94.7 percent to 93.5 percent.
11 SOUTHEASTERN FREIGHT LINES* $875 $914 4.5%
12 AVERITT EXPRESS $579 $606 4.6% Rolled out climate-controlled LTL containers in February 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 INTL. $380 $488 28.4% Revenue growth tied to acquisition of Vitran Express’s U.S.
business in October 2013.
16 DAYTON FREIGHT LINES* $353 $386 9.4%
17 PITT OHIO EXPRESS $327 $362 10.9% Largest organic revenue increase among LTL carriers.
18 NEW ENGLAND MOTOR FREIGHT $351 $358 2.0% 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 3.0% 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 FREIGHT LINES $156 $168 7.9% Achieved revenue growth while improving operating ratio.
23 WILSON TRUCKING $150 $156 3.6%
24 NEW CENTURY TRANSPORTATION $151 $145 -4.5% Light-asset load-to-ride hybrid LTL operation.
25 WARD TRUCKING $128 $140 9.8% Returned to Top 25 list because of drop-off of Vitran.
TOTAL TOP 25 LTL CARRIERS $28,401 $29,504 3.9%
ALL OTHER LTL CARRIERS $3,576 $3,463 -3.2% Revenue decline because of Vitran Express.
TOTAL LTL MARKET $31,977 $32,967 3.1%
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 a
Uncontrolled spending and spending at inappropriate times puts them there every time.. Trying to save a dime, they spend a dollar because it's not controlled.. Employees raises are uncontrolled because of inflation, poor planning and inadequate maintenance and having to purchase equipment at odd times, is dwindling their profits.. Looks to me like OD has a survival plan in place... Estes is still doing it by the seat of their pants..
