Long Distance Freight Trucking, Less Than Truckload (LTL) Industry

NAICS: 484122

For additional companies see the General Freight Trucking Industry

Long Distance Freight Trucking, Less Than Truckload (LTL) Market Share: Largest Companies in the Long Distance Freight Trucking, Less Than Truckload (LTL) Industry

Company	Headquarters	Revenue ($ MM)
ASCENT GLOBAL LOGISTICS	Belleville, MI	100
JNJ EXPRESS	Collierville, TN	28
REALISTIC TRANSPORTATION & LOGISTICS	Compton, CA	27
LAX	Hooksett, NH	22
BSG HOLDINGS	Kernersville, NC	16
DRIVEN VISION	Hudson, WI	15
NEW SOUND TRANSPORTATION	Fife, WA	9
BEST DEDICATED	Kernersville, NC	8
E. F. THOMPSON	Fredericksburg, VA	8
SHANE SMITH ENTERPRISES	Mabelvale, AR	8
WATT & STEWART TRUCKING	San Angelo, TX	7
PJ TRANS	Franklin Park, IL	7
DROPYN	Alexandria, VA	6
PALMER DEDICATED LOGISTICS	Westfield, MA	6
MIKE FROST TRUCKING	Tunnel Hill, GA	6
POLMAX	Alsip, IL	6
BOWSER-REGAL	Ripley, NY	6
COLLINS TRUCKING	Jackson, GA	5
VOYAGER EXPRESS	Denver, CO	5

This is a list of the largest companies active in the Long Distance Freight Trucking, Less Than Truckload (LTL) industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Long Distance Freight Trucking, Less Than Truckload (LTL) industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Long Distance Freight Trucking, Less Than Truckload (LTL) Companies

A list of competitors in the Long Distance Freight Trucking, Less Than Truckload (LTL) industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Long Distance Freight Trucking, Less Than Truckload (LTL) businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Long Distance Freight Trucking, Less Than Truckload (LTL) companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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