R&L Carriers Net Worth (Updated 2026).

R&L Carriers, a well-known name in the transportation industry, was founded in 1965 by Robert L. Shelton in less than ideal circumstances. With just five tractors and 25 trailers, Shelton began his career in a small, rented garage in Florence, Kentucky. Despite the humble beginnings, his commitment to exceptional service and on-time delivery set the stage for the company’s future success.

The company’s reputation grew steadily, and by the 1980s, R&L Carriers had expanded its services throughout the United States. This growth was fueled by the company’s dedication to customer satisfaction and its innovative approach to logistics and supply chain management. Today, R&L Carriers is a leading provider of transportation and logistics services, with a vast network of terminals and a fleet of over 50,000 tractors and trailers.

R&L Carriers’ Current Net Worth (2025)

As of 2025, R&L Carriers’ current net worth is estimated to be around $2 billion, according to the latest available information. This figure reflects the company’s strong financial performance and growth over the years.

R&L Carriers’ Career

R&L Carriers, founded in 1965, is a leading less-than-truckload (LTL) freight transportation company. With over 55 years of experience, the company has grown from a small, regional carrier to a nationwide provider, operating in all 50 states and Canada. R&L Carriers is known for its on-time delivery, reliable service, and commitment to customer satisfaction.

R&L Carriers’ Other Ventures

In addition to its core LTL services, R&L Carriers has expanded into other ventures to diversify its offerings. These include R&L Global Logistics, which provides third-party logistics services, and R&L Carriers’ Express, a time-definite delivery service. The company also offers warehousing and distribution services through its R&L Contract Logistics division.

R&L Carriers’ Assets

R&L Carriers’ assets are primarily composed of its extensive fleet of trucks and trailers, as well as its vast network of service centers and terminals across North America. The company also owns and operates a large warehouse and distribution facility in Cincinnati, Ohio. The total value of these assets is not publicly disclosed but is a significant contributor to the company’s net worth.

R&L Carriers’ Annual Income

R&L Carriers generates its annual income primarily through its LTL freight services. In 2020, the company reported a revenue of $1.3 billion, reflecting a steady growth trend in recent years. The company’s diversified service offerings and strong market position contribute to its consistent revenue growth.

Frequently Asked Questions about  R&L Carriers

Frequently Asked Questions: R&L Carriers

1. What is R&L Carriers?

R&L Carriers is a Less Than Truckload (LTL) freight carrier based in the United States. It was founded in 1967 and is headquartered in Cincinnati, Ohio. R&L Carriers specializes in regional and national LTL shipments, offering services like expedited, guaranteed, and liftgate services.

2. Who is the founder of R&L Carriers?

The founder of R&L Carriers is Robert L. Johnson. He started the company in 1967 with a single truck and has since grown it into one of the largest LTL carriers in the U.S.

3. How many employees does R&L Carriers have?

As of 2021, R&L Carriers employs over 12,000 people across its network, making it one of the largest employers in the LTL industry.

4. What is the R&L Carriers net worth?

The latest estimated net worth of R&L Carriers is approximately $2 billion.

5. What services does R&L Carriers offer?

R&L Carriers offers a range of services including standard LTL, expedited, guaranteed, liftgate, and trade show services. They also provide logistics solutions like warehousing and distribution services.

6. What is the R&L Carriers service area?

R&L Carriers serves all 50 states, Canada, and Mexico. They have a extensive network of service centers and terminals across North America.

7. How does R&L Carriers handle oversized and overweight shipments?

R&L Carriers has specialized equipment and expertise to handle oversized and overweight shipments. They offer services like flatbed, step deck, and specialized trailers to accommodate these types of shipments.

8. Does R&L Carriers offer real-time tracking?

Yes, R&L Carriers provides real-time tracking for shipments through their website and customer portal. Customers can track their shipments by using the bill of lading (BOL) number or PRO number.

9. What is the R&L Carriers on-time performance?

R&L Carriers consistently maintains an on-time performance (OTP) of over 99%, demonstrating their commitment to reliable and timely service.

10. How can I contact R&L Carriers?

You can contact R&L Carriers through their website’s contact form, by phone at (800) 579-8228, or by visiting their headquarters at 1000 R&L Way, Cincinnati, OH 45240.