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2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Rankings
Rank Company Total Refrigerated Storage (Millions of Cu. Ft.) No. of Warehouses
1 Americold Logistics 945.0 160
2 Lineage Logistics 600.0 114
3 Preferred Freezer Services 300.0 37
4 United States Cold Storage 270.0 38
5 XPO Logistics 141.8 401
6 VersaCold Logistics Services 118.0 31
7 Interstate Warehousing 100.0 7
8 Cloverleaf Cold Storage 91.0 17
9 Henningsen Cold Storage 60.0 11
10 Conestoga Cold Storage 37.0 5
11 Hanson Logistics 37.0 9
12 Allied Frozen Storage 35.0 7
13 Trenton Cold Storage 28.0 8
14 FST Logistics 22.5 6
15 NFI 15.9 130
16 Agro Merchants Group 7.5
17 Penske Logistics 1.9 87
18 Peoples Services Inc. 1.2 37
Extras
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55

On the Bubble

Verst Group ($172 million), Walton, Ky., provides air and ocean freight forwarding, customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies Publication
Logistics News
Business, Logistics

Canadian National Reports Strong Q2 Earnings

Canadian National reported record second-quarter earnings that beat the expectations of Wall Street analysts.

Dan Ronan | Senior Reporter
July 27, 2022
Business, Equipment, Logistics, For-Hire

Used Class 8 Prices Continue Slide in June, but Remain High

The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.

Roger Gilroy | Senior Reporter
July 27, 2022
Business, Logistics, For-Hire

UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected

UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.

Dan Ronan | Senior Reporter
July 26, 2022
Business, Logistics

Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats

Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.

July 26, 2022
Government, Business, Logistics, TCA

Trucker AB 5 Blockade Ends at Port of Oakland

Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.

Eliyahu Kamisher | Bay Area News Group
July 25, 2022
Business, Technology, Logistics

Target to Open Hubs in Chicago, Denver

Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.

Brendan Case | Bloomberg News
July 25, 2022
Business, Logistics

NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls

The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.

July 21, 2022
Business, Logistics, For-Hire, Top 100

Knight-Swift Posts Higher Earnings, Revenue for Q2

Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.

Connor D. Wolf | Staff Reporter
July 21, 2022
Business, Technology, Logistics, For-Hire

J.B. Hunt Names Shelley Simpson Company President

J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.

Connor D. Wolf | Staff Reporter
July 20, 2022
Government, Business, Safety, Logistics

House Committee Approves Truck Parking Bill

Legislation designed to increase parking access for truck drivers nationwide was easily approved by the House Transportation and Infrastructure panel on July 20.

Eugene Mulero | Senior Reporter
July 20, 2022
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