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2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
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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, Technology, Logistics, Autonomous

Wise Systems Closes $7 Million Series A Round

Wise Systems, an autonomous dispatch and routing software provider for delivery fleets, has raised $7 million in its Series A round, according to a Dec. 6 press release.

January 10, 2019
Business, Technology, Logistics

Ford’s Global Cost Purge Hits Europe With Thousands of Job Cuts

Ford Motor Co. said it will cut thousands of jobs, weed out slow-selling variants and potentially close entire factories in Europe, as the carmakers’s global cost-cutting drive targets a region that has been a drag on earnings for years.

Elisabeth Behrmann | Bloomberg News
January 10, 2019
Government, Business, Logistics

Fiat Chrysler Said to Settle Civil Suit on Diesel-Emissions Violations

Fiat Chrysler Automobiles NV will pay hundreds of millions of dollars to settle a lawsuit brought by the U.S. Justice Department, which alleged some of its diesel-powered vehicles violated clean-air rules, a person familiar with the matter said.

Ryan Beene | Bloomberg News
January 10, 2019
Business, Logistics, Top 100

Shareholders Offered Option of Buying More Stock as Roadrunner Seeks to Recapitalize Its Business

Shareholders of Roadrunner Transportation Systems, who have seen the value of their holdings plummet following a finance scandal that led to the dismissal of several top executives more than a year ago, are being given a chance to buy more stock — 900 million shares to be exact — at 50 cents a share as part of an effort by new management to recapitalize the business.

Daniel P. Bearth | Staff Writer
January 9, 2019
Business, Logistics, Top 50, Top 100

J.B. Hunt Moves Aggressively Into Final-Mile Sector With Purchase

In an effort to strengthen its position in the growing final-mile trucking sector, J.B. Hunt on Jan. 8 announced it is purchasing Cory 1st Choice Home Delivery for $100 million.

Dan Ronan | Senior Reporter
January 9, 2019
Business, Logistics, Top 100

Teamsters Exchange Contract Proposals with YRC, Holland and New Penn

After working for eight years under a series of contract extensions, less-than-truckload carrier YRC Freight and its two regional operations have opened contract negotiations with the International Brotherhood of Teamsters.

Dan Ronan | Senior Reporter
January 9, 2019
Business, Fuel, Logistics, TCA

Crowley Launches Second LNG Cargo Vessel

Taino’s arrival gives Jacksonville a fourth cargo ship powered by natural gas for Puerto Rico shipments, putting the port at the vanguard in using a fuel source that only recently became tried and tested in cargo ships. Jacksonville-based Crowley Maritime owns two of the ships.

David Bauerlein | The Florida Times-Union (Jacksonville, Fla.)
January 9, 2019
Business, Technology, Logistics

TransForce Acquires Drive360 Logistics

TransForce Inc., a Virginia-based recruiting and employment solutions provider specializing in quality commercial truck drivers, has acquired Drive360 Logistics.

January 9, 2019
Business, Equipment, Logistics, Top 50, Top 100

Fleets Reap Riches by Expanding Into Last-Mile Service

Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.

Thomas Black | Bloomberg News
January 9, 2019
Business, Technology, Logistics

Retailers Turn to Logistics Providers to Help Manage Returns Process

For online retailers, one of the challenges with the reverse logistics process is knowing what to do once items are returned. Some products could be returned to a finished goods warehouse whereas defective ones could go to a location to refurbish or recycle the product.

Mindy Long | Special to Transport Topics
January 8, 2019
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