2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Refrigerated Firms
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 | Hanson Logistics | 37.0 | 9 |
11 | Conestoga Cold Storage | 37.0 | 5 |
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 |
Top 50 Logistics Companies provide logistics services, including freight brokerage, freight forwarding, warehousing and dedicated contract carriage in North America and are ranked on the basis of annual gross revenue. Some sector rankings may have been updated since their print publication. To be included in the Top 50 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 50 list.
On the Bubble
WiseTech Global Acquires Singapore Firm Containerchain
WiseTech Global, a logistics company based in Sydney, has acquired Containerchain, a container logistics provider that does business in Asia, Europe and the United States, according to a WiseTech news release.
March 8, 2019Trade War Leaves Pacific Northwest Port Growth at Risk
An industry that saw dramatic growth in the 10 years before Donald Trump became president is now concerned his administration’s trade tussle with China, and the lack of a deal with Japan, will cut future growth short.
Financing Deals Put Tesla Closer to Making Model 3s in China
Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant.
March 8, 2019Descartes Posts 16% Profit Gain for Final Quarter, Full Year
The Descartes Systems Group Inc. reported profits grew 16% in 2018, according to a company earnings release.
Amazon Purges Suppliers in Push to Boost E-Commerce Profits
Amazon.com abruptly stopped buying products over the past two weeks from many of its wholesale vendors, encouraging them to instead sell their products directly to consumers on Amazon’s marketplace.
Washington State Transport Package Sets Aside $450 Million for New I-5 Bridge
The Washington state Senate Transportation Committee passed a $15 billion transportation package March 6 that includes $450 million for a new Interstate 5 bridge across the Columbia River.
Port of Baltimore Tops 10 Million Tons of Cargo for Third Straight Year
The port of Baltimore had another historic year in 2018. The Maryland Port Administration’s public terminals handled 10.9 million tons of general cargo — more containers, cars, construction equipment and other cargo than ever before — surpassing 10 million tons for the third straight year, officials announced March 6.
How a US-China Deal Might Reshape Global Trade
President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?
March 7, 2019Companies Added 183,000 Workers in February
Companies added fewer workers to U.S. payrolls in February after a burst of hiring in the prior month that was stronger than previously reported, signaling that the labor market continues to underpin what may become the longest economic expansion on record this year.
Tesla Probably Can’t Make Money in China, Morgan Stanley Says
Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value.