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 | 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 |
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
Ebix Acquires Stake in India-Based B2B Marketplace
EbixCash, a software and e-commerce service provider, has acquired a 67% stake in Routier, an India-based business-to-business marketplace for trucking logistics. The investment indicates an effort to capitalize on India’s rapidly growing logistics market.
October 29, 2018UPS, Walmart Find Electric Vehicles Offer Benefits, Opportunities
OAKLAND, Calif. — Representatives from UPS Inc. and Walmart Inc., two of the country’s largest fleets, said electric vehicles can provide environmental, economic and community benefits, which make efforts to work through challenges surrounding duty cycle, charging infrastructure and cost worthwhile.
October 29, 2018Indonesian Logistics Startup Waresix Lands $1.6 Million Funding
Waresix, an Indonesian warehouse startup, is tapping into its country’s fast-growing logistics market. The company announced in October that it had obtained $1.6 million in pre-Series A funding, led by East Ventures and Monk’s Hill Ventures.
October 29, 2018Haven Launches Platform to Aid Carriers, Shippers With Bookings
Software company Haven announced the launch of Origin, a carrier-neutral product that offers a streamlined booking process for carriers and forwarders.
October 29, 2018BlueGrace to Bolster Presence in Chicago
BlueGrace Logistics has announced that it will add jobs and approximately double its footprint in the Chicago Board of Trade.
October 26, 2018African Logistics Company Lori Announces Expansion
Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.
October 26, 2018Universal Logistics Reports Best-Ever 3Q Results
Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
October 25, 2018USA Truck Continues Turnaround With Improved Results in 3Q
USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.
October 25, 2018LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations
Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.
October 25, 2018Truck Tonnage Dips, but Freight Outlook Remains Strong
A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.
October 25, 2018-
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