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2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
Find out where the carriers are by regions 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
Government, Business, Logistics

Feds Want More Info on Proposed Great Lakes Basin Freight Railroad

The federal Surface Transportation Board wants to know how many trains would run on the proposed Great Lakes Basin Railroad and also wants more details on its planned connection to the South Shore Freight Railroad.

Andrew Steele | The Times (Munster, Ind.)
October 13, 2016
Business, Logistics

Port of Long Beach Container Volume Drops on Hanjin Bankruptcy

The consequences of the Hanjin Shipping bankruptcy have led to a decline of 17% in cargo at the Port of Long Beach, California, the second-largest U.S. port and the largest port of call used by the ocean carrier.

October 12, 2016
Logistics

Norfolk-Southern Hopes to Expand Pennsylvania Rail Yard

A local freight transfer company plans to expand its operations at the Norfolk-Southern railroad yard in Taylor, Pennsylvania, creating at least 20 jobs, officials said Oct. 11.

Borys Krawczeniuk | The Times-Tribune (Scranton, Pa.)
October 12, 2016
Business, Logistics

Earnings Turmoil Deepens at Railroads as Trucks Poach Freight

Railroads lost cargo to trucks in the third quarter, adding to a yearlong slide in profits as demand tumbled for coal, oil and metals.

Thomas Black | Bloomberg News
October 12, 2016
Business, Government, Technology, Equipment, Safety, Logistics

European Package Carrier Expands in US With Purchase of Golden State Overnight

General Logistics Systems B.V., a parcel delivery firm based in Amsterdam and with operations throughout Europe, is expanding in the United States with the purchase of Golden State Overnight for $90 million.

October 12, 2016
Business, Logistics

Shippers Brace for New Rules to Cut Deadly Sulfur Emissions

SINGAPORE — The global shipping industry is bracing for a key regulatory decision that could mark a milestone in reducing maritime pollution, but which could nearly double fuel costs in a sector already reeling from its worst downturn in decades.

October 11, 2016
Business, Logistics

Korean Court Considers Selling Hanjin’s Asia-US Business

The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a disposal of the sales and marketing network of the container line’s Asia-U.S. operations as part of efforts to raise funds for the indebted company.

Kyunghee Park | Bloomberg News
October 11, 2016
Business, Logistics

Schneider Plans IPO

Privately held Schneider announced plans to do an initial public offering of its shares next year, becoming the last of the 10 largest North American trucking companies to take that approach to funding operations and expansion.

October 7, 2016
Business, Logistics

Nippon Yusen to Book $1.9 Billion One-Time Loss on Shipping Woes

Nippon Yusen KK, Japan’s largest shipping company by sales, will book a record one-time loss for its shipping and air-cargo divisions as freight rates remain depressed amid global overcapacity.

Chris Cooper | Bloomberg News
October 7, 2016
Business, Logistics

XPO to Open 571,000 Square-Foot Facility in Maryland

XPO Logistics has signed a lease for a recently completed 571,000-square-foot building in Perryman, Maryland, that is expected to bring hundreds of jobs to the county in the growing e-commerce field, Harford County Executive Barry Glassman said.

Allan Vought | The Aegis (Bel Air, Md.)
October 7, 2016
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