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
Port of L.A. Sets New Cargo Record, Long Beach Lags Due to Hanjin Bankruptcy
Containerized cargo volume at the nation’s top two largest ports was mixed in November as Los Angeles continues to experience a record-breaking year and Long Beach suffers from the bankruptcy of the Hanjin Shipping Co.
December 14, 2016Analysis: Maersk Faces Rough Waters From Spare Capacity and Trump
For many folks, 2016 has been a year to forget, and the shipping industry is no exception. But looking ahead, A.P. Moller-Maersk A/S is determined to put a positive spin on things — maybe too positive.
Small-Business Optimism Surges in November After US Election
Confidence among U.S. small businesses surged in November by the most since the spring of 2009 as companies grew decidedly upbeat about sales and economic prospects after the presidential election, a report from the National Federation of Independent Business showed Dec. 13.
Swift Reports Mixed Fourth-Quarter, But Bright Outlook for 2017
Swift Transportation reported that the fourth quarter has been mixed so far, although there have been gains in volume versus late 2015 in the truckload and dedicated units. But the company is confident about 2017 being a favorable year, executives said Dec. 9 on a conference call for investors.
December 12, 2016Logistics Plus Acquires Intermodal Software Service
Logistics Plus Inc., based in Erie, Pennsylvania, has acquired Door Logistics, a software service that automates intermodal shipping functions, from SynchroNet Intermodal Services in Virginia Beach, Virginia.
December 7, 2016Wal-Mart to Invest Over $1 Billion on Logistics in Mexico
Wal-Mart de Mexico SAB, Latin America’s biggest retailer, will spend more than $1 billion to improve its logistics operations, a person with direct knowledge of the plan said.
NTSB Rules Crew Was Likely Asleep During Fatal Arkansas Freight Train Crash
WASHINGTON — A fatal collision of two Union Pacific freight trains in Arkansas resulted from a fatigued engineer and conductor who were both likely asleep aboard one of the trains, federal investigators ruled Dec. 6.
Teamsters Question Proposed New Stock Compensation Cap at XPO Logistics
The International Brotherhood of Teamsters is concerned about a proposed change at XPO Logistics that would increase the maximum number of shares it can issue as compensation 400%, from 500,000 shares to 2.5 million, the union wrote in a Dec. 1 letter to the company’s board of directors.
December 5, 2016Transport, Logistics Firms Use Workplace as Training Ground for Future Leaders
The skills needed to run a successful transportation company today are quite different from what was required in the past, and that has many firms turning to workplace training and education partnerships to find the right people to help them flourish in a fast-changing business environment.
Sinking Shipping Industry Eyeing Mergers to Stay Afloat
The global shipping industry is in the midst of a huge downturn, with weak demand engulfing it for the past few years. Experts acknowledge that the sector’s biggest hurdle is overcapacity, but the wave of mergers and acquisitions means the hard times will pass eventually.