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
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.
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, 2016Nippon 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.
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.
Hanjin Shipping Containers Stranded Again? California Officials Wary of Plan
Some of the 15,000 steel shipping containers at the ports of Long Beach, and Los Angeles abandoned in the wake of the financial collapse of Korea-based Hanjin Shipping Co. may be headed to Ontario, California, for storage — but not without opposition from city leaders.
Hanjin Could Have Survived With Creditors’ Aid, Chairman Cho Yang-ho Says
Hanjin Shipping Co., the South Korean container line whose filing for bankruptcy protection roiled the global supply chain, could have survived if creditors had provided the company with aid, Group Chairman Cho Yang-ho said.
Flexport Raises $65 Million in Venture Capital to Expand Operations
San Francisco startup Flexport Inc. raised $65 million in venture capital to expand U.S. and global operations, the company announced Sept. 26.
September 29, 2016DHL Acquires UK Mail for $315.5 Million
Deutsche Post DHL Group has agreed to acquire UK Mail Group on Sept. 28 for 242.7 million pounds ($315.5 million), enhancing the company’s presence in the e-commerce market in Great Britain.
September 29, 2016Shipping Technology Startups May Get Boost From Hanjin Woes
SINGAPORE — The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of major player Hanjin Shipping Co. slowly is waking up to the redeeming potential of technology.
Houston Port Credited for Being 'Creative' to Move Hanjin Cargo
Port of Houston Authority officials acted quickly to deliver stranded cargo after Hanjin Shipping Co. sought bankruptcy protection, offering to move and release the containers for a reduced fee.