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
South Korean Court Considering Sale of Hanjin Shipping
The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for the entire container line, a month after the debt-laden company’s filing roiled supply chains worldwide.
Appeals Court Rejects XPO Bid to Invalidate Texas Union Vote
The 5th Circuit Court of Appeals has rejected XPO Logistics’ bid to throw out an unfavorable union representation vote at Laredo, Texas, during 2014.
September 28, 2016Maersk Raided in South African Shipping Collusion Probe
South Africa’s Competition Commission searched the premises of six shipping companies, including AP Moeller-Maersk A/S, as part of an investigation into allegations that they colluded to fix incremental cargo rates between Asia and South Africa.
Consumer Confidence Hits Nine-Year High on Job Optimism
Consumer confidence rose in September to the highest level since before the last recession on optimism about the labor market, according to a report from the New York-based Conference Board on Sept. 27.
Maersk May Target Hanjin, Hyundai in New Acquisition Strategy
A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies International Ltd.
Hyundai Merchant Said to Be Looking at Buying Hanjin Assets
Hyundai Merchant Marine Co., South Korea’s second-largest container line, surged in Seoul trading after the company was said to be looking at some assets of troubled rival Hanjin Shipping Co. for a possible acquisition.
Tough Times for Intermodal as Freight Slows, Execs Say
HOUSTON — Intermodal businesses that have become accustomed to long-term growth likely are facing tougher times ahead in the form of a recession, changing freight patterns and other obstacles.
Hanjin Clients Report Price-Gouging, Container Pileups
Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports, creating a backlog that could keep goods off shelves during the holiday shopping season.
Maersk Ends Megaship Building Era With New Acquisition Plans
The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue takeovers in an industry that has been plagued by overcapacity for almost a decade.
September 23, 2016Duane Kenagy Appointed Interim CEO of Port of Long Beach
The Board of Harbor Commissioners approved Duane Kenagy to become interim CEO at the Port of Long Beach, California, while the search for a permanent replacement is under way.
September 22, 2016