UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022Sponsored by:
2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Rankings
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 |
About the Rankings...
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.
Extras
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51
On the Bubble
Port Logistics Group
($210 million), City of Industry, Calif., provides dedicated contract carriage, freight brokerage, intermodal and drayage, order fulfillment, returned goods management, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies Publication
Logistics News
Business, Logistics, For-Hire
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
Business, Logistics
Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats
Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.
July 26, 2022Government, Business, Logistics, TCA
Trucker AB 5 Blockade Ends at Port of Oakland
Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.
July 25, 2022Business, Technology, Logistics
Target to Open Hubs in Chicago, Denver
Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.
July 25, 2022Business, Logistics
NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls
The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.
July 21, 2022Business, Logistics, For-Hire, Top 100
Knight-Swift Posts Higher Earnings, Revenue for Q2
Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.
July 21, 2022Business, Technology, Logistics, For-Hire
J.B. Hunt Names Shelley Simpson Company President
J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.
July 20, 2022Government, Business, Safety, Logistics
House Committee Approves Truck Parking Bill
Legislation designed to increase parking access for truck drivers nationwide was easily approved by the House Transportation and Infrastructure panel on July 20.
July 20, 2022Business, Equipment, Logistics
Pacific, Atlantic Ports Post Strong June Volumes
The Port of Los Angeles reported its highest container volume ever for the month of June in its 115-year history.
July 20, 2022Business, Technology, Equipment, Logistics, Perspective
Perspective: The Power of Cloud-Based Technology
Over the past few years, we have learned that the more we can do remotely, the more we can potentially mitigate disruptions to business. Across supply chains, a cloud-based transportation management system can help companies facilitate remote operations, allowing businesses — even small ones — to make smarter choices, reduce costs and be more competitive.
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