GXO Logistics Chief Investment Officer Mark Manduca detailed Aug. 24 what is driving a rise in online returns and what that may mean for transportation.
August 25, 2021Sponsored 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 | 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 |
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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54
On the Bubble
Dupre Logistics
($174 million), Lafayette, La., provides customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, supply chain consulting and transportation management.
Learn more about Transport Topics' Top 50 Logistics Companies Publication
Logistics News
Business, Logistics, Top 100
GXO Survey Shows Pandemic Trends Have Accelerated Online Returns
Business, Logistics
China Reopens Terminal at World’s Third-Busiest Port
The Meishan terminal at China’s second-busiest port reopened Aug. 25 following a two-week shutdown that further snarled already stressed shipping routes in Asia.
August 25, 2021Business, Equipment, Logistics
Goldman-Backed Exchange Raises Cash to Expand Shipping Contracts
The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is raising another $15 million to expand contracts that can help protect companies’ supply chains from price hikes and other uncertainties.
August 25, 2021Government, Business, Technology, Equipment, Safety, Logistics, Autonomous, Top 100
UPS Starts Drone Delivery of COVID Vaccines
UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.
August 24, 2021Business, Logistics
Walmart to Launch Delivery Service for Other Businesses
NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.
August 24, 2021Business, Logistics
Supply Chain Issues Take Shakes Off the Menu at British McDonald’s
LONDON — McDonald’s says it has pulled milkshakes from the menu in all 1,250 of its British restaurants because of supply problems stemming from a shortage of truck drivers.
August 24, 2021Business, Logistics
Pilot Freight Services, American Linehaul Announce Strategic Partnership
Pilot Freight Services has formed a strategic partnership with American Linehaul Corp. to expand its middle-mile expedited less-than-truckload capabilities, the companies announced Aug. 19.
August 23, 2021Business, Logistics, Top 100
Cowan Systems Implements Driver Incentive Program
Cowan Systems has implemented an incentive program that guarantees every newly hired driver a $15,000 bonus, the company announced Aug. 19.
August 23, 2021Business, Logistics
Amazon Became Hedge Fund Favorite Just Before Shares Tumbled
Hedge funds piled into Amazon.com Inc. in the second quarter, putting themselves on the front line of losses as the stay-at-home trade began to unravel.
August 20, 2021Business, Logistics
The Search for Drivers and the Fight to Keep Them
Although career opportunities in trucking are abundant, the driver shortage has been a thorn in the industry’s side for years, and it has only become more severe as freight demand has surged amid the recovery from the COVID-19 pandemic.
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