XPO has revived a sale of its European transportation business, according to people familiar with the matter, almost two years since it last scrapped the attempt to divest the operation.
August 15, 2024Logistics 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.
Extras
On the Bubble
XPO Explores Sale of European Transportation Business
Norfolk Southern Investing $200M to Boost Alabama Capacity
Norfolk Southern will invest $200 million to grow capacity on a key Alabama rail line in a freight corridor for agriculture, automotive, chemicals, forestry and steel goods.
New Texas-Mexico Border Lanes Speed Up Commercial Traffic
U.S. CBP officers can now inspect more inbound trucks from Mexico at a border crossing into Texas since construction is complete on an $8 million project donated by the City of Pharr.
Canadian Labor Board Leaves Door Open for Rail Strike
The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.
Port Isabel Secures $1.6M Grant for Major Expansion Projects
Commerce Secretary Gina Raimondo recently announced the award as part of $6.9 million in economic development grants to Texas for workforce training and port improvements.
Amazon Tests Speedy Delivery Service Featuring Kia Souls
Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.
Pipeline Firms in Talks With Data Centers About Gas Supply
Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.
Forward Air Posts Q2 Loss, but Revenue Soars on Acquisition
Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.
RXO Faces Revenue Decline, Net Loss in Q2
The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $7 million, or 6 cents a diluted share.
Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid
A.P. Moller-Maersk A/S is looking for new acquisition targets after recently walking away from what would have been its biggest ever deal, the CEO said.