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2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
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Rankings
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
Extras
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55

On the Bubble

Verst Group ($172 million), Walton, Ky., provides air and ocean freight forwarding, customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies Publication
Logistics News
Government, Business, Logistics

US-China Talks Set to Resume as Neither Seems Eager for Deal

Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.

July 29, 2019
Business, Logistics, Perspective

Perspective: Dealing With Specialty Goods When Consumers Expect Overnight Delivery

Given the robust demand for purchasing nonconveyable goods online — items such as exercise equipment and designer furniture — there exists for capable logistics providers a significant market opportunity.

Adam Fields | Founder and CEO, ARTA
July 29, 2019
Business, Logistics, Top 100

Forward Air Sets Revenue Record in 2Q

Forward Air Corp.’s net income dropped 8.2% from the same quarter last year, the Greeneville, Tenn.-based company reported July 26. But at the same time, the company set a second-quarter record for revenue.

Jim Stinson | Staff Reporter
July 26, 2019
Business, Logistics, Top 100

TFI International Reports Record Operating Income for 2Q

TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.

Jim Stinson | Staff Reporter
July 26, 2019
Business, Logistics

Amazon’s Spending on One-Day Delivery Dents Profit, Trims Forecast

Amazon.com’s results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.

July 26, 2019
Government, Business, Technology, Logistics, Top 100

China Rejects FedEx’s Defense for Rerouted Huawei Packages

China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.

July 26, 2019
Business, Logistics, Top 100

Mullen Group’s Revenue Jumps 7.9% as Oil Service Remains in Demand

Canadian carrier Mullen Group Ltd. increased revenue by C$23.3 million, or 7.9%, to $319 million in the second quarter ended June 30, according to a company news release.

Jim Stinson | Staff Reporter
July 25, 2019
Business, Logistics, Top 100

ODFL Sets Company Records as Earnings, Revenue Rise

Less-than-truckload carrier Old Dominion Freight Line reported higher net income and revenue in the second quarter as it achieved, amid lower shipments and tonnage, company records for revenue, operating ratio and earnings per diluted share.

Roger Gilroy | Senior Reporter
July 25, 2019
Business, Logistics

Amazon Eyes Large Warehouse Spot at Brooklyn’s Industry City

Amazon.com Inc. is in talks to rent space at Brooklyn’s Industry City for a new logistics facility, according to a person with knowledge of the matter.

Lily Katz | Bloomberg News
July 24, 2019
Business, Logistics

Echo Global Reports Lower Revenue, Net Income in 2Q

Echo Global Logistics reported decreased revenue and net income as the softer freight market and weaker spot prices took a toll on earnings.

Jim Stinson | Staff Reporter
July 24, 2019
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