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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

China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US

China’s top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.

May 7, 2019
Government, Business, Logistics

Mexico Border Delays Seen Weighing on US Investment, Factories

More cargo from Mexico to the United States is being held up at the border, accompanied by increasing evidence that such delays are dimming prospects for American companies.

Jordan Yadoo | Bloomberg News
May 7, 2019
Government, Business, Logistics

Grain Markets Dive to 42-Year Low After Trump’s Trade Tweets

Soybean and corn futures slumped after tweets from Donald Trump that threaten an escalation of the U.S.-China trade war, frustrating battered American producers hoping for a quick resolution.

May 7, 2019
Government, Business, Logistics

Trump’s Tariffs on Chinese Electric Cars Seen Likely to Last

With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country’s auto market.

Keith Naughton | Bloomberg News
May 7, 2019
Business, Equipment, Logistics

Ryder System Posts Robust First Quarter, Boosts Profit Forecast for 2019

Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019.

Daniel P. Bearth | Staff Writer
May 3, 2019
Business, Logistics

Universal Logistics Acquires Michael’s Cartage

Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.

May 3, 2019
Business, Technology, Logistics, Autonomous, Top 100

FedEx, UPS Strive to Automate Loading and Unloading Trucks

As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.

Thomas Black | Bloomberg News
May 3, 2019
Government, Business, Logistics

Goods-Trade Gap Widens to $71.4 Billion on Import Increase

America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.

Katia Dmitrieva | Bloomberg News
May 3, 2019
Business, Technology, Logistics

Tesla CEO Elon Musk Correctly Called European Slump for April

Tesla Inc.’s deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk’s prediction for “lumpy” results.

Oliver Sachgau | Bloomberg News
May 3, 2019
Business, Logistics

Averitt Expands Residential Delivery Options

Averitt Express has expanded its residential delivery network to provide shippers with a variety of direct-to-customer delivery options as demand for final-mile logistics services grows.

May 2, 2019
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