Con-way Inc. unit Menlo Worldwide and Cougar Logistics Corp. said Thursday they have signed an agreement under which Menlo will purchase Cougar for $33.9 million.
June 7, 2007Sponsored 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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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
Business, Safety, Government, Logistics
Letters to the Editor: Double Brokering, Gasoline Prices
I believe the Transportation Intermediaries Association should solve the problem of “double-brokering” before trying to convince regulators to allow third-party logistics providers to join the Customs-Trade Partnership Against Terrorism.
June 8, 2007Business, Logistics
Dynamex Reports Higher 1Q Earnings
Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier.
June 7, 2007Government, Business, Technology, Logistics
Hub Group Buys Intermodal Firm
Third-party logistics company and freight broker Hub Group said it will acquire the assets of Interdom Partners, an intermodal marketing company, for $26 million.
June 7, 2007Business, Logistics
Menlo Buying Asian Logistics Firm
Business, Logistics, Autonomous
Norfolk Southern Plans $2 Bln. Rail Corridor
Eastern freight rail line Norfolk Southern Corp. plans to build a rail corridor costing more than $2 billion from Louisiana to the Northeast that it said would speed shipments and reduce truck freight, the Associated Press reported.
June 7, 2007Business, Fuel, Government, Logistics
Ceva Secures EGL Financing
The private-equity parent company of Ceva Group has received a commitment of $2.95 billion in debt financing to fund the buyout of air freight forwarder EGL Inc., Bloomberg reported Tuesday.
June 6, 2007Government, Business, Safety, Logistics
Border Measures Boosting Costs
Security measures at the Canada-U.S. border introduced since 9/11 have not slowed the flow of goods into the United States but have added to costs for Canadian companies, according to new report, the Ottawa Citizen newspaper reported.
June 5, 2007Fuel, Business, Logistics, Government
Diesel Dips 1.8¢ to $2.799; Gas Falls 5.2¢ to $3.157
Diesel fuel’s national average retail price fell 1.8 cents to $2.799 a gallon, while gasoline dropped more than a nickel to $3.157, the Department of Energy reported Monday.
June 5, 2007Business, Logistics, Government
U.S. Truck Freight Falls
U.S. truck tonnage in the United States declined again in April — the ninth downturn in the past 10 months — showing the effects of a national economy in flux.
June 4, 2007Business, Logistics
Ceva’s First-Quarter Loss Widens
Ceva Group Plc said it lost 14.9 million euros (about $20 million) in the first quarter, compared with a loss of 7.7 million euros ($10.4 million) a year earlier.
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