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2019 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
According to industry experts, that’s a complicated question.
Find out where the Top 50 are located by U.S. region.
Evan Armstrong breaks down how logistics segments performed in 2018.
Rankings
Rank Company Total Refrigerated Storage (Millions of Cu. Ft.) No. of Warehouses
1 Lineage Logistics 1,300.0 200
2 Americold Logistics 918.7 155
3 United States Cold Storage 270.0 38
4 XPO Logistics 175.0 400
5 VersaCold Logistics Services 118.0 31
6 Interstate Warehousing 100.0 7
7 Cloverleaf Cold Storage 75.6 17
8 Burris Logistics 75.0 15
9 Henningsen Cold Storage 60.0 12
10 Midwest Refrigerated Services 45.9 7
11 Conestoga Cold Storage 37.8 5
12 Hanson Logistics 37.0 9
13 Allied Frozen Storage 35.0 7
14 Trenton Cold Storage 27.0 8
15 Confederation Freezers 27.0 4
16 RLS Logistics 17.0 5
17 NFI 16.0 134
18 FST Logistics 10.8 6
19 Agro Merchants Group 7.5
20 Penske Logistics 2.5 98
21 Geodis (North America) 1.4 176
22 Peoples Services Inc. 1.2 42
Extras
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53

On the Bubble

Crane Worldwide Logistics ($230 million), Houston, provides air and ocean freight forwarding, custom brokerage, intermodal and drayage and supply chain consulting.
Learn more about Transport Topics’ Top 50 Logistics Companies publication.
Logistics News
Business, Logistics

Seroka Sees Chance to Ease Ship Backlog by Summer Peak

U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter, even if the next peak shipping season arrives sooner than usual, Port of Los Angeles Executive Director Gene Seroka said Feb. 9.

Laura Curtis | Bloomberg News
February 9, 2022
Business, Logistics

Maersk Sees Record Profit as Demand Surges

COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.

February 9, 2022
Government, Business, Safety, Logistics

Canada’s COVID-19 Protests Threaten Border Trade With US

OTTAWA — Canadian lawmakers expressed increasing worry about the economic effects of disruptive demonstrations after the busiest border crossing between the U.S. and Canada became partially blocked by truckers protesting vaccine mandates.

February 8, 2022
Government, Business, Logistics

Wave of US LNG Ships Headed to Europe Sends Freight Rates Below Zero

The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal that illustrates a growing glut of ships in the Atlantic ferrying American fuel.

Ann Koh | Bloomberg News
February 8, 2022
Business, Logistics

Metals Prices Reach Record as Shipping Costs Surge

Surging prices of the raw materials needed for refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.

Joe Deaux and Yvonne Yue Li | Bloomberg News
February 7, 2022
Business, Logistics

Amazon’s $191 Billion Jump Sets Record for Market Value Gain

Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.

February 4, 2022
Business, Logistics

CFI Plans to Upgrade Tractors, Raise Pay

TFI International operating company CFI on Feb. 2 detailed plans to upgrade its fleet equipment and increase driver pay this year.

February 4, 2022
Business, Equipment, Logistics, Top 100

Yellow Reports Mixed Q4, 2021 Results

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Kansas City Southern Earnings Rise

As it undertakes a $30 billion merger, Kansas City Southern released its fourth-quarter and full-year 2021 financial report on Jan. 28.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Bulk Shipping Rates Extend Slide on Weak Demand From China

A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.

Ann Koh | Bloomberg News
February 3, 2022
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