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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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54

On the Bubble

Averitt Express ($225 million), Cookeville, Tenn., provides air and ocean freight forwarding, custom brokerage, dedicated contract carriage, freight brokerage, 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, Logistics

N.Y. State Senator, UPS Oppose Rail Merger

New York State Sen. Kathleen Marchione and UPS Inc. are among those who are opposing the merger of Canadian Pacific Railway and Norfolk Southern Corp., according to letters on file with the Surface Transportation Board.

Eric Anderson | Times Union (Albany, N.Y.)
February 18, 2016
Business, Government, Safety, Logistics

NTSB Rips FMCSA on Crash

The Federal Motor Carrier Safety Administration was publicly criticized by the National Transportation Safety Board for “inadequate safety oversight of high-risk carriers” after an investigation of a fatal crash in Illinois in which fatigue was blamed.

David Elfin | Staff Reporter
February 15, 2016
Business, Government, Safety, Logistics

CP’s Quest for Norfolk Southern Intensifies

MIAMI — Canadian Pacific Railway Ltd. and Norfolk Southern Corp. have upped the stakes in a $30 billion battle for control of the U.S. railway, as the potential acquirer said it would take its case directly to NS shareholders.

Rip Watson | Special to Transport Topics
February 15, 2016
Government, Logistics

Biden to Highlight Freight-Rail Project During Memphis Visit

Vice President Joe Biden will travel to Memphis on Feb. 17 to highlight work on Norfolk Southern's Crescent Corridor freight-rail project.

Michael Collins | The Commercial Appeal, (Memphis, Tenn.)
February 12, 2016
Business, Logistics

CP to Drop Norfolk Southern Pursuit if Resolution Fails, CEO Says

Canadian Pacific Railway Ltd. is ready to end efforts to buy Norfolk Southern Corp. if shareholders of the U.S. railroad reject a resolution calling for merger talks, the head of the Calgary-based company said.

February 11, 2016
Business, Logistics

Maersk Profit Plunges as Oil, Container Units Suffer

A.P. Moeller-Maersk A/S reported an 84% plunge in 2015 profit after its oil unit was hit by lower energy prices and the container division got squeezed between sluggish trade growth and overcapacity. The shares fell the most in almost a year.

February 10, 2016
Logistics

CP Rail Said to Back Away From Norfolk Southern Proxy Fight

Canadian Pacific Railway is moving away from a proxy fight for Norfolk Southern Corp. but still plans to pursue a takeover of the U.S. carrier, a person familiar with the plan said.

February 9, 2016
Business, Logistics

XPO Logistics Suit Claims YRC Poached Execs, Stole Trade Secrets

XPO Logistics Inc. filed suit against YRC’s Freight unit, claiming that the company poached seven management employees, including two vice presidents, and stole trade secrets around the time that XPO was completing the acquisition of Con-way Inc.

Rip Watson | Special to Transport Topics
February 8, 2016
Business, Logistics

Saia, Echo Report Lower Fourth-Quarter Earnings

Weaker freight market conditions drove net income down 16% at less-than-truckload carrier Saia Inc., which reported a profit of $11.4 million, or 45 cents a share, and Echo Global Logistics Inc. earnings declined 64% to $1.7 million, or 6 cents a share, hurt by acquisition-related costs.

February 5, 2016
Business, Logistics

Norfolk Southern, CSX Say They Won't Make 2018 Deadline for Train-Control Safety System

CSX Corp. and Norfolk Southern Corp. told the Federal Railroad Administration they won't make the 2018 deadline for full implementation of positive train control.

Eric Anderson | Times Union (Albany, N.Y.)
February 4, 2016
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