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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

US Trailer Orders Tumbled in June

June’s sharp plunge in U.S. trailer orders reflected increased cancellations, caution on the part of fleets over placing new orders and a very strong comparable month the year before, analysts said.

Roger Gilroy | Senior Reporter
July 22, 2016
Business, Logistics

Union Pacific, Canadian Pacific Earnings Slump; Kansas City Southern Gains

Union Pacific Corp. and Canadian Pacific Railway Ltd. this week reported second-quarter net income fell 19% and 16% respectively in a weak rail freight market, while smaller carrier Kansas City Southern raised net income 7% with help from a tax credit.

Thomas Black | Bloomberg News
July 21, 2016
Business, Logistics

AFN Logistics Buys LTL, TMS Assets From HA Logistics

Brokerage and supply chain operator AFN Logistics announced the purchase of less-than-truckload and transportation management system assets from HA Logistics Inc. to expand the buyer’s service capabilities.

July 20, 2016
Business, Logistics

After Some Opposition, CSX to Build $272 Million Rail Hub in North Carolina

While opposition from Johnston County landowners stalled a proposed CSX container hub, Rocky Mount, North Carolina, economic development officials quietly pieced together 700 acres willing to take on the project.

Drew Jackson | The News & Observer (Raleigh, N.C.)
July 20, 2016
Business, Logistics

Charlotte Getting Direct Intermodal Rail Service to Port of Wilmington

CSX is launching a new intermodal rail service between the Port of Wilmington and the railroad’s terminal in Charlotte, North Carolina, boosting the city’s status as a transportation hub, company and state officials said July 19.

Rachel Stone | The Charlotte (N.C.) Observer
July 20, 2016
Business, Logistics

Hyundai Merchant to Join Maersk Alliance

Hyundai Merchant Marine Co. will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors as the company seeks to reduce debt after years of weak global demand caused losses.

Kyunghee Park | Bloomberg News
July 19, 2016
Government, Business, Logistics

Minnesota Governor Forms Freight Rail Council

Minnesota Gov. Mark Dayton said July 15 he is creating a public-private group to improve communication, safety and economic development related to rail service across the state.

July 18, 2016
Business, Logistics

Lower Profits Expected at Hapag-Lloyd Despite Merger Plans

Hapag-Lloyd AG's share price fell the most since its initial public offering in November as a forecast of lower profit and a share-sale plan overshadowed a final deal to join forces with United Arab Shipping Co. to become the world’s fifth-largest container carrier.

Nicholas Brautlecht | Bloomberg News
July 18, 2016
Business, Logistics

CSX Net Income Falls 20%, Starts Second Quarter on Down Note

CSX Corp. began the second-quarter freight transport earnings reporting season by announcing that net income fell 20% to $445 million, or 47 cents per share, dragged down by a 34% reduction in coal revenue.

July 14, 2016
Business, Fuel, Logistics

As Another Oil Train Derails, Regulators, Lawmakers Say Progress Being Made

Three years ago July 6, an unattended train carrying crude oil from North Dakota rolled down a hill toward the town of Lac-Megantic, Quebec.

John Hageman | Grand Forks (N.D.) Herald
July 11, 2016
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