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2020 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The third-party logistics business is undergoing a dramatic, technology-driven transformation.
Find out where the Top 50 are located by U.S. region.
Evan Armstrong breaks down how logistics segments performed in 2019.
Rankings
Rank Company Total Refrigerated Storage (Millions of Cu. Ft.) No. of Warehouses
1 Lineage Logistics 1,700.0 260
2 Americold Logistics 1,025.4 182
3 United States Cold Storage 288.0 39
4 Agro Merchants Group 271.9
5 XPO Logistics 175.0 400
6 VersaCold Logistics Services 118.0 31
7 Interstate Warehousing 115.0 8
8 Penske Logistics 81.9 70
9 Burris Logistics 75.0 13
10 Henningsen Cold Storage 60.0 12
11 Midwest Refrigerated Services 45.9 7
12 Hanson Logistics 39.0 8
13 Conestoga Cold Storage 37.8 5
14 Confederation Freezers 29.0 8
15 Trenton Cold Storage 28.0 8
16 FW Logistics 24.0 16
17 Allied Frozen Storage 23.4 6
18 RLS Logistics 18.0 5
19 NFI 16.0 145
20 Covenant Logistics Group 7.5 15
21 Geodis (North America) 1.4 142
22 Peoples Services 1.2 42
Extras
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51

On the Bubble

Averitt Express ($260 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
Business, Logistics, For-Hire, TCA

XPO Confirms Job Cuts to Reduce Labor Costs

GREENWICH, Conn. — XPO, one of the world’s largest freight transporters, is reducing its workforce as part of a cost-cutting plan.

Paul Schott | The Advocate (Stamford, Conn.)
May 9, 2023
Business, Equipment, Logistics, Top 100

Daseke Reports Revenue, Earnings Drop in Q1

Daseke Inc. experienced a year-over-year drop in revenue and earnings during the first quarter of 2023, the company reported May 9.

Connor D. Wolf | Staff Reporter
May 9, 2023
Business, Equipment, Logistics, Global Freight

California’s Port Dominance Is Slipping as Cargo Shifts East

The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.

Laura Curtis | Bloomberg News
May 8, 2023
Business, Equipment, Safety, Logistics

ATRI Announces Top Five Research Issues for 2023

HOLLYWOOD, Fla. — The availability of truck parking spaces rates as the American Transportation Research Institute's No. 1 study topic for 2023. 

Dan Ronan | Senior Reporter
May 8, 2023
Government, Business, Logistics, Global Freight

Engineers Frustrated With Railroad Sick Time Policies

OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.

Josh Funk | Associated Press
May 8, 2023
Government, Business, Logistics

Global Trade Data Shows Early Signs of ‘Reglobalization’

The global trading system is undergoing tectonic shifts spurred by shortages, price spikes and shipping disruptions that will reorient international supply chains for decades to come.

Bryce Baschuk | Bloomberg News
May 8, 2023
Government, Business, Technology, Safety, Logistics

California’s Container Ports to Develop Shared Data System

California’s five container ports have agreed to develop a $27 million, high-tech supply chain infrastructure using a computer cloud to share data and cargo flow information.

Noël Fletcher | Staff Reporter
May 8, 2023
Government, Business, Technology, Logistics, TCA

Twin California Ports Introduce Zero-Emission Locomotive

Weeks after the California Air Resources Board approved a rule to limit rail pollution, the Pacific Harbor Line on May 4 unveiled one of the nation’s most advanced zero-emission locomotives.

Donna Littlejohn | Los Angeles Daily News
May 5, 2023
Business, Logistics, Top 100

Werner Reports Lower Q1 Earnings on Higher Revenue

Werner Enterprises’ revenue increased but earnings declined during the first quarter of 2023, the company reported May 3.

Connor D. Wolf | Staff Reporter
May 4, 2023
Business, Logistics, Global Freight

Maersk Profits Slip in Q1, Forecasts Weak 2023

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

Christian Wienberg | Bloomberg News
May 4, 2023
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