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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
Government, Business, Safety, Logistics

Railroads Warned of Potential Problems With Long Trains

OMAHA, Neb. — Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments.

Josh Funk | Associated Press
April 28, 2023
Business, Logistics, For-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, For-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 28, 2023
Business, Logistics, Top 100

ArcBest Reports Q1 Revenue, Earnings Decline

ArcBest experienced a year-over-year decline in revenue and earnings due to a softer freight environment and the sale of its fleet maintenance subsidiary during the first quarter.

Connor D. Wolf | Staff Reporter
April 28, 2023
Government, Business, Technology, Equipment, Logistics

California Passes First-in-Nation Locomotive Emission Rule

California’s Air Resources Board voted April 27 to approve a rule that would ban the use of locomotive engines more than 23 years old by 2030 and increase the use of zero-emission tech at ports and railyards.

Sophie Austin | Associated Press
April 27, 2023
Business, Logistics

Merged CPKC Releases Strong Q1 Earnings

The merged Canadian Pacific Kansas City says in its first quarter together the new Class I railroad saw its income surge by 35% to C$800 million compared with C$590 million a year ago.

Dan Ronan | Senior Reporter
April 27, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Logistics, Top 100

Schneider Reports 6% Q1 Earnings Gain Despite Revenue Drop

Schneider National achieved a 6% year-over-year earnings gain despite a revenue loss during the first quarter of 2023, the company reported April 27.

Connor D. Wolf | Staff Reporter
April 27, 2023
Business, Equipment, Logistics, For-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Government, Technology, Equipment, Logistics

Miami, Seven Other Cities to Test Cargo Bikes

Downtown Miami is about to see a last-mile delivery experiment replacing trucks with cargo freight bicycles able to carry 500 pounds.

Noël Fletcher | Staff Reporter
April 27, 2023
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