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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

UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected

UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.

Dan Ronan | Senior Reporter
July 26, 2022
Business, Logistics

Shopify Will Cut 10% of Staff as e-Commerce Activity Retreats

Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce July 26, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.

July 26, 2022
Government, Business, Logistics, TCA

Trucker AB 5 Blockade Ends at Port of Oakland

Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.

Eliyahu Kamisher | Bay Area News Group
July 25, 2022
Business, Technology, Logistics

Target to Open Hubs in Chicago, Denver

Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.

Brendan Case | Bloomberg News
July 25, 2022
Business, Logistics

NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls

The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.

July 21, 2022
Business, Logistics, For-Hire, Top 100

Knight-Swift Posts Higher Earnings, Revenue for Q2

Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.

Connor D. Wolf | Staff Reporter
July 21, 2022
Business, Technology, Logistics, For-Hire

J.B. Hunt Names Shelley Simpson Company President

J.B. Hunt Transport Services Inc. appointed Shelley Simpson president — the first woman to serve in that role.

Connor D. Wolf | Staff Reporter
July 20, 2022
Government, Business, Safety, Logistics

House Committee Approves Truck Parking Bill

Legislation designed to increase parking access for truck drivers nationwide was easily approved by the House Transportation and Infrastructure panel on July 20.

Eugene Mulero | Senior Reporter
July 20, 2022
Business, Equipment, Logistics

Pacific, Atlantic Ports Post Strong June Volumes

The Port of Los Angeles reported its highest container volume ever for the month of June in its 115-year history.

Dan Ronan | Senior Reporter
July 20, 2022
Business, Technology, Equipment, Logistics, Perspective

Perspective: The Power of Cloud-Based Technology

Over the past few years, we have learned that the more we can do remotely, the more we can potentially mitigate disruptions to business. Across supply chains, a cloud-based transportation management system can help companies facilitate remote operations, allowing businesses — even small ones — to make smarter choices, reduce costs and be more competitive.

Glenn Riggs | Chief Strategy Officer, Odyssey Logistics & Technology 
July 20, 2022
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