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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, Equipment, Logistics

Penske Automotive Group Acquires Canadian Firm Team Truck Centres

Penske Automotive Group has acquired London, Ontario-based Team Truck Centres, a retailer of medium- and heavy-duty Freightliner and Western Star commercial trucks.

March 4, 2022
Government, Business, Logistics

GAO Denies Protests to $17.9 Billion Military Moving Contract

A Houston-based company will retain a $17.9 billion contract to move military families after the Government Accountability Office rejected protests lodged last year by two companies seeking to block the agreement.

Eric Miller | Senior Reporter
March 4, 2022
Business, Logistics, Top 100

FedEx Suspends All Service in Russia, Belarus

FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine.

March 4, 2022
Business, Logistics, Top 50

Brokers Expect Rising Contract Rates for 2022

Freight brokerage firms are anticipating that contract rates will keep rising this year, with a slowdown not expected until year’s end.

Connor D. Wolf | Staff Reporter
March 3, 2022
Business, Technology, Equipment, Logistics

February Class 8 Orders Mirror Weak Production Levels

Preliminary North American Class 8 orders in February came in at 21,000, or essentially even with January’s volume, but were less than half of what fleets ordered a year earlier, ACT Research reported, citing truck makers’ initial data.

March 3, 2022
Government, Business, Logistics, TCA

Mobile Airport, Port Authority Awarded $100 Million Federal Grant

Two Mobile, Ala., transportation agencies are getting a combined $100 million in federal grant money to support various projects, including the construction of a new international airport terminal at the Brookley Aeroplex.

John Sharp | Alabama Media Group (Birmingham, Ala.)
March 3, 2022
Government, Business, Logistics

Biden Calls for Changes to Shipping Act to Improve Competition

President Joe Biden and some members of Congress are calling for ocean carriers to lose their limited antitrust immunity under legislation that has been introduced in the House of Representatives.

March 2, 2022
Business, Technology, Logistics

Amazon Closing All Bookstores, Shops to Focus on Grocery Sector

Amazon .com Inc. is closing all of its physical bookstores, “Amazon 4-Star” locations and mall pop-up kiosks as the world’s largest online retailer narrows its brick-and-mortar push to the grocery sector.

Spencer Soper | Bloomberg News
March 2, 2022
Business, Logistics

How Freight Volumes Get Suppressed Despite Strong Demand

Carriers have struggled to fully capitalize on high demand because of factors suppressing volumes, American Trucking Associations Chief Economist Bob Costello said March 1.

Connor D. Wolf | Staff Reporter
March 2, 2022
Business, Logistics

FlexCold Names Craig Turner New President

Longtime food distribution and grocery executive Craig Turner on March 1 was named president of FlexCold, a third-party food logistics and cold storage operator based in Charleston, S.C.

March 2, 2022
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