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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, Logistics

Kansas City Southern Rejects New Bid From Canadian Pacific

OMAHA, Neb. — Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.

Josh Funk | Associated Press
August 13, 2021
Government, Business, Logistics

China’s Port Shutdown Raises Fears of Closures Worldwide

A COVID outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares.

Joe Deaux and Ann Koh | Bloomberg News
August 13, 2021
Business, Equipment, Logistics

PS Logistics Continues Acquisition Strategy With Patriot Deal

PS Logistics announced that it has purchased all substantial transportation assets of Patriot Transit and Patriot Logistics. Financial terms were not disclosed.

Connor D. Wolf | Staff Reporter
August 12, 2021
Business, Logistics

Truckload Carriers Association Forms Search Committee to Find New President

The Truckload Carriers Association formed a search committee Aug. 10 to find a replacement for President John Lyboldt, who is retiring.

August 12, 2021
Government, Business, Logistics

FMCSA to Streamline Household Goods Moving Regulations

The Federal Motor Carrier Safety Administration has announced plans to update regulations for transportation of household goods to reduce costs for movers and mitigate the growing problem of fraud in consumer moves.

Eric Miller | Senior Reporter
August 11, 2021
Business, Logistics

Trucking Industry Legend Frank Beelman Jr. Dies at 100

Frank Beelman Jr., a trucking executive and military combat veteran decorated with the Silver Star Medal, died Aug. 4 in his hometown of St. Libory, Ill.

Dan Ronan | Senior Reporter
August 10, 2021
Government, Business, Logistics

Railroad Bidding War Back On: CP Ups Bid for KCS

NEW YORK — Canadian Pacific has upped its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National.

Dan Ronan | Senior Reporter
August 10, 2021
Business, Technology, Equipment, Logistics, TCA

Startup TextLocate Seeks to Improve Freight Tracking

In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 9, 2021
Business, Technology, Equipment, Fuel, Logistics

Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil

A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.

Christian Wienberg | Bloomberg News
August 9, 2021
Business, Equipment, Logistics

Americold Swings to Q2 Loss

Refrigerated warehouse operator Americold Realty Trust saw revenue rise in the second quarter but swung to a loss for the period because of disruptions in the global food supply chain.

Jerry Hirsch | Contributing Writer
August 6, 2021
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