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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, Technology, Fuel, Logistics, Autonomous

NACFE Launches New Initiative to Explore Autonomous Trucking

The North American Council for Freight Efficiency announced it has begun to explore autonomous goods movement by publishing a series of online articles under the banner NACFE’s Perspective on Autonomous Trucking.

November 30, 2020
Business, Technology, Logistics

Delivery Startup DoorDash to Seek Up to $2.8 Billion in IPO

DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.

November 30, 2020
Business, Technology, Safety, Logistics

The Rising Threat of Ransomware: How Trucking Can Fend Off Cyberattacks

No fleet manager or logistics worker ever wants to experience the sinking feeling that comes with seeing a message flash on their computer screen revealing they have become the victim of a ransomware attack.

Katie Pyzyk | Special to Transport Topics
November 30, 2020
Government, Business, Safety, Logistics

Truck Drivers Could Be Among Earliest to Get COVID-19 Vaccine

Truck drivers and other workers in critical and essential jobs could be among the earliest people to receive COVID-19 vaccinations.

Dan Ronan | Senior Reporter
November 30, 2020
Business, Logistics

Amazon Merchants Say Deliveries of Some Products Are Delayed

Amazon .com Inc. merchants around the U.S. say some products that normally reach customers in one or two days are now taking a week or longer just as the world’s largest online retailer heads into what’s expected to be a record-busting holiday shopping season.

Spencer Soper | Bloomberg News
November 25, 2020
Business, Logistics

FedEx, UPS Feel Van Squeeze Amid E-Commerce Rush

FedEx Corp. and UPS Inc. are running into a shortage of delivery vans, prompting a surprise cost squeeze that’s cutting into profits during a record surge in package volumes.

Thomas Black | Bloomberg News
November 25, 2020
Business, Logistics

UPS Will Make Dry Ice, Offer Freezers for Vaccine Distribution

UPS Inc. has set up its own dry ice production and will provide portable, super-cold freezers to its health care customers as the courier prepares for the massive rollout of COVID-19 vaccines.

Thomas Black | Bloomberg News
November 24, 2020
Business, Technology, Equipment, Fuel, Logistics

2021 Expected to Be Pivotal Year for Commercialization of Electric Vehicles

With major truck manufacturers pushing into factory-built electric vehicles, 2021 is poised to be the year for the technology to transition from pilot testing to commercialization.

Jerry Hirsch | Contributing Writer
November 24, 2020
Business, Technology, Logistics

SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion

Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking startup ahead of a potential initial public offering.

Lulu Yilun Chen | Bloomberg News
November 24, 2020
Business, Logistics, Breaking News

ATA Truck Tonnage Index Declines 8.7% in October

Truck tonnage in October declined a seasonally adjusted 8.7% when compared with year-ago levels, American Trucking Associations said Nov. 24.

Dan Ronan | Senior Reporter
November 24, 2020
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