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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

States Sue Trump Over USPS Even as Changes Paused

More than a dozen states sued President Donald Trump over changes at the U.S. Postal Service that they said trampled federal law and threatened delivery of mail-in ballots, even after Postmaster General Louis DeJoy pledged to delay the moves until after the November election.

Erik Larson | Bloomberg News
August 19, 2020
Business, Logistics

Maersk Lifts Profit Outlook in Sign of Pandemic Resilience

The world’s largest container line may generate $1.5 billion more in operating profit this year than previously expected, as its business proves resilient to the COVID-19 crisis.

Christian Wienberg | Bloomberg News
August 19, 2020
Business, Technology, Fuel, Logistics

GM to Double Down on China After Tesla Grabs EV Lead

General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the world’s largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders.

August 19, 2020
Government, Business, Logistics

Postmaster General Halts Service Changes Until After Election

Postmaster General Louis DeJoy said he is suspending changes to mail service that raised concerns over slow delivery of ballots in the fall election after Democrats accused President Donald Trump of hampering the vote-by-mail process.

August 18, 2020
Government, Business, Technology, Logistics, TCA

Amazon to Establish Tech Hubs in Six Cities, Including Detroit

Online retail giant Amazon.com Inc. said Aug. 18 it will put a tech hub in Detroit and five other U.S. cities. The move is expected to create 3,500 jobs in total.

Charles E. Ramirez | The Detroit News
August 18, 2020
Government, Business, Logistics

Three More States to Announce Lawsuits Over USPS, Mail-In Voting

Three more Democratic-led states announced they will take legal action to protect the U.S. Postal Service and mail-in voting as the Trump administration faces claims it is trying to undermine the election.

Erik Larson | Bloomberg News
August 18, 2020
Business, Logistics, Breaking News

Tonnage Declines 8.3% Year-Over-Year in July, ATA Index Shows

Truck tonnage in July declined a seasonally adjusted 8.3% when compared with year-ago levels, and on a monthly basis was down 5.1% from June, according to ATA.

Dan Ronan | Senior Reporter
August 18, 2020
Government, Business, Logistics

Postmaster General Louis DeJoy to Appear Before Senate Over Mail Delays

Backlash mounting, President Donald Trump’s embattled Postmaster General Louis DeJoy will appear Aug. 21 before the Senate to testify on mail delivery delays and service changes that lawmakers and others are warning could imperil the November election.

Lisa Mascaro and Matthew Daly | Associated Press
August 18, 2020
Business, Logistics, Top 50, Top 100

FedEx Joins UPS, USPS in Adding Fees as Holiday Delivery Surge Looms

FedEx Corp. is joining a rush to apply extra holiday fees on high-volume shippers as couriers brace for a new jump in residential deliveries during the year-end peak season.

Thomas Black | Bloomberg News
August 18, 2020
Government, Business, Logistics

US Housing Starts Surge by Most Since 2016, Permits Climb

U.S. home construction starts increased in July by more than forecast and applications to build surged by the most in three decades, indicating builders are responding to robust housing demand fueled by record-low interest rates.

Reade Pickert | Bloomberg News
August 18, 2020
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