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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, Safety, Logistics

UPS Readies Freezer Farms to Store Virus Vaccine When Approved

UPS Inc. is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe.

Catherine Leffert | Bloomberg News
August 3, 2020
Government, Business, Safety, Logistics

Lawmakers Highlight Supply Chain Concerns Amid Pandemic

House lawmakers recently pointed to the need for enhancing the manufacturing environment for products and equipment to avoid future disruptions along supply chains affected during the coronavirus pandemic.

Eugene Mulero | Senior Reporter
July 31, 2020
Business, Logistics

United Air Pivots to Leisure Routes in Modest Schedule Boost

United Airlines Holdings Inc. will boost flights modestly in September as it resumes service on more than 25 international routes.

Justin Bachman | Bloomberg News
July 31, 2020
Business, Logistics, Top 100

Universal Posts Lower Profit, Declining Revenue in Q2

Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year.

Connor D. Wolf | Staff Reporter
July 31, 2020
Business, Logistics, Top 100

Forward Air Posts Decline in Net Income, Revenue for Q2

Forward Air Corp. saw net income and total revenue decrease during the second quarter from prior-year levels, the company reported July 30.

Connor D. Wolf | Staff Reporter
July 31, 2020
Business, Fuel, Logistics

Oil Pares Monthly Gain With Global Supply Onslaught Looming

Oil is set to eke out a monthly gain, yet futures lost steam on July 31 amid threats that the market will soon become oversupplied.

Andres Guerra Luz | Bloomberg News
July 31, 2020
Business, Technology, Logistics

Amazon Plows Through Pandemic With Record Profit

Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.

Spencer Soper | Bloomberg News
July 31, 2020
Business, Logistics

XPO Reports Net Loss in Q2; Revenue Slides

XPO Logistics swung to a loss as revenue declined sharply in the second quarter because of the COVID-19 pandemic.

Jerry Hirsch | Contributing Writer
July 30, 2020
Business, Logistics, Top 100

Schneider Reports Profit Rises, Revenue Dips

Schneider National saw net income increase while revenue fell during the second quarter, the truckload, intermodal and logistics services company reported July 30.

Connor D. Wolf | Staff Reporter
July 30, 2020
Business, Logistics

United Air Warns Outlook Threatens One-Third of Pilot Jobs

United Airlines Holdings Inc. warned that it’s considering furloughs for as many as one-third of its nearly 12,000 pilots, citing a resurgence in U.S. coronavirus cases that’s weakened sales.

Justin Bachman | Bloomberg News
July 30, 2020
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