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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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55

On the Bubble

Seko Logistics ($220 million), Itasca, Ill., provides air and ocean freight forwarding, custom brokerage, freight brokerage, inventory management and packaging, order fulfillment, supply chain consulting, transportation management and warehousing and distribution.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Government, Business, Logistics

World Economy Edges Closer to Recession as Trade Woes Spread

The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.

August 7, 2019
Business, Logistics, Breaking News, Top 100

FedEx Ends Ground-Delivery Deal With Amazon

FedEx Corp. is ending its ground-service delivery contract with Amazon.com, a sign the delivery giant is pulling away from the largest U.S. e-commerce company and focusing on other clients in the market, such as Walmart and Walgreens.

Jim Stinson | Staff Reporter
August 7, 2019
Business, Logistics

Expeditors Reports Higher Net Income, Revenue in 2Q

Expeditors International of Washington Inc. on Aug. 6 reported net income rose to $153 million, or 88 cents per share. That’s up 9% from $140.6 million, or 79 cents a share, in the same quarter a year ago.

Jim Stinson | Staff Reporter
August 6, 2019
Government, Business, Logistics

Taking in Just $70 a Day, Lordstown GM Plant Savior Workhorse Is in Trouble

Now more than ever, Workhorse looks more like Lordstown’s lottery ticket than a savior to be taken seriously. While it’s hard to imagine at this juncture the company having the capital needed to get GM’s factory humming again, it has a ray of hope to point to: a potentially lucrative contract to build next-generation mail trucks for the U.S. Postal Service.

August 6, 2019
Government, Business, Logistics

Economic Adviser Larry Kudlow Says US Still Expects China for September Trade Talks

President Donald Trump’s top economic adviser, Larry Kudlow, said the United States still expects Chinese negotiators to come to Washington for another round of trade talks in September, even after the two nations escalated their trade war.

Josh Wingrove | Bloomberg News
August 6, 2019
Government, Business, Logistics

China Halts Crop Imports, Weakens Yuan

China responded to President Donald Trump’s tariff threat with another escalation of the trade war Aug. 5, asking state-owned companies to suspend imports of U.S. agricultural products.

August 5, 2019
Business, Logistics

Amazon Loses ‘Last Bear’ Among Stock Analysts

Amazon.com’s last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a “sell” rating on the company’s shares. In a note to clients July 30, he upgraded the retail and technology giant to “hold.”

Matt Day | Bloomberg News
August 2, 2019
Government, Business, Logistics

Commodities Roiled as Trump Pours Gasoline on Trade War Inferno

Raw materials are reeling after President Donald Trump threatened new tariffs on Chinese goods, dashing hopes that the two sides might soon negotiate an end to the trade war that’s sapping global growth and demand for commodities.

August 2, 2019
Business, Logistics

Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets

Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.

Christian Wienberg | Bloomberg News
August 2, 2019
Business, Logistics

XPO Reports Mixed 2Q Financials

Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the second quarter Aug. 1.

Dan Ronan | Senior Reporter
August 2, 2019
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