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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

GM Won’t Get Tariff Relief for Chinese-Built Buick Envision

The largest U.S. automaker can’t get a pass on tariffs snagging one of its models. The Trump administration refused to grant General Motors Co. an exclusion for its Chinese-built Buick Envision SUV, keeping in place a 25% duty on the import.

June 5, 2019
Business, Logistics, Top 100

TFI Closes Highland Transport Subsidiary

TFI International Inc. is closing its 150-truck Highland Transport division, a possible sign of softness in the Northeast freight market, according to a TFI official.

Jim Stinson | Staff Reporter
June 4, 2019
Business, Technology, Equipment, Logistics, Autonomous, Top 100

Ryder Promotes Rich Mohr to Chief Technology Officer at Fleet Management Unit

Ryder Fleet Management Solutions, a unit of Ryder System Inc., appointed Rich Mohr chief technology officer.

June 4, 2019
Business, Technology, Logistics

Tesla’s Secret Source of Cash Unmasked as GM and Fiat Chrysler

General Motors Co. and Fiat Chrysler Automobiles NV disclosed to the state of Delaware earlier this year that they reached agreements to buy federal greenhouse gas credits from Tesla.

June 3, 2019
Business, Logistics

Fiat Chrysler, Toyota and Nissan Sales Up on Best Deals of Year

Fiat Chrysler Automobiles NV, Toyota Motor Corp. and Nissan Motor Co. posted surprise gains in U.S. sales for May as carmakers offered richer deals to consumers to clear mounting inventory.

June 3, 2019
Business, Technology, Logistics

Blackstone Bets $18.7 Billion on Amazon Effect in Warehouse Deal

The mall is now a warehouse, and Blackstone Group is betting $18.7 billion on the shift. That’s how much the alternative investment manager is paying for 179 million square feet of urban logistics properties — the warehouses used by Amazon and other retailers to fulfill orders from online shoppers.

June 3, 2019
Government, Business, Logistics, Top 100

FedEx Shares Slide as China Opens Probe Over Huawei Deliveries

FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.

June 3, 2019
Government, Business, Logistics

Air Cargo Carriers Caught in Crossfire of US-China Trade War

President Donald Trump’s intensifying trade war with China dented air cargo traffic even before FedEx Corp. got dragged into the brawl, as companies worldwide reconfigure their supply chains in the face of increasing tariffs.

June 3, 2019
Business, Logistics

C.H. Robinson Acquires European Logistics Firm Dema Service

C.H. Robinson has acquired Italian transportation company Dema Service S.p.A., according to a news release.

June 3, 2019
Business, Logistics

BMW Factory Caught in Trump’s Mexican Standoff

President Donald Trump’s vow to impose a 5% tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW AG factory that opens in the country next week.

Oliver Sachgau | Bloomberg News
May 31, 2019
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