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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, Safety, Logistics

Iowa Eyes EV Tax to Offset Projected Decline in Road Funds

After a Dec. 31 report by the Iowa Department of Transportation that shows a $317,000 reduction in the Road Use Tax Fund in 2018, state officials have made recommendations to the Iowa Legislature such as increasing fees or charging taxes to electric vehicle owners.

Mitchell Schmidt | The Gazette (Cedar Rapids, Iowa)
January 10, 2019
Business, Technology, Logistics, Autonomous

Wise Systems Closes $7 Million Series A Round

Wise Systems, an autonomous dispatch and routing software provider for delivery fleets, has raised $7 million in its Series A round, according to a Dec. 6 press release.

January 10, 2019
Business, Technology, Logistics

Ford’s Global Cost Purge Hits Europe With Thousands of Job Cuts

Ford Motor Co. said it will cut thousands of jobs, weed out slow-selling variants and potentially close entire factories in Europe, as the carmakers’s global cost-cutting drive targets a region that has been a drag on earnings for years.

Elisabeth Behrmann | Bloomberg News
January 10, 2019
Government, Business, Logistics

Fiat Chrysler Said to Settle Civil Suit on Diesel-Emissions Violations

Fiat Chrysler Automobiles NV will pay hundreds of millions of dollars to settle a lawsuit brought by the U.S. Justice Department, which alleged some of its diesel-powered vehicles violated clean-air rules, a person familiar with the matter said.

Ryan Beene | Bloomberg News
January 10, 2019
Business, Logistics, Top 100

Shareholders Offered Option of Buying More Stock as Roadrunner Seeks to Recapitalize Its Business

Shareholders of Roadrunner Transportation Systems, who have seen the value of their holdings plummet following a finance scandal that led to the dismissal of several top executives more than a year ago, are being given a chance to buy more stock — 900 million shares to be exact — at 50 cents a share as part of an effort by new management to recapitalize the business.

Daniel P. Bearth | Staff Writer
January 9, 2019
Business, Logistics, Top 50, Top 100

J.B. Hunt Moves Aggressively Into Final-Mile Sector With Purchase

In an effort to strengthen its position in the growing final-mile trucking sector, J.B. Hunt on Jan. 8 announced it is purchasing Cory 1st Choice Home Delivery for $100 million.

Dan Ronan | Senior Reporter
January 9, 2019
Business, Logistics, Top 100

Teamsters Exchange Contract Proposals with YRC, Holland and New Penn

After working for eight years under a series of contract extensions, less-than-truckload carrier YRC Freight and its two regional operations have opened contract negotiations with the International Brotherhood of Teamsters.

Dan Ronan | Senior Reporter
January 9, 2019
Business, Fuel, Logistics, TCA

Crowley Launches Second LNG Cargo Vessel

Taino’s arrival gives Jacksonville a fourth cargo ship powered by natural gas for Puerto Rico shipments, putting the port at the vanguard in using a fuel source that only recently became tried and tested in cargo ships. Jacksonville-based Crowley Maritime owns two of the ships.

David Bauerlein | The Florida Times-Union (Jacksonville, Fla.)
January 9, 2019
Business, Technology, Logistics

TransForce Acquires Drive360 Logistics

TransForce Inc., a Virginia-based recruiting and employment solutions provider specializing in quality commercial truck drivers, has acquired Drive360 Logistics.

January 9, 2019
Business, Equipment, Logistics, Top 50, Top 100

Fleets Reap Riches by Expanding Into Last-Mile Service

Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.

Thomas Black | Bloomberg News
January 9, 2019
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