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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

Feds Want More Info on Proposed Great Lakes Basin Freight Railroad

The federal Surface Transportation Board wants to know how many trains would run on the proposed Great Lakes Basin Railroad and also wants more details on its planned connection to the South Shore Freight Railroad.

Andrew Steele | The Times (Munster, Ind.)
October 13, 2016
Business, Logistics

Port of Long Beach Container Volume Drops on Hanjin Bankruptcy

The consequences of the Hanjin Shipping bankruptcy have led to a decline of 17% in cargo at the Port of Long Beach, California, the second-largest U.S. port and the largest port of call used by the ocean carrier.

October 12, 2016
Logistics

Norfolk-Southern Hopes to Expand Pennsylvania Rail Yard

A local freight transfer company plans to expand its operations at the Norfolk-Southern railroad yard in Taylor, Pennsylvania, creating at least 20 jobs, officials said Oct. 11.

Borys Krawczeniuk | The Times-Tribune (Scranton, Pa.)
October 12, 2016
Business, Logistics

Earnings Turmoil Deepens at Railroads as Trucks Poach Freight

Railroads lost cargo to trucks in the third quarter, adding to a yearlong slide in profits as demand tumbled for coal, oil and metals.

Thomas Black | Bloomberg News
October 12, 2016
Business, Government, Technology, Equipment, Safety, Logistics

European Package Carrier Expands in US With Purchase of Golden State Overnight

General Logistics Systems B.V., a parcel delivery firm based in Amsterdam and with operations throughout Europe, is expanding in the United States with the purchase of Golden State Overnight for $90 million.

October 12, 2016
Business, Logistics

Shippers Brace for New Rules to Cut Deadly Sulfur Emissions

SINGAPORE — The global shipping industry is bracing for a key regulatory decision that could mark a milestone in reducing maritime pollution, but which could nearly double fuel costs in a sector already reeling from its worst downturn in decades.

October 11, 2016
Business, Logistics

Korean Court Considers Selling Hanjin’s Asia-US Business

The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a disposal of the sales and marketing network of the container line’s Asia-U.S. operations as part of efforts to raise funds for the indebted company.

Kyunghee Park | Bloomberg News
October 11, 2016
Business, Logistics

Schneider Plans IPO

Privately held Schneider announced plans to do an initial public offering of its shares next year, becoming the last of the 10 largest North American trucking companies to take that approach to funding operations and expansion.

October 7, 2016
Business, Logistics

Nippon Yusen to Book $1.9 Billion One-Time Loss on Shipping Woes

Nippon Yusen KK, Japan’s largest shipping company by sales, will book a record one-time loss for its shipping and air-cargo divisions as freight rates remain depressed amid global overcapacity.

Chris Cooper | Bloomberg News
October 7, 2016
Business, Logistics

XPO to Open 571,000 Square-Foot Facility in Maryland

XPO Logistics has signed a lease for a recently completed 571,000-square-foot building in Perryman, Maryland, that is expected to bring hundreds of jobs to the county in the growing e-commerce field, Harford County Executive Barry Glassman said.

Allan Vought | The Aegis (Bel Air, Md.)
October 7, 2016
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