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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

CDL Driving Range to Open Near Intermodal Facility in Kansas

Kansas officials and community college educators broke ground on a $6.9 million commercial driver license driving range that will have five test pads to train drivers when it opens this year.

Noël Fletcher | Staff Reporter
March 4, 2024
Business, Safety, Logistics

Three Red Sea Underwater Data Cables Have Been Cut

DUBAI, United Arab Emirates — Three Red Sea cables providing internet and telecommunications around the world have been cut as the waterway remains a target of Yemen’s Houthi rebels.

Jon Gambrell | Associated Press
March 4, 2024
Business, Logistics, For-Hire

Nearshoring Trend Drives More Border Growth

The nearshoring trend has been driving further transportation and logistics investments near the Mexican border as companies work to capture current and expected future growth.

Connor D. Wolf | Staff Reporter
March 4, 2024
Government, Business, Safety, Logistics

Freight Rail Layoffs Renew Concerns About Safety and Service

The latest rail layoffs, combined with an investment fund’s ongoing campaign for control of Norfolk Southern, are renewing concerns about the effects cuts might have on safety and service.

Josh Funk | Associated Press
March 1, 2024
Business, Technology, Logistics, Autonomous

Kodiak Transports Refrigerated Freight for Martin-Brower

Kodiak Robotics’ autonomous semis are carrying loads for logistics group Martin-Brower Co. on routes between Dallas and Oklahoma City, the companies said Feb. 29.

March 1, 2024
Business, Equipment, Fuel, Logistics, For-Hire, Private

Navistar Launches Integrated Powertrain

Truck maker Navistar announced Feb. 26 it has made the first deliveries of its International LT Series equipped with the International S13 Integrated Powertrain.

Dan Ronan | Senior Reporter
February 29, 2024
Business, Equipment, Logistics

Spot Market Remains Suppressed Amid Stubborn Capacity

The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished — albeit at a slower rate than the decline in overall freight demand.

Connor D. Wolf | Staff Reporter
February 29, 2024
Business, Logistics, TCA

Could Free Shipping Be Coming to an End for Online Shoppers?

A Google search for “end of free shipping” churns out dozens of media and trade group reports. This time, however, consumer concerns may be warranted.

February 29, 2024
Government, Safety, Logistics

FMC’s Maffei Highlights Supply Chain, Overseas Disruptions

President Joe Biden’s nominee to lead the Federal Maritime Commission told senators investing in infrastructure projects would continue to enhance supply chain connectivity.

Eugene Mulero | Senior Reporter
February 29, 2024
Business, Logistics, For-Hire

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

Connor D. Wolf | Staff Reporter
February 29, 2024
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