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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
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

Keiron Greenhalgh | Staff Reporter
February 8, 2024
Business, Technology, Logistics

RXO Closes First Full Year as Company With Q4 Results

RXO closed out its first full year as a stand-alone company by reporting fourth-quarter earnings gains on a year-over-year revenue decline, the company detailed Feb. 8.

Connor D. Wolf | Staff Reporter
February 8, 2024
Government, Business, Safety, Logistics, TCA

Planned Savannah Private Port Terminal Stokes Traffic Fears

SAVANNAH, Ga. — The planned SeaPoint marine terminal east of downtown Savannah is spurring concerns about port-related traffic overwhelming the streets and rail tracks in the area.

Adam Van Brimmer | The Atlanta Journal-Constitution
February 8, 2024
Government, Business, Safety, Logistics

Shipping Officials: Supply Chain Equipped to Deal With Attacks

The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.

Dan Ronan | Senior Reporter
February 8, 2024
Business, Technology, Equipment, Fuel, Logistics

Leading Container Maker Sees Profit Jump in Hydrogen Business

China International Marine Containers Group, the world’s biggest manufacturer of shipping containers, is seeing a surge in revenues from its hydrogen business, a good sign for the fuel.

February 8, 2024
Business, Technology, Logistics, Autonomous, For-Hire

Trucking Executives Cite Opportunities for AI Adoption

LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.

Seth Clevenger | Managing Editor, Features and Multimedia
February 8, 2024
Business, Logistics

Reefer Unit Powers Carrier Global to 55.6% Q4 Profit Hike

Profits at Carrier Global jumped 55.6% year-over-year in the fourth quarter on the back of higher refrigeration unit sales and improved operating margins.

Keiron Greenhalgh | Staff Reporter
February 7, 2024
Business, Logistics

XPO Reports Revenue and Earnings Gains for Q4

XPO Inc. reported a year-over-year increase in revenue and earnings despite an overall softer freight environment during the fourth quarter of 2023, the company announced Feb. 7.

Connor D. Wolf | Staff Reporter
February 7, 2024
Business, Logistics

Werner Enterprises Reports Revenue, Profit Decline for Q4

Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.

Connor D. Wolf | Staff Reporter
February 7, 2024
Business, Safety, Logistics, TCA

San Clemente Landslide Forces San Diego Rail to Halt Again

Freight trains to and from the Port of San Diego were suspended again the night of Feb. 6 by a slow-moving landslide that threatens the tracks at San Clemente, Calif.

Phil Diehl | The San Diego Union-Tribune
February 7, 2024
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