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2021 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
Up Front
The pandemic-driven spike in online shopping has forced firms to adjust operations.
For the 2021 list, we've decided to use a different metric to rank companies.
Find out where the Top 50 are located by U.S. region.
Rankings
Rank Company Total Refrigerated Storage (Millions of Cu. Ft.) No. of Warehouses
1 Lineage Logistics 2,100.0 340
2 Americold Logistics 1,410.0 186
3 United States Cold Storage 376.0 42
4 XPO Logistics 175.0 336
5 VersaCold Logistics Services 120.0 27
6 Penske Logistics 77.3 94
7 Burris Logistics 75.6 14
8 Conestoga Cold Storage 64.0 5
9 Midwest Refrigerated Services 45.9 7
10 Hanson Logistics 43.0 7
11 Trenton Cold Storage 34.0 8
12 Confederation Freezers 29.0 8
13 FW Logistics 24.0 16
14 RLS Logistics 20.0 5
15 NFI 16.0 132
16 Covenant Logistics Group 10.5 12
17 Geodis (North America) 1.4 171
18 Rinchem Co. 1.2 21
19 Peoples Services 1.0 45
Extras
Evan Armstrong breaks down how COVID-19 challenged companies in 2020.
51

On the Bubble

Neovia Logistics ($835 million), Irving, Texas, provides order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
The leader in cold storage wants to become a one-stop shop.
If your company appears on the 2021 list, you have a few ways to announce it. Visit our logo library to get web- and print-ready graphics.
How drones could help distribute COVID-19 vaccines.
Learn more about Transport Topics' Top 50 Logistics Companies publication.
Logistics News
Government, Logistics, For-Hire

Yellow Reports Q1 Loss

Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.

Dan Ronan | Senior Reporter
May 4, 2023
Business, Logistics, Top 100

XPO Reports $1.9 Billion Revenue for Q1

XPO Inc. experienced an increase in revenue despite a challenging freight environment during the first quarter of 2023, the company reported May 4. 

Connor D. Wolf | Staff Reporter
May 4, 2023
Government, Business, Safety, Logistics

Shipping Lobby Group Advises Caution on Climate Targets

An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce their contribution to climate change.

Ed Davey | Associated Press
May 4, 2023
Business, Logistics, Top 100

RXO Reports $1 Billion Revenue for First Full Quarter

RXO on May 3 reported revenue exceeding $1 billion in its first full quarter as an independent company. The Charlotte, N.C.-based business formerly operated within XPO.

Connor D. Wolf | Staff Reporter
May 3, 2023
Business, Technology, Fuel, Logistics, For-Hire

Ryder Introduces Electric Vehicle Service

ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.

Seth Clevenger | Managing Editor, Features and Multimedia
May 2, 2023
Government, Business, Logistics

FMC Commissioner Calls for Transparency in Shipping Industry

Federal Maritime Commissioner Carl Bentzel believes that the port bottlenecks that occurred during the peak of the coronavirus pandemic must be avoided during future emergencies.

Dan Ronan | Senior Reporter
May 2, 2023
Business, Logistics

Japan Airlines to Debut Its First Freighter Planes in 13 Years

Japan Airlines Co. will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand.

Supriya Singh | Bloomberg News
May 2, 2023
Business, Technology, Equipment, Fuel, Logistics, Global Freight

DHL Plans Third Air Cargo Hub in California

Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

Dan Ronan | Senior Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Government, Business, Logistics

GAO Tells DOT to Update Freight Handbook

To improve real-time decisions in the commercial transportation sector, a new government watchdog report recommended the U.S. Department of Transportation update its freight guidance.

Eugene Mulero | Senior Reporter
May 1, 2023
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