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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.
53

On the Bubble

Redwood Logistics ($804 million), Chicago, provides 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.
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
Business, Logistics

RXO Reports Revenue Increase to Just More Than $1B for Q3

RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.

Connor D. Wolf | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

Keiron Greenhalgh | Staff Reporter
November 7, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q3 Revenue, Profit Decline in Weak Freight Market

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

Connor D. Wolf | Staff Reporter
November 6, 2024
Government, Business, Technology, Logistics

N.Y. to Give $21.6M for Dairy Supply Chain, Milk Tankers

Gov. Kathy Hochul unveiled the grant program in her 2024 State of the State address as a response to mounting challenges facing dairy farmers.

Noël Fletcher | Staff Reporter
November 6, 2024
Government, Business, Safety, Logistics, TCA

I-40 Between N.C. and Tennessee Could Reopen by Jan. 1

Interstate 40 may reopen between North Carolina and Tennessee by New Year’s Day, according to the North Carolina Department of Transportation.

Richard Stradling | The News & Observer (Raleigh, N.C.)
November 6, 2024
Business, Logistics, Top 100

Lineage Prepares for First Post-IPO Earnings Report

Wall Street expects the company to report $1.3 billion in revenue and an adjusted diluted loss per share of $1.73 for the quarter that ended in September.

Norah Mulinda | Bloomberg News
November 5, 2024
Business, Technology, Logistics

GXO Reports 28% Revenue Jump for Q3

GXO Logistics experienced a 28% jump in revenue as its operations built momentum in the third quarter, the company reported Nov. 5.

Connor D. Wolf | Staff Reporter
November 5, 2024
Government, Business, Safety, Logistics

North Carolina Deploys Surplus Goods to Aid Storm Recovery

Gov. Roy Cooper has issued two executive orders to aid recovery efforts in the state — one to expedite distribution of surplus goods, and another to waive motor vehicle requirements.

Noël Fletcher | Staff Reporter
November 5, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Revenue Soars 92%; Net Loss Hits $34M

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

Connor D. Wolf | Staff Reporter
November 5, 2024
Government, Business, Technology, Equipment, Logistics, Autonomous

US Taps California for CHIPS for America R&D Facility

Sunnyvale, Calif., will host both a research and development semiconductor facility and serve as joint headquarters for Natcast and the National Semiconductor Technology Center.

Noël Fletcher | Staff Reporter
November 4, 2024
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