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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.
55

On the Bubble

ArcBest Corp. ($779 million), Fort Smith, Ark., provides air and ocean freight forwarding, custom brokerage, freight brokerage, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, 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, Safety, Logistics

Norfolk Southern Turns to Automated Inspection Portals

Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.

Josh Funk | Associated Press
October 26, 2023
Business, Logistics, For-Hire

Ryder Reports Slight Revenue Decline for Q3

Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.

Connor D. Wolf | Staff Reporter
October 26, 2023
Government, Business, Logistics

Strike Halts All Shipping on St. Lawrence Seaway

MINNEAPOLIS — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes to the rest of the world.

Steve Karnowski | Associated Press
October 26, 2023
Government, Business, Technology, Fuel, Logistics

Ports Consider Digitization Strategies to Track Cargo

AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.

Dan Ronan | Senior Reporter
October 26, 2023
Business, Logistics

Canadian Pacific Earnings Fall, 2023 Outlook Revised

Railway operator Canadian Pacific Kansas City Ltd. said a weakening economy and spate of labor disruptions weighed on freight volumes in the third quarter more than management anticipated.

Stephanie Hughes | Bloomberg News
October 25, 2023
Business, Logistics

Port Leaders See Viability of Inland Facilities

AURORA, Colo. —  As land around the nation’s congested seaports gets more expensive, executives at  AAPA's annual convention said a viable option is to develop inland ports.

Dan Ronan | Senior Reporter
October 25, 2023
Business, Equipment, Fuel, Logistics

Congestion Cost Trucking a Record $94.6 Billion in 2021

Snarled traffic added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according to a study by the American Transportation Research Institute.

Eric Miller | Senior Reporter
October 25, 2023
Business, Technology, Logistics, TCA

Former Employees Looking to Buy Convoy, Report Says

Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.

Paul Roberts | The Seattle Times
October 25, 2023
Business, Logistics

CN Railway Misses Estimates as Consumer Goods Shipments Drop

Canadian National Railway Co. spelled out a challenging picture for the economy as earnings fell short of expectations in the third quarter, partly due to falling demand for consumer goods.

Stephanie Hughes | Bloomberg News
October 24, 2023
Business, Logistics, For-Hire

TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market

TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.

Keiron Greenhalgh | Staff Reporter
October 24, 2023
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