2023 Essential Financial and Operating Information for the 100 Largest Logistics Companies in North America
Up Front

Top 100 logistics firms keep growing despite freight market normalization in 2022

Logistics providers are adopting new tech, automating warehouse operations and optimizing fulfillment

Find out where the Top 100 Logistics companies are located by region; click links to view details about the company

Rankings
Rank Company Total Refrigerated Storage (Millions of Cu. Ft.) No. of Warehouses
1 Lineage Logistics 2,800.0 430
2 Americold Logistics 1,200.0 242
3 Penske Logistics 44.8 82
4 Burris Logistics 38.0 13
5 RLS Logistics 25.4 6
6 ODW Logistics 6.5 31
7 Peoples Services 2.5 47
8 Echo Global Logistics 2.0
9 Matson Logistics 1.0 1
Extras

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Inventory buildup and decreased transportation costs contribute to increased growth in 2022

 

Learn more about how companies are selected for Transport Topics' Top 100 largest logistics companies list

 

Logistics News
Business, Logistics

Analyst: Carriers Feeling Effects of Higher Operating Costs

DALLAS — Higher operating costs, more volatile market cycles and a shift from West Coast ports are characteristics of the post-pandemic freight market, according to an industry analyst.

Noël Fletcher | Staff Reporter
November 21, 2022
Business, Logistics

Norfolk Southern to Buy Cincinnati Rail Line for $1.62 Billion

Norfolk Southern Corp. agreed to acquire Cincinnati Southern Railway, tightening the company’s grip on a critical 337-mile line it already operates under a lease agreement.

Richard Clough | Bloomberg News
November 21, 2022
Business, Logistics

Carriers Feeling Cheery About On-Time Holiday Deliveries

The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy.

David Sharp | Associated Press
November 21, 2022
Government, Business, Logistics

December Strike Possible as Rail Union Rejects Labor Deal

The possibility of a nationwide freight rail strike beginning as early as Dec. 9 moved one step closer when the union SMART-TD, one of the largest in contract talks with the six Class I freight carriers, turned down a tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials.

Dan Ronan | Senior Reporter
November 21, 2022
Government, Business, Logistics

Judge Orders Amazon to Stop Retaliations Against Organizers

A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year.

Haleluya Hadero | Associated Press
November 21, 2022
Business, Logistics

Trucking M&A Activity Heads Toward Year-End Boost

The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.

Connor D. Wolf | Staff Reporter
November 21, 2022
Government, Business, Logistics

Engineers Ratify, but Conductors Split on Rail Labor Contract

Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected the contract, casting more doubt on whether the industry will be able to resolve the labor dispute before December’s deadline.

Josh Funk | Associated Press
November 21, 2022
Business, Technology, Logistics

Karmak Acquires Truckmore to Bolster Digital Truck Dealer Services

Business management services provider Karmak Inc. on Nov. 16 announced the acquisition of truck dealer technology company Truckmore.

November 21, 2022
Business, Logistics

Some Owner-Operators Return to Fleets as Spot Market Softens

A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.

Connor D. Wolf | Staff Reporter
November 21, 2022
Business, Logistics

FedEx Delivery Contractors’ Threat of Black Friday Walkout Fizzles

FedEx Corp. defused a threat by its delivery contractors to walk off the job on Black Friday in protest of dwindling profits as a trade group representing disgruntled logistics company owners disbanded.

Thomas Black | Bloomberg News
November 19, 2022
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