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

Supply Chain Challenges Likely to Remain Well Into 2022

As retailers ramp up inventory for a fast-approaching holiday shopping season, experts worry that an already overextended domestic supply chain will be further tested amid overseas ports’ struggles with the COVID-19 delta variant, rising shipping prices and trucking’s persistent and growing driver shortage.

Dan Ronan | Senior Reporter
August 19, 2021
Business, Logistics

Just as Things Look Better for Retail, Amazon Rears Its Head

News of Amazon .com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector.

Jonathan Roeder | Bloomberg News
August 19, 2021
Business, Equipment, Logistics

Ports on Both Coasts Report Strong July Numbers

Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes.

Dan Ronan | Senior Reporter
August 18, 2021
Government, Business, Technology, Logistics

China Port Congestion Worsens as Ningbo Shuts for a Week

The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert from Ningbo amid uncertainty over how long virus control measures in the city will last.

Kevin Varley and Ann Koh | Bloomberg News
August 18, 2021
Business, Logistics

WTO Says Record Global Trade in Goods Might Be Nearing a Peak

Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by regional imbalances and coronavirus outbreaks that slow economic activity, the World Trade Organization said.

Brendan Murray | Bloomberg News
August 18, 2021
Government, Business, Logistics

KCS Delays Vote on $33.6 Billion Rail Takeover Bid

A shareholder vote on the proposed $33.6 billion acquisition of Kansas City Southern by Canadian National Railway has been delayed until Sept. 3 to provide time for government officials to rule on whether CN can operate KCS while the deal is under federal review.

Dan Ronan | Senior Reporter
August 18, 2021
Business, Logistics, Top 50

Deutsche Post to Buy Logistics Firm Hillebrand for $1.8 Billion

Deutsche Post AG has agreed to acquire German logistics company Hillebrand for about 1.5 billion euros ($1.8 billion).

August 17, 2021
Government, Business, Safety, Logistics

Americans Spent Less in July as COVID-19 Cases Surged

NEW YORK — Americans cut back on their spending in July as a surge in COVID-19 cases kept people away from stores.

Joseph Pisani | Associated Press
August 17, 2021
Business, Logistics, Top 100

Walmart’s Slowing E-Commerce, Margin Weigh in Q2

Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations.

Matt Townsend | Bloomberg News
August 17, 2021
Government, Business, Technology, Logistics

Containership Bottleneck Nears Its February Record

The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months, threatening to extend transportation delays, bite further into margins for American importers and boost prices for consumers.

Brendan Murray | Bloomberg News
August 16, 2021
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