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, Technology, Logistics

Driver Detention Time Creeps Upward

After improving in 2018, it appears as though driver detention time has increased recently, with many shippers falling back into habits that delay trucks at their docks and push up dwell times.

Gary Frantz | Special to Transport Topics
October 28, 2019
Business, Equipment, Logistics

United Road Acquires Truck Hauler Team Drive-Away

Auto hauler United Road acquired Team Drive-Away, a company that specializes in moving new and used Class 8 trucks, United Road said.

Jim Stinson | Staff Reporter
October 28, 2019
Business, Technology, Logistics, Top 100

FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs

FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.

Thomas Black | Bloomberg News
October 28, 2019
Business, Logistics

Universal Logistics Reports Net Loss of $8.4 Million

Universal Logistics Holdings Inc. reported a third-quarter net loss of $8.4 million, compared with $15.1 million net income in the third quarter of 2018.

Jim Stinson | Staff Reporter
October 25, 2019
Business, Logistics

Werner Reports $39 Million in Net Income, Second-Best Q3

Werner Enterprises Inc. reported smaller profits in the third quarter of 2019 but said the period was still the second-best Q3 in company history.

Jim Stinson | Staff Reporter
October 25, 2019
Business, Technology, Logistics, TCA

Shipwell Raises $35M to Fuel Growth

Shipwell, an Austin, Texas-based startup focused on managing trucking and shipping logistics for businesses, has raised $35 million to continue its growth, the company said Oct. 24.

Kara Carlson | Austin American-Statesman
October 25, 2019
Business, Technology, Logistics, Autonomous, Top 100, TCA

XPO Logistics Launches Partnership With MIT

GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

Paul Schott | The Advocate (Stamford, Conn.)
October 24, 2019
Business, Technology, Logistics, Top 50

Echo Global’s Net Income Drops 49% in Q3

Echo Global Logistics Inc., a Chicago-based technology-enabled transportation management service, said profits dropped by about half in the quarter ended Sept. 30.

October 24, 2019
Business, Logistics

Norfolk Southern’s Net Income, Revenue Decline

Norfolk Southern Corp. followed the trend of Class 1 railroads reporting record operating ratios, but net income and revenue dropped in the third quarter.

Dan Ronan | Senior Reporter
October 23, 2019
Business, Logistics, Top 100

Covenant Transportation Posts $3.2 Million Net Loss in Q3

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

Jim Stinson | Staff Reporter
October 22, 2019
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