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, 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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