2024 Essential Financial and Operating Information for the 100 Largest Logistics Companies in North America
Up Front

The e-commerce, warehousing and supply chain giant debuts at the very top of the 2024 Top 100 Logistics Companies list

3PLs navigate tough business conditions and compressed margins while awaiting a freight market rebound

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

Rankings
Rank Company Total Refrigerated Storage (Millions of Cu. Ft.) No. of Warehouses
1 Lineage Logistics 2,800.0 450
2 Americold Logistics 1,258.0 245
3 Penske Logistics 46.9 18
4 RLS Logistics 28.0 9
5 ODW Logistics 9.3 2
6 Kenco Group 6.8 52
7 Peoples Services 2.5 3
8 Nu-Way Transportation 1.1 1
9 Best Logistics Group 1.0
Extras

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Many logistics firms saw soft demand as market contraction negatively affected businesses in 2023

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

Logistics News
Government, Business, Logistics

China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US

China’s top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.

May 7, 2019
Government, Business, Logistics

Mexico Border Delays Seen Weighing on US Investment, Factories

More cargo from Mexico to the United States is being held up at the border, accompanied by increasing evidence that such delays are dimming prospects for American companies.

Jordan Yadoo | Bloomberg News
May 7, 2019
Government, Business, Logistics

Grain Markets Dive to 42-Year Low After Trump’s Trade Tweets

Soybean and corn futures slumped after tweets from Donald Trump that threaten an escalation of the U.S.-China trade war, frustrating battered American producers hoping for a quick resolution.

May 7, 2019
Government, Business, Logistics

Trump’s Tariffs on Chinese Electric Cars Seen Likely to Last

With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country’s auto market.

Keith Naughton | Bloomberg News
May 7, 2019
Business, Equipment, Logistics

Ryder System Posts Robust First Quarter, Boosts Profit Forecast for 2019

Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019.

Daniel P. Bearth | Staff Writer
May 3, 2019
Business, Logistics

Universal Logistics Acquires Michael’s Cartage

Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.

May 3, 2019
Business, Technology, Logistics, Autonomous, Top 100

FedEx, UPS Strive to Automate Loading and Unloading Trucks

As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.

Thomas Black | Bloomberg News
May 3, 2019
Government, Business, Logistics

Goods-Trade Gap Widens to $71.4 Billion on Import Increase

America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.

Katia Dmitrieva | Bloomberg News
May 3, 2019
Business, Technology, Logistics

Tesla CEO Elon Musk Correctly Called European Slump for April

Tesla Inc.’s deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk’s prediction for “lumpy” results.

Oliver Sachgau | Bloomberg News
May 3, 2019
Business, Logistics

Averitt Expands Residential Delivery Options

Averitt Express has expanded its residential delivery network to provide shippers with a variety of direct-to-customer delivery options as demand for final-mile logistics services grows.

May 2, 2019
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