The mall is now a warehouse, and Blackstone Group is betting $18.7 billion on the shift. That’s how much the alternative investment manager is paying for 179 million square feet of urban logistics properties — the warehouses used by Amazon and other retailers to fulfill orders from online shoppers.
June 3, 2019Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dry Storage Warehousing Firms
Rank | Company | Total Space (Millions of Sq.Ft.) | No. of Warehouses |
---|---|---|---|
1 | DHL Supply Chain | 139.6 | 493 |
2 | GXO Logistics | 90.0 | 316 |
3 | Ryder Supply Chain Solutions | 80.0 | 330 |
4 | NFI | 60.0 | 162 |
5 | Geodis (North America) | 52.1 | 303 |
6 | CJ Logistics America | 51.1 | 71 |
7 | Kenco Group | 36.3 | 103 |
8 | Saddle Creek Logistics Services | 31.0 | 80 |
9 | FedEx Logistics | 30.7 | 110 |
10 | Penske Logistics | 27.4 | 98 |
11 | UniGroup | 25.0 | 110 |
12 | DB Schenker (North America) | 23.7 | 91 |
13 | Kuehne + Nagel Americas | 18.7 | 87 |
14 | Ceva Logistics (North America) | 18.1 | 119 |
15 | Maersk Logistics (Americas) | 18.0 | 65 |
16 | UPS Supply Chain Solutions | 17.3 | 144 |
17 | DSV A/S (North America) | 16.4 | 65 |
18 | Warehouse Services Inc. | 14.0 | 30 |
18 | WSI | 14.0 | 52 |
20 | Radial | 13.4 | 22 |
21 | C.H. Robinson Worldwide | 12.9 | 283 |
22 | Metro Supply Chain | 12.8 | 83 |
23 | Universal Logistics Holdings | 12.2 | 32 |
24 | Expeditors International of Washington | 11.7 | 133 |
25 | APL Logistics (North America) | 11.2 | 43 |
26 | Neovia Logistics | 10.2 | 49 |
27 | Cardinal Health | 10.0 | 38 |
28 | Syncreon | 9.9 | 44 |
29 | Legacy Supply Chain Services | 8.0 | 27 |
29 | Peoples Services | 8.0 | 42 |
29 | Wagner Logistics | 8.0 | 23 |
32 | Holman Logistics | 7.9 | 20 |
33 | FW Logistics | 7.8 | 20 |
34 | Hub Group | 7.2 | 23 |
34 | Verst Logistics | 7.2 | 25 |
36 | Nippon Express (North America) | 6.9 | 66 |
37 | Kane Logistics | 6.8 | 21 |
38 | Technicolor Global Logistics | 6.5 | 12 |
39 | Atlanta Bonded Warehouse | 6.4 | 15 |
39 | ODW Logistics | 6.4 | 26 |
41 | Whiplash | 6.0 | 18 |
41 | WOW Logistics | 6.0 | 19 |
43 | Sunland Logistics Solutions | 5.4 | 16 |
44 | Barrett Distribution | 5.0 | 21 |
44 | Comprehensive Logistics | 5.0 | 20 |
44 | Dimerco Express Group | 5.0 | 38 |
44 | Logistics Plus | 5.0 | 14 |
44 | United Facilities | 5.0 | 12 |
49 | TAGG Logistics | 4.5 | 23 |
49 | Taylored Services | 4.5 | 12 |
49 | The Shippers Group | 4.5 | 11 |
52 | Odyssey Logistics & Technology | 4.2 | 56 |
53 | Estes Forwarding Worldwide | 4.0 | 17 |
53 | Reo Logistics | 4.0 | 5 |
53 | SCI Group | 4.0 | 32 |
53 | Seko Logistics | 4.0 | 90 |
57 | Kintetsu World Express (North America) | 3.8 | 40 |
58 | A. Duie Pyle | 3.5 | 16 |
59 | Yusen Logistics | 3.2 | 33 |
60 | Covenant Logistics Group | 3.0 | 17 |
60 | Evans Distribution Systems | 3.0 | 6 |
60 | Kontane Logistics | 3.0 | 18 |
60 | RJW Logistics | 3.0 | 7 |
64 | Hitachi Transport System | 2.8 | 48 |
65 | Grupo Porteo | 2.7 | 23 |
66 | AIT Worldwide Logistics | 2.5 | 61 |
66 | Jillamy Packaging and Warehouse | 2.5 | 18 |
68 | Koch Logistics | 2.2 | 4 |
69 | Averitt Express | 2.1 | 45 |
69 | CRST The Transportation Solution | 2.1 | 60 |
71 | ACCEL Logistica | 2.0 | 23 |
71 | ITS Logistics | 2.0 | 5 |
71 | OIA Global | 2.0 | 13 |
71 | TA Services | 2.0 | 11 |
75 | Schneider | 1.9 | 9 |
Top 100 Logistics Companies provide logistics services, including freight brokerage, freight forwarding, warehousing and dedicated contract carriage in North America and are ranked on the basis of annual gross revenue. Some sector rankings may have been updated since their print publication. To be included in the Top 100 list, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
Blackstone Bets $18.7 Billion on Amazon Effect in Warehouse Deal
FedEx Shares Slide as China Opens Probe Over Huawei Deliveries
FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.
Air Cargo Carriers Caught in Crossfire of US-China Trade War
President Donald Trump’s intensifying trade war with China dented air cargo traffic even before FedEx Corp. got dragged into the brawl, as companies worldwide reconfigure their supply chains in the face of increasing tariffs.
June 3, 2019C.H. Robinson Acquires European Logistics Firm Dema Service
C.H. Robinson has acquired Italian transportation company Dema Service S.p.A., according to a news release.
June 3, 2019BMW Factory Caught in Trump’s Mexican Standoff
President Donald Trump’s vow to impose a 5% tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW AG factory that opens in the country next week.
GM, Ford Slip as Auto Sector Hit by Trump’s Mexico Threat
U.S. automakers and parts suppliers were among the sectors hit hardest in early trading May 31 after President Donald Trump’s threat to impose a tariff of up to 25% on Mexican goods. General Motors Co. and Ford Motor Co. each fell more than 3%.
Tesla Starts Accepting Orders for Lower-Priced Model 3s Made in China
Tesla Inc. started taking orders for Model 3 cars to be made in China, lowering prices for the vehicle as it seeks to double down on a market it expects to drive future growth and revenue.
May 31, 2019Pork Producers, Corn Growers Urge Trump to Reverse on Mexico Tariffs
The U.S. National Pork Producers Council urged President Donald Trump to reverse his decision to impose new tariffs on Mexico over illegal immigration.
Trump to Impose Tariff Until Mexico Stops Migrant Flood Into US
President Donald Trump said that he would impose a 5% tariff on Mexican goods until that country stops immigrants from entering the U.S. illegally.
May 30, 2019FedEx Ground to Deliver Seven Days a Week to Satisfy Online Shoppers
FedEx Corp. announced the FedEx Ground unit will offer deliveries seven days a week for the majority of the U.S. population beginning in January to further serve the fast-growing e-commerce market.