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, Equipment, Logistics, For-Hire, Top 100

Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains

Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 26, 2024
Government, Business, Safety, Logistics

Norfolk Southern Profits Lifted by Insurance Payments

Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous derailment, but it also made progress on its own.

Josh Funk | Associated Press
July 25, 2024
Business, Logistics

Lineage’s Shares Climb Up to 5% After Biggest IPO Since Arm

Temperature-controlled storage and logistics giant Lineage Inc. shares climbed as much as 5.4% in its debut as a public company after raising about $4.4 billion in the year’s largest IPO.

July 25, 2024
Business, Logistics

Freight Rate Rebound Timeline Remains Muddy

A timeline for a rebound in freight rates and market conditions remains muddy into the second half of 2024, according to executives and analysts.

Keiron Greenhalgh | Staff Reporter
July 25, 2024
Government, Business, Safety, Logistics

Harris Sticking With ‘Build Back Better’ Agenda for Campaign

Vice President Kamala Harris has committed to continue pursuing policies the current administration initiated three years ago should she win the November presidential election.

Eugene Mulero | Senior Reporter
July 25, 2024
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, Logistics, For-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 25, 2024
Government, Business, Logistics, TCA

Gordie Howe International Bridge Links Detroit to Windsor

DETROIT — The U.S. and Canadian sides of the Gordie Howe International Bridge have been connected, marking the bridge as an official border crossing.

Aya Fayad | The Detroit News
July 25, 2024
Business, Logistics, Global Freight

Union Pacific Profit Grows 7%

OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.

Josh Funk | Associated Press
July 25, 2024
Government, Business, Technology, Safety, Logistics

CBP Installs X-Ray Scanner for Containers at Texas Port

The busiest land border crossing between the U.S. and Mexico now has an advanced X-ray machine that is intended to help more efficiently move commercial truck traffic through the facility.

Noël Fletcher | Staff Reporter
July 24, 2024
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