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Management from cold storage warehouse operator Americold addresses concerns about decelerating trends and a soft 2022 outlook.
Boehler is terminated without cause; George Chappelle is named interim CEO.
El alto ejecutivo ha sido despedido sin motivo después de
casi 6 años al frente del gigante del almacenamiento en frío
Temperature-controlled warehouse operator Americold pulled in its 2021 outlook, citing labor-related food manufacturing limitations within its customer base.
Cold storage facility operator Americold said food manufacturers are “failing to meet the needs of retailers” as COVID-related production shutdowns have drawn down food stocks. The impacts from lower inventories and throughput were seen in the company’s first-quarter report.
Cold storage operator Americold saw occupancy dip year-over-year during the fourth quarter as food manufacturers struggled to keep proteins in stock.
Americold announced that it has closed on a 46-facility deal valued at $1.74 billion.
Americold announces another large acquisition, a couple of expansion projects, and informs analysts and investors that the holidays haven’t been canceled.
Cold storage operator Americold expands its portfolio again, this time in a $1.74 billion bid for the world’s fourth-largest provider. Americold plans to offer 33 million common shares in total to facilitate the deal.
Cold chain facility operator Americold Realty Trust adds three facilities to the network in a pair of transactions.
Cold storage facility operator Americold Realty Trust’s second quarter was slightly below expectations on choppy demand and increased COVID costs.
Cold storage facility operator Americold announces plans to resume facility expansion project in New Zealand.
Americold Realty Trust will partner with grocery retailer to provide 500,000 square feet of frozen storage space in two new facilities.
Food supply chain warehouse operator Americold Realty Trust beats first-quarter forecasts, reiterates guidance and shakes off meat shortage concerns.
Americold Realty Trust plans to keep all 183 cold storage facilities “open for business.”
Americold sees “lots of occupancy opportunities” for cold storage moving forward.
Saia’s CFO leaves after just 8 months to return to reefer warehousing firm Americold
Americold Realty Trust continues to grow its temperature-controlled storage footprint through acquisition. The company looked north of the border for its latest deal.
Americold posts decent-to-mixed third-quarter results
The company also announced plans to invest up to $136 million in automated and semiautomated expansion projects and select redevelopment at its Atlanta campus.
Deal broadens Americold geography, protein business.
Pilot Freight Services names new chief executive officer and president, while the Port of Tacoma hires new director of engineering, and Americold hires executive vice president and chief commercial officer.
The refrigerated warehouse specialist now has over 165 facilities around the world with more than 145 in the U.S.
The warehousing and food logistics company will add 6.5 million cubic feet of capacity to its Clearfield, Utah facility.
The International Longshore and Warehouse Union picks leader for Local 13 in L.A./Long Beach, while the Port of Seattle names COO and Americold appoints senior VP for business development.
Hub Group names VP of corporate development, while Americold promotes COO to CEO.
The refrigerated warehousing and logistics specialist finalized the purchase of the Tradewater facility in Atlanta, Ga., for which it had assumed the lease since 2006.
The temperature-controlled warehousing and logistics services provider for the food industry will partner with Icelandic shipping company Eimskip to construct a new cold storage facility in Portland, Maine.
The Heyburn facility will serve the local dairy and agricultural markets.
Americold, a provider of temperature-controlled warehousing and logistics to the food industry, has introduced Xpedite, a 24-hour service offering fast delivery of both less-than-truckload and truckload shipments. Xpedite helps food shippers locate truck capacity for routine and urgent deliveries, the company said. “There are many expedited service companies in the marketplace. What […]
