• ITVI.USA
    16,014.360
    14.660
    0.1%
  • OTLT.USA
    2.799
    -0.006
    -0.2%
  • OTRI.USA
    22.430
    0.240
    1.1%
  • OTVI.USA
    15,995.600
    10.280
    0.1%
  • TSTOPVRPM.ATLPHL
    2.930
    -0.020
    -0.7%
  • TSTOPVRPM.CHIATL
    3.620
    0.010
    0.3%
  • TSTOPVRPM.DALLAX
    1.330
    -0.040
    -2.9%
  • TSTOPVRPM.LAXDAL
    3.570
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.390
    0.070
    3%
  • TSTOPVRPM.LAXSEA
    4.130
    0.020
    0.5%
  • WAIT.USA
    127.000
    0.000
    0%
  • ITVI.USA
    16,014.360
    14.660
    0.1%
  • OTLT.USA
    2.799
    -0.006
    -0.2%
  • OTRI.USA
    22.430
    0.240
    1.1%
  • OTVI.USA
    15,995.600
    10.280
    0.1%
  • TSTOPVRPM.ATLPHL
    2.930
    -0.020
    -0.7%
  • TSTOPVRPM.CHIATL
    3.620
    0.010
    0.3%
  • TSTOPVRPM.DALLAX
    1.330
    -0.040
    -2.9%
  • TSTOPVRPM.LAXDAL
    3.570
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.390
    0.070
    3%
  • TSTOPVRPM.LAXSEA
    4.130
    0.020
    0.5%
  • WAIT.USA
    127.000
    0.000
    0%
FreightWaves LIVELogistics/Supply ChainsNews

Cold Chain Summit: Choosing a cold storage site isn’t just about location

“There is more data, more insights, more strategy going into [site selection]. But it is something that’s attainable.”

This fireside chat is part of FreightWaves’ Cold Chain Summit

FIRESIDE CHAT TOPIC: The importance of site selection for cold chain facilities 

DETAILS: New cold chain capacity is expensive and complicated to fit into your network. It’s not all about location either, as you also have to think about power sources and government partnerships as well.

SPEAKERS: David Hickey, managing director of Hickey & Associates, and Kevin Hill, executive publisher of FreightWaves

BIO: Hickey leads key client accounts and major initiatives around the world for Hickey & Associates, a global leader in location strategy, logistics and supply chain, labor analytics, and economic incentives advisory. In recent years, Hickey has led the firm’s expansion in the dynamic Asia-Pacific region and navigated the growth strategy for Europe, the Middle East and Africa.

Prior to being a senior leader of the firm, Hickey managed legislative and regulatory affairs for a national agricultural cooperative organization and served as a policy adviser for a member of the United States Senate. He is a frequent contributor in industry media and featured speaker at business and economic development events globally.

KEY QUOTES FROM HICKEY 

“You need to be strategic. You need to do the due diligence in figuring out where is going to be that optimal location.”

“The No. 1 trend … is [finding] the people to get the job done, in the near term and as well as into the long term. … Are you going to be able to get those individuals where you are today, and forecast that five-, 10-plus years out so that you’ll be able to sustain into the future?”

“That de-risking side of it: Could they be in a place that’s already saturated, what happens if a large user comes in, if a large fulfillment center comes into the mix? What does that mean and what is that risk going to be?”

“There is more data, more insights, more strategy going into [site selection]. But it is something that’s attainable. It’s something that can be done.”

Joanna Marsh

Joanna is a Washington, DC-based writer covering the freight railroad industry. She has worked for Argus Media as a contributing reporter for Argus Rail Business and as a market reporter for Argus Coal Daily.

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