Emirates delivers first COVID-19 vaccines to UAE
The United Arab Emirates has its first doses of Pfizer coronavirus vaccine thanks to a free delivery from national airline Emirates.
The United Arab Emirates has its first doses of Pfizer coronavirus vaccine thanks to a free delivery from national airline Emirates.
TorQuest Partners buys VersaCold Logistics Services, a major Canadian cold storage provider with a large cross-border trucking operation.
The dry ice shortage that many feared would crimp the ability to ship COVID-19 vaccines turned out to be a Y2K event.
Cold storage warehouse operator RLS Logistics advances growth initiative with the announcement of plans for a new facility serving New England.
Pfizer and BioNTech might be on their way to a logistical breakthrough if they determine their promising COVID-19 vaccine can be shipped at warmer temperatures.
Cold storage heavyweight Lineage Logistics announces the acquisition of Poland’s largest temperature-controlled storage and logistics provider, Pago.
Americold announces another large acquisition, a couple of expansion projects, and informs analysts and investors that the holidays haven’t been canceled.
Automated storage and retrieval systems are making the move into cold-storage real estate.
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.
Third-party food logistics company FreezPak Logistics announces plans to open a new facility near Port Elizabeth to meet “continually growing demand for cold storage space.”
From trucking, security and data exchange to customs and civil aviation permissions, the Amsterdam airport is covering all the bases for rushing out approved coronavirus vaccines.
It appears Lineage Logistics will be able to sustain its 60% annual cubic-foot growth rate. The company announces an equity raise landed it with $1.6 billion in new capital.
Whether or not President Donald Trump’s optimism about an October surprise comes to fruition, there could be an approved coronavirus vaccine next year. A giant flotilla of all-cargo planes will be deployed to deliver the medicine around the world, but airlines are already short of capacity and there isn’t yet enough refrigerated infrastructure to safely store that much vaccine. Airlines are issuing a call to action.
Cold chain facility operator Americold Realty Trust adds three facilities to the network in a pair of transactions.
Lufthansa is expanding its network of cold storage facilities for pharmaceutical products. The network meets the highest industry standards.
Temperature-controlled e-commerce fulfillment provider Perishable Shipping Solutions has closed an $8.7 million funding round. The company plans to add new terminals to its two-facility operation and hire staff.
Lineage Logistics has added 24 locations to its network of cold storage facilities through a series of acquisitions. The announcement follows a few large deals Lineage announced recently.
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.
Cold storage consolidation remains hot. Lineage Logistics closes on Emergent Cold transaction, growing its already dominant global market share.
Lineage Logistics continues its hot acquisition streak, entering into an agreement to purchase Henningsen Cold Storage and its 14 facilities.
Increases in beef and chicken inventories are in contrast with reported meat shortages. The rise in inventory bodes well for the already burgeoning cold storage sector.
Lineage Logistics’ bid for food service distributor Maines expected to save 850 jobs.
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.
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 refrigerated storage company buys two facilities from Netherland-based Van Soest Coldstores.
Deal broadens Americold geography, protein business.
Cold supply chains suffer from opacity in their operations, which could turn disastrous especially during handoffs – when products are left unattended and might slip out of the prescribed conditions it needs to be stored under. Technology like IoT sensors and blockchain could help companies to monitor their cargo movement better.