Tiger Cool Express, the second largest U.S. operator of 53-foot domestic refrigerated containers, announced in February the acquisition of 200 containers from Quingdao CIMC Special Reefer Co., Ltd. bringing its fleet to 435 containers.
A specialized $29.6 million, state-of-the-art temperature controlled refrigerated distribution center to be built at London’s Port of Tilbury by port owners Forth Ports Ltd and NFT Distribution is scheduled to open in late 2015.
The globalization of the supply chain has made food accessible to more people than at any time in human history. No one sees this as anything but positive.
But as a result, the supply chain bears more responsibility for the safety of the world’s food...
While there’s little doubt transshipment activity through Panama will grow strongly once the expansion is completed, not everyone in the temperature-controlled logistics industry believes the subsequent shifts in trade patterns will bring new business.
Through this acquisition, Brookfield Cold Storage is acquiring more than 130,000 square feet of cold storage properties, including a brand new state-of-the-art facility in the Halifax Gateway Logistics Park.
The new facility will serve as a platform for Acme to accommodate future growth and sales opportunities in the smoked seafood category, both domestically and internationally, while still remaining connected to its Brooklyn roots.
Anyone with their ear to the ground for the last six years knows that if there was a global recession, you wouldn’t know it from global cold chain activity.
The Global Cold Chain Alliance’s recently-released Global Cold Storage Capacity Report...
The Halfwassen Group, a private investment group, has obtained full control of the INland Logistics Port in Kingsbury Industrial Park in La Porte, Ind., giving hope for a transloading/refrigerated rail service in the park.
The Port of Quincy Intermodal Terminal Infrastructure Expansion Project has received widespread support with dozens of shippers and organizations sending letters to the Washington State Legislature in support of the request.
The Global Cold Storage Capacity Report from the Global Cold Chain Alliance offers companies looking to learn about growth opportunities in the global cold chain an excellent tool for planning their strategy.
With dozens of ships carrying thousands of containers currently waiting to unload off the coast of California, Chilean exporter association Asoex has called on perishable cargoes to be given priority as vessels are unloaded.
Increase in mergers and acquisitions are one major trend emerging in the market that will enable companies to expand their global customer base and their portfolio of products, solutions, and services.
Five months after launching its refrigerated rail service TransCold Logistics LLC, parent company McKay TransCold LLC closed up shop and filed for Chapter 7 bankruptcy liquidation with debts of about $7 million.