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.
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.
Liu Zhi, chairman of Dalian Yidu, a major importer and logistics and cold storage operator, and his younger brother, who is involved in the meat division of the business, were reportedly arrested by China Customs on Jan. 16.
Swiss WorldCargo, the airfreight division of Swiss International Air Lines Ltd., and its partner ground handling companies Cargologic AG and SATS have concluded a Memorandum of Understanding (MoU) aimed at further enhancing their cargo handling.
Snowman is negotiating to acquire two Bengaluru, India-based startups specializing in chopping vegetables and assembling sandwiches before delivering them to quick service restaurants as the cold chain warehouse firm looks to expand value-added services.
ITL currently has 200 refrigerated 53-foot domestic intermodal containers in its fleet, and its service is the only regularly scheduled refrigerated domestic intermodal service from Washington State to the Midwest and East Coast.
Members of the Maritime Port Workers’ Federation of Costanera Espigón (Fetraportces) in Chile began their latest indefinite walkout on Saturday after failing to reach an agreement with port managers over shift patterns.