Americold

Cold Storage Market Size to be Worth USD 392.16 Billion By 2032 | Precedence Research

Retrieved on: 
Wednesday, December 13, 2023
Carbon, Machine learning, Internet of things, Chemistry, Food, Risk, MMX, IBM, CPKC, Artificial intelligence, Fruit, REIT, USD, OSO, Humidity, System, Kansas City Southern Railway, Food safety, RFID, Software, Growth, HVLS, AI, Temperature, Environment, Food microbiology, Transport, Pharmaceutical industry, Speciality chemicals, Americold

Driver: The rapidly rising global food trade is driving the growth of the cold storage market.

Key Points: 
  • Driver: The rapidly rising global food trade is driving the growth of the cold storage market.
  • Cold Chain Equipment Market: The global cold chain equipment market size exceeded USD 14.08 billion in 2022, and it is projected to hit around USD 108.37 billion by 2032, growing at a CAGR of 22.64% from 2023 to 2032.
  • Carbon Capture and Storage Market: The global carbon capture and storage market size was evaluated at USD 5.99 billion in 2023 and it is expected to touch around USD 35.70 billion by 2032, poised to grow at a CAGR of 21.94% during the forecast period 2023 to 2032.
  • Thermal Energy Storage Market: The global thermal energy storage market size was estimated at USD 21.66 billion in 2022 and is projected to surpass around USD 50.57 billion by the year 2032, growing at a notable CAGR of 8.9% during the forecast period 2023 to 2032.

Cold Storage Market Size to be Worth USD 392.16 Billion By 2032 | Precedence Research

Retrieved on: 
Wednesday, December 13, 2023
Carbon, Machine learning, Internet of things, Chemistry, Food, Risk, MMX, IBM, CPKC, Artificial intelligence, Fruit, REIT, USD, OSO, Humidity, System, Kansas City Southern Railway, Food safety, RFID, Software, Growth, HVLS, AI, Temperature, Environment, Food microbiology, Transport, Pharmaceutical industry, Speciality chemicals, Americold

Driver: The rapidly rising global food trade is driving the growth of the cold storage market.

Key Points: 
  • Driver: The rapidly rising global food trade is driving the growth of the cold storage market.
  • Cold Chain Equipment Market: The global cold chain equipment market size exceeded USD 14.08 billion in 2022, and it is projected to hit around USD 108.37 billion by 2032, growing at a CAGR of 22.64% from 2023 to 2032.
  • Carbon Capture and Storage Market: The global carbon capture and storage market size was evaluated at USD 5.99 billion in 2023 and it is expected to touch around USD 35.70 billion by 2032, poised to grow at a CAGR of 21.94% during the forecast period 2023 to 2032.
  • Thermal Energy Storage Market: The global thermal energy storage market size was estimated at USD 21.66 billion in 2022 and is projected to surpass around USD 50.57 billion by the year 2032, growing at a notable CAGR of 8.9% during the forecast period 2023 to 2032.

Rubicon Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
Environment, Technology, Finance, Professional Services, Sustainability, Software, Green Technology, Data Management, Recycling, NYSE, Heart, Rubicon Technologies, RBT, EBITDA, Telephone, Municipal solid waste, City, Growth, Partnership, Webcast, Neiman Marcus, Collection, Mobile phone, Video game, Security (finance), Rubicon, Americold

Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of software-based waste, recycling, and fleet operations products for businesses and governments worldwide, today reported financial and operational results for the third quarter of 2023.

Key Points: 
  • Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of software-based waste, recycling, and fleet operations products for businesses and governments worldwide, today reported financial and operational results for the third quarter of 2023.
  • “We are excited to announce our third quarter 2023 results, which include a third consecutive quarter of record Adjusted Gross Profit,” said Phil Rodoni, Chief Executive Officer of Rubicon.
  • In the third quarter of 2022, Rubicon outlined its strategic plan and committed to materially improving its operational performance and strengthening its financial position.
  • The Rubicon Technologies, Inc. management team will host a conference call to discuss its third quarter 2023 financial results this afternoon, Wednesday, November 8, 2023, at 5:00 p.m.

Americold Appoints Bryan Verbarendse as Chief Operating Officer for North America

Retrieved on: 
Monday, August 28, 2023
SUPERVALU, Senior, BBA, Acquisition, Americold Realty Trust v. ConAgra Foods, Inc., Distribution, Boise State University, NYSE, Management, Americold, Finance

ATLANTA, GA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced the appointment of Bryan Verbarendse as Chief Operating Officer for North America.

Key Points: 
  • ATLANTA, GA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced the appointment of Bryan Verbarendse as Chief Operating Officer for North America.
  • “We’re pleased to welcome Bryan to the Americold team,” said George Chappelle, Chief Executive Officer of Americold.
  • Prior to joining Americold he served as Senior Vice President of Distribution and Replenishment for Albertson’s.
  • He has also served as Group Vice President of Distribution at Albertson’s and held General Manager roles at Albertson’s and SUPERVALU.

Americold Realty Trust, Inc. Announces First Quarter 2023 Results

Retrieved on: 
Thursday, May 4, 2023
Americold, Information technology, Estate, Americold Realty Trust v. ConAgra Foods, Inc., GAAP, Privacy, Sale, Acquisition, Nature, Webcast, Growth, Self storage, Risk management

This compares to $419.5 million at the end of the fourth quarter of 2022 and $367.4 million at the end of the first quarter of 2022.

Key Points: 
  • This compares to $419.5 million at the end of the fourth quarter of 2022 and $367.4 million at the end of the first quarter of 2022.
  • On March 9, 2023, the Company’s Board of Directors declared a dividend of $0.22 per share for the first quarter of 2023, which was paid on April 14, 2023 to common stockholders of record as of March 31, 2023.
  • The Company will hold a webcast and conference call on Thursday, May 4, 2023 at 5:00 p.m. Eastern Time to discuss its first quarter 2023 results.
  • A live webcast of the call will be available via the Investors section of Americold Realty Trust’s website at www.americold.com .

Americold Opens Facility Expansion in Barcelona, Spain

Retrieved on: 
Thursday, March 23, 2023
Americold Realty Trust v. ConAgra Foods, Inc., Americold, Food industry, Bay, Transport, NYSE, Warehouse

ATLANTA, GA., March 23, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled warehouses and logistics for the food industry, today announced the grand opening of its facility expansion in Santa Perpetua Barcelona, Spain.

Key Points: 
  • ATLANTA, GA., March 23, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled warehouses and logistics for the food industry, today announced the grand opening of its facility expansion in Santa Perpetua Barcelona, Spain.
  • With this expansion, the Santa Perpetua facility now has over 20,000 pallet positions offering storage for frozen, chilled, and ambient produce.
  • The facility also provides order preparation, transportation, and a large variety of value-added services to serve customers in Spain and across Europe.
  • This is one of four Americold facilities in Spain; other facilities include Valencia, Algeciras, and Palau.

Americold Announces Strategic Investment in Dubai Cold Storage Company RSA Cold Chain

Retrieved on: 
Monday, March 13, 2023
Acquisition, REIT, NYSE, RSA, Partnership, DP World, Americold Realty Trust v. ConAgra Foods, Inc., Property insurance, Americold

ATLANTA, GA and DUBAI, United Arab Emirates, March 13, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (“Americold” or the “Company”), the world’s largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, announced today a strategic investment into RSA Cold Chain in Dubai. At close, Americold’s investment is $3.9 million for the Company’s share (49%) of RSA Cold Chain equity.

Key Points: 
  • ATLANTA, GA and DUBAI, United Arab Emirates, March 13, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (“Americold” or the “Company”), the world’s largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, announced today a strategic investment into RSA Cold Chain in Dubai.
  • At close, Americold’s investment is $3.9 million for the Company’s share (49%) of RSA Cold Chain equity.
  • RSA Cold Chain is an established cold storage operator in Dubai that began operations in 2017 and is a subsidiary of the parent company RSA Global.
  • RSA Cold Chain is led by Abhishek Shah, who brings significant value to Americold as a strategic partner to establish a new presence in this critical global market.

FLEXXRAY EXPANDS WITH FOREIGN MATERIAL QA HOLD RESOLUTION FACILITY IN VINELAND, NEW JERSEY

Retrieved on: 
Wednesday, March 15, 2023
WITH, Partnership, Commerce, Food, FDA, Food safety, QA, Safety, Digital technology, USDA, Rail transport, Warehouse, Americold

ARLINGTON, Texas, March 15, 2023 /PRNewswire/ -- FlexXray announces the opening of a temperature-controlled, USDA and FDA-registered inspection facility specializing in foreign material QA Hold resolution services located at Americold Logistics (2111 Industrial Way, Vineland, NJ 08360). This expansion is in response to the demand for FlexXray's industry-leading services in the Northeast region rapidly increasing among the vital food and beverage production facilities in this area of the country.

Key Points: 
  • New facility featuring next-generation technology expands FlexXray's ability to provide dependable inspection and QA hold resolution services with shorter shipping times and reduced freight charges to the Northeast region.
  • ARLINGTON, Texas, March 15, 2023 /PRNewswire/ -- FlexXray announces the opening of a temperature-controlled, USDA and FDA-registered inspection facility specializing in foreign material QA Hold resolution services located at Americold Logistics (2111 Industrial Way, Vineland, NJ 08360).
  • FLEXXRAY EXPANDS WITH FOREIGN MATERIAL QA HOLD RESOLUTION FACILITY IN VINELAND, NEW JERSEY
    The new facility will provide the fastest, safest and most accurate foreign material inspection and QA hold resolution services to food and product manufacturers across the Northeastern United States.
  • We design every aspect of each new inspection facility with a food safety and customer-first mindset," said FlexXray Vice President, Chris Keith.

Cold Storage Industry Highlights ESG Pillars to Foster Global Footprint - Astra ESG Solutions

Retrieved on: 
Tuesday, February 28, 2023
Well, Food, Carbon, Female, Safety, Protein, University, University of Edinburgh Business School, Food safety, Refrigeration, ESG, Ethics, Corruption, USD, Total Recordable Incident Rate, Organization, Acquisition, Investment, Barloworld, Growth, Total, Culture, Sustainable development, Restaurant, Environment, Traction, SAN, Temperature, GHG, Social responsibility, Process safety management, Occupational Safety and Health Act 1994, VFD, HR, Sustainability, Barloworld Limited, Disclosure, Risk management, Renewable energy, Management, Policy, Americold

Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.

Key Points: 
  • Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.
  • Advancements in cold storage have provided potential opportunities for industry leaders to expand their ESG penetration.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Cold Storage Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    With carbon emissions becoming pronounced across business verticals, state-of-the-art refrigeration control systems have gained ground.
  • These trends suggest the global cold storage market could witness approximately 13.4% CAGR from 2021 to 2030.

Cold Storage Industry Highlights ESG Pillars to Foster Global Footprint - Astra ESG Solutions

Retrieved on: 
Tuesday, February 28, 2023
Well, Food, Carbon, Female, Safety, Protein, University, University of Edinburgh Business School, Food safety, Refrigeration, ESG, Ethics, Corruption, USD, Total Recordable Incident Rate, Organization, Acquisition, Investment, Sustainability, Barloworld, Growth, Total, Culture, Restaurant, Environment, Traction, SAN, Temperature, GHG, Social responsibility, Process safety management, Occupational Safety and Health Act 1994, VFD, HR, Barloworld Limited, Disclosure, Risk management, Renewable energy, Management, Policy, Americold

Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.

Key Points: 
  • Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.
  • Advancements in cold storage have provided potential opportunities for industry leaders to expand their ESG penetration.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Cold Storage Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    With carbon emissions becoming pronounced across business verticals, state-of-the-art refrigeration control systems have gained ground.
  • These trends suggest the global cold storage market could witness approximately 13.4% CAGR from 2021 to 2030.