cold storage News Updates

BusinessLogistics

Lineage’s Shares Climb Up to 5% After Biggest IPO Since Arm

Temperature-controlled storage and logistics giant Lineage Inc. shares climbed as much as 5.4% in its debut as a public company after raising about $4.4 billion in the year’s largest IPO.

July 25, 2024
BusinessLogistics

Cold Storage Firm Lineage Seeks Up to $3.85 Billion in IPO

Temperature-controlled storage and logistics giant Lineage Inc. is seeking to raise as much as $3.85 billion in its initial public offering.

July 16, 2024
BusinessTechnologyEquipmentLogistics

Candor Expedite Launches Cold Chain Division

Expedited freight specialist Candor Expedite unveiled a cold chain division in early May, building the launch around a specially designed pallet that can maintain cargo temperatures for days, the company said.

May 21, 2024
GovernmentBusinessLogistics

$73 Million Cold Storage Site Set for Port of Gulfport

A subsidiary of Core X Partners is investing $73 million to establish a Mississippi cold storage site at the Port of Gulfport in a venture to revitalize the Gulf Coast cold supply chain.

April 10, 2024
Business

Agile Cold Storage Chooses Louisiana for $45.9M Facility

Agile Cold Storage is revamping a historic Louisiana brick-making facility with plans to ship 100 containers weekly of food products from its new Pearl River facility.

April 5, 2024
GovernmentBusinessLogistics

Americold, Arkansas Officials Kick Off $90M Expansion

Arkansas Gov. Sarah Huckabee Sanders helped open a $90 million cold storage and distribution facility expansion by Americold to strengthen the state’s food supply chain.

April 4, 2024
GovernmentBusinessLogistics

Virginia, USDA Offer $6.3M in Cold Storage-Related Grants

Virginia has partnered with the U.S. Department of Agriculture to offer $6.3 million in supply chain grants to expand transportation options and increase cold storage and flash-freezing facilities.

March 18, 2024
GovernmentBusinessLogistics

FreezPak Logistics Plans Virginia Facility for Mid-Atlantic

FreezPak Logistics, a full-service cold and dry storage company, will invest $77.5 million to build a facility serving the Mid-Atlantic region.

March 15, 2024
GovernmentBusinessLogistics

Virginia Officials Laud WCS Logistics’ Cold Storage Expansion

Virginia Gov. Glenn Youngkin announced a $27 million cold storage expansion by WCS Logistics along the Interstate 81 trucking corridor in Frederick County.

February 21, 2024
GovernmentBusinessLogistics

Cold Storage Facility to Be Built Near Port of Charleston

South Carolina has captured a $49.9 million deal for a cold storage warehousing and logistics company to set up operations near the Port of Charleston, Gov. Henry McMaster announced.

January 12, 2023