London: A more ‘stable’ economic environment is expected to drive deal activity in the UK logistics and supply chain management sector, according to BDO’s UK M & A Update – Q2 2024. The report notes that for the second quarter in a row, the number of deals has fallen. Nearly two-fifths of deals were cross-border, …
Belfast, Ireland: Manfreight is to open its 50,000sq ft cold store in Belfast Harbour, the first purpose-built cold store warehouse constructed in Northern Ireland in more 25 years. The £14m development was supported by funding from HSBC UK. The warehouse meets Breeam Excellence Standards and will be powered by rooftop solar panels. Planning approval was …
Antwerp, Belgium: Lineage has bought Luik Natie, a cold storage warehousing and transport provider in the Port of Antwerp-Bruges, Belgium. The 61,000sq meter port side operation includes freezer and cooler space and space for containers. The terminal is some 80% energy independent, generating most of its own energy from wind, solar and battery. “The strategic …
London: Constellation Cold Logistics is to buy Agri-Norcold, Constellation’s first entry into the Danish market. Agri-Norcold, has served the Danish cold storage industry since 1964 with 10 sites near major food production hubs, import/export points, and cities. Agri-Norcold has 865,756m3 of frozen storage, (266,000 pallet spaces) in addition to freezing and packing infrastructure. Since 2012, …
Telford, UK: The countdown begins for the definitive cold chain industry conference. Get ready for Cold Chain Live! on 4-5 September at the Telford International Centre. This year’s event promises to be bigger and better with an expanded exhibition and networking areas designed to connect attendees with industry leaders and cutting-edge solutions, the organiser, the …
Atlanta, Georgia, US: Americold reports total revenue of $661m in its second quarter results. This is a 1.7% change from $649.6m reported in in Q2 2023. George Chappelle, chief executive, said: “it’s been another great quarter for organic growth at Americold as we produced double digit year-over-year growth in Global Warehouse Same Store NOI, Same …
GXO Logistics, which reported a 19% jump in second quarter revenue, says that contracts are getting longer. The company generated $2.8bn in the second financial quarter. During this period GXO signed about $270m of new business wins. Chief executive Malcolm Wilson said: “We’re seeing contract duration increase, as customers look to outsource to a trusted …
Brecon, Wales, UK: Beacon Foods has added two 26 ton refrigerated reefers to handle growing UK deliveries. Eardisley supplied the The MAN TGS chassis which have dual and single temperature Gray & Adams bodies. “These new additions to our temperature-controlled fleet… will ensure that we maintain our product delivery service to customers in all parts …
Castle Donington, UK: Moran Logistics has competed a 10-day trial of Sunswap’s Endurance, electric fridges. The10-day trial of the battery and solar-powered technology put the system routes for Moran’s contract with Arla Foods and demonstrated Sunswap Endurance’s performance in transporting goods at 2°C. Data shows that Endurance was capable of operating solely on solar energy …
Dublin, Ohio, USA: FST Logistics has bought Dancer Logistics based in Delphos, Ohio. The acquisition brings together two Ohio-based companies with a shared vision of delivering excellent service and partnerships to their customers, FST Logistics said. The two companies together will have greater reach and as well as diversifying FST Logistics. Matt Hartman, chief executive, …
Bradford, UK: Quentin Villard has become general manager of Keep it Cool. He joined the company in 2021 and steered the company through the turbulent Covid years. Keep it Cool celebrates its 10-year anniversary this September and reports turnover up from £200k to £2.25min the last 12 months. “Quentin’s experience, skills and work ethic have …
Reading, UK: The Cold Chain Federation and the British Frozen Food Federation have joined The Move to -15°C campaign. The move follows Morrisons supermarket also declaring support by cutting some of its shop freezer cabinets to -15. Recent studies show that temperature increases do not compromise food safety or quality, but changing the standard would …
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