Cold Chain

Cold Chain Update: Meat production lags despite food-service uptick

While the COVID-19 threat continues to linger, the ongoing pandemic hasn’t stopped producers and shippers from thinking ahead – many are optimistic that business will slowly heat up in the summer months. In early June, cold chain suppliers appear to be on the road to recovery as capacity is growing and restaurants begin to reopen. 

“The feedback from major food manufacturers is that it’s not going to be a tsunami of recovery but a gradual rebuilding of new product sales,” said Steve Taylor, AIT...

https://s29755.pcdn.co/news/cold-chain-update-meat-production-lags-despite-food-service-uptick

Cold storage remains hot; Americold reiterates guidance

warehouse floor

On its earnings call with analysts and investors, food supply chain warehouse operator Americold Realty Trust (NYSE: COLD) said it isn’t seeing much scarcity throughout the cold food chain.

Asked about potential protein shortages, management said they have “a lot of full warehouses of chicken” and that some of the reports of impending meat shortages have been a little overdone.

The Atlanta-based real estate investment trust (REIT) reported that 15% of its warehouse revenue is tied to poultry, 7%...

https://s29755.pcdn.co/news/cold-storage-remains-hot-americold-reiterates-guidance

Maersk Looking for Digital Freight Forwarders for Cold Chain Investments in Latin America

According to a LoadStar report, Maersk Line appears to be continuing its process of vertical consolidation, admitting it is on the hunt for forwarding acquisitions in Latin America.

Looking at Brazil

Lars Nielsen, Maersk Line chief executive for Latin America & the Caribbean, told delegates at last week’s TOC Americas Container Supply Chain event in Cartagena: “We haven’t so far invested in any Latin American start-ups, but we have been looking at Brazil, where there are some digital-first...

http://mfame.guru/maersk-looking-for-digital-freight-forwarders-for-cold-chain-investments-in-latin-america/

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