Running on Ice

Running on Ice: Americold earnings show the cold chain shake-up

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(Photo: Jim Allen/FreightWaves)

Quarterly earnings season is well underway, and judging from Americold’s earnings, cold chain throughputs and inventory levels continue to fall as uncertainty runs rampant through the economy.

“The ongoing trade rhetoric and changing tariff situation has already had an impact on consumer confidence, causing our customers to adjust their product portfolios and driving inventory levels down,” Americold CEO George Chappelle said on a quarterly call...

https://www.freightwaves.com/news/running-on-ice-americold-earnings-show-the-cold-chain-shake-up

Running on Ice: Air cargo upgrades at JFK include cold storage

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(Photo: Jim Allen/FreightWaves)

John F. Kennedy International Airport has gotten a much-needed glow-up in the cargo area. Recently, the Port Authority of New York and New Jersey unveiled a $270 million consolidated cargo handling center at (JFK) – the first new airfreight facility at the airport in 25 years.

The expansion and update bring operations from four separate cargo zones into one spot. The facility spans 350,000 square feet over 26 acres and replaces two older terminals....

https://www.freightwaves.com/news/running-on-ice-air-cargo-upgrades-at-jfk-include-cold-storage

Running on Ice: UPS makes another play in the health care space

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(Photo: Jim Allen/FreightWaves)

UPS continues its expansion in the health care industry, most recently with plans to acquire Andlauer Healthcare Group, a Canada-based cold chain logistics company. The acquisition was a casual $1.6 billion all-cash transaction. It is part of UPS’ plan to double revenue in health care logistics to $20 billion by 2026. 

In a news release, Kate Gutmann, president of international, health care and supply chain solutions for UPS, said: “Next-generation...

https://www.freightwaves.com/news/running-on-ice-ups-makes-another-play-in-the-health-care-space

Running on Ice: Breaking down the state of cold chain

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(Photo: Jim Allen/FreightWaves)

Artyc, manufacturer of temperature-controlled pharmaceutical and grocery storage devices, has published its inaugural report on the cold chain’s most urgent challenges. “Chain Reaction 2024” looks at what happens when the cold chain fails, as well as market forecasts, the evolution of pharmaceutical demands and fresh food moving farther. 

Among the findings: “40% of food requires refrigeration, 35% of pharmaceuticals require temperature management,...

https://www.freightwaves.com/news/running-on-ice-breaking-down-the-state-of-cold-chain

Running on Ice: la cadena de suministro farmacéutica deja las tarifas, por ahora

Todo descongelado (Foto: Matveev Aleksandr/Shutterstock) En una desviación del formato tradicional del boletín esta semana, estamos analizando mucho los posibles impactos e interrupciones en la industria farmacéutica y de atención médica como resultado del «Día de la Liberación» cuando el presidente anunció qué aranceles recíprocos estaban programados para varios condados y bloqueos de comercio. A […]

Esta entrada Running on Ice: la cadena de suministro farmacéutica deja las tarifas, por ahora...

https://fullavantenews.com/running-on-ice-la-cadena-de-suministro-farmaceutica-deja-las-tarifas-por-ahora/?lang=es

Running on Ice: Pharmaceutical supply chain sidesteps tariffs, for now

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(Photo: Matveev Aleksandr/Shutterstock)

In a deviation from the traditional format of the newsletter this week, we’re taking a bigger look at the possible impacts and disruptions to the pharmaceutical and health care industry as a result of “Liberation Day” when the president announced what reciprocal tariffs were slated for various counties and trading blocs.

Countries that weren’t included on the list were awarded an across-the-board 10% tariff on anything imported to the U.S....

https://www.freightwaves.com/news/running-on-ice-pharmaceutical-supply-chain-sidesteps-tariffs-for-now

Running on Ice: Mr. Cold Chain goes to Washington

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(Photo: Jim Allen/FreightWaves)

The cold chain is headed to Washington, not quite in the same manner as Mr. Smith, but in the form of bipartisan legislation. The Fortifying Refrigeration Infrastructure and Developing Global Exports (Fridge) Act was introduced in the House of Representatives and the Senate. This act would add authority to the Trade Title of the Farm Bill to focus on strengthening the global food supply chain for frozen and refrigerated products. The act would add...

https://www.freightwaves.com/news/running-on-ice-mr-cold-chain-goes-to-washington

Running on Ice: Pharmaceutical supply chain headed for $5.3B valuation

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(Photo: Jim Allen/FreightWaves)

The global pharmaceutical industry is expected to reach a valuation of $5.3 billion by 2032. The current valuation is $2.6 billion, as of 2024. This includes everything from raw materials and active ingredients to finished products and medical devices from manufacturers to distributors, wholesalers, pharmacies and health care facilities.

IAG cargo, the cargo division of International Airlines Group, recently reported a 22% increase in tonnage in...

https://www.freightwaves.com/news/running-on-ice-pharmaceutical-supply-chain-headed-for-5-3b-valuation

Correr en hielo: la cadena fría obtiene una adquisición, un almacén y nuevos sorbets

Todo descongelado (Foto: Jim Allen/Freightwaves) El linaje vuelve a hacerlo, esta vez con la adquisición de Bellingham Cold Storage, un proveedor controlado por temperatura en el noroeste del Pacífico. No se revelaron los términos del acuerdo, pero se espera que la venta se cierre en junio. Esta...

https://fullavantenews.com/correr-en-hielo-la-cadena-fria-obtiene-una-adquisicion-un-almacen-y-nuevos-sorbets/?lang=es

Running on Ice: The cold chain gets an acquisition, a warehouse and new sorbets

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(Photo: Jim Allen/FreightWaves)

Lineage is at it again, this time with the acquisition of Bellingham Cold Storage, a temperature-controlled provider in the Pacific Northwest. Terms of the deal were not disclosed, but the sale is expected to close in June.

This acquisition isn’t as straightforward, as the proposal still has to be presented to the Port of Bellingham.That’s because Bellingham Cold Storage signed a 50-year lease extension at its location on the Bellingham Waterfront...

https://www.freightwaves.com/news/running-on-ice-the-cold-chain-gets-an-acquisition-a-warehouse-and-new-sorbets

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