Americold to Build a Cold Storage Facility in Port Saint John, Canada Leveraging Strategic Partnerships with DP World and CPKC
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Americold Realty Trust (NYSE: COLD) plans to build its first Import-Export Hub in Canada at Port Saint John, New Brunswick, in partnership with DP World and CPKC. This strategic move aims to enhance its temperature-controlled logistics capabilities.
January 28, 2025 | 12:15 pm
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Americold Realty Trust is expanding its operations by building a new cold storage facility in Canada, enhancing its logistics capabilities through partnerships with DP World and CPKC.
The announcement of a new facility in Canada represents a significant expansion for Americold, likely to enhance its service offerings and market reach. The strategic partnerships with DP World and CPKC further strengthen its logistics network, potentially leading to positive investor sentiment and a short-term stock price increase.
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