Americold

Business, Logistics, Top 50

Americold Posts Q2 Gains in Earnings, Revenue

Americold sign An Americold facility in Mableton, Ga. The company paid out a $4.3 million appreciation bonus to frontline workers in the second quarter. (Chris Rank/Bloomberg News)

Americold Realty Trust reported improved net income and revenue for the second quarter.

Connor D. Wolf | Staff Reporter
August 7, 2020
Business, Technology

Americold Sees Surge in Q1 Profits, Revenue

Americold An Americold warehouse via Americold Realty Trust

Refrigerated warehouse operator Americold Realty Trust saw revenue and profits jump in the first quarter as its storage and distribution network played a key role in supplying a surge in grocery demand in response to the coronavirus pandemic.

Jerry Hirsch | Contributing Writer
May 8, 2020
Business, Logistics, Top 50

Americold’s Net Income Climbs 10.6% in Q3

Americold An Americold facility. (Americold)

Americold Realty Trust, a global real estate company focused on temperature-controlled warehouses, said it grew its net income by 10.6% to $27.1 million in the quarter ended Sept. 30, over income of $24.5 million in the same quarter last year.

Jim Stinson | Staff Reporter
November 7, 2019
Business, Logistics

Americold Reports Lower Net Income, Higher Revenue

Americold truck driving on highway Americold's second-quarter revenue increased to nearly $438.5 million, compared with just below $394.7 million in 2018, an 11% year-over-year increase.(Americold)

Americold Realty Trust, one of the world’s largest logistics companies focusing on temperature-controlled warehouse facilities, on Aug. 8 reported second-quarter net income dropped to nearly $4.9 million from $29.4 million in 2018, an 83.3% decrease.

Dan Ronan | Associate News Editor
August 9, 2019
Business, Logistics, Top 50

Americold Reports Revenue Rises 0.5% to $393.1 Million in 1Q

Americold signage Americold

Americold Realty Trust, one of the world’s largest companies focused on temperature-controlled warehouses, on May 7 reported revenue rose in the first quarter ending March 31.

Jim Stinson | Staff Reporter
May 9, 2019
Business, Logistics, Top 50

Americold Agrees to Acquire Cloverleaf Cold Storage

Americold signage Americold

Americold Logistics has agreed to buy Cloverleaf Cold Storage for $1.24 billion, a move that ramps up a trend toward consolidation in the refrigerated warehousing sector.

Daniel P. Bearth | Staff Writer
April 16, 2019
Business, Logistics, Top 50

Americold Completes First Year as Public Company With Solid Financial Results

Americold facility in Mableton, Ga. An Americold facility in Mableton, Ga. (Chris Rank/Bloomberg News)

Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.

Daniel P. Bearth | Senior Staff Writer
February 21, 2019
Business, Logistics

Americold Acquires PortFresh Warehouse, Plans Port of Savannah Expansion

An Americold cold-storage warehouse An Americold cold-storage warehouse. The $35 million acquisition of PortFresh will increase Americold's footprint at the Port of Savannah in Georgia. (Americold)

Cold storage warehouse operator Americold acquired PortFresh Holdings in Savannah, Ga., and said it will build a 15 million-square-foot cold storage facility on an adjacent site as part of a move to increase the firm’s share of the market for food imports and exports at the Port of Savannah.

Daniel P. Bearth | Senior Staff Writer
February 7, 2019
Business, Top 50

Americold Posts 3Q Profit

Americold Chris Rank/Bloomberg News

Global warehouse operator Americold reported net income of $24.5 million, or 17 cents a share, in the third quarter, compared with a net loss of $11.9 million, or 17 cents a share, in the same period a year ago. Revenue increased 3.2% to $402 million in 2018 from $389.5 million in 2017.

Daniel P. Bearth | Staff Writer
November 9, 2018
Business, Logistics, Top 50

Americold Logistics Reports Improved Results in Second Quarter

Americold warehouse Americold

Americold Logistics reported improved financial results for the second quarter with revenue from its temperature-controlled warehousing operations growing 2.8% and profit margins expanding by 150 basis points, or 1.5%, compared with the same period a year ago.

Daniel P. Bearth | Staff Writer
August 9, 2018

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