Americold Realty Trust, a global leader in temperature-controlled logistics, real estate and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses announced plans to develop its first facility through a strategic collaboration with Canadian Pacific Kansas City to co-locate Americold warehouse facilities on the CPKC network.
Americold is investing $127 million in the 335,000-square-foot facility in Kansas City, Missouri. The company plans to create nearly 190 new jobs in the region.
“We are excited to kick off our strategic collaboration with CPKC through our new Kansas City cold storage facility, expanding Americold’s presence in an important U.S. transportation hub,” said George Chappelle, CEO at Americold. “Combining our cold storage capabilities with CPKC’s extensive rail network enables Americold to deliver a differentiated offering to support more customers across North America. We look forward to further collaboration with CPKC to provide world-class service to more customers and strengthen the food supply chain.”
The new facility will support CPKC’s MMX service, North America's only single-line rail service offering for refrigerated shippers between U.S. Midwest markets and Mexico. It will also enable more seamless and efficient service for MMX customers. By combining CPKC’s fleet of TempPro temperature-protected intermodal containers with Americold’s cold storage logistics expertise, both companies will be able to help customers bypass significant truck congestion at the U.S.-Mexico border and reduce transit times, transport costs and food waste.
“Americold’s Kansas City facility marks the first of many new Americold warehouse facilities we intend to see built on the CPKC network as part of our strategic collaboration,” said Keith Creel, CPKC president and CEO. “Our unmatched Mexico Midwest Express (MMX) premium intermodal service will enable Americold customers to transport goods between the U.S. and Mexico more efficiently and effectively than ever before. We look forward to continuing to grow with Americold as we support the cold storage ecosystem.”
Pending local approvals, the company plans to begin construction this spring.
About Americold Realty Trust, Inc.
Americold is a global leader in temperature-controlled logistics real estate and value-added services. Focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, Americold owns and/or operates 243 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors, and retailers to consumers.
