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2/23/2024
Americold Realty Trust yesterday 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 a 335,000-square-foot facility in Kansas City, Missouri, company officials said in a press release.
Americold provides temperature-controlled logistics, real estate and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses.
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, Americold officials said.
"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.
Pending local approvals, Americold plans to begin construction in the first half of 2024.