b'MARCH 20 - APRIL 16, 2023TEMPERATURE-CONTROLLEDLOGISTICS TRI-ANNUAL 21(DEMANDcontinuedRLS is also expanding itsCreek Logistics, a provider ofinces, including properties inmile radius.from page 12) Newfield-N.J.cold-storagelast mile drop-ship order ful- Toronto, Calgary, Vancouver,Earlier in 2022, Proven-Partners, a cold-chain inves- warehouselocation,aproj- fillment for temperature-con- Edmonton, and Montreal.der acquired two Class A cold tor, and operator, but there isect expected to be completetrolled goods. Lineages D2CProvender Partners acquiredstoragewarehousestotaling virtually no available freezerby the end of this year. WeFulfillment solution executesaone-million-square-footcold316,000 square feet in Lon-space. havealwaysbeentightonover2.5millionshipmentsstorage portfolio of propertiesdonderry,NewHampshire. Judgingfromtheactiv- capacity, says John Gaudet,annually. over the last three years withTheacquisitionrepresented ity in the marketplace, majorthe companys vice presidentLineagehasbeenonanassets in Oakland, Las Vegas,aprimeopportunity,said temperature-controlled logis- ofbusinessdevelopment.acquisitionstearsince2021,BerkeleyandBolingbrook,Long,totapintothefood tics(TCL)players,suchasThisexpansionallowsuswhen it acquired Sun ValleyIllinois,andBirmingham,supplychainthatserves87 RLS, Provender, and Lineagetoincreaseinventorystor- ColdStorageofSwedes- Alabama. We increased themillionpeoplefromWash-Logistics,areattemptingtoageandourcapabilitiesinboro, N.J., and Kloosterboer,portfolios occupancy rate toington,D.C.,toMontreal make up for the shortfall bye-commercefulfillmentandaRotterdam-basedcompany100%byleasingtheassetsand Boston to Pittsburgh, all addingmillionsofsquareLTLcrossdockinginthethatoperatesfreshfacilitiestohigh-qualitycompanies,located within a single days feet of frozen and other tem- Philadelphia area. there and in New York. Lin- said Johnson. Tenants includetruck drive.perature-controlledstorageOnline growth has beeneageisexpandingtheSunlocal and regional wholesaleThe Orange County, Calif.-space to their portfolios. Butnoticeable in the perishablesValleyfacilitywithanaddi- foodlogisticscompanies,basedcompanyacquiredtwo whether they will succeed inmarketgenerallyandfortional5,000palletscomingfoodserviceproviders,andmillionsquarefeetoffood-expandingrapidlyenoughfrozenfoodsinparticular,online this year. Lineage alsofrozen food packagers.relatedindustrialbuild-to satisfy demand is anotheraccording to the AFFL report.recently opened a new refrig- In August 2022, Proven- ingsin2021,includinga matter. Consumers do not shy awayeratedstoragefacilityattheder acquired a 217,540-square- 255,000-square-footbuilding Last October, the Glass- frombuyingfrozenfoodsPort of Savannah. In Augustfoot temperature-controlled foodin Delanco, N.J., which serves boro, N.J.-based RLS Logis- online, the report said. The2021, Lineage acquired Hansonproductionanddistributionas the refrigerated and frozen ticsopenedacoldstorageshare of dollars coming fromLogisticscold-storagedistri- facility, with around 140,000fooddistributionfacilityfor warehouse in Sturbridge, Mas- onlineoutletshasgrownbution network, which includessquare feet devoted to freezernationale-commercefood sachusetts, an 83,000 square-foot,from 0.9% in 2019 to 2.9%over 46 million cubic feet ofandcoolerspace,inVine- company Misfits Market.18,000-pallet facility for frozenin 2022. temperature-controlledware- land, NJ, from Safeway FreshFor all of these develop-andrefrigeratedfoods.TheLineageLogistics,thehouse space in Michigan andFoods, leasing it back to thements,theRLSreportwas facility will service the statelargest temperature-controlledIndiana. agricultureandfoodmanu- skepticaloverwhetherTCL fromSpringfieldtoBostonindustrialreal-estateinvest- Lineage has been expand- facturing company. Safewaysproviders will be able to sat-and will provide public coldment trust, last year expandedinginCanadaaswell,withfreshfooddivisionSunny- isfygrowingdemand.As storagewarehousecapacityits Direct-to-Consumer (D2C)theacquisitionayearagoside Farms provides fresh andlongasinflationremains relief,accordingtoBryanfulfillmentsolution,whichofVersaColdLogisticsSer- prepared foods to retailers inhigh,weanticipateelevated Hedge,presidentofRLSincludestheacquisitionofvices, one of Canadas leadingMid-Atlantic states.inventories,itsreportread. Complete, an RLS joint ven- PerishableShippingSolu- cold-chain solution providers.Thefacility,saidJohnThedemandforcoldstor-ture.Thefacilitysmobiletions, a temperature-controlledHeadquarteredinVaughan,Long, Jr., Provenders COO,age continues to increase and rackingsystemallowsthepick-and-packorderfulfill- Ontario,VersaColdruns24is well positioned to provideisexpectedtocontinuefor warehousetohold40%tomentservice.Thatacquisi- temperature-controlledfacili- same or next day delivery foryears,butnewcapacityis 45%morepalletpositionstion followed the companystiescomprising114millionretailers serving a populationanticipated to fall well short than standard facilities.2021acquisitionofCrystalcubicfeetacrossnineprov- of57millionwithina250of the market demand.Door-to-door. CSX is excited to introduce CSX Greenway - a streamlined, door-to-door service for fresh produce, frozen foods Refrigerated. and other refrigerated goods along the I-95 corridor. It combines the reliability of trucking with the economic Seamlessly orchestrated. advantages, capacity and sustainability of rail.Its your simplified solution.Visit www.csx.com/greenwayCSXT-001494_AJOT_March_2023-GreenwayJuniorSpread_RsG2.indd 1 3/8/23 9:38 AM'