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Report shows cold storage gaining favor with investors for traditional warehouses

However, challenges stemming from the specialized nature of the sector will continue to restrain additional growth in transaction volume.
December 11, 2019
Investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing cap rates for class A facilities closer to those of traditional high-quality warehouses, according to a new report from CBRE, Los Angeles.
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Retail imports surged in November ahead of December tariffs

Nonetheless, the trade war is one of the factors impacting forward-looking models.
December 11, 2019
Volume at major container ports bumped up significantly in November, as retailers imported merchandise ahead of new tariffs set to take effect this month, according to the Global Port Tracker report released by the National Retail Federation, Washington, D.C., and Hackett Associates, Alexandria, Va.
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Nestlé to sell U.S. ice cream business to Froneri

Nestlé will continue to manage its remaining ice cream businesses in Canada, Latin America and Asia as part of its current market structure.
December 11, 2019
Nestlé S.A., Switzerland, reached an agreement to sell its U.S. ice cream business to Froneri for $4 billion.
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Study: Industry lags consumer demand for CBD products

Consumer awareness of and interest in using CBD products shows no signs of slowing down.
December 11, 2019
Many retailers and manufacturers are still playing catch-up to that demand, putting in play billions of dollars in sales, according “2019 CBD Market Survey,” a study produced by A.T. Kearney, Chicago.
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Transmetrics receives €1.67M EU grant to develop AI-driven logistics optimization software

During this project, Transmetrics will develop its next-generation predictive optimization software for mid-size cargo transport companies.
December 11, 2019
Transmetrics, Bulgaria, receive a €1.67 million grant by the European Commission in the European Innovation Council Accelerator program to support the development of Transmetrics' artificial intelligence (AI)-driven logistics optimization software.
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Aramark announces new 2025 sustainability plan

Aramark’s people priority is to facilitate access to opportunities that will improve the well-being of its employees, consumers, communities and people in the supply chain.
December 10, 2019
Aramark, Philadelphia, announced a new 2025 sustainability plan, Be Well. Do Well., focused on positively impacting people and the planet.
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