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Lineage Logistics, (“Lineage” or the “Company”), has signed a definitive agreement to acquire Ontario Refrigerated Services, Inc. (“ORS”), a leading family-operated cold storage company offering temperature-controlled space in the Greater Toronto market, marking Lineage’s entrance into the Canadian market. Financial terms of the transaction were not disclosed.
The global cold storage market is anticipated to reach $212.54 billion by 2025, growing at a CAGR of 12.4%, according to a new report by Grand View Research, Inc., San Francisco.
In 2016, Western Gateway Storage carried their commitment into the 21st century by becoming what is said to be the first end user to install Evapcold low-charge ammonia packaged refrigeration systems from Evapco, Inc.
The sessions will deliver cold storage solutions for businesses of every size looking to grow their company and product line by expanding into this market.
Viking Cold Solutions, Houston, Texas, launched Solar Energy Storage, a bundling of the company’s cold thermal energy storage system with rooftop solar photovoltaic (PV).
CAS DataLoggers, Chesterland, Ohio, introduced new UHF RFID cold chain solutions, manufactured by CAEN RFID, an Italy-based producer of temperature monitoring products for use in shipping and storage.
Smart Fog, Inc., Reno, Nev., introduced the ES100 Direct Space Humidifier, a complete humidity and food safety solution for all conveyors, cold storage facilities and pre-cooling and ripening rooms.
International Refrigerated Transportation Association (IRTA) directors voted for Gary Kelly, senior director of transportation & distribution at Schwan's Logistics LLC, as IRTA's 2008-09 "Executive of the Year."