Cold Chain Market Report

Special Report

Americold adding Port Saint John warehouse as part of CPKC alliance

By Michael Angell sockagphoto / Shutterstock . com

Americold Realty Trust plans to build a cold-storage warehouse near Port Saint John in New Brunswick , Canada , its first import-export hub under its ongoing partnership with Canadian Pacific Kansas City ( CPKC ) to expand intermodal reefer throughout North America .

Americold said on Jan . 28 that it plans to spend between $ 75 million and $ 80 million on a warehouse that can handle up to 22,000 pallets , approximating 300,000 square feet of space . The company said the warehouse will handle refrigerated cargoes between the DP World container terminal at Port St . John and CPKC .

After the merger that created the first Class I railroad spanning the US , Mexico and Canada , CPKC added 1,000 temperature-controlled intermodal containers and launched an intermodal reefer service between central Mexico and Chicago .

Americold became part of that service in June 2023 , with plans to build a cold-storage warehouse in Kansas City along the CPKC route . Ocean carrier Hapag-Lloyd also entered into an agreement with CPKC for reefer capacity between the US and Mexico ’ s Lazaro Cardenas port . Americold has also signaled interest in building cold-storage capacity in Mexico .

Americold entered a partnership with DP World in November 2022 . The Port St . John warehouse will be Americold ’ s third in Canada , joining other facilities in Halifax and Calgary .

Port Saint John primarily serves trans-Atlantic and North-South services . Those include Hapag-Lloyd ’ s standalone Caribbean Express , Mediterranean Canada , and Atlantic Loop 5 export service . Mediterranean Shipping Co .’ s Canada Gulf service and CMA CGM ’ s Caribbean service also call the port .

email : michael . angell @ spglobal . com .

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44 Journal of Commerce | March 3 , 2025 www . joc . com