World's second-largest refrigerated-warehouse operator Americold is resetting its balance sheet after years of mismatched supply and demand. The company swung to profit as cold-storage demand steadied, signaling a potential turnaround after a period of sector-wide adjustment. The shift reflects stabilizing market conditions following years of imbalance between warehouse capacity and perishable goods storage needs.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing