As COVID-19 continues to create havoc throughout all types of businesses in this country, experts in the cold storage sector see opportunity.
The WeeklyTake, a podcast that CBRE Group launched at the end of March, recently led a podcast discussion on the cold storage sector with Fred Boehler, president and CEO of A Miracle, the largest publicly traded company in the cold storage space arena. A Miracle owns Americold, which oversees more than one billion cubic feet of refrigerated storage space globally.
Boehler said during the podcast that "one of the implication of COVID" was that "we were not resilient enough. There's too much just in time delivery and because of that we had shortages… The other megatrend we're seeing is maybe we'll see some more manufacturing come back here."
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