Americold opens $100+ million import-export hub in Kansas City

KANSAS CITY, Mo. - Americold Realty Trust (NYSE:COLD), a prominent player in the Industrial REITs sector with a market capitalization of $4.08 billion and an attractive 6.42% dividend yield, on Tuesday celebrated the opening of its new $100+ million import-export hub in Kansas City, Missouri, developed in partnership with Canadian Pacific Kansas City (NYSE:CP). According to InvestingPro analysis, the company is currently trading below its Fair Value, presenting a potential opportunity for investors.

The 335,000-square-foot temperature-controlled facility is Americold’s first on the CPKC rail network and will serve as a key hub for the Mexico Midwest Express, which provides single-line rail service for refrigerated goods between the U.S. and Mexico. This expansion comes as the company maintains a solid revenue base of $2.62 billion in the last twelve months. For detailed insights and 10 additional ProTips about Americold’s performance, visit InvestingPro.

The facility features on-site USDA inspections to eliminate border delays and can handle loads exceeding 50,000 pounds per container. It serves a 300-mile radius and functions as a consolidation point for longer-haul shipments, including those between Canada and Mexico.

"This is more than infrastructure – it’s a fully integrated solution that connects food producers to consumers faster and more efficiently," said George Chappelle, CEO of Americold, according to the company’s press release.

Keith Creel, President and CEO of CPKC, stated that the facility "is the first of many across our unrivaled North American network."

The project is expected to create approximately 190 new jobs in the Kansas City area. Local and state officials, including Kansas City Mayor Quinton Lucas and Missouri Governor Mike Kehoe, expressed support for the development, citing its potential economic benefits.

The Kansas City hub is part of a broader network of import-export facilities Americold is developing through strategic partnerships to support global trade lanes. The project received support from various organizations, including Missouri Partnership, the City of Kansas City, and the Economic Development Corporation of Kansas City.

Americold operates more than 230 facilities across North America, Europe, Asia-Pacific, and South America, with approximately 1.4 billion refrigerated cubic feet of storage capacity. Despite recent stock performance showing a 47% decline over the past year, analysts maintain optimistic projections for the company’s profitability this year. Get access to the comprehensive Pro Research Report and detailed financial analysis through InvestingPro.

In other recent news, Americold Realty Trust reported its second-quarter earnings for 2025, which showed a significant miss on earnings per share (EPS) compared to analyst forecasts. The company reported an EPS of $0.01, falling short of the expected $0.07, marking an 85.71% negative surprise. However, revenue slightly exceeded expectations, reaching $650.7 million against a forecast of $644.88 million. Additionally, Raymond James adjusted its price target for Americold Realty Trust to $22.00 from $25.00, citing near-term occupancy challenges due to weak end-consumer demand. Despite these challenges, Raymond James maintained an Outperform rating, indicating a positive long-term outlook for the company. These developments reflect the mixed performance and outlook for Americold Realty Trust in recent times.

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