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Though numerous industries rely on cold storage assets to safely store products, the U.S. cold chain wasn’t prepared for the massive surge in grocery e-commerce during the coronavirus pandemic. Online grocery sales grew by more than 50% year-over-year, pushing cold chain real estate near capacity across the country. The cold chain in the United States will need at least 100 million square feet of additional space over the next five years. The cold chain also has a cryogenic subsector that primarily serves the pharmaceutical industry. ... Read More

When COVID-19 vaccines started receiving emergency approval at the end of 2020, it seemed a sure bet that vaccines would be readily available to the most vulnerable U.S. citizens by January 2021. Unfortunately, supply chain hiccups ultimately hampered the success of early distribution efforts. As the Biden administration strives to implement better federal oversight to stick to a promise of administering 100 million vaccines in its first 100 days, it is becoming clear that federal and state governments will need significant assistance from the private ... Read More