Americold launches cost-cutting initiative targeting $25M annual savings
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Americold Launches “Fit for Purpose” Initiative, Advancing Strategic Priorities With Targeted Incremental Annual Overhead Savings of More Than $25 Million
May 27, 2026 5:00 PM EDTBuilds on previously announced actions to reduce indirect labor and SG&A by $30 million, and expected project spend by $50 million, year-over-yearReflects the next phase of Americolds focus on operating discipline and cost efficiency, enabled by prior investmentsExpected to further enhance execution and strengthen customer delivery across the global platform
ATLANTA, May 27, 2026 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services, today announced the launch of its Fit for Purpose initiative, a program targeted at driving... More
