Latest news with #VerticalCold
Yahoo
22-04-2025
- Business
- Yahoo
Seasoned Industry Executive Jim Henderson Joins Vertical Cold Storage as Chief Commercial Officer
Henderson brings nearly three decades of logistics experience to the company KANSAS CITY, Mo., April 22, 2025--(BUSINESS WIRE)--Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, announces the addition of Jim Henderson to its executive team as Chief Commercial Officer. He reports to West Hutchison, President and CEO of Vertical Cold Storage. "Jim's background of successfully managing integrated commercial teams in the extended logistics industry is exactly what our current and potential customers need to address their biggest opportunities and challenges. His extensive experience in international supply chain management and business development makes him an invaluable addition to the Vertical Cold team," said Hutchison. Henderson has over 15 years of temperature-controlled supply chain experience that began with serving as Vice President of Sales and Marketing at New Orleans Cold Storage. Prior to NOCS, Jim held leadership roles at Consolidated Grain and Barge, International Shipholding Corporation and Tropical Shipping. Throughout his career, Jim has played a key role in expanding global business segments focusing on ports, drayage, ocean freight, and international trade. He holds a master's degree in International Business from the University of South Carolina, as well as a bachelor's degree with a double major in Economics and Spanish from Wofford College. "Vertical Cold has substantial momentum in the temperature-sensitive logistics sector and I'm thrilled to play a role in its continued growth. The company's commitment to solving the most complex issues facing our customers aligns perfectly with my passion for fostering strong customer relationships and creating innovative supply chain solutions. Vertical Cold has built an outstanding team. I'm already in tune with the executive group, so great things are on the horizon," said Henderson. About Vertical Cold Storage Vertical Cold Storage is an industry leader in delivering reliable, flexible, and cost-effective cold storage and logistics solutions for the food and beverage industry. We are committed to giving our customers the competitive edge they need to consistently thrive in the complex and ever-evolving business environment of perishables. We offer temperature-controlled cold storage warehousing and distribution solutions in the cities and surrounding areas of Savannah, Kansas City, Chicago, Dallas, Indianapolis, Charlotte, Miami, and more. Our services are backed by a goal-oriented team of industry veterans and cutting-edge technology with a singular focus on quality results and excellent customer service. Vertical Cold is focused on acquiring and integrating existing and developing greenfield cold storage facilities and providing a consistent customer experience across our entire platform. More information is available at About Platform Ventures Platform Ventures, LLC (or the "Firm") is an independent, entrepreneurial private investment firm that invests through closed and open-end opportunistic real estate funds with scalable investment strategies. The Firm's operator-oriented investment platform is vertically integrated across logistics, housing, and real estate credit through subsidiaries that include Platform Investments, LLC, a wholly owned SEC registered investment advisor. The Firm invests selectively across the capital structure in direct acquisitions, joint ventures, recapitalizations, and reorganizations. Platform Investments, LLC, manages over $3.3 billion of assets1 on behalf of institutional, family office and high net worth investors. Visit for more information. 1) As of December 31, 2024. This includes assets managed by our affiliates who are not registered investment advisers, and this amount does not represent Regulatory Assets Under Management as defined by the SEC. SEC registration does not imply a certain level of skill or training. View source version on Contacts Media Susan HrabikVertical Cold
Yahoo
02-04-2025
- Business
- Yahoo
Vertical Cold Storage acquires Detroit operator Arctic Logistics
Vertical Cold Storage announced the acquisition of Canton, Michigan-based Arctic Logistics on Wednesday, making it the sixth-largest cold storage company in North America. The acquired location adds 140,000 square feet, 19 dock doors and more than 20,000 pallet positions to Vertical Cold's network. The site is U.S. Department of Agriculture inspection-certified and provides storage temperatures ranging from negative 20 degrees to 40 degrees Fahrenheit. The deal marks Vertical Cold's fifth facility acquisition in the past year. Financial terms of the transaction were not disclosed. 'This acquisition strengthens our ability to support customers engaged in cross-border trade and adds a critical location to our growing national footprint,' said Jim Henderson, chief commercial officer of Vertical Cold, in a news release. 'With evolving complexities in U.S.-Canada trade, we're committed to being a reliable cold chain partner for producers and buyers on both sides of the border.' Kansas City, Missouri-based Vertical Cold specializes in the handling and distribution of frozen commodities across a network of 12 locations in major markets like Chicago, Dallas, Indianapolis, Miami and Charlotte, North Carolina. Its services include blast freezing, case picking, import-export and storage, among others. Backed by Platform Ventures, the company focuses on the acquisition and buildout of temperature-controlled facilities. 'In Vertical Cold we have found the perfect partners to bring our business to the next level for the benefit of our customers and our team. All of us are looking forward to a quick and easy transition, and then to sustained growth,' said John Connor, president of Arctic Logistics. More FreightWaves articles by Todd Maiden: Lineage finalizes acquisition of Bellingham Cold Storage March supply chain data craters following inventory pull-forward Yellow's new bankruptcy plan revealed, next steps still uncertain The post Vertical Cold Storage acquires Detroit operator Arctic Logistics appeared first on FreightWaves.
