Core Insights - Americold Realty Trust has announced a strategic partnership with On the Run, marking its entry into the convenience store distribution sector [1][6] - The partnership aims to leverage Americold's expertise in managing fast-turning inventory to support OTR's supply chain, showcasing the company's adaptability and commitment to growth [2][6] - Despite positive developments, Americold's stock has experienced fluctuations, currently priced at $12.13, reflecting a decrease of 1.94% [4][6] Company Overview - Americold Realty Trust is a leader in temperature-controlled logistics, with a market capitalization of approximately $3.45 billion [5] - The company has experience managing inventory for over 1,500 Quick Service Restaurant locations across Asia-Pacific, which is now being applied to the convenience retail market [2] Stock Performance - Americold's stock has fluctuated between a low of $12.09 and a high of $12.32 during the trading day, with a current price of $12.13 [4] - Over the past year, the stock has reached a high of $23.52 and a low of $10.10, indicating volatility in its performance [5]
Americold Realty Trust Partners with On the Run to Enter Convenience Store Distribution