Fresh Del Monte is integrating its cold storage infrastructure with Atlanta-based Stord’s cloud supply chain technology in a new collaboration they say will provide Stord customers who require temperature- or humidity-controlled logistics a “proven, reliable” option.
The partnership furthers Stord’s mission to make supply chains “a competitive advantage,” the company said, bringing its solutions for ambient goods into the cold fulfillment space, which is growing rapidly as e-commerce grocery sales rise. Refrigerated and frozen foods have accounted for 9% and 13%, respectively, of total e-commerce grocery sales since last fall, up from 4% for each category from early 2020, according to a recent report.
“We’re proud to work with Stord to bring our state-of-the-art cold infrastructure to scaling businesses,” said Mohammad Abu-Ghazaleh, Del Monte chairman and CEO. “We have an impressive logistics infrastructure, and it only makes sense to collaborate with a company like Stord as we continue to leverage our assets and grow our distribution network.”
Del Monte was looking for additional ways to grow its distribution network and leverage underutilized assets, including shipping vessels, transportation vehicles, warehouses, and now its cold storage infrastructure. Through the relationship, Del Monte will provide Stord customers access to its large-scale, complex supply chain infrastructure, and 22 “best-in-class” cold storage facilities, the companies said. While Del Monte is known for providing fresh produce, it also has a “powerhouse” logistics network. The company owns Network Shipping, a third-party shipping network that transports goods across the world; and Tricont Trucking and Tricont Logistics, which utilize the company’s ships, ports, and temperature-controlled warehouses located throughout 34 facilities in North America.
Stord insists its cloud-based supply chain technology—now available to brands selling frozen, refrigerated, and chilled products—offers all the physical logistics and digital capabilities brands desire in a “scalable, utility-based model,” helping them piece together disparate and disconnected solutions and services.
“Our customers trust Stord to support their most critical operations,” said Sean Henry, Stord CEO and co-founder. “Whenever we bring a new partner into our network, we make sure that they uphold the highest standards of reliability and quality. Fresh Del Monte is a well-respected leader in the cold storage space, and we have complete confidence that this relationship will be a big win for our customers.”
