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has gained about 1.5 million cubic feet of frozemn and refrigerated space by buying Caribbeanj Cold Storage for anundisclosede amount. The acquisition of the company, whicuh has been renamed PenserCold, also bringds the following services: cross-docking, on-sitwe United States Department of Agriculture export and import services andfreighr forwarding. “Our customers have many complexities within their supplyy chains including multiple temperature said PenserSC CEOShawn Barnett.
“PenserCold dovetailse with our corporate integrated supply chain strategy and complementxs our other linesof business” He said PenserCold won’t compete with large providers of refrigerated warehousing, such as , but smalk and medium-sized food distributors will get the attentiob they need. PenserSC expectzs to complete the acquisition of another warehouse company with morethan 1.7 million-square-feety of space, giving it nearly 3 million square feet of warehouse spacer in Florida. Barnett said the company is also working to develolpa 52-door, 50,000-square-foot cross dock facility abouty 1.5 miles from the port. The facility is expectee to be open byNovember 2010.
• Rail PenserSC can load and unloarfrom , and rail lines. • Port The company offers drayage, which is the hauling of shippinh containers between modes of transportatiomn or totheir destinations. It can also handlee trapped freight, which is when goods from various ordera are grouped together forone shipment. Manufacturing support. PenserSC can transport raw materiala through various steps of themanufacturing processes. Transportation. The company has capabilities for regional, less-than-truckload, dedicated and multi temperature-controlle transportation through its fleett of about30 tractor-trailers. • Flexible warehousing services.
PenserSC’s 1 million square feet of warehouse space atits Jacksonville, Miamu and Orlando facilities is electronically integrated with its four otherr major services.
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