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Builds 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 Americold’s 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 efficiency and streamlining its overhead structure to deliver greater value for customers and enhance long-term shareholder value creation. The Company expects to realize more than $25 million in incremental run-rate savings by the end of the first quarter of 2027 when the program is anticipated to be fully implemented.