ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Link Logistics and Carrier Collaborate to Drive Value Through Energy Efficiency

Carrier’s Abound solutions and EcoEnergy Insights enable Link Logistics to enhance the value of its facilities and minimize its carbon footprint by scaling AI and IoT solutions and services across its portfolio

Link Logistics (“Link”), a leading national last-mile logistics real estate company designed to meet the needs of the modern supply chain, and Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today announced a collaboration to deliver energy management and analytics across Link’s enterprise portfolio. The collaboration will unlock value by enhancing energy efficiency for Link’s assets and more than 11,000 customers.

EcoEnergy Insights, a part of Carrier and leading provider of Artificial Intelligence (AI) and Internet of Things (IoT)-enabled solutions and services, will help Link Logistics scale revenue-grade utility metering and monitoring hardware across its nearly 550 million square-foot portfolio. As a result, Link’s customers will be able to more actively manage their energy consumption to reduce costs and minimize their carbon footprints.

“This partnership is representative of our relentless focus on enhancing the value of our properties through our forward-thinking approach to sustainability,” said Luke J. Petherbridge, chief executive officer, Link Logistics. “Our customers prefer energy-efficient buildings, which aligns with our dedication to minimizing our environmental impact on our path to achieving carbon neutral operations by 2025.”

“Link is one of the first industrial real estate players to harness the power of utility data insights at scale to generate impactful results,” said Sam Stockdale, senior vice president, head of Sustainability, Link Logistics. “By joining forces with Carrier and EcoEnergy Insights, we gain access to industry-leading tools that help us break down barriers to energy data, deliver cost savings to our customers and meet our ambitious climate objectives.”

EcoEnergy Insights has pioneered using technology to manage energy use and operational performance across multiple sites and meet customers’ Environmental, Social & Governance (ESG) goals such as improving energy efficiency, enhancing occupant comfort, reducing maintenance costs and enhancing product safety. EcoEnergy Insights will provide Link Logistics with its CORTIX™ AI and IoT platform and access to its BluEdge™ Command Centers, where teams of skilled analysts, data scientists and domain experts deliver 24/7 remote commissioning, monitoring and diagnostics to help drive energy efficiency and sustainability. The CORTIX platform is part of Carrier’s Abound suite of solutions, focused on real-time IAQ, thermal comfort and energy usage.

“By using technology and advanced analytics, EcoEnergy Insights can drive a step change in energy efficiency and sustainability in the logistics and transportation industry,” said Ajay Agrawal, senior vice president, Global Services, Healthy Buildings & chief strategy officer, Carrier. “We are looking forward to working with Link to deliver their climate and cost savings objectives. This collaboration is fully aligned with Carrier’s ambitious ESG goal to reduce its customers’ carbon footprint by more than 1 gigaton by 2030.”

To learn more about Link Logistics’ sustainability program and commitments, visit the company’s Sustainability webpage.

About Link Logistics

Link Logistics is a leading national last-mile logistics real estate company designed to meet the needs of the modern supply chain. The Company, established in 2019 by Blackstone, operates the largest portfolio of logistics real estate assets located exclusively in the U.S. As of December 31, 2022, Link owns, has interests in, or has under development logistics facilities across key distribution markets in the U.S. that will represent a total of 545 million square feet when completed and serves more than 11,000 customers. Link has the scale, geographic footprint and logistics expertise, as well as a heightened focus on sustainability, to power the supply chain of tomorrow. For more information regarding the Company, please visit www.linklogistics.com.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.