Latest news with #refrigeration
Yahoo
6 hours ago
- Business
- Yahoo
Is Wall Street Bullish or Bearish on Carrier Global Stock?
With a market cap of $56.2 billion, Carrier Global Corporation (CARR) is a leading global provider of innovative heating, ventilation, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies. Headquartered in Florida, the company offers a broad portfolio of products, services, and digital solutions designed to enhance energy efficiency, safety, and sustainability in residential, commercial, and industrial applications worldwide. Shares of the company have struggled to keep up with the broader market over the past 52 weeks, rising 2.4%, while the broader S&P 500 Index ($SPX) has rallied 20.1%. Additionally, shares of Carrier Global are down 3.3% on a YTD basis, compared to the SPX's 8.6% rise. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Focusing more closely, Carrier Global has also underperformed the Industrial Select Sector SPDR Fund's (XLI) 21.4% return over the past 52 weeks and 14.5% rise in 2025. On Jul. 29, Carrier Global posted its Q2 2025 earnings, and its shares tumbled 10.6%. It delivered $6.11 billion in net sales, reflecting a 3% increase year-over-year and 6% organic growth. Its adjusted EPS rose 26% to $0.92, and adjusted operating margin climbed 130 basis points to 19.1%. The company generated $649 million in operating cash flow and $568 million in free cash flow, For the fiscal year ending in December 2025, analysts expect CARR's EPS to grow nearly 18.4% year-over-year to $3.03. The company's earnings surprise history is promising. It topped the consensus estimates in the last four quarters. Among the 23 analysts covering the stock, the consensus rating is a 'Moderate Buy.' That's based on 13 'Strong Buy' ratings, one 'Moderate Buy,' and nine 'Holds.' This configuration is more bearish than a month ago, with 14 'Strong Buy' ratings on the stock. On Aug. 8, Morgan Stanley (MS) analyst Chris Snyder maintained an 'Equal-Weight' rating on Carrier Global but lowered the price target from $78 to $75. The mean price target of $84.19 implies a premium of 27.5% from CARR's current price levels. Also, the Street-high target of $100 indicates a potential upside of 51.4% from the prevailing market prices. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
CTV News
4 days ago
- Business
- CTV News
Sask. Trucking Association calling on province to axe road tax on refrigeration units
WATCH: As Jacob Carr tells us, the Sask. Trucking Association is calling on the government to axe the provincial road tax on refrigeration units.
The Verge
02-08-2025
- Automotive
- The Verge
BougeRV's portable solar fridge is quietly annoying
Keeping humans alive at home in post-agrarian societies requires refrigeration. Meat bags on the move must either load up a cooler with ice for a soggy weekend barbecue or do the evolved thing and use a 12V fridge instead. The $509.99 battery-powered BougeRV CRD2 40 refrigerator and freezer combo I've been testing for the last few weeks runs for almost 12 hours on its itty-bitty battery. It charges from a wall outlet or a 12V socket found in cars and portable power stations. It even accepts 100W of direct solar input to stay charged in sunny climates. And if this 40-liter (43-quart) model is too small, it's also available in larger 49-liter and 58-liter capacities. BougeRV gets the basics right, but with lots of little annoyances along the way. 6 Verge Score The CRD2 40 is what you choose when rugged portability is a must. It can easily find a home inside boat, RV, or the trunk or backseat of a car and features lots of tie-down points to keep the 28.7 x 18.14 x 17.24in (730 x 461 x 438mm) fridge from becoming a 41.9lb (19kg) projectile. And once you arrive, it can be moved about with help from its spring-loaded side handles, telescoping arm, and chunky wheels. Importantly, the two cooling compartments — one large (32.5 liters) and one small (7.2 liters) — are covered by a pair of doors that can be reversed for easy opening from either side. This adaptability is fantastic for vanlifers or anyone else with limited space for such a large appliance. And because it doesn't try to do too much — unlike EcoFlow and Bluetti's 3-in-1 ice-making fridges — BougeRV's combo unit maximizes available capacity for food and beverages. Even the smaller CRD2 40 fits a lot; enough for me and my wife to stay away from the grid comfortably for about a week when using the large compartment as a fridge and the small space as a freezer. I did all my testing at FDA-recommended temperatures of -18 degrees Celsius (0 degrees Fahrenheit) for the freezer and 4C (39F) for the fridge. Cooldown from room temperature of 22C (72F) to 4C took 17 minutes for the small compartment, or 37 minutes for the large. It took 79 minutes to bring the small space down to -18C and 101 minutes for the large side. That's pretty slow, but the CRD2 40 is also reasonably quiet. At its loudest, I measured 38dB during cooldown making it about as loud as a small home theater projector. That's far below the 45dB BougeRV quotes on the spec sheet (perhaps the larger CRD2 models are noisier?) and quieter than other combo fridges in this space. While there was the occasional audible whoosh of liquid, it otherwise didn't emit any odd gurgles or scratching sounds I've heard from other portable fridges. The compressor turns on and off every 10 minutes or so with a slight rattle and then runs for 10 minutes to maintain the temperature. The fully charged 173Wh battery lasted 11.5 hours when running in the most economical modes, so long as the compartments were cooled down to -18C/4C ahead of time. That runtime dropped to just six hours when the battery had to start at room temperature. That's not particularly efficient, and likely has to do with BougeRV skimping on insulation. For my insulation test, I brought the large compartment down to -18C and shut off the power. After one hour, it already read -4C, 0C after an hour and a half, and 10C at three hours in a room reading 22C. I never opened the lid. That's not very good compared to other portable fridges and suggests that this fridge will have to work hard in warmer climates to keep your food safe. Temperature readings on the BougeRV display and app were consistent with my reference thermometer in the smaller compartment. However, my thermometer read -14C, not the -18C reported by BougeRV, when placed at the bottom of the large compartment. This likely has to do with BougeRV's sensor placement and the poor air circulation that's typical of this class of fridges. So, BougeRV gets all the important things right, but I was disappointed by the company's inattention to detail and general lack of care. For starters, the simplistic Bluetooth app labels the two compartments 'L' and 'R' (left and right?) instead of 'L' and 'S' for large and small, like you see printed on the fridge. It also lacks precision when reporting the battery percentage, showing five of five bars, for example, when the LED display on the battery itself only shows two of four LEDs, or about 50 percent charged. And get this: the instruction booklet warns that 'due to different production batches, you may receive a battery with or without a Type-C connector.' WHAT?! My review unit arrived with a battery fitted with a little barrel, not the preferred USB-C jack. That means it can only be charged inside the fridge itself since I didn't receive a compatible charger in the box. Oh, and the logo on the battery is upside-down which makes insertion confusing. Come on. Annoyingly, solar charging requires a 5521 barrel connector, not the more common XT60 jack. I didn't have the correct 100W solar panel to test with the fridge, but BougeRV will happily sell you a bundle that includes a compatible panel for $663.99. More worrisome is the peculiar behavior I observed when the battery was almost fully discharged. In the last hour or so before the battery died, the temperature of the freezer dipped way below the -18C temperature I had set. It read -22C on the physical display, but my own thermometer dropped all the way down to -29C. At first, I thought it might be another case of a bad sensor like the one that plagued some older EcoFlow fridges. But plugging the fridge back in caused the temperature to quickly retreat to -18C, and I haven't seen any issues since. Weird. BougeRV didn't have an explanation ready in time for this review. The fridge is covered by a two-year warranty. Sleeping near the BougeRV fridge — as vanlifers and drunken fishermen are apt to do — is also a mixed bag. On one hand, it's reasonably quiet. However, it will beep a few times if it loses Bluetooth connection. This has already woken me up twice despite my phone being nearby the fridge. The display is also very bright in a dark room and there's no way to dim it or turn it off. Even with all my gripes, BougeRV's $509.99 CRD2 40 with battery bundle makes for a fine travel companion, especially in the highly portable 40-liter (43-quart) size I reviewed. However, I'd avoid the battery-less model priced at $349.99 because you can easily find a more compact and less expensive combo fridge that can be permanently plugged into a 12V power source at a fixed location. You buy the CRD2 40 because you're looking for adventure, and maybe just a taste of self-flagellation. Photography by Thomas Ricker / The Verge Posts from this author will be added to your daily email digest and your homepage feed. See All by Thomas Ricker Posts from this topic will be added to your daily email digest and your homepage feed. See All Accessory Reviews Posts from this topic will be added to your daily email digest and your homepage feed. 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National Post
16-07-2025
- Automotive
- National Post
Cargobull Reefer Units Now Feature High-Efficiency Microchannel Condenser
Article content CITY OF INDUSTRY, Calif. — Utility Trailer and Cargobull North America are proud to announce the latest upgrade to the ultra-low emission transport refrigeration units (TRUs) – a newly designed TRU with microchannel condenser and radiator and is now available on all new units. Article content The advanced microchannel condenser and radiator are set to significantly enhance efficiency, increase output, and elevate the overall performance of the 625 and 655MT Hybrid Transport Refrigeration Units (TRU). These units already comply with the stringent 2030 emissions standards and will now feature the microchannel condenser as a standard component. Article content Article content Thanks to its compact and lightweight design, the condenser integrates more easily into the TRUs, improving airflow and system layout and simplifying maintenance. By reducing the refrigerant charge by three pounds (1.3kg), the microchannel condenser supports sustainability while also cutting both upfront and replacement costs. Article content Despite its smaller size, it delivers superior heat transfer performance, boosting the already impressive cooling capacity. Combined with Cargobull's variable-speed engine control, the system ensures consistent and optimal thermal performance. Article content 'The microchannel condenser boosts thermal efficiency, ensuring our 3000R refrigerated trailers maintain peak cooling performance even in high ambient temperatures,' said Steve Bennett, President & COO for Utility Trailer. 'Its ability to perform reliably in extreme conditions is essential for continuous refrigeration.' Article content The Cargobull 625 and 655MT transport refrigeration units (TRUs) are both certified by the California Air Resources Board (CARB) as ULETRU (Ultra-Low-Emission TRU) Evergreen models. These advanced units come standard with integrated hybrid shore power and are exclusively available on Utility Trailer 3000R refrigerated trailers. As a new added option, the Cargobull 620 Hybrid (Single-Temp) TRU delivers strong energy efficiency but does not fully meet ULETRU certification criteria. However, embedded shore power can be added as an optional feature. Article content As Utility Trailer and Cargobull North America continue to expand and enhance their product offerings, the companies stand apart as refrigerated transport leaders through substantial performance benefits, environmental impacts, and significant cost-savings. Article content ABOUT UTILITY TRAILER MANUFACTURING COMPANY, LLC Article content Utility Trailer Manufacturing Company is America's oldest privately owned, family-operated trailer manufacturer. Founded in 1914, the company designs and manufactures dry freight vans, flatbeds, refrigerated vans, and aerodynamic technologies. Utility currently operates six trailer manufacturing facilities across North America. Utility's 3000R ® and the 3000R ® multi-temp refrigerated trailers are manufactured at the Atkins, Virginia, Clearfield, Utah and Piedras Negras, Mexico plants. The 4000D-X Composite ® series dry vans are manufactured at the Glade Spring, Virginia and Paragould, Arkansas plants. The 4000A E ®, 4000S ®, and 4000A E ® Drop Deck flatbeds are all manufactured at the Enterprise, Alabama facility. Utility is also the exclusive distributor of Cargobull North America TRU products, accessories and telematics. Cargobull TRUs are available options only on the 3000R. Utility has an extensive dealer network with over 130 locations throughout the United States, Canada, Mexico and South America. Visit: for more information. Article content Cargobull North America LLC (CBNA) is a joint venture between Utility Trailer Manufacturing Company LLC and Schmitz Cargobull. CBNA offers advanced transport refrigeration units (TRUs) and telematics solutions to the North American market. Designed by Schmitz Cargobull and exclusively distributed by Utility Trailer, these products aim to enhance sustainability, fuel efficiency, and emission reduction. CBNA currently provides two ultra-low emission TRU hybrid models, the 625 Hybrid for mono-temp and the 655MT Hybrid for multi-temp operations, as well as the high-efficiency 620 Hybrid for mono-temp. The UTILITY TrailerConnect telematics systems are integrated with Utility's 3000R refrigerated trailers with Cargobull TRU and compatible with other models. CBNA has an extensive dealer network that includes over 130 Utility dealers and more than 700 Aurora Parts dealers across North America Article content Article content Article content Article content Contacts Article content
National Post
10-07-2025
- Business
- National Post
Copeland Releases First Global Impact Report Showcasing Sustainability Leadership and Purpose-Driven Innovation
Article content ST. LOUIS — Copeland, a global provider of sustainable heating, cooling and refrigeration solutions, is proud to release its inaugural Global Impact Report, highlighting the company's commitment to environmental sustainability, social progress and operational excellence. Following its transition to a standalone company in May 2023, this report offers a comprehensive overview of Copeland's initiatives to improve its global impact while delivering innovative solutions to its customers. Article content Copeland's steadfast commitment to sustainability, operational excellence and global responsibility is driven by the three core pillars of its Mission: Purpose, Performance and People. Through innovative approaches and a culture rooted in accountability and community impact, the company is helping address some of the world's most pressing climate and societal challenges. Article content This report highlights Copeland's measurable progress and groundbreaking initiatives in advancing the energy transition, promoting the widespread adoption of low-GWP and natural refrigerants, and ensuring the efficient delivery of essential food and pharmaceutical products through a sustainable cold chain. Article content Ross B. Shuster, CEO of Copeland, said, 'Our inaugural Global Impact Report represents an important moment in Copeland's history as a newly independent company with over 100 years of legacy. Sustainability is embedded across our vision, mission and values as we aim to contribute to helping solve global challenges including decarbonization, energy efficiency and resource waste. This report demonstrates how our technologies, innovations and our more than 18,000 colleagues around the world are working together to create sustainable solutions that improve lives and protect the planet, today and for future generations.' Key Highlights of Copeland's Global Impact Report: Article content A Vision for a Sustainable World: Learn how Copeland's vision for a sustainable world includes advancing solutions that enable the adoption of climate-friendly refrigerants, significantly reduce carbon emissions and protect perishable goods such as food and medicine across the regions it serves. These efforts align with the company's mission to support the transition to a low-carbon economy, while improving essential services in commercial, industrial, refrigeration and residential markets worldwide. Environmental and Operational Excellence: Demonstrating its commitment to environmental and operational excellence, Copeland actively applies robust business systems, governance and ethical frameworks to achieve measurable results. The company has set ambitious goals to achieve a 55% absolute reduction in Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by 2033. These targets reflect a steadfast pursuit of environmental responsibility and industry leadership. People, Safety and Culture: Gain insight into Copeland's culture of ownership, dedication to well-being and inclusion and the roll-out of programs that foster community impact and colleague engagement. Article content Copeland extends its gratitude to its colleagues, customers and stakeholders for their contributions toward making these achievements possible. 'Through the collective efforts of our global team and our ongoing collaboration with partners and communities, we're driving meaningful impact while delivering value to our customers and investors,' added Shuster. Article content The full Global Impact Report is available for download on Copeland's website. Article content About Copeland Article content Copeland is a global leader in sustainable heating, cooling, cold chain and industrial solutions. We help commercial, industrial, refrigeration and residential customers reduce their carbon emissions and improve energy efficiency. We address issues like climate change, growing populations, electricity demands and complex global supply chains with innovations that advance the energy transition, accelerate the adoption of climate friendly low GWP (Global Warming Potential) and natural refrigerants, and safeguard the world's most critical goods through an efficient and sustainable cold chain. We have over 18,000 employees, with feet on the ground in more than 40 countries – a global presence that makes it possible to serve customers wherever they are in the world and meet challenges with scale and speed. Our industry-leading brands and diversified portfolio deliver innovation and technology proven in over 200 million installations worldwide. Together, we create sustainable solutions that improve lives and protect the planet today and for future generations. For more information, visit Article content Article content Article content Article content
