At its core, the cold chain industry is strong. Better yet, the challenges transportation providers have faced during the past few years are thawing out, and there’s an undeniable optimism in the air. Spending on refrigerated equipment, cold chain-related software and technology, and services are picking up, and this year is off to a stronger start.
News & Analysis
04 Mar 2015
The build-out of cold storage capacity is on fire around the world. From 2012 through 2014, total global capacity grew 20 percent to 552 million cubic meters, an increase of 92 million cubic meters in just two years, according to the 2014 IARW Global Cold Storage Capacity Report.
04 Mar 2015
Drug giants AstraZeneca and Baxter are shifting more cold chain shipments from air to ocean, attracted by lower transportation costs, a reduced carbon footprint and mitigated security concerns, according to Outsourcing-Pharma.com.
03 Mar 2015
Intermodal rail carrier Tiger Cool Express recently added 35 temperature-controlled intermodal containers to its fleet.
03 Mar 2015
With the air cargo industry under increasing competition from ocean carriers for certain cargoes, especially perishables, more sophisticated software and technology tools are helping drive the migration from ocean to air.
02 Mar 2015
U.S. exports of agricultural goods have outpaced imports since 1960, generating a surplus in the nation’s farm trade and helping to “counter the persistent deficit in nonagricultural U.S. merchandise trade,” according to the U.S. Department of Agriculture’s Foreign Agricultural Service. Much of the trade in this sector relies on an integrated global cold chain.
01 Mar 2015
Growth in the global reefer market this year will likely outpace the lukewarm performance of the past few years, according to industry analysts.
24 Dec 2014
Fresh food is fast becoming the next e-commerce frontier in China, and the country-wide demand is driving the expansion of cold chain logistics in the mainland that has been a weak point for years.
10 Nov 2014
Gati Ltd., India’s leading express distribution and supply chain solutions company, reported its group net profit in the fiscal second quarter totaled about $2 million, a more than two-fold increase from the same period in 2013.
08 Nov 2014
European retail services company Musgrave Retail Partners expands refrigerated transportation services by acquiring Irish firm Allied Logistics.