As global trade environments change, at Thermo King, a brand of Trane Technologies, we focus on manufacturing within the regions where our products and solutions ultimately reach customers. Remaining competitive means balancing price, market-acceptable lead times and uncompromising quality. Our dual sourcing strategy has proven effective, particularly during uncertain times when trade flows are disrupted or tariffs change suddenly. Building strong partnerships with our suppliers also helped us fortify our supply chain against unpredictability.
We have a dedicated team monitoring commodities and parts, setting clear strategies. When it’s not possible to resource alternative suppliers, we face the reality of paying additional tariffs. In these cases, transparency is essential. We must make sure our customers understand the net impact on the final product. We've communicated a policy of transferring only the net impact of these changes, striving for fair business that doesn’t excessively burden our end-customers.
As a company listed on the US stock exchange, there are details we cannot disclose. Yet, one thing is clear: our supply chain is strong and agile. Every day, we seek new ways to mitigate cost increases from material inflation, transportation and duties.
Looking ahead, Thermo King EMEA sees great opportunities for 2026. Technology is driving growth: electrification of cold chain transport and storage, improved energy efficiency, new sustainable refrigerants and digitalization. We have solutions spanning all cold chain market verticals — air, sea, road, rail and storage — as well as passenger transport for bus and rail HVAC. Focused strategies and thoughtful organizational structuring will be crucial in the short- and medium term.
On the long-term horizon, cold chain is set to grow to reduce food loss and waste from 30% of all harvested or processed food — a major contributor to global CO2e emissions. Here, technology and awareness are not just business opportunities; they’re imperatives for the planet.