Reefer market poised for growth but faces supply chain challenges

The global refrigerated ocean transportation market is forecast to grow steadily at a compound annual growth rate of about 4 percent from 2016 through 2020. Perishable fruits and vegetables, fish and other food products account for most of containerized refrigerated shipments. But other goods, including temperature-controlled chemicals, medicine, pharmaceuticals and floriculture products increasingly are migrating toward ocean freight.
(This article requires registration at the Journal of Commerce. To access, please click on the above link.)

Comments are closed.