Dynamism – this is the word that best describes the category of cold storage operators and their respective markets, which is why, for this articles, we have decided to include some of the most stand-out moves that have taken place in the past few months, in the cold storage and logistics field.
Focusing on Europe, we find that companies on the continent rank among the 10 largest logistics providers, according to the International Association of Refrigerated Warehouses (IARW), which has released its annual Global Top 25 List of the largest temperature-controlled warehousing and logistics providers in the world. For the first time, IARW has compiled a list of the largest operators in Latin America, the Caribbean and Europe, reflecting the strength of the cold chain in both regions. The lists are determined by total capacity of temperature-controlled space.
“Our industry is continuing to grow to serve the needs of the food industry, particularly in countries outside North America and Europe,” said IARW President & CEO Corey Rosenbusch. “Members are continuing to expand in developed markets, but are also focusing on emerging and developing markets where cold chain services are most needed.”
The Global Top 25 currently operates 3.58bn cubic feet (101.34m cubic meters) – a 6.45% increase from 2014. The North American Top 25 operates 2.81bn cubic feet (79.54 million cubic meters) – a 3.96% increase from 2014. The European Top 25 operates 585.00m cubic feet (16.57m cubic meters.