The International Association of Refrigerated Warehouses (IARW) has released its annual Global Top 25 List of the largest temperature-controlled warehousing and logistics providers in the world. Accompanying the Global Top 25 is the IARW North American Top 25 List. The lists are determined by total capacity of temperature-controlled space.
Companies worldwide reported increased capacity and several new companies joined IARW in the past year. As a result, the combined space of IARW total membership is significantly higher. IARW members currently own or operate 4.96bn cubic feet (140.50) m cubic meters) – a 4.88% increase from May 2015 when the lists were last published.
The Global Top 25 currently operates 3.86bn cubic feet (109.57 m cubic meters) – an 8.13% increase from 2015, while the North American Top 25 operates 3.03bn cubic feet (86.01 million cubic meters) – an 8.15% increase from 2015. The European Top 10 operates 568.72m cubic feet (16.1m cubic meters).
“The increase in capacity reflects continued consolidation and growth of the global cold chain industry,” said IARW President & CEO Corey Rosenbusch. “As our members expand into non-traditional sectors such as fresh and customized supply chain services, capacity will steadily increase.”