Thermo King enhances refrigeration connectivity
Thermo King has unveiled its innovative BlueBox Lite telematics device today.
© Cool Logistics Resources Ltd 2023
Cold chain market outlook. Reportlinker.com estimates growth of 12.93% in 2021. Increased demand from the pharmaceutical and processed food sectors have influenced growth. The cold chain market is expected to reach $344.51 billion in 2025. This is at a CAGR of 9.49%.
Important to note that global reefer trade reduced to 0.4% in 2020. Industry experts Drewry expect seaborne reefer traffic to grow at an average rate of 4% after 2021.
Thermo King has unveiled its innovative BlueBox Lite telematics device today.
According to a study conducted by Indeed Flex, the online platform for temporary work, 41% of logistics companies are implementing increased flexibility in working hours in order to ensure sufficient staffing for every shift.
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© Cool Logistics Resources Ltd 2023
