Thus the cold Rooms, storage areas and last mile delivery play a very vital role in this cycle. This has opened the doors for many logistic companies to own more of reefer containers and last mile vehicles which are more efficient way of transporting goods. Based on the product type, the market has been segmented […]
Storage DFI Retail Group, a leading pan-Asian retailer launched its new flagship outlet, CS Fresh Gold, at Paragon, Singapore on 26 August 2021. As a part of the SG$40 million mega-move, DFI aims to revamp 48 Cold Storage outlets across Singapore by the end of 2022. Highlighting the heritage of the Cold Storage industry, the […]
Swedish IQF machinery manufacturer OctoFrost has recently released a 3D animation to allow potential customers get a lucid look of the OctoFrost IQF Vegetable Processing Line. According to the marketing coordinator of OctoFrost, the animation lets the potential clients feel the ease of using OctoFrost line, which is a one-stop solution for vegetable processors across […]
Rotterdam-based digital freight forwarding platform Shypple has raised €25.5 Million this year to acquire ocean freight forwarder Milestone. With this accretion, Shypple is said to be the “first digital freight forwarding service” in the Perishable Market. The recent acquisition of the Milestone does not only strengthen Shypple’s foothold in the already lucrative Asian Market but […]
Air conditioning and commercial refrigeration major, Blue Star Limited announced that the Company’s new air cooled chiller test facility and water cooled chiller test facility, have both been certified by AHRI in accordance with their 550/590 and 551/591 standards. These new state-of-the-art chiller testing facilities established at the Company’s R&D centre at Wada, India, have […]
Drewry’s Global Reefer Container Freight Rate Index is a weighted average of rates across the top 15 reefer intensive deep-sea trade routes. It went up 32% over the year to 2Q21 and by the end of 3Q21 these gains are expected to reach as much as 50%. According to hellenicshippingnews.com¸ the key driver of reefer freight […]
CHENNAI, INDIA – In the first half of 2021, Danfoss sales grew to EUR 3.3 billion – a growth of 18% in local currency. Danfoss saw extensive growth in all regions, despite some parts of the world are still affected by the COVID-19 pandemic. The company continued significant investments in innovation (R&D), amounting to 4.7% […]
Novi, MI – Lineage Logistics, LLC, a large, innovative temperature-controlled industrial REIT and logistics solutions provider, announced it has acquired Hanson Logistics (“Hanson”), one of the most respected cold storage organizations in the Midwest. Hanson currently ranks as the twelfth largest temperature-controlled warehousing and logistics provider in North America, according to the International Association of Refrigerated Warehousing […]
Maersk Container Industry (MCI) is proud to announce another significant milestone in their 30-year history as a key supplier to the global maritime shipping and intermodal industries. Maersk Container Industry produces Star Cool unit no. 400,000 Tinglev, Denmark – In July 2021, Star Cool unit number 400,000 was produced, marking a historic landmark since the […]
Cold chain marketplace startup Celcius raises USD 500,000 in seed funding round from Mumbai Angels Network, along with Huddle, Lumis Partners, and investors from Malaysia, Nigeria, and the US The fresh capital will be used to expand the platform’s footprint across India while also enhancing its offerings and making it a one-stop-shop for all cold […]
ColdChainManagement.org 