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DEVELOPING MARKETS * UK - Offer greatest cold chain logistics opportunities
Report, Global Cold Chain Logistics 2008/9, concludes that the greatest opportunities for the sector lie in developing markets such as China , India and Vietnam
Brinkworth,Wiltshire,UK -Transport Intelligence -21 Oct 2008: -- Ti’s latest report published today by Transport Intelligence (Ti) in association with the Global Cold Chain Association (GCCA), developing markets such as China, India and Vietnam represent the greatest opportunities for cold chain logistics... The report, Global Cold Chain Logistics 2008/9, has found that supply chains in these countries are extremely under developed, particularly those for refrigerated foodstuffs. Research identified that as much as 40% of the dairy produce, fruit and vegetables produced in India is lost or spoilt because of poor storage, handling or transportation. Similarly the lack of cold storage in the Vietnamese seafood industry is hampering the development of the sector... In spite of annual double digit increases in its public refrigerated warehouse (PRW) space, China , with the world’s fastest growing economy and the largest number of consumers, suffers from a poor cold chain infrastructure. According to one of the report’s authors, Ti analyst Raphael Chalogany , most of its cold storage facilities are vastly out of date... “Cold storage capacity in China only covers between 20% and 25% of total output, compared to 70% to 80% in more developed countries”, says Chalogany...
Labels: freight markets
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