The cold chain logistics sector, which was valued at estimated $248B when the pandemic began, is poised to double its size by the end of this decade, with industry analysts are projecting the value will exceed $410B by 2028.

Temperature-sensitive commodities including frozen food, farm-fresh produce, seafood and pharmaceutical products flow through this refrigerated network, which surged during the pandemic as people stuffed their freezers as they stayed home.

Telematics, a blend of telecommunications and informatics that involves the transmission of data over long distances, now has become essential to the expansion of cold chain logistics as the technology is deployed to monitor and manage the transportation of perishable goods, according to a report in Food Logistics.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.