According to the 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, finds that supply chains in those countries are extremely under developed, particularly in respect of 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 that sector. The report also finds that third party logistics providers (3PLs) involved in the cold supply chain industry are enjoying real development opportunities as increasing numbers of companies outsource their activities in that sector. The report concludes that the need to reduce costs, increasing globalization and environmental and public health issues will shape the cold supply chains of the future, leading to the further integration of top operators for the benefit of their global clients.
