Managing the Cold Chain
New product releases and improved equipment offer shippers greater control while conserving costs.
Analysts for IBISWorld expect similar results. In its recent industry report entitled “Long-Distance Refrigerated Trucking,” the research firm stated: “In the five years to 2017, the industry is expected to benefit from the recovering economy, with higher volumes of temperature-sensitive goods needing to be transported. Traded goods, demand from fruit and vegetable wholesaling and demand from meat, beef and poultry processing are forecast to increase. During this time, IBISWorld projects that industry revenue will increase, however growth will likely be hampered by competition and regulations. The Federal Motor Carrier Safety Administration’s (FMCSA) hours-of-service driver requirements will increase on-duty non-driving time and will slightly cut into industry productivity. Competition from rail transportation and recent infrastructure improvements in that industry will put pressure on industry operators in the next five years.”
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