In 1797, British Fisherman used natural ice to preserve their freshly caught stock of fish. In 1851, mechanical refrigeration was introduced and 1870 saw the movement of frozen food for the first time. Well, that was more or less the beginning of cold chain logistics and to date it has been a demanding segment and visionary professionals do not cease to make innovations and advancements in this ever-evolving industry. Shipping of high-value, temperature-sensitive products are not like a regular transportation task; the procedure requires addressing of various concerns and considerations at realtime.
The global cold chain market is growing phenomenally at average of 15.5% every year, with Asia experiencing the most growth. More development is prophesied by economy pundits in terms of revenue and volume. These supply chains are gradually becoming more specialized in shipping their goods to global markets. It’s not just the demand of products that is driving the growth of these shippers, but the extended effort they make and how quickly they adapt to the evolving trends to ensuring freshness and quality.
So, let’s talk about the top 5 trends that cold chain logistics need to adapt in order to thrive, let alone compete and survive.
- Improved Regulations – Globalization of cold chain has surely led to the tightening of regulations. For years, logistic mandates were followed poorly by manufacturers, which often led to faulty documentation and spoiled products. Adherence to stringent policies is turning out to be a key solution for all temperature-controlled transportation issues.
- Packaging is evolving – Packaging plays a crucial role when a parcel has to move from one place to another, while having to spend a considerable amount of time outside general conditions. The packaging industry has made major breakthroughs in designing packaging equipment with distinct needs to ensure cost-effective packaging.
- Energy-saving technology is more preferred – The annual storage capacity of refrigerated products is increasing with every fiscal year. Food (and other time-sensitive products) is travelling around the world and its total annual expense is breaking new records every year. To promote the market and encourage it further, companies are focusing on innovative and energy-saving technology that offers maximum product with the minimal use of resources.
- Serializing – The practice has been adapted to fight the battle against counterfeit drugs. The process aims at identifying effective coding methods, which provides the ability to track and record an item’s movement throughout the distribution cycle.
- Deployment of TSA-approved couriers – TSA or Transportation Security Administration is a body that audits and approves logistic providers in terms of security, technology, risk-involvement, quality of equipments, and various other factors. Companies approved by TSA are starting to be more trusted and reliable.
We have come to a new age of cold chain logistics where issues of the yesteryear are not a reality anymore. Transportation is more sophisticated and transparent in nature, thereby ensuring customers that they can trust new-age service provider without having the fear that their product quality will be compromised. The introduction of these and many more trends are making cold chain transportation a boon for people.