China struggles to keep up with cold chain demand
In recent months, general airfreight in China has shown lackluster growth and suffered yield pressure. However, there is at least one segment of cargo traffic that is making air cargo operators in China salivate – cold chain services – and the logistics sector is scrambling to keep up with the momentum.
In 2013, investors poured more than US$16 billion into cold chain assets in China, and one estimate projects a need for 30 million tonnes of additional coldstorage capacity in the next five years.
Source: Air Cargo World