REFRIGERATED ROAD TRANSPORT MARKET ANALYSIS

Leading Companies

Global Refrigerated Road Transport Market: Key Developments

In November 2020, Omega Seiki Mobility Pvt Ltd an end-to-end mobility solutions provider, announced its partnership with Transport Air-Conditioning and Refrigeration (TRANS ACNR), a company specializing in the manufacturing of bus air-conditioning system and drive trains to develop chilled containerized electric vehicles powered by lithium-ion batteries.

In January 2021, Lineage Logistics, a cold-storage warehouse company, said in a news release that it has acquired Cryo-Trans, a refrigerated railcar company, in a deal that provides the merged corporation significant inroads into the food and beverage supply chain.

In January 2021, Daimler India Commercial Vehicles (DICV), the manufacturer of the BharatBenz brand of commercial vehicles, has introduced a specialized reefer (refrigerated) truck to transport (covid-19) vaccinations securely across India.

In January 2021, Tata Motors has unveiled a new line of refrigerated vehicles to help with the nationwide Covid-19 vaccination push. According to the firm, the new vehicles are outfitted with specialized transporting equipment.

Global Refrigerated Road Transport Market: Key Companies Insights

Global Refrigerated Road Transport Market is highly competitive, owing to the increasing launch of new technologies due to ongoing R & D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies, in order to expand their presence on regional as well as global basis.

Key players operating in the Global Refrigerated Road Transport Market are China International Marine Containers Ltd., Daikin Industries, Ltd., Ingersoll-Rand PLC, Hyundai Motor Company, Lamberet SAS, Singamas Container Holdings Limited, Schmitz Cargobull AG, United Technologies Corporation (Carrier Corporation), Utility Trailer Manufacturing Company, and Wabash National Corporation.