Top 14 Refrigerated Transport Companies in the World

Transportation and Logistics

Top 14 Refrigerated Transport Companies in the World

The global refrigerated transport market reached US$ 18.7 Billion in 2023. As per the analysis by IMARC Group, the leading companies in the refrigerated transport industry are investing in developing various latest freezing technologies and automated freezing systems embedded in carrier vehicles with enhanced functionalities. They are also integrating vapor compression systems, auxiliary diesel nits, vehicle alternator units, and auxiliary alternator units to improve the maintenance of perishable products while transporting them. Besides this, they are focusing on mergers and acquisitions (M&A) and collaborations to increase their sales and enhance the number of distribution channels. Leading companies are investing in radio frequency identification (RFID) technologies and adopting the software for refrigerated transport and maintaining the quality of goods. Looking forward, the market value is expected to reach US$ 28.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.

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List of Top Companies Operating in the Refrigerated Transport Industry:

The global refrigerated transport market has several major players, C.H. Robinson Worldwide, Inc., Daikin Industries, Ltd.,  FedEx Corporate Services, Inc., Schenker AG, General Mills Inc., Hyundai Motor Company, Ingersoll Rand Inc., Krone Commercial Vehicle Group, LAMBERET SAS, Raytheon Technologies Corporation, Utility Trailer Manufacturing Company, LLC, Schmitz Cargobull AG,   Singamas Container Holdings Limited (Pacific International Lines), and Wabash National Corporation. More information about these companies has been provided below.

1. C.H. Robinson Worldwide, Inc.

Establishment:

1905

Headquarters:

Eden Prairie, Minnesota

Website:

https://www.chrobinson.com/en-us/ 


C.H. Robinson Worldwide, Inc. solves logistics issues for various companies across the globe. Its services accelerate trade to seamlessly deliver products and goods with its multimodal transportation management system and expertise. Its technology is built to bring faster, more meaningful improvements to the businesses of its customers. The company also provides supply chain solutions to retailers, restaurants, growers, and food service companies to meet present-day customer demands.

2. Daikin Industries, Ltd.

Establishment:

1924

Headquarters:

Osaka, Japan 

Website:

https://www.daikin.com/ 


Daikin Industries, Ltd. is one of the top industry leaders in air conditioning (AC) that provides high-quality solutions and products using environment-friendly technologies. The company focuses on meeting all air conditioning needs, including ventilation, humidification, refrigeration, and freezing. It also specializes in pioneering fluorine technology and oil hydraulics. 

3. FedEx Corporate Services, Inc.

Establishment:

1973

Headquarters:

Memphis, United States

Website:

https://www.fedex.com/   


FedEx Corporate Services, Inc. is committed to innovating, practicing inclusion, delivering more sustainable solutions, and improving the businesses of its customers. The company offers integrated business applications through its collaboratively managed operating companies. It also provides comprehensive delivery services, transportation, freight, and logistics services to businesses around the world.

4. Schenker AG

Establishment:

1872

Headquarters:

Essen, Germany

Website:

https://www.dbschenker.com/  


Schenker AG is committed to provide innovative supply chain solutions that challenge the status quo. The company has wide experience in transportation and logistics and supports industry and trade in the global exchange of goods. It strives to keep pace and shape the future with innovation and strength and sustain long-term success. It also focuses on optimizing its processes and expanding its digital footprint and leadership position.

5. General Mills Inc.

Establishment:

1928

Headquarters:

Minnesota, United States

Website:

https://www.generalmills.com/  

  
General Mills Inc. initiated its business from a flour mill and now has a portfolio consisting of more than 100 brands around the world serving high-quality food products to its customers. The company also focuses on supporting thriving farmers and communities while regenerating planetary health. It specializes in eliminating deforestation through responsible sourcing and packaging.

6. Hyundai Motor Company

Establishment:

1967

Headquarters:

Seoul, South Korea

Website:

https://www.hyundai.com/ 


Hyundai Motor Company is one of the biggest automobile manufacturers selling an extensive range of vehicles around the world. The company has gone beyond being an automobile manufacturer to become a mobility solution provider that allows individuals to easily move and connect with one another, spaces, and places. It is also heavily investing in developing various advanced mobility solutions integrated with enhanced technological features. 

7. Ingersoll Rand Inc.

Establishment:

1872

Headquarters:

Davidson, North Carolina

Website:

https://www.irco.com/en-in/  


Ingersoll Rand Inc. is a global market leader with an extensive range of innovative and mission-critical air, fluid, energy, and medical technologies. The company merged with Gardner Denver in 2020 and has built the business together with more than 300 years of combined experience and expertise. It focuses on providing innovative and mission-critical industrial, energy, medical, and specialty vehicle products and services even in the most complex and harsh conditions where downtime is especially costly.

8. Krone Commercial Vehicle Group

Establishment:

1906

Headquarters:

Werlte, Germany

Website:

https://www.krone-trailer.com/en/ 


Krone Commercial Vehicle Group focuses on providing excellent products, qualitative fare prices, and a strong service mentality towards customers. The company offers optimal solutions for all transport work requirements. It also specializes in understanding the professional needs in the transportation sector and therefore pays attention to practical details.

9. LAMBERET SAS

Establishment:

1935

Headquarters:

Saint-Cyr sur Menthon, France

Website:

https://www.lamberet.fr/  


LAMBERET SAS focuses on developing outstanding bodywork design and manufacturing skills along with engineering and design utilizing advanced technology and simulation software. The company has its own production model comprising flow customization, which is the flexibility of craftsmanship combined with the efficiency of industrial production. It also specializes in providing cost-effective and top-quality solutions in financing, leasing, and used vehicles.

10. Raytheon Technologies Corporation

Establishment:

2020

Headquarters:

Arlington, Texas, United States

Website:

https://www.rtx.com/   


Raytheon Technologies Corporation serves customers in commercial aerospace and defense industries by combining complementary technology offerings and world-class engineering teams. The company is working on bending the emissions curve downward and helping the aviation industry meet its goal of net-zero emissions. It also heavily invests in research and development (R&D) activities to bring innovation for solving some of the major challenges faced by its customer businesses.

11. Utility Trailer Manufacturing Company, LLC

Establishment:

1914

Headquarters:

California, United States

Website:

https://www.utilitytrailer.com/  


Utility Trailer Manufacturing Company, LLC is one of the largest producers of regenerated vans in America. The company focuses on providing innovative solutions to customer problems and responding to the changing needs of the market. It also specializes in manufacturing freight vans and flatbeds, which comprise high-quality features and help businesses to improve their profitability.

12. Schmitz Cargobull AG

Establishment:

1892

Headquarters:

Horstmar, Germany

Website:

https://www.cargobull.com/ 


Schmitz Cargobull AGb is a reliable service provider that has closely linked sustainability with its products and processes. The company solves the challenge faced by the logistics industry in bringing increasing transport volumes in line with protecting the climate. It also focuses on maintaining comprehensive transparency in how it deals with the supply chain and compliance issues.

13. Singamas Container Holdings Limited (Pacific International Lines)

Establishment:

1988

Headquarters:

Hong Kong, China

Website:

https://www.singamas.com/


Singamas Container Holding Limited (Pacific International Limited) is a leading manufacturer of containers, operator of container depots, and provider of logistic services. The company comprises a strong and diverse production capacity and offers a comprehensive range of products, including dry freight containers, collapsible flat track containers, open-top containers, tank containers, offshore containers, and other specialized containers. It also diversified its operations by stepping into the global shipping industry and offering high-class logistics services.

14. Wabash National Corporation

Establishment:

1985

Headquarters:

Lafayette, United States

Website:

https://onewabash.com/


Wabash National Corporation specializes in providing advanced engineering solutions in transportation, logistics, and distribution. The company comprises a group of transportation professionals who focus on improving semi-trailers with cutting-edge technology and innovation. It offers comprehensive solutions to solve business challenges in the field of commercial transportation, food and beverage, pharmaceutical, and biotechnology.

About Author:

Aditi Kumar

Senior Content Writer at IMARC Services Private Limited

Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels.

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