b'MARCH 20 - APRIL 16, 2023TEMPERATURE-CONTROLLEDLOGISTICS TRI-ANNUAL 15Top four cold chain drivers in 2023 Americold announces strategic investment in Dubai By Greg Tuthill, CCO of SeaCube Containers company RSA Cold ChainStakeholdersthroughoutWhile todays refrigeratedout the world. The transportEstablishes growth platform in the Middle East thesupplychainunderstandequipmentprovidessuperiorjourney for this temperature- and India 2023willnotbelikeanycoldstorage,armingreefercontrolledfoodcanbelong other yearand this is espe- fleets with telematics technol- and there is the risk of con- AmericoldRealtyTrust,tion in RSA Cold Chain with cially true for the cold chain,ogy allows for greater collabo- tamination and damage everyInc.hasannouncedastra- immediateplanstoexpand bothintermsofchallengesration, increased transparency,step of the way. This elevatestegicinvestmentintoRSAlocally,connectRSAtoits andopportunities.Offeringand real-time data, which pro- theneedforstate-of-the-artColdChaininDubai.Atglobalnetwork,andpursue reliabilityandpredictability,videsaccurateinformationrefrigeratedequipmentthatclose,Americoldsinvest- strategic development oppor-thereefermarketcontinuesontheexactlocationoftheincludes telematics to ensurement is $3.9 million for thetunitiesintheMiddleEast to grow and has proven to becontainer,whichisnecessarythe cargo is handled properlyCompanysshare(49%)ofandsurroundingmarkets. more resilient in the face offorproperplanning.Telemat- throughout the entire journey. RSA Cold Chain equity. RSAColdChainisledby supply chain disruption as theicsalsoprovideinsightintoThereefermarketisThis partnership will pro- AbhishekShah,whobrings movementoftemperature- the temperature, humidity, andexpected to grow on averagevideascalable,investablesignificantvaluetoAmeri-controlled cargo continues toairflowinsidethecontainer,fivepercentyearoveryearoperating platform for marketcold as a strategic partner to be prioritized. which ensures the quality of thethrough2025whilebreak- entryandexpansionintheestablishanewpresencein While a fluid cold chaincargo is protected and waste isbulkcontainersdemandwillMiddle East and India. RSAthis critical global market.is critical to feeding the worldsreduced. drop15percent.Themove- Cold Chain is an establishedAbhishek Shah, RSA Cold population,coldchainfluid- ment of fruits and vegetablescoldstorageoperatorinChainsCo-Founder&CEO, itydoesnotjusthappenF oodo utsourciNg will be the key driver in theDubai that began operationscommented,Weareabso-itreliesoninvestmentAstheworldspopula- temperature-controlledcargoin2017andisasubsidiarylutelythrilledtopartnerwith andinnovation.Oceancar- tioncontinuestogrow,somarketasconsumersexpectof the parent company RSAAmericold,aglobalplayer rierslookingtooptimizedoes the need to move food(DRIVERScontinued onGlobal. Americoldwilltake(INVESTMENTcontinued theirrefrigeratedequipmentsafelyandswiftlythrough- page 18) aminorityownershipposi- on page 20)investment,needastrategic roadmapthataddressesthe ongoingeconomicandgeo-politicalchallenges,food supply shortages, food waste, refrigeratedequipmentcapac-ityallwhileworkingto reach sustainability goals.GregTuthill,CCOof SeaCube Containers, a global leader in intermodal refriger-ated equipment leasing, looks closelyatthetopfourcold chain growth drivers. Food waste mitigation Food supply outsourcing Decarbonization goals TechnologyGreg Tuthill, CCO, SeaCube ContainersF oodW asteM itigatioNNearly 40% of food pro-ducedintheworldislost, with7to15percentspoil-ingduringtransport.Lost containerscontributetothe problem:however,amore significantandpreventable problem is related to the con-tainer temperature or poorly packed containers.Thisisespeciallytrue forfruitsandvegetables, which are especially vulner-able because they are loaded onto containers in corrugated boxes, which offer no protec-tion from spoilage.Foodwastehasbeena persistentissue,anditwill provetobeanevenbigger problemin2023asexperts predict food supply shortages willcontinuetogetworse throughout the year. This ele-vates the need to take action toreducefoodwasteby investingintechnologythat willprotectthefoodduring the transport journey.'