The Cold Storage Market Is Poised for Significant Growth

An accomplished business executive with over two decades of experience, Chris Jamroz serves as CEO of STG Holdings, which oversees North America's largest network of independent container freight station facilities. In addition to his work at STG, Chris Jamroz serves on the board of directors for Emergent Cold, a leading company in the temperature-controlled storage industry. 

According to a 2017 report by Grand View Research, Inc., the global cold storage market is expected to reach $212.5 billion by 2025. This represents an unprecedented 12.4 percent compound annual growth rate over an eight-year forecast period. In 2016, the global cold storage market was valued at just under $74 billion. 

The Grand View Research report cites increasing market demand for refrigerated storage as one of the driving forces behind the growth in the industry. The increased market demand correlates with increasing trade of perishable products and growing organized retail sectors in emerging economies such as China and India. 

Industry leaders looking to expand in emerging markets in the coming years will be challenged by a lack of infrastructure and reliable power supply. However, government initiatives to develop infrastructure coupled with improvements in warehouse management and refrigerated transportation will help support market growth during the forecast period.

Third-Party Logistics Industry Moves Toward Turnkey Solutions

The leader STG Holdings, LLC, Chris Jamroz provides warehousing solutions through a coordinated network of container freight stations spanning the United States. Chris Jamroz’ firm is a major independent player in the third-party logistics (3PL) sphere, which is undergoing consolidation after years of fragmentation and relative neglect.

A recent Logistics Management article brought focus to an industry that is increasingly emphasizing supply chain visibility, with comprehensive, integrated services a core feature. With companies such as Amazon leading business-to-consumer inroads in e-commerce, distribution and 3PL companies that can offer a flexible range of services on short notice have the best chance of thriving.

Customers are placing particular emphasis on proper timing such that their goods are shipped to the correct location within the expected time frame. Having a single contact point helps simplify complex logistics matters and ensures accountability when issues arise.

Having effectively combined the capacities of AZ Corporation and St. George Logistics, STG Holdings is well positioned as a provider of seamless solutions that benefit from high levels of automation and customer responsiveness.