The US food industry is facing a 10 percent shortfall in cold storage capacity at a time when refrigerated warehouse space is already tight and companies are struggling to shake off the after effects of the global COVID-19 pandemic.
That's according to William Duggan, North America advisor at New Jersey-based Eskesen Advisory, a consulting firm that serves the refrigerated transportation sector.
The limited warehouse space is expected to continue despite significant new builds underway, Duggan told IntraFish.
