HIT introduces remote reefer monitoring

Hongkong International Terminals (HIT), part of the CK Hutchison conglomerate, has launched a 24-hour automated remote reefer container monitoring and management system with the aim of capturing the growing business opportunities in the cold chain logistics market.

Market research website, MarketandMarkets.com estimates the global cold chain market size was valued at US$233.8 billion in 2020 and is projected to reach US$340.3 billion by 2025, as demand for reefers is expected to grow.

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