China cold chain logistics sector experienced significant growth in 2024, driven by a rising demand for transport vehicles and increased activity in air and rail transport. Market insiders attribute this growth to the nation’s expanding consumption vitality.
According to the Cold Chain Logistics of China Federation of Logistics & Purchasing, China’s demand for cold chain logistics reached 365 million tons in 2024, marking a year-on-year increase of 4.3 percent. Sales of new energy refrigerated vehicles surged to 21,368 units, representing a remarkable 350.8 percent increase compared to the previous year.
This growth has greatly benefited refrigerated vehicle dealers. A representative from Beijing Xinyuancheng New Energy Vehicle Technology Co noted that his company's sales of new energy refrigerated vehicles saw an approximate 25 percent year-on-year increase in 2024.
Wang Xin, a representative from Hongyu Special Vehicle in Suizhou, Hubei Province, stated that the company's sales of refrigerated vehicles were strong in 2024. This success is closely linked to the increased demand for cold chain logistics for fresh foods and supportive policies that encourage the replacement of old transport vehicles.
"Cold chain logistics removes the barriers of time and distance, facilitating the distribution of fresh products both domestically and internationally. Additionally, the gradual resurgence of consumer spending will create significant growth potential," said Zhang Yi, CEO of the iiMedia Research Institute, in an interview with the Global Times on Monday.
In the railway sector, China Railway Special Cargo Logistics Co (CRSCL) reported a substantial increase in cold chain cargo volume in 2024. The cargo of thermal insulation goods saw a rise of over 30 percent year-on-year, according to the company's statement to the Global Times on Monday.
CRSCL has implemented advanced equipment and established new international intermodal routes for importing fresh food, linking Chinese inland cities like Beijing and Urumqi in Xinjiang Uygur Autonomous Region to Vietnam, Europe, and Central Asia. Supply chain management in China is very fast & strong if you compare with other countries.
China Eastern Airlines launched its first scheduled charter flight for fresh products from Europe, connecting Oslo, Norway, to Ezhou in Hubei Province, as stated by the carrier to the Global Times on Monday. The inaugural flight took place on January 15, 2025, transporting approximately 35 tons of salmon from Oslo to Ezhou. Covering a distance of about 8,000 kilometers, the flight has a total duration of approximately 11.5 hours and is scheduled to operate twice a week, allowing for the import of 80-90 tons of fresh, chilled salmon into China.
In China's cold chain logistics growth in 2024, this sector has experienced a challenging recovery; however, the continuous release of consumer demand and the ongoing expansion of the cold chain logistics market significantly boosted recovery momentum, according to the cold chain logistics committee.
Moreover, official data indicated that growth in the catering industry and fresh food e-commerce supported the overall expansion of cold chain logistics. In 2024, China's catering revenue reached 5.57 trillion yuan ($761.52 billion), marking a year-on-year increase of 5.3 percent, according to an official from the National Bureau of Statistics. Data from the Ministry of Commerce revealed that from January to October 2024, sales of Chilean cherries and Malaysian durians on e-commerce platforms surged by 107.8 percent and 23.6 percent, respectively.
Driven by the increasing demand for fresh products, China's cold chain logistics sector is experiencing explosive growth, creating substantial opportunities for development, according to Zhang.
Read more related articles: India to work with EU on developing modern tech, secure critical raw material supply chain: Piyush Goyal
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DHL Supply Chain, the leading provider of contract logistics in the Americas, has announced its acquisition of Inmar Supply Chain Solutions, a division of Inmar Intelligence and a top provider of returns solutions for the retail e-commerce industry. This strategic acquisition positions DHL Supply Chain as the largest provider of reverse logistics solutions in North America.
“The growth opportunities that the returns market offers will enhance DHL Supply Chain's success. This acquisition aligns with DHL Group’s goal of achieving 50% revenue growth by 2030 compared to 2023, as outlined in our recently announced Strategy 2030,” said Patrick Kelleher, CEO of DHL Supply Chain, North America.
As a result of this acquisition, DHL Supply Chain will welcome 14 return centers and approximately 800 associates, expanding its North American footprint. Currently, DHL Supply Chain operates over 520 warehouses supported by 52,000 associates. The acquisition will enhance DHL’s returns capabilities, which now include product remarketing, recall management, and supply chain performance analytics. Inmar Intelligence will retain its pharmaceutical reverse distribution business.
With the rapid growth of the e-commerce market and changing consumer behaviors, returns have become a critical touchpoint for retail customers, both online and in-store. The addition of these solutions will expand the value-added services available to DHL's customers, ultimately delivering holistic solutions to meet their complex supply chain needs.
Kelleher further emphasized, “As companies strive to streamline their supply chain strategies and boost operational agility, DHL Supply Chain remains committed to innovation by providing comprehensive and integrated solutions. This acquisition strengthens our existing capabilities and allows us to offer our customers a single-source solution for their entire supply chain, especially in returns management. This will enhance the value we provide by simplifying operations, reducing complexity, and improving overall supply chain efficiency.”
Spencer Baird, CEO of Inmar Intelligence, commented, “Both Inmar Intelligence and DHL are deeply committed to customer-focused innovation. We are confident that DHL will build upon the foundation of Inmar Supply Chain Solutions that we have developed over time. Additionally, we are excited for Inmar associates to gain access to an even broader array of supply chain experiences at DHL. For Inmar Intelligence, this deal allows us to focus our investment on core businesses that are rapidly expanding.”
Consumers expect retailers to offer a seamless returns process, while retailers are challenged with issues like returns abuse and rising operational costs. The acquisition is a logical step in fostering DHL’s customer-centric approach, which involves collaboration, expertise, and integrated solutions to tackle significant supply chain challenges.
The returns market is valued at over $989 billion, yet retailers struggle with evolving consumer behavior towards returns. With Inmar’s expertise in reverse logistics, dedicated team, and technology-driven suite of returns services, DHL Supply Chain aims to provide data-backed, innovative solutions that create positive return experiences for consumers while protecting profitability for retailers in a competitive marketplace, according to Kraig Foreman, President of eCommerce for DHL Supply Chain, North America.
Furthermore, the acquisition of Inmar Supply Chain Solutions supports DHL’s strategic goal of decarbonizing its operations by 2050. In its recently announced Strategy 2030, sustainability is emphasized as a strategic priority, recognizing its increasing importance as a key differentiator in the logistics sector. Helping global customers achieve carbon neutrality is essential, and DHL Group aims to remain a leader in low-carbon logistics operations.
Sustainability is at the core of returns management, and Inmar’s technology-driven reverse logistics solutions are recognized across the industry for reducing costs and minimizing waste generated from returned consumer goods.
and boost operational agility, DHL Supply Chain remains committed to innovation by providing comprehensive and integrated solutions. This acquisition strengthens our existing capabilities and allows us to offer our customers a single-source solution for their entire supply chain, especially in returns management. This will enhance the value we provide by simplifying operations, reducing complexity, and improving overall supply chain efficiency.”
Spencer Baird, CEO of Inmar Intelligence, commented, “Both Inmar Intelligence and DHL are deeply committed to customer-focused innovation. We are confident that DHL will build upon the foundation of Inmar Supply Chain Solutions that we have developed over time. Additionally, we are excited for Inmar associates to gain access to an even broader array of supply chain experiences at DHL. For Inmar Intelligence, this deal allows us to focus our investment on core businesses that are rapidly expanding.”
Consumers expect retailers to offer a seamless returns process, while retailers are challenged with issues like returns abuse and rising operational costs. The acquisition is a logical step in fostering DHL’s customer-centric approach, which involves collaboration, expertise, and integrated solutions to tackle significant supply chain challenges.
The returns market is valued at over $989 billion, yet retailers struggle with evolving consumer behavior towards returns. With Inmar’s expertise in reverse logistics, dedicated team, and technology-driven suite of returns services, DHL Supply Chain aims to provide data-backed, innovative solutions that create positive return experiences for consumers while protecting profitability for retailers in a competitive marketplace, according to Kraig Foreman, President of eCommerce for DHL Supply Chain, North America.
Furthermore, the acquisition of Inmar Supply Chain Solutions supports DHL’s strategic goal of decarbonizing its operations by 2050. In its recently announced Strategy 2030, sustainability is emphasized as a strategic priority, recognizing its increasing importance as a key differentiator in the logistics sector. Helping global customers achieve carbon neutrality is essential, and DHL Group aims to remain a leader in low-carbon logistics operations.
Sustainability is at the core of returns management, and Inmar’s technology-driven reverse logistics solutions are recognized across the industry for reducing costs and minimizing waste generated from returned consumer goods.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.