Ohio company receives Food Logistics recognition

Ohio-based third-party logistics company ODW Logistics has received a Food Logistics 2024 Top 3PL & Cold Storage Providers award, recognizing leading providers in the food and beverage industry.

ODW Logistics operates 32 facilities totaling 9 million square feet, according to a news release. The company offers dry, temperature-controlled, and frozen warehousing solutions as well as distribution and transportation management.

“To be recognized in this sector of the industry is always a privilege,” Jeff Clark, executive vice president at ODW Logistics, said in the release. “Access to such necessary assets and facilities is what helps in making ODW maintain its leadership as well as flexibility in a market that is consistently evolving to meet the demands of consumers, retailers, and supply chain disruptions.”

According to a 2024 Straits Research report, the global cold chain logistics market, valued at $280 billion in 2022, is estimated to reach more than $1 billion by 2031 — a compound annual growth rate of 15.5% from 2023 to 2031.

The report noted factors driving market expansion include increasing demand for perishable food goods and convenience meals as well as increased consumption of out-of-season fruits and vegetables.

“It’s vital that we are always able to provide a diversified portfolio to clients,” Clark said. “They depend on us to provide solutions, structure and opportunity for expansion.”