Food Cold Chain Track and Trace Technology Revenues Set to Exceed US$7 Billion Amid Growing Regulatory Scrutiny on Food Supply Chains [Yahoo! Finance]
Carrier Global Corporation (CARR)
Company Research
Source: Yahoo! Finance
The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters. Global technology intelligence firm ABI Research projects that worldwide revenues from food cold chain track and trace operations will surpass US$7 billion by 2032, encompassing hardware sales and recurring SaaS subscriptions. "For cold chain management to be effective, it must be enabled by technological solutions, which are critical for maintaining the quality and safety of food products. The need for real-time monitoring across the food supply chain has been exacerbated due to the regulatory compliance requirements in North America and Europe . This includes all stakeholders from farmers and first-line handlers to logistics providers, food manufacturers, and retailers," explains Adhish Luitel , Supply Chain Management & Logistics Senior Analyst
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CARR
News
- Carrier Global Co. (NYSE: CARR) had its price target raised by analysts at TD Cowen from $66.00 to $70.00. They now have a "buy" rating on the stock.MarketBeat
- Carrier: Not Too Hot Yet [Seeking Alpha]Seeking Alpha
- Is It Worth Considering Carrier Global Corporation (NYSE:CARR) For Its Upcoming Dividend? [Yahoo! Finance]Yahoo! Finance
- Carrier Global Co. (NYSE: CARR) had its price target raised by analysts at Oppenheimer Holdings Inc. from $63.00 to $64.00. They now have an "outperform" rating on the stock.MarketBeat
- Carrier Global Co. (NYSE: CARR) had its price target raised by analysts at Wells Fargo & Company from $59.00 to $66.00. They now have an "equal weight" rating on the stock.MarketBeat
CARR
Earnings
- 4/25/24 - Beat
CARR
Sec Filings
- 4/29/24 - Form 144
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- CARR's page on the SEC website