Tiger Cool Express Shuts Down Due to Falling Intermodal Demand

Kansas-based temperature-controlled intermodal provider, Tiger Cool Express, has ceased operations after nearly ten years in business, due to a drop in demand for domestic intermodal and low trucking rates. Tiger Infrastructure Partners, the company's private equity owner, withdrew funding, causing over 50 job losses. The company was notable for its early adoption of containerized reefer intermodal. Recent struggles include the threat of a rail strike and falling demand, with intermodal providers stacking 15 to 20% of their fleets due to declining volumes.

Source: Journal of Commerce