What is Arctic Express?
Founded in 1981 and headquartered in Hilliard, Ohio, Arctic Express specializes in providing critical refrigerated transportation services. The company serves a diverse clientele including growers, warehousers, food processors, and manufacturers across the United States. Its core competency lies in maintaining the integrity of temperature-sensitive goods throughout the supply chain, a vital service in the food and beverage industry.
How much funding has Arctic Express raised?
Arctic Express has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Arctic Express?
The recent large-scale late-stage funding and major strategic investment signal a period of accelerated expansion and operational enhancement for Arctic Express. This capital infusion is likely to be directed towards fleet modernization, technological advancements in cold chain management, and potentially expanding its service network to meet growing market demands. The company is well-positioned to leverage this financial backing to solidify its market leadership and explore new avenues for growth in the competitive refrigerated logistics landscape.
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