Liner shipping has had a torrid time so far in 2016, with spot freight rate volatility reaching unprecedented levels.
July 6, 2016
Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016.
The show included nearly 13,000 key decision-makers representing the world’s perishable supply chain, including produce, logistics, fresh-cut flowers, temperature-controlled warehousing and food processing and manufacturing.
July 6, 2016
The inaugural Global Cold Chain Expo, which took place June 20-22 at Chicago’s McCormick Place, was a success, with over 1,200 cold chain professionals from 18 countries in attendance.
The report reveals total U.S. business logistics costs rose to $1.48 trillion in 2015, a 2.6% increase from the previous year.
June 22, 2016
The Council of Supply Chain Management Professionals (CSCMP), Lombard, Ill., released its 27th Annual State of Logistics Report, which was produced in collaboration with global strategic management consulting firm, A.T. Kearney, Chicago, as the author and researcher, and Penske Logistics, Reading, Pa., continuing in its longstanding role as top supporter of the report.
In the period of 2011-2015, 1,691 food processing projects were announced, of which 1,033 were expansions and 658 were new projects.
June 13, 2016
The first installment of “Good Eats & More Treats: Food Manufacturing and the Changing American Table” takes a critical look at several significant components of this vital industry, which is a significant employer and a major user of industrial space.
This report is said to be the first of its kind to quantify the sweeping impact of investments by Class I railroads with U.S. operations on the overall economy.
June 13, 2016
The study finds spending by the seven largest U.S. railroads created $274 billion in economic activity, generated nearly $33 billion in state and federal tax revenues and supported nearly 1.5 million jobs nationally in 2014 alone.
The research will focus on environmental sustainability, transparency and health and wellness.
May 26, 2016
Silk, a plant-based food and beverage brand of WhiteWave Foods, Broomfield, Colo., announced a year-long sponsored research initiative with the Center for Health and the Global Environment (CHGE) at the Harvard T.H. Chan School of Public Health, Boston, to research differences in how food companies, academics, industry leaders and the general public perceive the challenges facing the food industry and its attempts to feed the world in a healthy and sustainable way.
Independent restaurant operators represent a third of broadline foodservice distribution dollars, and their spending has increased year-over-year for the past two years.
May 24, 2016
Despite declining unit counts for the last two years, independent restaurant operators represent a third of broadline foodservice distribution dollars, and their spending has increased year-over-year for the past two years, according to a study produced by The NPD Group, Port Washington, N.Y.