Supply Chain Logistics for Refrigerated & Frozen Food

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The global refrigerated warehousing market is expected to record a CAGR of more than 14% until 2020, according to the latest research report released by Technavio, Elmhurst, Ill.

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.

Forrester Research, Inc., Cambridge, Mass., forecasts that cognitive technologies such as robots, artificial intelligence (AI), machine learning and automation will replace 7% of U.S. jobs by 2025.

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.

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.

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.