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Demand for reusable plastic containers to grow 7.6% annually

The study reveals the number of RPCs in use is larger than the demand due to the multiple trips made per year by most of these containers and their ability to be used for up to 100 trips.
July 10, 2018
Demand for new reusable plastic containers (RPCs) for fresh produce is projected to increase 7.6% per year to $185 million in 2022, making them one of the fastest growing produce packaging products, according to a new study produced by The Freedonia Group, Cleveland, Ohio.
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Port of Long Beach receives zero-emissions equipment grant

The demonstration will include three cargo-moving vehicles known as “top handlers” with never-before-tested battery-electric systems.
July 10, 2018
The Port of Long Beach, Long Beach, Calif., will use a $5.3 million grant from the California Air Resources Board (CARB), Sacramento, Calif., to deploy hydrogen- and electric-powered cargo handling equipment at two shipping terminals.
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Research reveals convenience is key for U.S. diners

Convenient meal solutions grew across almost every category and generation.
July 9, 2018
Across the United States, 85% of diners decide what to eat for dinner the same day the meal occurs, so it may not come as a surprise that compared to 2015, convenient meal solutions grew across almost every category and generation, according to research released by Acosta, Jacksonville, Fla., and Technomic, Chicago.
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Study: Top 50 CGP companies reach 15-year high in M&As

The rise in M&A comes as big fast-moving consumer goods (FMCG) companies respond to challenges of driving growth, as well as pressure from activist investors to increase margins.
July 9, 2018
The number of mergers and acquisition deals among the Top 50 consumer goods giants reached a 15-year high in 2017, a 45% increase from the previous year, according to the annual Global 50 report released by OC&C Strategy Consultants, New York.
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