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Report: 90% of domestic Fortune 500 companies use 3PLs

Global Fortune 500 3PL revenues, reaching $273.8 billion in 2016, are led by the technological and automotive industries, accounting for $77.2 billion and $52.5 billion, respectively.
April 8, 2019
Nearly 90% of domestic Fortune 500 companies use third-party logistics providers (3PLs) for logistics and supply chain functions, according to a new report by Armstrong & Associates, West Allis, Mich.
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Kettle Cuisine acquires Harry's Fresh Foods

The transaction strengthens Kettle Cuisine's leadership in the fresh soup category.
April 8, 2019
Kettle Cuisine, Lynn, Mass., announced plans to acquire Harry's Fresh Foods, a privately held custom food manufacturing company based in Portland, Ore.
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Fleetilla, Polte collaborate to extend supply chain & equipment visibility

With the addition of Polte's location technology, which offers both indoor and outdoor tracking, Fleetilla will be positioned to offer seamless freight and equipment visibility across the supply chain.
April 8, 2019
Fleetilla, LLC, Ann Arbor, Mich., and Polte Corp., Richardson, Texas, announced a collaboration to integrate Polte's location technologies into Fleetilla's asset tracking and freight visibility solutions.
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Study: Aquaponics market to increase 7.4% CAGR by 2028

The report opines that the numerous advantages of producing aquaponics vegetables over traditional farming production in terms of fertilizer use, land usage, water requirement and climatic constraints are expected to drive aquaponics market growth.
April 8, 2019
The aquaponics market is anticipated to increase at a rigorous 7.4% CAGR by produce type during the 2018-2028 period, according to analysis by Persistence Market Research, New York.
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Study: 40% of respondents plan to open new facilities in the next 5 years

Availability of skilled labor is ranked as the No. 1 site selection factor by respondents, followed by labor costs and highway accessibility.
April 5, 2019
Despite an uncertain operating environment and continuing concerns about the availability of skilled labor, plans for new and expanded facilities are still on the horizon, according to “33rd Annual Corporate Survey and 15th Annual Consultants Survey,” produced by Area Development, Westbury, N.Y.
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Garrett Valley rebrands to Garrett Valley Farms

The new name and brand assets reflect the company’s all-natural roots and better showcase its dedication to classic farm values.
April 5, 2019
Garrett Valley, Swedesboro, N.J., announced a corporate name change to Garrett Valley Farms as part of a larger rebranding effort that includes a refreshed packaging design.
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Cheney Brothers AM King Produce Cooler

Cheney Brothers expands distribution center

The 30-acre, 169,338-square-foot cold storage addition, built by A M King, allows the company to expand its refrigeration capabilities.
April 5, 2019
Cheney Brothers, Inc. (CBI), Rivera Beach, Fla., expanded its Statesville, N.C., distribution center.
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