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Study: Sales of smart labels to ascend thanks to e-commerce, connected packaging

Use of connected packaging solutions such as smart labels enables end users to gain access to all traceable information across the supply chain.
November 5, 2019
The global smart labels market is projected to record a CAGR of ~13% during the forecast period 2019-2029, according to a study released by Future Market Insights, Valley Cottage, N.Y.
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Study: Rising generation of food consumers more open to new food technology

Gen Z respondents indicated they are more likely to try a food grown with technology (77%) and are more comfortable overall with the use of technology to grow food (71%).
November 5, 2019
Gen Z—the newest generation of food consumers with purchasing power—is more open to food technology than older generations, according to new research from Ketchum, New York.
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KHS Kunshan, China plant

KHS China to build new plant, service center in Kunshan

The €10 million, 10.000-square-meter-large factory will make engineering, production, logistics and service more efficient.
November 5, 2019
Germany-based KHS GmbH announced plans to build a new plant and service center in Kunshan, China.
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Eriez Wager Road Plant

Eriez to expand Wager Road plant in Erie, PA

The new space will also create specialized repair, testing, demonstration and R&D areas.
November 5, 2019
Eriez announced a major expansion to its Wager Road facility, located 15 miles from the company’s world headquarters in Erie, Pa.
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Study: Operational costs of trucking shows dramatic increase in industry costs

The average marginal cost per mile incurred by motor carriers in 2018 increased 7.7% to $1.82.
November 4, 2019
The American Transportation Research Institute (ATRI), Arlington, Va., released the findings of its 2019 update to “An Analysis of the Operational Costs of Trucking.”
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Increased demand for dark chicken meat creates new opportunities

Furthermore, advances in whole leg deboning technology continue to improve yields with half of the labor required of hand deboning.
November 4, 2019
Advances in mechanical deboning technology allow U.S. chicken producers to capture the emerging demand for dark meat while addressing the ever-present labor shortage, according to a report from CoBank’s Knowledge Exchange division, Greenwood Village, Colo.
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Raven Industries acquires Smart Ag

As part of Raven Autonomy, the company plans to deliver autonomous solutions for agriculture for both OEM partners and ag retailers.
November 4, 2019
Raven Industries, Inc., Sioux Falls, S.D., acquired Smart Ag Inc., Ames, Iowa.
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Raven Industries to acquire DOT Technology

DOT manufactures U-shaped, diesel-powered platform to autonomously handle a large variety of agriculture implements.
November 4, 2019
Raven Industries, Inc., Sioux Falls, S.D., announced plans to acquire majority ownership of DOT Technology Corp., a Canada-based provider of autonomous agriculture solutions.
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Raven Industries announces strategic platforms for growth in autonomous agriculture technology

Over the next several years, the company will advance two strategic platforms for growth—Raven Autonomy and Raven Composites.
November 4, 2019
Raven Industries, Inc., Sioux Falls, S.D., announced details of a strategic plan, which includes an increased level of investment in targeted areas to drive greater earnings growth and long-term value.
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Study reveals most consumers think food labels are misleading

This study found that 33% consider transparency from a brand as an extremely important factor when purchasing food products.
November 4, 2019
Half of Americans (53%) feel like food labels are sometimes misleading, according to research presented by Crispy Green, Inc., Fairfield, N.J.
Read More
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