Consumer packaged goods

Ryder acquires IFS to boost supply chain business

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Ryder System Inc. is acquiring Impact Fulfillment Services Holdings LLC, a contract packaging,...

https://www.freightwaves.com/news/ryder-acquires-ifs-to-boost-supply-chain-business

What crappy beer demand tells us about the economy

People aren’t buying as much beer as they used to, and it’s not a great indicator for the economy. 

U.S. beer shipment to wholesalers declined 14.1% in December 2022 compared to the year prior, according to a Wells Fargo note published on Jan. 27. Compared to 2020, shipping volume is down 19.4%. We saw the lowest volume since 2012 in December. 

It’s not as clear as saying that people simply don’t want beer, or that consumers are becoming more budget-conscious. There are a few factors afoot here.

Su...

https://www.freightwaves.com/news/what-crappy-beer-demand-tells-us-about-the-economy

Last-mile solution can optimize urban routes for an entire fleet

Inflationary increases in grocery and household goods are some of the more noticeable rises hitting stores, and although consumers are just starting to feel it, logistics companies for some time have been grappling with the issues behind some of these price increases.

Prices of ingredients and raw materials have noticeably increased over the last year due to higher wholesale costs, especially in the consumer packaged goods sector. At the same time, transportation costs are also high in part due...

https://www.freightwaves.com/news/last-mile-solution-can-optimize-urban-routes-for-an-entire-fleet

Route optimization vs. planning: What are the differences?

Delivering consumer packaged goods the final mile to customers’ doorsteps is one of the most challenging aspects of the delivery process.

In today’s world, customers expect to know when their purchases will arrive down to the minute. Providing customers with wide delivery windows can result in frustration and lack of trust, jeopardizing future business with that customer.

Estimating a delivery time can be challenging, especially when factoring in all the elements of urban environments and...

https://www.freightwaves.com/news/route-optimization-vs-planning-what-are-the-differences

HowGood adds procurement module to sustainability database

HowGood added a procurement module to its sustainability platform.

HowGood, touted as “the world’s largest product and ingredient sustainability database,” added a procurement module to its Latis sustainability intelligence platform on Thursday.

The Brooklyn, New York-based company started with a platform based on R&D to find more sustainable suppliers or practices specifically for new consumer packaged goods (CPG) and food products. 

The procurement module will help connect the dots between the sustainability metrics for ingredients and how that information...

https://www.freightwaves.com/news/howgood-adds-procurement-module-to-sustainability-database

GSCW chat: Is FreightTech necessary for CPG companies?

Experts chat about the role of automation and FreightTech in consumer packaged goods companies.

This fireside chat recap is from Day 3 of FreightWaves’ Global Supply Chain Week.

FIRESIDE CHAT TOPIC: FreightTech is a must for consumer packaged goods companies to thrive.

DETAILS: FreightWaves’ Travis Rhyan and Bart De Muynck detail the challenges CPG companies face with labor shortages, manufacturing and e-commerce and how FreightTech investment should be viewed as a cost of doing business.

SPEAKER: De Muynck is the vice president of supply chain research at Gartner.

BIO: De Muynck conducts...

https://www.freightwaves.com/news/gscw-chat-is-freighttech-necessary-for-cpg-companies

ITF Group offers Pop-up Fulfillment Pod solution for small shippers

According to April data from the U.S. Department of Commerce, total e-commerce retail sales have increased 39.7% year-over-year. Today’s consumer desires quick fulfilment and delivery, so with record congestion at the ports and record-low inventory-to-sales ratios, third-party logistics providers are under tremendous pressure. 

Chart: Andrew Cox/FreightWaves; data: U.S. Department of Commerce

That pressure is spurring creativity for St. Louis-based ITF Group, a tailored-solutions 3PL with its own...

https://www.freightwaves.com/news/itf-group-offers-pop-up-fulfillment-pod-solution-for-small-shippers

Packaged goods shippers want transport regulators to deal with rising costs

Trucking and maritime regulators should take immediate action to help ease cost burdens on packaged goods shippers concerned about potential shortages amid signs of inflation, according to a manufacturing lobby group.

In a letter sent on Thursday to the National Economic Council, an office within the White House, the Consumer Brands Association (CBA), which represents shippers of consumer packaged goods (CPG), warned that the CPG industry “is experiencing the perfect storm: Costs associated with...

https://s29755.pcdn.co/news/packaged-goods-shippers-want-transport-regulators-to-deal-with-rising-costs

Welcome to The Stockout

The Stockout is sponsored by Echo Global Logistics. Trust the experts at Echo Global Logistics for all your freight transportation and CPG shipping needs. Whether you are a Fortune 100 CPG company or a specialty food manufacturer, Echo has solutions to fit your needs. With their dedicated team as well as EchoShip, a self-service shipping portal allowing you to quote, book, ship, and track – Echo has you covered. Technology at your fingertips and experts by your side 24 hours a day, 7 days a...

https://www.freightwaves.com/news/welcome-to-the-stockout

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