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Consumers
CPG companies experiencing unusual demand weakness as Americans’ incomes deteriorate
It’s not often that companies in the same industry provide differing views of why demand might be strong or weak at a particular time, or for that matter express confusion about what’s happening, but that’s what’s occurring among U.S. branded packaged foods companies.
As FreightWaves reported two weeks ago, General Mills experienced a sharp volume decline in its quarter ending May 31 and provided two explanations for why: Americans have become increasingly price-sensitive and U.S. retailers have...
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.
https://www.freightwaves.com/news/what-crappy-beer-demand-tells-us-about-the-economy
Cardboard box demand plunging at rates unseen since the Great Recession
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Demand and output for cardboard boxes and other packaging material fell sharply in the fourth...
Consumer, carrier relationships both thrive when transportation expectations are clear
Consumer demands surrounding product availability, shipping times and visibility into orders have grown significantly over the past several years. As a result, the price — both in dollars and damaged reputation — of late or damaged deliveries has skyrocketed. Meeting these demands is a team effort that involves shippers, carriers, retailers and technology providers.
While meeting consumer demands can be a consistent challenge, service hiccups are most likely to occur during demand surges....
Surveys: Consumers expect premium experiences when shopping online
Two new global surveys paint a picture of consumers who expect top-shelf experiences that merge the physical and digital worlds when dealing with brands.
Internet of Things device management solutions provider SOTI’s “From Clicks to Ships: Navigating the Global Supply Chain Crisis” 2022 report found that shipping transparency and speed are critical components to a successful consumer transaction. While that isn’t surprising, one item from the survey, that 34.8% of consumers said that knowing who...
https://www.freightwaves.com/news/surveys-consumers-expect-premium-experiences-when-shopping-online
Daily Infographic: Manage Your Supply Chain Risk
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Daily Infographic: DOT details efforts to secure refunds for Americans for flights canceled due to COVID-19 pandemic
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Daily Infographic: Consumers’ views on sustainability in e-commerce
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Daily Infographic: Gasoline Explained
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