The Food and Drug Administration on Thursday announced that an emergency shipment of baby formula equivalent to 5 million 8-ounce bottles — more than triple the amount delivered this week on the first two Operation Fly Formula flights — is being readied in Europe.
The news follows completion of a FedEx delivery for the government, the FDA informing a second foreign manufacturer it could also use new regulatory flexibility to import infant formula and lawmakers seeking answers on how to...
The first emergency flights of infant formula under the U.S. government’s new Operation Fly Formula will transport formula made by Nestle S.A. from Zurich to Plainfield, Indiana, the White House said Thursday.
The Defense Department is combing through its list of approved commercial airline contractors to identify the best aircraft to fulfill the transport request from the Department of Agriculture.
A series of Operation Fly Formula flights will transport the equivalent of up to 1.5 million...
Presented by FreightWaves, in partnership with ArcBest, the Shipper of Choice award recognizes the manufacturers, distributors and retailers that do the best job of keeping the American economy moving by fighting driver detention, providing accessible facilities and understanding what it takes to remove inefficiencies from the supply chain.
Among the top 25 Shippers of Choice for 2021 is BlueTriton Brands (formerly Nestlé Waters North America).
Nomination criteria for BlueTriton BrandsBlueTriton...
https://www.freightwaves.com/news/2021-shipper-of-choice-profile-bluetriton-brands
Container rates alert: Sky’s the limit, as demand drives further unprecedented hike in long-term contracted rates says an article on Xeneta.
Rates reach ‘new heightsShippers could be forgiven for asking ‘when will it end?’ A year of historically high long-term contracted container rates is being pushed to new heights, with a further 9% surge in prices across the month of May.
According to the latest market intelligence from Xeneta’s Long-Term XSI® Public Indices, which crowdsources rates from...
https://mfame.guru/hike-in-long-term-contracted-containers-rates/
In past editions of The Stockout, I’ve discussed cost inflation trends, which I believe is the industry’s largest issue currently aside from pandemic-related structural changes in demand. In recent days, many of the large CPG companies provided additional detail on pending price increases to pass those costs on to consumers. While that’s not a surprise, it is notable that inflation in CPG costs is higher than we have seen recently, with companies indicating that forthcoming price increases will...
https://s29755.pcdn.co/news/the-stockout-cpg-companies-highlight-forthcoming-price-increases
Reefer spot rates hit five-month low as capacity loosens. After a relentless uptrend from May through September 2020, reefer spot rates stabilized through the end of the year. Aside from a short-lived spike around the holiday season, rates have contracted at a rapid rate through 2021 and are now at the lowest level since August.
The decline in reefer spot rates coincides with falling tender rejection rates (ROTRI), a measure of how difficult it is for shippers to source capacity. Easing price...
https://www.freightwaves.com/news/the-stockout-reefer-spot-rates-fall-as-contract-rates-catch-up
Kraft Heinz takes another step toward a more sustainable future. In the last edition of The Stockout, I wrote about how Kraft Heinz is testing the company’s first microwavable cup, set to launch sometime during 2021 upon the completion of testing. On Friday, Kraft Heinz announced that it was launching a new eco-friendly sleeve multipack in the United Kingdom.
Image: The Kraft Heinz Company
This move will eliminate 550 tonnes of plastic on supermarket shelves, Kraft Heinz said. The cardboard...
https://www.freightwaves.com/news/the-stockout-kraft-heinz-cleans-up-its-packaging
The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each Friday, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.
The following is an excerpt from the November 1966 edition of the Florida Journal of Commerce.
Seventy thousand American gallons of frozen concentrated orange juice were imported into the...
Brad Jacobs, chairman and CEO of XPO Logistics (NYSE: XPO), is committed to improving the diverse culture XPO is striving to build for its employees, but doing so requires listening to employees, he said during the keynote address of FreightWaves’ Virtual 3PL Summit on Tuesday morning.
“There is a problem in the country [with] racial inequality and that’s a fact,” Jacobs said. “I think just in the last month, the recognition of that fact has become much more widespread.”
Racial equality was one...
What makes a driver feel appreciated?
Clean bathrooms, water, snacks, short wait times and simple courtesy are what many drivers responded to on the survey by FreightWaves for its Driver Appreciation Award.
Winners were named Wednesday for the Driver Appreciation Award during FreightWaves LIVE @HOME. The winners of the driver appreciation survey highlights leaders in the supply chain who value and respect truckers.
In alphabetical order, the companies that went above and beyond to make drivers...