packaging

Texas supply chain-related firms hit with 285 layoffs

Freight packaging provider Ardagh Glass Packaging Inc. and food supplier Fresh & Ready Foods recently announced the permanent closure of facilities in Texas, according to filings with the Texas Workforce Commision.

Ardagh Glass Packaging announced the closure of a glass production facility in Houston. A total of 220 employees will be laid off by the end of the year.

An Ardagh Glass Packaging-North America spokesperson said the layoffs are the result of market conditions.

“After reviewing current...

https://www.freightwaves.com/news/texas-supply-chain-related-firms-hit-with-285-layoffs

Daily Infographic: Walmart, Packsize collaborate on special right-sized box packaging machine

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The post Daily Infographic: Walmart, Packsize collaborate on special right-sized box packaging machine appeared first on FreightWaves.

https://www.freightwaves.com/news/daily-infographic-walmart-packsize-collaborate-on-special-right-sized-box-packaging-machine

‘State of Freight’ for March: Bullish sign amid mostly bearish news

Just three weeks ago, the monthly FreightWaves “State of Freight” webinar for February didn’t feature many bullish factors that our experts were seeing in the market. 

During the March “State of Freight” webinar, the outlook was generally as bearish as earlier. With at least one indicator turning slightly higher, there may have been at least a glimmer of optimism this time around. 

But a new member of the FreightWaves team brought his expertise to the table, and what he said was as pessimistic as...

https://www.freightwaves.com/news/state-of-freight-for-march-bullish-sign-amid-mostly-bearish-news

Loaded and Rolling: Lunar New Year outlook; boxpocalypse now

Lunar New Year outlook with Christopher Thornycroft
(Image: FreightWaves)

In Tuesday’s episode of FreightWaves’ Loaded and Rolling show, Christopher Thornycroft, executive vice president at Redwood, joined us to talk about the Lunar New Year and what it means for freight demand. For those unaware, the Chinese Lunar New Year holiday began Jan. 22 and typically lasts two weeks. This year, it will end with the Lantern Festival on Sunday. This holiday, which involves fireworks and gift giving, can...

https://www.freightwaves.com/news/loaded-and-rolling-lunar-new-year-outlook-boxpocalypse-now

Proof is in the packaging: Transportation issues begin in warehouse

Packsize founder

If you have ever ordered online, chances are you have received a package that was too big for its own good. 

That might not seem like a big deal at first glance. But whether retailers realize it or not, oversized packaging is tanking their transportation efficiency.

“Shipping efficiency to a large degree is a function of how the packaging is performing,” Hanko Kiessner, founder and chairman of Packsize, told Modern Shipper.

According to research from Packsize, the average e-commerce package is 40%...

https://www.freightwaves.com/news/proof-is-in-the-packaging-transportation-issues-begin-in-warehouse

Contract packaging provider Coregistics acquired by private equity

A forklift operator moving pallets into a truck

Middle-market private equity firm Red Arts Capital announced Thursday the acquisition of packaging and supply chain services company Coregistics.

Acworth, Georgia-based Coregistics provides contract packaging, warehousing and fulfillment services for products in the consumer retail, pharmaceutical, hardware, automotive and food and beverage verticals. The company handles the full scope of packaging services including design, materials sourcing and third-party distribution out of 17 facilities...

https://www.freightwaves.com/news/contract-packaging-provider-coregistics-acquired-by-private-equity

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