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Trends in the Food and Beverage Industry

Trinity Logistics

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. Recently, a Grand View Research study shows that the cold chain market was estimated at USD 233.2 SUSTAINABILITY Growing climate issues are making sustainability a common trend in almost all industries. billion in 2022.

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5 Myths of Making Robots Work with People

Logistics Viewpoints

Robotics and automation in the warehouse continue to be a growing trend, with a recent study estimating that the warehouse robotics market is expected to reach USD 23. 09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. But there is still much to learn.

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Cargo Chat: BlueGrace Execs Talk Nearshoring

Blue Grace Logistics

“New investment driven by nearshoring could reach about $46 billion in the next five years, helping boost Mexico’s annual [gross domestic product] growth to around 3% in 2025 to 2027, from an estimated 1.9% electric car maker to open a $5 billion plant in Monterrey, highlight the growing nearshoring trend.”

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. The 4PL Market is Growing Exponentially. million USD in 2019. It is predicted to reach $78,981.5 percent over FY19.

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