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[WHITE PAPER] Shippers pay more for packaging while paper and packaging companies face rising input and freight costs

FreightWaves SONAR

One year ago, we wrote a white paper in which we estimated that the top five paper and packaging companies in the U.S. Despite the revenue declines posted by the industry in 2020, we believe that industry freight spend is just as high as pre-pandemic levels due to growth in packaging demand and higher freight rates.

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[WHITE PAPER] Another rough year for shippers to manage bid process and carrier networks

FreightWaves SONAR

As we approach the end of the year, shippers are in the unenviable position of having to put freight out for bid in a carriers’ market while budgeting for further-inflationary 2022 transportation costs on top of rampant inflation in virtually all of their other costs (labor, materials, packaging, energy, etc.) Request a SONAR Demo.

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[WHITE PAPER] Cold comfort: Food companies can benefit from using reefer data as their costs for freight (and everything else) rise

FreightWaves SONAR

Packaged food companies are raising prices to offset (at least a portion of) the rising costs. In this report, we discuss the numerous datasets contained in the FreightWaves SONAR platform and associated use cases for packaged food companies and other refrigerated shippers. FILL OUT THE FORM BELOW TO ACCESS A COPY OF THE WHITE PAPER.

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[WHITE PAPER] Mo’ inflation, mo’ problems for CPG companies

FreightWaves SONAR

Even with inflationary pressures pervading nearly every aspect of the economy, consumer packaged goods (CPG) companies are somewhat uniquely exposed to the current inflationary environment. Pages 5-8) Using freight rate data from loads moved under contracts to benchmark against industry peers and make adjustments accordingly.

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Paper and packaging companies face rising input and freight costs

FreightWaves SONAR

Last year, FreightWaves estimated that the top five paper and packaging companies in the U.S. Despite revenue declines across the industry in 2020, we estimate that freight spend was as high as pre-pandemic levels due to growth in packaging demand and elevated freight rates. Request a SONAR Demo.

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Lowering freight costs to alleviate margin pressure for CPG companies

FreightWaves SONAR

Consumer packaged goods (CPG) companies are facing a unique set of circumstances in the current inflationary environment. Inflation has a larger impact for the CPG industry compared to other industries given the reliance on numerous commodities (like corn and soybeans) that have seen prices increase dramatically over the past year.

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Freight data can assist CPG companies in mitigating risks of freight cost inflation

FreightWaves SONAR

Inflationary pressure continues to be one of the largest headwinds for consumer packaged goods (CPG) companies, which are uniquely exposed in the current environment. The free white paper, Mo’ inflation, mo’ problems for CPG companies , shows how real-time data can enhance decision-making around the supply chain.