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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

In general, the companies in the meat industry have among the most to gain from improving their freight efficiency, and we estimate that food companies with average margins and an average relative freight spend could save $300 for every $1 million in revenue by improving freight efficiencies by 1%. Request a SONAR Demo.

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June 4, 2024 Update

Freightos

A recent Freightos Group survey of more than fifty logistics professionals found that since early May, nearly 70% of BCOs and forwarders with long term ocean contracts have had containers rolled or pushed to the spot market, or are facing contract renegotiations with carriers to increase their long term rate levels.

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Lowering freight costs to alleviate margin pressure for CPG companies

FreightWaves SONAR

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. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”. As noted by DC Velocity , “ most freight forwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year.

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Paper and packaging companies face rising input and freight costs

FreightWaves SONAR

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. Request a SONAR SCI Demo. Last year, FreightWaves estimated that the top five paper and packaging companies in the U.S.

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

FreightWaves SONAR

Request a SONAR Demo. Request a SONAR SCI Demo. FreightWaves’ SONAR and SONAR Supply Chain Intelligence platforms assist CPG companies to save money on transportation spend, de-risk from market conditions and benchmark against the competition. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

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Potential solution for drone collision avoidance

Logistics Business Magazine

Merging HHLA Sky’s drone control centre software with Iris Automation’s ground-based aircraft detection technology Casia G opens up a whole new spectrum of use cases for industrial- and security-related drone operations worldwide. transmitting real-time video feeds) and inspections at ports, plants, and industrial sites (e.g.