April 6th, 2020
CPG companies are changing the way they do business in order to keep staff healthy during the COVID-19 pandemic: “As coronavirus spreads throughout the United States, the tens of thousands of workers who produce, distribute and stock goods for grocery shelves have been thrust in the spotlight as their positions are deemed essential and critical by the federal Cybersecurity and Infrastructure Security Agency despite the potential risk of getting infected.” P.S. Suppliers are finding that they have to make some...Read More
April 6th, 2020
Global cargo space has declined as COVID-19 concerns disrupt supply chains: “Airfreight volume fell 1.9% year-over-year (YoY) in February — the 15th straight month of declining volume, according to the latest numbers from the International Air Transport Association (IATA). In seasonally adjusted terms, demand fell by 9.1% month-over-month, which IATA called “‘the largest ever monthly decline for that series?.’ February 2019 cargo volume was also relatively weak, which helps to explain the relatively small YoY decrease.” P.S. Disrupted supply chains...Read More
April 5th, 2020
Many U.S. food suppliers are tapping local sources as it becomes more difficult to import food from overseas: “The majority of garlic consumed in the U.S. is imported from China, where the novel coronavirus originated. However, as the virus impacts more countries, CEO of Olam Spices Greg Estep told Food Dive that orders for U.S.-grown onion, garlic and chilies jumped 20% in March compared to last year.” P.S. Maintaining a nimble and flexible supply chain is an essential part of...Read More
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