FI Fast Break audio news: June 5, 2024
The latest Food Institute news podcast provides an update on shipping rates related to diversions around the Red Sea.
Tag: Shipping
FI Fast Break audio news: Feb. 21, 2024
The latest Food Institute Fast Break news podcast touches on the trend of “AI washing” by some major businesses.
FI Fast Break audio news: Feb. 14, 2024
The latest Food Institute Fast Break news podcast discusses the demise of a noteworthy plant-based seafood brand.
FI Fast Break audio news: Jan. 10, 2024
The latest Food Institute news podcast touches on forecasts for a big year for fast-food drive-thrus, particularly in the morning.
Port Delays Continue to Pile Up
Global shipping is likely to take another hit in the wake of the Russia-Ukraine conflict. The invasion adds a level of complexity to an industry already navigating changing consumer demand, inflation, and the ongoing effects …
RBC Says No End in Sight for Supply Chain Woes
Will supply chain problems ever subside? RBC Capital Markets recently provided insight on the topic in its report titled Digital Intelligence Strategy: Supply Chain Woes, No End in Sight. RBC’S OUTLOOK FOR SUPPLY CHAIN ISSUES …
Frozen Meat Market Appears Poised to Heat Up
This article is written and sponsored by Transparency Market Research. E-commerce trends and consumers’ increasing desire for convenience have helped fuel growth in the frozen food industry. According to a report by the American Frozen Food …
California Ports Take Different Approaches to Backlogs
The backlog of ships off the coast of California has become so dire that the Biden Administration has gotten involved. Additionally, the two primary ports are exploring different strategies in trying to alleviate issues. As …
A Fine Kettle of Fish: Rising Seafood Prices Pushing Restaurants to Rethink Menus
Maryland without crab cakes. An ahi tuna shortage in Hawaii. Clams missing from the menu in Massachusetts. Are we running out of fish? “Yes, there is a shortage of fish, in some part, because of …
The Current State of the U.S. Farmer
What’s the current state of the U.S. farmer? With historic heat, record droughts, and unprecedented supply chain problems, The Food Institute Podcast invited Wells Fargo agricultural economist Dr. Michael J. Swanson to discuss market conditions, …
Navigating an Unprecedented Supply Chain
How is Camerican International navigating an unprecedented supply chain? While many looked forward to the post-COVID era, supply chain bottlenecks are complicating efforts for food importers who are contending with companies bringing in higher-margin goods …
Industry Insider: Global Shipping Problems to Persist into 2022
While the world looked to the second half of 2021 as the “Great Reopening” following the COVID-19 pandemic, it seems the “Great Backlog” is a more apt name for the current shipping paradigm. From sweatpants …
Barge Jam Cleared, but Trucking Snags Persist Near Memphis
All types of businesses, including those in the agriculture sector, were left breathing a sigh of relief last weekend, after a major backlog of barges was cleared on the Mississippi River. A traffic jam on …
Supply Chain Update: California Shipping Logjam Finally Easing
A persistent kink in the global supply chain is getting straightened out – slowly, but relatively surely. The backlog at southern California ports appears to finally be easing, even as imports continue to flood into …
Coffee Prices on the Rise, But Sellers Aren’t Concerned … Yet
Some coffee purveyors say they’re not too worried – at least in the short term – about the shipping container shortage that is pressuring already tight coffee supplies, the result of a South American drought …
UPDATE: Shipping Logjams Have West Coast Ports Scrambling
Congested ports in the U.S. continue to cause major supply chain disruptions. The California ports of Los Angeles and Long Beach — which together handle more than a third of U.S. container imports — are …
No Safe Harbor: West Coast Port Backups Impacting Food Trade
Imports and exports may be slowing at West Coast ports, but that’s not due to a lack of demand: logjams at ports from Los Angeles to Seattle are complicating efforts by U.S. agricultural companies looking …
Consumers Expected to Wake Up to Higher Coffee Prices Soon
U.S. coffee processors are reporting significant cost increases in their operations, mostly related to transportation, and expect to raise retail prices soon. Mid-sized and smaller roasters have been hit hardest, but even larger companies say …
Supply Chain Pain: Freight Rates, Delivery Delays Frustrate Food Industry
Food businesses are facing logistics issues regarding rising freight costs on top of the ongoing COVID-19 crisis. Rising freight rates and delivery delays have led to global backlash from companies frustrated about the mix of …
Surge in Online Sales Puts Pressure on Retailers, Shipping Services
Online sales for the 2020 holiday season started strong on Black Friday, coming in at a record-breaking $9 billion. That spending represents a 22% increase over a record $7.4 billion spent online in 2019. Traffic to physical …