Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
Challenge: Even though growth was on the fast track for one of the largest domestic foodservice providers, they were still hampered by supply chain visibility and accuracy challenges. Without visibility, they had no way of knowing how truckload orders were impacting their entire supply chain, leading to increased costs. The company was also facing substantial increases in commodity prices, fuel and the minimum wage - critical elements in the food and restaurant industries. Complicating those challenges were ongoing limited-time promotions, which require immediate responses to spikes in demand.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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