CPG

Miami-based freight transportation and logistics services provider Ryder System Inc. said today it has inked a definitive agreement to acquire the outstanding equity of IFS Holdings LLC, also known as Impact Fulfillment Services (IFS), a provider of contract packaging, contract manufacturing, and warehousing services for shippers in the consumer packaged goods (CPG), retail, and healthcare sectors.

The company has added a 400,000 square-foot Aurora, Ill.-based distribution center, which opened its doors in August. Ryder officials said that this new distribution center is part of a six-building campus comprised of 2.4 million square-feet, which Ryder said mainly serves consumer packaged goods (CPG) shippers, including: food and beverage, food ingredients, health and beauty, household products, and general retail merchandise.

On this episode, Stopwatch’s Meagan Bowman discusses why the CPG supply chain is broken, along with all things startup-related. SCMR’s Editorial Director Bob Trebilcock hosts.

In a post-pandemic world, supply chains must be embedded with transparency, resilience and sustainability— or brands risk their own longevity.

Established in 1925, Black Horse Carriers serves the food and grocery, retail, bakery, dairy, CPG, manufacturing, and automotive sectors. Black Horse has more than 4,000 people and operates a trucking fleet of more than 2,000 vehicles, and services customers from more than 90 terminals across the United States.

A recent blog by Vivek Vaid, Chief Technology officer, for Chicago-based FourKites, observed that consumer packaged goods (CPG), food and beverage (F&B), and retail payments are leading the way for shipments and “continue to drive overall growth in shipment volumes across the U.S., with a huge surge in less-than-truckload and parcel shipments.”

Logistics Management Group News Editor Jeff Berman recently caught up with Steve Denton, CEO of Ware2Go, a UPS-backed company comprised of a nationwide network of certified warehouses, technology to streamline fulfillment across sales channels, and a flexible business model that eliminates long-term contracts and order minimums. Denton provided an overview of Ware2Go's service offerings and how his company is working with different companies amid the COVID-19 pandemic.

A recent report issued by Zipline Logistics, a Columbus, Ohio-based 3PL focusing on retail and consumer products, continues to drive home the importance of logistics for consumer packaged goods (CPG) shippers. Data for Zipline’s report, entitled “Retail Buyers Spotlight Practical Ways Brands Can Stand Out,” was based on a survey of CPG shippers conducted by Zipline.

With an eye on helping shippers meet delivery requirements set forth by retailers, non asset-based third-party logistics services provider Transplace said this week it has rolled out a new offering, entitled the “Weekly Supplier Performance Benchmarking Report.”