First off the bat, what are accessorial charges? Accessorial charges are fees added to a freight bill for additional services a carrier might provide a CPG brand. These are a la carte and fall outside of standard shipping and receiving charges. They are mode-agnostic but are known to occur most often with LTL shipments. […]

Food and beverage manufacturers are often faced with figuring out what to do with product that is near its “sell by,” “use by,” or “best by” date. These dates prevent them from being able to sell through traditional customer channels and they must find new ways to salvage not only the product but the […]

This article was originally published in Supply and Demand Chain Executive. Consumer packaged goods companies have seen inflation trend higher than the national index. Here’s why value-added partnerships will build an optimized, transparent, adaptable and resilient supply chain. In recent years, the United States has experienced events that have altered the day-to-day lives of […]

Since the decline of the COVID-19 pandemic, shippers have gradually seen negotiating leverage return to their hands as freight volumes fell below the number of available trucks and the market soften drastically.  What is a soft market?   Currently the Outbound Tender Reject Index (OTRI) — a measure of how often carriers reject their contracted […]

Did you know…?  The most recent valuation of the sports equipment & apparel market totaled to $340.6 Billion. This industry includes sports equipment, apparel, and shoes. It’s then segmented into categories including bike, outdoor, tennis, other racket sports, running, fitness, football/soccer, other team sports, winter sports, watersports, and others. Top manufacturers of sporting goods […]

Did you know…?  In 2022, the global toys & games industry reached a value of $109.3 Billion. This industry includes segments such as dolls, toy cars, plush toys, construction sets, and board games. Top manufacturers of toys & games by revenue include Hasbro, The Lego Group, LeapFrog Enterprises, MGA Entertainment, and Vivid Imaginations. As […]

Did you know…?  In 2023, the global healthcare market is projected to be worth almost $60.72 Billion U.S. dollars. The healthcare market includes segments such as digestives & intestinal remedies, analgesics, hand sanitizer, skin treatment, cold & cough remedies, incontinence (bladder control products), and vitamins & minerals. Key retailers in the healthcare industry include […]

Did you know…?  In 2023, the global footwear market is projected to be worth almost $445 Billion U.S. dollars. The largest shoe brand in the U.S. is Nike, with an annual revenue of $44.5 Billion. The average American owns 20 pairs of shoes, with men owning an average of 12 pairs and women owning […]

Are you an HVL shipper? High value load (HVL) shippers usually include manufacturers of electronics, healthcare products, high end apparel, or other luxury goods. As a rule of thumb, a truckload valued at $100,000 or higher is usually considered HVL.  The Cost of Poor Logistics Performance  High value products obviously cost top dollar to […]

Article originally published by Progressive Grocer. You’re a CPG brand and you’ve done the hard work. You’ve taken your brand from an idea to physical product, determined packaging and pricing, and landed shelf space at a retail store. From here, your sales team usually takes over the relationship with the person who decides if […]

Did you know…?  The global household cleaning products market was valued at $247.94 billion in 2022. Procter & Gamble, Unilever, and Henkel are the largest household cleaning brands by revenue. Laundry detergent makes up the largest share of the global household cleaning products market, valued at over $96 billion. With constant product launches following […]