Food Logistics

OCT 2014

Food Logistics serves the entire food supply chain industry with targeted content for manufacturers, retailers, and distributors.

Issue link:

Contents of this Issue


Page 11 of 39

12 OCTOBER 2014 • FOOD LOGISTICS L O G I S T I C S T R E N D S I N O U R I N D U S T R Y FOOD ON THE MOVE Port Tampa Bay Signs Agreement With Cartagena, Columbia Port Port Tampa Bay signed a memorandum of understanding agreement with the Port of Cartagena, Colombia that strengthens the bond of comradeship between the two ports and establishes a strategic alliance for collaboration toward commercial pursuits. This recent signing is the latest in a string of similar agreements brought to fruition between Florida's largest port and other key Latin American ports such as Quequén, Argentina; Barranquilla, Colom- bia; Veracruz, Mexico; JAPDEVA, Costa Rica; and the Panama Canal Authority. As with existing "sister port" agreements, this latest one with Cartagena's port will encourage and support a working business relationship and opportunities for trade growth between the ports and establishes an alliance of cooperation between two ports with similar diverse business portfolios and growth plans. The Latin American trade lane is the strongest and most active for Tampa's large and diverse port. Last Mile Carrier LaserShip Teams With ProShip Inc. ProShip, Inc. announced a partnership with LaserShip, the premier last mile parcel carrier that serves the U.S. East Coast. The newfound relationship between ProShip and LaserShip, headquartered in Vienna, Va., will provide a mutual benefit to both of the companies and their customers as ProShip is now recognized as compliant with an additional East Coast carrier. Known for its delivery network, which enhances the speed of shipping, LaserShip will be another carrier for ProShip's customers to choose from when shipping packages. Farmbox Direct Subscription Delivers Local, Organic Produce Farmbox Direct brings 100 percent USDA-certified, organic, seasonal and pesticide-free produce to customers weekly on a subscription basis from New York to Washington D.C. Farmbox Direct offers three different size boxes ranging from $36.95 to $58.95. Following the company's launch in Manhattan and Brooklyn, Farmbox Direct has expanded throughout the East Coast and plans to expand and serve customers nation- ally. This fall, Farmbox Direct will make its first move on the national stage, releasing a monthly subscription box stocked with up to 12 packaged snacks—everything from pop- corn and cookies to rice—that will ship out on the 15th of the month. Prices will range from $20 to $30, and customers can elect to continue ordering any of the products in future deliveries. Transportation Investment To Grow Fast In Africa And Asia Global capital project and infrastructure spending in Africa is expected to grow to more than $9 trillion annually by 2025, up from $4 trillion in 2012, according to a new report issued by PwC, "Capital Project and Infrastructure Spending: Outlook to 2025." The report, for which Oxfords Economics provided research support, analyzes infrastruc- ture spending across 49 of the world's largest economies, which account for 90 percent of global economic output. It covers five industry sectors – extraction, utilities, manu- facturing, transport and social – and forecasts their impact on seven major world economic regions (Western Europe, Latin America, Asia-Pacific, Middle East, sub-Saharan Africa, Former Soviet Union, and Central and East- ern Europe). It estimates the scale of current infrastructure investment and assesses the prospects for future investment from now to 2025. Overall, close to $78 trillion is expected to be spent globally between now and 2025 on capital projects and infrastructure. The report finds that during 2011 to 2012, the global infrastructure market rebounded F rench container shipping group CMA CGM has created an alliance with two rivals after an attempt to partner with Maersk and Switzerland's MSC was vetoed by China earlier this year due to competition concerns, according to Reuters News. CMA CGM has agreed to a route-sharing alliance with China Shipping Container Lines Co Ltd. (CSCL) and United Arab Shipping Co. (UASC) to be known as Ocean Three in a bid to save costs on key container routes. The shipping indus- try has been battling over- capacity linked to a glut of new vessels ordered during a boom period before the global financial crisis of 2007-2009, forcing operators to look for ways of becoming more efficient. CMA CGM said the new alliance would cover routes between Asia and Europe, as well as Asia and North America. CMA CGM, China Container and United Arab Shipping Form 3-Way Alliance Ashley Tyrner, founder and CEO of Farmbox Direct, brings 100 percent USDA certified organic seasonal, and pesticide-free produce to customers weekly on a subscription basis from New York to Washington D.C. Raul Alfonso, left, Port Tampa Bay executive vice president, shakes hands with Giovanni Benedetti, Port of Cartagena com- mercial director.

Articles in this issue

Archives of this issue

view archives of Food Logistics - OCT 2014