Shipping perishable foods is an emerging market. Those working from home are ordering more frozen foods because they are easier to handle and cook. Here’s how to ship perishables if you’re thinking about starting this business.
Before you ship a perishable product, you have to ensure that the packaging is well-insulated. The package has to keep heat away from the product to prevent it from going bad. Here are a few shipping solutions for temperature-sensitive products:
According to the new market research report “Hydraulic Cylinder Market by Function (Single Acting, Double Acting), Specification (Telescopic, Tie Rod, Mill Type, Welded), Application (Mobile and Industrial), Bore size, Industry, and Region – Global Forecast to 2023,” published by MarketsandMarkets™, the market is expected to be valued at $13.64 billion in 2017 and is projected to reach $19.3 billion by 2023, at a CAGR of 5.95% between 2017 and 2023.
Shipping software is a solution that offers the real time access to all the detailed information of shipments. It gives the on-time status i.e. the track of delivery, delivery status, customer information, etc. The software also makes possible the supply chain players to progress profitability by smart management and thus dropping cost per shipment. Therefore, this solution aids to supply chain department to gain higher profit margin. Growing import export trading industry is also projected to boom the shipping software market over the forecast period.
Wood is one of the widely used packaging solution used for fragile and heavy applications. In recent years, manufacturers are eying for sturdy and strong packaging formats like wooden & plywood packaging over plastic packaging as a packaging option for several end use products. The advantage of wooden & plywood packaging are abundant, such as better packaging solution for shipping and logistics.
The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo shipping market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. Global economic development, commodity supply and demand are key drivers fueling the growth of the global cargo shipping trade.
The marine fuel injection market is expected to grow from an estimated $4.3 billion in 2016 to $5.2 billion by 2021, at a CAGR of 3.9% from the 2016 to 2021. Growth of the shipbuilding industry, increase in international sea trade, and stringent marine emission would drive the market for marine fuel injection.
The rising utilization of protective packaging and transportation is expected to push the demand for insulated shipping boxes across the globe. There are various heat sensitive products in multiple industries such as food, pharmaceuticals, biotechnology and others which needs temperature controlled environment. Therefore most of the companies depend on the insulated shipping boxes for safe and secured transportation of their products.
Ship Security Alert System is part of the ISPS (International Ship and Port Facility Security) code, a safety measure that contributes to the International Maritime Organization’s (IMO)’s efforts for strengthening ship’s security. Ship Security Alert System (SSAS) allows transmission of a silent security alert to a flag state authority when the security of the ship is under threat or has been compromised.
According to a new market report published by Credence Research Inc “Bunkering Services Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2026,” with rising global trades and increasing demand for marine fuels globally. Bunkering refers to process of supplying fuel onboard vessels, typically using bunker tankers. Bunker tankers are used to store and carry fuel in order to re-fuel various vessels such as merchant, naval, fishing and several other vessels. Various types of fuel oil stored and carried by bunker tankers include marine diesel fuel (MDO), marine gasoil fuel (MGO), marine fuel oil (MFO), intermediate fuel oil (IFO) and heavy fuel oil (HFO) among others.
Bunker fuel generally is called as whatsoever fuel filled into a ship’s bunkers or marine fleet to operate its motors. Cargo ships in deep-sea guzzle an extensive, residual oil resultant to gasoline, diesel together with other light hydrocarbons are got rid of from the raw petroleum all the way through the refining process.
In bottle shippers, each bottle is nested in foam cavity that supports and protects the bottle from the damage. Bottle shippers are customized by the brand owners as per the requirement. The effective handling of glass bottles is done through protective foam packaging. The availability of shippers with temperature controlled systems which are physically tested driving the bottle shippers market growth.
Rust and corrosion are the barriers in transportation of metallic products, specifically in the aeronautics and military field. The anti-corrosion bags are used to protect these components from external reactions with environmental compounds. The manufacturers prefer packaging which does not affect the material life of the product.
Smart fleet management systems allow fleet operators to track vehicles remotely using the GPS technology that helps in coordinating, managing, and simplifying transport/freight related activities. Smart fleet management systems simplify transport related activities and helps in minimizing the overall transportation costs through cost effective and optimum utilization of available resources.
Increase in global trade of various temperature-sensitive products has facilitated quantitative growth of companies to gradually invest in insulated packaging solutions over the last two decades.
A new report by Future Market Insights (FMI) has projected the global market for bubble wrap packaging to ride on an impressive CAGR over the forecast period, 2017 to 2026. Revenues from sales of bubble wrap packaging across the globe is poised to reach nearly $3.5 billion by 2026.
The global autonomous ships market was valued US$ 56.75 billion in 2016 and is expected to grow at a CAGR of 12.8% during the forecast period from 2017 to 2025, according to a new market research report published by Credence Research “Autonomous Ships Market.
According to the U.S. Coast Guard, 96% of all marine casualty occur due to human errors such as negligence and laxity in assigned duties. The aforementioned factor is quite serious and hence has given rise to the thought of autonomous ships. Autonomous ships are state-of-the-art maritime transport developed to meet competitiveness, safety and sustainability challenges of marine transportation.
This week, Durig Capital takes a look at a leading marine transportation company. Teekay Corporation provides marine transportation, storage, and vessel leasing for the oil and natural gas industry. The company’s third quarter saw increases in its subsidiaries revenues over second quarter. Here are some highlights from its third quarter results.
Teekay Tankers nearly doubled its quarterly revenues from the prior year period.
Teekay Corporation recorded adjusted cash flow from vessel operations of $19.8 million as compared to $1.2 million a year earlier.
Teekay LNG revenues increased to $123.3 million as compared to $104.3 million a year earlier.
As the strains of holiday music increase, cargo and trailer theft does too. With annual losses attributed to cargo and trailer thefts estimated in the billions of dollars, MaTrack Fleet Tracking Management system announced its Trailer Safe & Theft Recovery this week to help individual truckers and transportation companies across the nation keep their cargo and trailers safe this holiday season. Through this campaign, MaTrack provides simple, cost effective methods to monitor and quickly recover detachable trailers.
According to the American Journal for Transportation, thefts at truck stops were the most common in second-quarter 2018, while thefts at secured yard locations were the next most common loss category with an increase in theft at parking lot locations, such as those of major retailers. The cargo in each theft reported was worth an average of $149,522, bringing the total estimated loss to $28.7 million for one quarter.
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