The Food Safety Modernization Act (FSMA) defines a new standard of safety measures for delivering food and beverages, one that ensures higher sanitization in the freight industry. Created from industry best practices and signed into law in 2011, the FSMA actually gives shippers opportunities to reduce costs and improve operations.
It’s a dreaded word that no food manufacturer wants to hear…RECALL. The cause of over 48 million illnesses annually, nearly 25-30 food contamination incidents occur globally each week. 1 According to a study conducted by Ohio State University’s Robert Scharff, food recalls cost an estimated $55.5 billion a year when factoring in medical expenses, productivity loss and mortality. 2But how does this translate from a company standpoint?
Freight Index: According to the U.S. Department of Transportation’s Bureau of Transportation Statistics, freight transported via trucks, rail, air, waterways and pipelines decreased nationwide by 0.8% in June.1 The loss was mainly suffered by trucks and waterways while freight via air, intermodal and rail carloads saw an increase in freight.1