A recent study found that Idaho potato growers and shippers will continue to face challenging shipping costs this year and next. USDA reported the average rate for refrigerated trucks rose by 40% compared to last year. This increase in prices comes on the back of already-high costs with spikes in prices since 2019. The reason? Truck capacity continues to be a challenge. Between supply chain-induced parts shortages, a decrease in workers and increased retail spending, availble capacity remains tight. Shippers and retailers alike are encouraged to plan ahead and do all they can to make themselves preferred customers. Read more on challenges impacting the potato industry.
Featured
-
Fertilizer Studies Reveal Largest ROIJanuary 23, 2023
-
China’s projected population decline presents problems for international tradeJanuary 24, 2023
-
California Grape Growers Watch Trends and Supply as Wine Industry EvolvesJanuary 27, 2023
-
California Rain Brings Optimism, Slow Start to Citrus HarvestJanuary 23, 2023
-
41% of U.S. Consumers Switching to Store Brands to Combat Rising Food CostsJanuary 23, 2023