Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Technology

FTW Pick: Putting food logistics chains on the block

05 Oct 2017 - by Ed Richardson
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Ten global food companies have teamed up with IBM to use blockchain technology in order to reduce losses and to improve food safety.

One in 10 people around the world suffer from food poisoning every year – and 420 000 of them die, according to the World Health Organisation.

The UN Food and Agriculture Organisation (FAO) estimates that up to one third of all food (or 1.3 billion tons) is spoiled or squandered before it is consumed by people. Put in monetary terms, food losses and waste amount to roughly US$680 billion in industrialised countries and US$310 billion in developing countries.

The companies that are collaborating in developing a blockchain logistics network are Dole, Driscoll’s, Golden State Foods, Kroger, McCormick and Company, McLane Company, Nestlé, Tyson Foods, Unilever and Walmart.

To read the full article, and other stories from FTW, click here.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

SA and Nigeria relations key to Africa’s growth

Africa
Economy

Bilateral talks between the countries’ presidents this week focused on trade and the economy.

21 Jun 2024
0 Comments

Grindrod SA wins R285m container terminal bid

Economy
Logistics

The company will develop and run the proposed new container handling facility at the Port of Richards Bay.

20 Jun 2024
0 Comments

Transnet appoints Lekau Letsoalo as group COO

Logistics

He will return to the port operator after spending more than a decade in the private sector.

20 Jun 2024
0 Comments

Red Sea crisis hits Suez Canal revenue

Logistics
Sea Freight

Six months after Houthi rebels in Yemen started attacking ships traversing the Red Sea, the Suez Canal Authority’s finances are taking a beating.

20 Jun 2024
0 Comments

Futuroad Expo gears up to welcome African delegates

Africa
Logistics
Road/Rail Freight

The event is making strides in growing trade in trucks, buses and commercial vehicles on the continent.

20 Jun 2024
0 Comments

Chicken imports soar on the back of tariff cuts

Imports and Exports

Tariff cuts cause chicken imports to soar to record level.

20 Jun 2024
0 Comments

China records strongest seafarer wage growth

Sea Freight

The country’s robust economy has created competition for skilled labour from land-based employers.

20 Jun 2024
0 Comments

Shipping lines seek protection in Red Sea

Sea Freight

The industry has urged states with influence in the region to take action to safeguard seafarers.

20 Jun 2024
0 Comments

Consumer inflation holds steady

Domestic
Economy

But the price of transport has risen on the back of the stubbornly high cost of fuel despite a few recent price drops.

19 Jun 2024
0 Comments

Police swoop on counterfeit operation

Domestic
Other

Sewing machines, a hot press and fake branded clothing were seized during the raid.

19 Jun 2024
0 Comments

New maritime cyber security body launches

Sea Freight
Technology

The international organisation will train security personnel and track cyber security risk trends.

19 Jun 2024
0 Comments

Ports bounce back after dismal week

Imports and Exports
Logistics

Cargo handling at the country’s ports bounced back last week after inclement weather choked throughput in the first week of June.

19 Jun 2024
0 Comments
  • More

FeatureClick to view

Namibia 23 May 2025

Border Beat

BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
More
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us