In a recent Freightwaves video “Keeping the Cold in Cold Chain”, Fred WU, CEO of DeltaTrak breaks down ways to improve efficiency and ensure temperature-sensitive goods are protected.
Having just had some of the hottest summers on record, there are increasing pressures on the cold chain. The rising cost of shipping, which has more than tripled for a 40-foot container, affects temperature-sensitive goods significantly. The key is to manage the risk and value of the cargo effectively. Real-time monitoring allows DeltaTrak to mitigate risks by adjusting plans based on current conditions. For example, if a shipment is delayed due to weather, alternative transportation can be arranged to avoid compromising the quality of the goods.
Corrective actions might include adjusting logistics to accommodate delays, using maritime traffic data to plan accordingly, and ensuring that containers are not left in high-temperature conditions. By having real-time data on the location and condition of cargo, shippers can avoid unnecessary risks and manage the increased costs more effectively.
Innovations in the cold chain, such as enhanced shelf life monitoring, are also promising. Historically, inspections have only happened at the time of receipt, which do not account for the hidden shelf life—the deterioration that occurs before the product reaches its final destination. New data analytics can track shelf life throughout the supply chain, potentially allowing consumers to see the real shelf life of products, rather than relying on labels alone. This could help reduce food waste and ensure better quality for consumers.
To learn more, click to watch the video.