Today's Headline

Westfalia expands avocado operations to India through new JV

The major avocado supplier expects the country to become a "very strategic part" of the its growth path, amid plans to sell to Indian retailers and wholesale markets with both domestically-grown fruit and imports.
April 29 , 2022

Chilean cherry 2021-22 season: record shipments impeded by logistical issues

Shipments to Asia account for the vast majority of Chilean cherry exports, although exports to the U.S. did double in the past season.
April 29 , 2022

Frustrations mount as sea shippers cash in on logistics crisis

Fruit growers and exporters express their frustration with an industry that posted some US$200B in earnings in 2021, nearly double the 20 years of prior profits, combined. 
April 28 , 2022

China's Zero Covid policy to renew U.S. West Coast port congestion, expert warns

Dr. Sara Hsu, an expert in Chinese fintech and economic development, wrote that once the strict lockdown in Shanghai is lifted, the backlog of goods waiting to enter ports on the other side of the Pacific Ocean will renew.
April 27 , 2022

GrubMarket acquires South American fruit firm in expansion bid

The fruit ecommerce tech platform has locked in multiple acquisitions since a US$120M investment round and US$1.2B valuation last year, this acquisition marks its first in South America.
April 26 , 2022

Chile expects drop in citrus exports 

Drought in growing regions is affecting volumes of the main citrus crops, with the exporters association warning that logistics and disruptions related to the war in Ukraine will also take a toll on results for the season.
April 25 , 2022

South America Blueberry Convention kicks off with a call for quality, new varieties and innovation 

The competitive offer of counter-season blueberries from South America has heated up in recent years, and the convention provided a forum to discuss the factor which would determine the winners in the future of the supply in this fruit.
April 21 , 2022

Westfalia details water sustainability strategy

Westfalia's irrigation system helped it improve its water-use efficiency by 14 per cent in 2020 and will be implemented in mĂșltiple growing nations.
April 21 , 2022

Global Cherry Summit: Forming a union to overcome obstacles

The Global Cherry Summit successfully brought together industry professionals -in person and virtually- from around the world, with a clear call to action to find common ground to overcome successive challenging seasons and an uncertain future.
April 19 , 2022

Dip in reefer rates between North Europe to Far East

The long term market for refrigerated containers has seen its first easing in rates for routes between Northern Europe and the Far East.
April 19 , 2022