Today’s food wastage costs the world’s economy about $1 trillion per year

It’s estimated that 1.3 billion metric tons of meals are misplaced or wasted yearly, translating to a monetary lack of $1 trillion USD per yr. And with out important adjustments, this downside is predicted to develop to 2.1 billion metric tons and $1.5 trillion by 2030.

Staggering as these numbers is likely to be, they don’t take into consideration the hidden prices of meals manufacturing, together with labor, storage and salvage or the prices associated to buyer dissatisfaction, misplaced alternatives, and stock/stocking stage imprecision.

Shockingly, one-third of all meals produced for human consumption is misplaced as a result of wastage, which not solely has important monetary implications, but in addition has environmental and social implications as nicely.

The commodities with the best stage of waste are:

● Fruit and veggies (45%)— equal to three.7 trillion apples

● Roots and tubers (45%) – equal to 1 billion luggage of potatoes

● Fish and seafood (35%) – equal to three billion Atlantic salmon

● Meat (20%) – equal to 75 million cows

Meals waste and loss is pervasive all through all the meals worth chain – from farm to fork as they are saying. Harvesting, manufacturing, packaging, transporting and inventory rotation in addition to the customers’ tendency to overbuy all contribute to extreme waste and spoilage.

Whereas there are plenty of variables impacting meals wastage, roughly 7-15% of the wastage occurs throughout transport. There are lots of components that might influence the within temperature of a container – fluctuating regional outdoors temperatures all through the chain, how full the container is, and even the opening of a container door. Even at 40 levels Fahrenheit, meals high quality can start to deteriorate, and micro organism can start to develop in only one hour.

Because the main refrigerated tools lessor, SeaCube understands the significance of optimizing tools and using expertise to mitigate perishable wastage occurring throughout transport. Each Provider reefer within the SeaCube fleet will likely be geared up with the Provider Lynx Fleet Administration resolution, which is able to present enhanced visibility to indicate the place the container is, how it’s performing in addition to what is occurring contained in the container.

The Provider Lynx Fleet resolution consists of proprietary expertise that screens reefer unit efficiency and gives early warning actionable diagnostics and predictive analytics right down to the extent of the machine’s elements. Lynx Fleet will provide prognostics and knowledge analytics on Provider and non-Provider tools with options that present differentiation corresponding to improved fleet uptime, diminished operational prices and incremental worth via decrease cargo spoilage.

The utilization of telematics expertise within the intermodal provide chain permits for larger collaboration, elevated transparency, and real-time info of the precise location and inside temperature of a container. Software program utilizing superior algorithms gives notification of any important occasions on route in addition to predictive evaluation that allows the planning of upkeep and restore earlier than an occasion happens.

SeaCube is dedicated to a forward-looking technique that features expertise and telematics that may allow its prospects to optimize their fleet, enhance uptime and management circumstances that shield their cargo.

Some meals wastage is inevitable, however SeaCube believes it’s their accountability to make the most of out there expertise to cut back waste and guarantee perishables make it to their vacation spot intact.