The Food Service Market Is Expected to Reach 5,194.60 Billion by 2029
According to recent research by Fortune Business Insights, the global food service market is expected to reach 5,194.60 billion by 2029 at a CAGR of 10.76%.
Panera Is Testing AI Voice Ordering 
Panera is testing AI voice ordering at two of their Rochester, New York locations.
Is China’s Heat Wave the Next Global Supply Chain Disruptor?
The Chinese province of Sichuan is currently experiencing a major heat wave and drought. Sichuan is a large hub of international manufacturing, so this is especially bad news for the global supply chain.
Kiosks Helped This Restaurant Chain Grow Their Check Size by 18.5%
When BurgerFi added self-service kiosks as a test, their average check size increased by 18.5%. Since this was a smashing success, they have incorporated kiosks throughout their chains
By 2026, the Freight Forwarding Global Market Is Expected to Increase to $220.34 Billion
According to a recent report by ResearchAndMarkets, the global freight forwarding market is expected to increase to $191.71 billion this year. By 2026, the market is expected to increase to $220.34 billion at a compound annual growth rate of 3.5%.
Although Freight Rates Declined in July, That Doesn’t Mean Supply Chain Issues Are Fixed
Although freight rates declined by almost 2% in July, that doesn’t mean that supply chain issues are fixed.
China Has Suspended All Imports From Australia and New Zealand
The China Federation of Logistics and Purchasing has announced that China will be suspending all imports from Australia and New Zealand immediately.
Did You Download a Fast-Food App in July?
Did you download a fast-food app in July? If so, you contribute to a new record!
New China-US Shipping Line to Launch
the service is starting with sailings between Humen and Taicang in China sailing to Portland, Oregon.
Congestion Slows in Supply Chain
With a less congested supply chain, we can receive our goods not only quicker but for a lower price as well.