Presented by FreightWaves, in partnership with ArcBest, the Shipper of Choice award recognizes the manufacturers, distributors and retailers who do the best job of keeping the American economy moving by fighting driver detention, providing accessible facilities, and understanding what it takes to remove inefficiencies from the supply chain.
Among the Top 25 Shippers of Choice for 2021 is … Campbell Soup Co.
About Campbell Soup
New York Stock Exchange ticker
CPB
Headquarters
Camden, New Jersey
2020 revenue
$8.691 billion
2020 net income
$1.628 billion
Shipper of Choice history
2019 (Top 25), 2021 (Top 25)
Nomination notes for Campbell Soup
Campbell Soup Co. and its subsidiaries revamped its supply chain network to handle a significant increase in demand for its soup and snack products as more consumers increased their at-home food purchases during the COVID-19 pandemic.
The company said its distribution costs decreased in 2020 “due to a decline in transportation and logistics costs, driven by excess availability, warehousing efficiencies and lower fuel costs,” according to its 2020 annual report. However, Campbell’s also stated that it has “experienced a recent increase in transportation and logistics costs.”
Campbell’s stated it expects supply pressures to continue throughout 2021 to source certain ingredients and packaging, including steel, aluminum, glass, agricultural products, proteins and other commodities, because of the pandemic.
Since the outset of the pandemic, Campbell’s said its top priorities included taking care of employees; producing and distributing products as safely and quickly as possible for customers, consumers and communities across North America; and anticipating and planning for the future.
The company also launched new commitments to reduce packaging waste by increasing circularity — keeping materials in use and out of landfills. It committed to transitioning 100% of packaging to recyclable or industrially compostable materials and designs by 2030.
Shipper of Choice related links
SONAR: Six hallmarks of Shipper of Choice winners
Complete coverage of FreightWaves Shipper of Choice award
About Shipper of Choice partner ArcBest
With a relentless focus on meeting customers’ needs and unique access to guaranteed transportation capacity, ArcBest creates solutions to even the most complex supply chain challenges. The company focuses on providing the best customer experience possible with seamless access to a broad suite of logistics capabilities, including truckload, LTL, ocean and air, ground expedite, managed transportation and warehousing.