Fresh Del Monte has announced two logistics deals in the last month that leverage the produce giant's supply chain assets, part of its effort to expand supply chain services amid high shipping prices and soaring demand. The produce company said last Tuesday it would partner with supply chain management firm Stord, allowing customers of the Atlanta-based company to use Del Monte's cold storage infrastructure. Financial terms were not disclosed.
Del Monte, in partnership with Trinity Logistics, also announced earlier this month that it would expand its agreement with Happy Egg Co. As part of the deal, the egg producer will use Del Monte's truck fleet and temperature-controlled warehouses to distribute and fulfill orders in five additional states, including Florida and California.
The partnerships with Happy Egg and Stord allow Fresh Del Monte to continue to grow its distribution network and better utilize assets including shipping vessels, warehouses and cold storage infrastructure. The produce company will be handling a suite of services for Happy Egg, including drayage, refrigerated warehouse services, refrigerated LTL distribution, last-mile delivery, cross-dock, ripening services, and truckload brokerage according to a release. 'We believe this is an exciting new chapter for the company offering additional revenue by making our reliable logistics infrastructure available to others," Chief Operating Officer Mohammed Abbas said in a statement announcing the Happy Egg deal.