article thumbnail

Can Blockchain Technology Prevent Organic Fraud?

The UCLA Anderson Global Supply Chain Blog

By 2017, the US organic market was valued at over US$43 billion and it is expected to reach $70 billion by 2025. . . Because supply cannot meet demand of organic foods, retailers, feed companies, and packaged food manufacturers are importing organic foods from India, Ukraine, Turkey, Romania, etc.

article thumbnail

FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

According to eMarketer , global e-commerce retail sales will rise to $5.542 trillion this year and surpass $7.391 trillion by 2025. That’s especially true as e-commerce grows through 2022 and beyond. Virgin Islands). 8 Includes Micronesia, Guam, Indonesia, Japan, Cambodia, Laos, Marshall Islands, Mongolia, Palau, and Wallis and Futuna.