FreightWaves has unveiled its seventh annual FreightTech 100 list, spotlighting the most innovative companies in the freight technology sector. The FreightTech 100 list is produced by a panel of journalists, analysts and experts chosen by FreightWaves. The voting form included more than 250 companies with information condensed of nearly 900 nominations.

The list will undergo further scrutiny by third-party auditor Henderson, Hutcherson and and McCullough (HHM). The firm will conduct voting among more than 80 executives, investors and academics from across the industry to determine FreightTech 25.

Evigence innovative technology measures food freshness in a new, smarter way to help food companies and supply chain leaders go beyond the date code – guaranteeing food quality and safety, reducing waste and operational inefficiencies, and ultimately improving the profitability and sustainability of their businesses. Its integrated visual scanning technology, augmented reality and AI-powered analytics platform provides the real-time and trend-based insights needed to unlock a new era of freshness transparency and traceability across the cold chain.

With approximately one-third of the food produced worldwide wasted annually, creating more efficient and sustainable supply chains has become a global imperative. But while recent studies have found that nearly half of the 1.3 billion tons of global food wasted each year could be prevented by optimized, fully refrigerated food supply chains, current freshness measurements fall short.

While perishable foods spoil primarily as a result of cumulative temperature exposure over time, existing solutions either only capture temperature at select points in the supply chain, cannot differentiate freshness at the unit level or ignore temperature conditions altogether. Making cold chain management for the food industry even more complicated, each perishable item has different environmental requirements for optimal freshness and seemingly minor variations like a single degree of temperature can add to or cut shelf life by 10%. Based on Evigence data from trials with food industry partners, the shelf lives of retail units vary 30-40% on average in the same delivery or pallet, while the actual remaining life of fresh foods varies anywhere from 50-100%, meaning products often have half or double the expected shelf life.

Food companies need real-time insights and alerts to better address freshness loss at the unit level at every stage of the supply chain – from acceptance levels upon delivery to the detection of freshness compromises during freight and transport routes and distribution center holdings. Perishable foods spoil primarily as a result of cumulative temperature exposure over time, but existing solutions either only capture temperature at select points in the supply chain, cannot differentiate freshness at the unit level or ignore temperature conditions altogether.

Evigence provides powerful analytics based on data from advanced sensors to intuitively monitor food freshness in real time, at the item level, all the way from production to consumption. Armed with novel supply chain visibility and accurate freshness insights, its customers can quickly make informed decisions with confidence to take proactive action to optimize freshness in supply chains, inventory and even in consumers' homes.

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