Skip to content
Search AI Powered

Latest Stories

inbound

They're just mad about saffron ...

FedEx awards $25,000 small business grant to purveyor of the mellow yellow spice.

A tin of Rumi Spice saffron
A tin of Rumi Spice saffron


Rumi Spice received a grant from FedEx to help it sell Afghan spices in the U.S. Growing saffron gives Afghan farmers a viable alternative to opium cultivation, Rumi says.

Fans of savory dishes like risotto Milanese, Spanish paella, or Indian biryani are familiar with saffron, the Middle Eastern spice that lends a golden yellow color and distinctive flavor to food. Transport and logistics giant FedEx Corp. may have gained some foodie cred when it awarded a $25,000 grant and $7,500 in business services to Rumi Spice, a Chicago-based business that markets saffron from Afghanistan to restaurants and consumers throughout the U.S., offering Afghan farmers a sustainable alternative to opium farming.


The prize was part of FedEx's sixth annual Small Business Grant Contest, which is aimed at helping small concerns grow their business both in the U.S. and internationally. Judges selected 10 winners from a field of 7,800 entries from across the country.

In addition to the grand prize, FedEx awarded $15,000 and $5,000 in FedEx Office services to the second-place winner, eco-friendly bottling company Drop Water of Menlo Park, Calif. Eight other businesses each received a $7,500 grant and $1,000 in office services. The recipients included Back of the Yards Coffee (Chicago), Blended Designs (Jacksonville, Fla.), Booze Dogs (Greenville, N.C.), Buckle Me Baby Coats (Londonderry, N.H.), Dauntless Wine Co. (Gaston, Ore.), Fiddlershop.com (Pompano Beach, Fla.), Locker Lifestyle (Grand Rapids, Mich.), and ZZZ Bears (Winston-Salem, N.C.).

Watch a video about Rumi Spice and its efforts to help Afghan farmers below.

The Latest

More Stories

AI sensors on manufacturing machine

AI firm Augury banks $75 million in fresh VC

The New York-based industrial artificial intelligence (AI) provider Augury has raised $75 million for its process optimization tools for manufacturers, in a deal that values the company at more than $1 billion, the firm said today.

According to Augury, its goal is deliver a new generation of AI solutions that provide the accuracy and reliability manufacturers need to make AI a trusted partner in every phase of the manufacturing process.

Keep ReadingShow less

Featured

AMR robots in a warehouse

Indian AMR firm Anscer expands to U.S. with new VC funding

The Indian warehouse robotics provider Anscer has landed new funding and is expanding into the U.S. with a new regional headquarters in Austin, Texas.

Bangalore-based Anscer had recently announced new financial backing from early-stage focused venture capital firm InfoEdge Ventures.

Keep ReadingShow less
Report: 65% of consumers made holiday returns this year

Report: 65% of consumers made holiday returns this year

Supply chains continue to deal with a growing volume of returns following the holiday peak season, and 2024 was no exception. Recent survey data from product information management technology company Akeneo showed that 65% of shoppers made holiday returns this year, with most reporting that their experience played a large role in their reason for doing so.

The survey—which included information from more than 1,000 U.S. consumers gathered in January—provides insight into the main reasons consumers return products, generational differences in return and online shopping behaviors, and the steadily growing influence that sustainability has on consumers.

Keep ReadingShow less

Automation delivers results for high-end designer

When you get the chance to automate your distribution center, take it.

That's exactly what leaders at interior design house Thibaut Design did when they relocated operations from two New Jersey distribution centers (DCs) into a single facility in Charlotte, North Carolina, in 2019. Moving to an "empty shell of a building," as Thibaut's Michael Fechter describes it, was the perfect time to switch from a manual picking system to an automated one—in this case, one that would be driven by voice-directed technology.

Keep ReadingShow less

In search of the right WMS

IT projects can be daunting, especially when the project involves upgrading a warehouse management system (WMS) to support an expansive network of warehousing and logistics facilities. Global third-party logistics service provider (3PL) CJ Logistics experienced this first-hand recently, embarking on a WMS selection process that would both upgrade performance and enhance security for its U.S. business network.

The company was operating on three different platforms across more than 35 warehouse facilities and wanted to pare that down to help standardize operations, optimize costs, and make it easier to scale the business, according to CIO Sean Moore.

Keep ReadingShow less