As an increasingly aware United States mobilizes to contain the spread the new coronavirus that causes COVID-19, the trucking industry is uniquely positioned to help in the containment effort-or further accelerate the spread of the pandemic.
Archive for the ‘FOOD & BEVERAGE’ Category
Kroger CEO: ‘There’s Plenty of Food in the Supply Chain’
If you ask Kroger CEO Rodney McMullen about the potential for food shortages amid the new coronavirus outbreak that’s spreading across America, he’ll tell you what he and other retail executives told President Trump on March 15.
Proposed tariffs on French goods could boost US wine sales
Americans will soon be drinking more wine that’s made in the U.S. French wine could be faced with tariffs as high as 100 percent, and as a result, U.S. winemakers will see a boost in business, with prices on some cases of Bordeaux increasing as much as $1,000, wine buyers and restaurateurs say.
USDA Food Price Outlook for 2019 and 2020
The USDA released a recent report with 2019 food price data, along with food price predictions for 2020. From October 2018 to October 2019 overall food prices increased 2.1%. The Consumer Price Index (CPI) for retail food purchases (food-at-home) was up 1.0%. The CPI for restaurant purchases (food-away-from-home) was up 3.3%.
Campbell sees soup business bouncing back
Campbell Soup Co.’s soup business played a prominent role in the company’s performance during the first quarter of fiscal 2020. On the positive side, the company grew its soup market share for the first time in 10 quarters. To the negative, the timing of U.S. soup shipments related to the later Thanksgiving holiday pressured quarterly […]
A french fry shortage could be coming after weak potato harvest
A shortage of french fries could be coming, Bloomberg reported Monday. Cold weather and the impact of Hurricane Dorian have damaged potato crops in the United States and Canada. That means smaller spuds and pressure on supplies for french fry processors, according to Bloomberg.
CDC officials worry E. coli outbreak could spread over Thanksgiving
The Centers for Disease Control and Prevention is warning consumers to check the labels of romaine lettuce and salad mixes they plan to serve at Thanksgiving dinner, worrying that an E. coli outbreak that has made 67 people sick across 19 states could get worse over the holiday. The CDC has identified romaine harvested in […]
U.S.D.A. announces refined sugar import increase
The U.S. Department of Agriculture on Nov. 25 announced that the U.S. Department of Commerce, at the U.S.D.A.’s request, approved an additional 100,000 short tons, raw value, of refined sugar imports from Mexico during 2019-20 (October-September marketing year).
What Marketing Strategies Do Top Food and Beverage Companies Swear By? Infiniti’s Latest Article Reveals It All
A well-known market intelligence company, Infiniti Research, has announced the completion of its latest article on the food and beverage industry. This article unveils the industry’s best kept secret on top marketing strategies used by some of the biggest names in the food and beverage sector.
59% of adults prefer snacking to meals, Mondelez study finds
Snacking is preferred to eating meals for 59% of adults worldwide. For millennials, that figure jumps to 70%, according to Mondelez International’s “State of Snacking” report. The report was released on Monday and conducted with The Harris Poll.