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Food & Beverage: Page 47

How Will 2023’s Peak Season Compare to Others?

If businesses fail to get rid of their supplies, they will be forced to refinance all their debt at much higher interest rates.

Photo: iStock.com/ake1150sb

U.K., Europe, Doing Little to Address Forced Labor in China’s Seafood Industry

While the U.S. government has taken some steps to block such imports, neither the British government nor the European Union has followed Washington’s lead.

Photo: iStock.com/LUNAMARINA

Procurement’s Need for Digital Transformation in the Spotlight at DPW 2023

Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.

The bots are coming. Are you ready? Photo: Helen Atkinson

U.S. Producer Prices Rise by More Than Forecast on Gasoline, Food

The producer price index for final demand advanced 0.5% from August to September, marking the third-straight month of increases.

Photo: iStock.com/SupawadeeAdam

IMF Warns Fragmentation Imperils Food Security, Green Transition

Minerals critical for the green transition and highly traded agricultural products are especially vulnerable to “geo-economic fragmentation,” the IMF said October 3.

Torun, Poland. Photo: Bartek Sadowski/Bloomberg

India to Cut Floor Price for Basmati Exports to Stay Competitive

The nation, which has curbed overseas sales of all grades of rice to control domestic food inflation, will reduce the minimum export price to $850 a ton from $1,200.

Ambala, India. October 2022. Photo: T. Narayan/Bloomberg

India Rice Export Ban Is Fueling Risk of Social Unrest, UN Says

Prices of the crop, a staple for half the world, surged to the highest levels in almost 15 years after the globe's top shipper began curbing exports.

Ambala, India. Photo: Bloomberg

Kenya and Ukraine Planning “Grain Hub” to Combat African Food Insecurity

The leaders of Ukraine and Kenya did not provide any details on how the grain hub would be set up or how grain would be transported to Africa.

Photo: iStock.com/Michele Ursi

Chinese Seafood Imports from Japan Fell After Release of Fukushima Water

Japan said that China was the world’s biggest importer of Japanese seafood in 2022 after the country acquired $571 million of seafood.

Photo: iStock.com/ahirao_photo

Kroger and Albertsons Plan to Sell 413 Stores, Kroger Gains Supply Chain Efficiencies

Kroger said it has achieved “meaningful operational efficiencies” in its supply chain through improved transport capacity utilization and increased productivity in its warehouses and across its network.

Kendallville, Indiana. Photo: iStock / jetcityimage

Food Prices Resume Decline Despite Lingering Supply Threats

An index of food-commodity costs fell by 2.1% in August on subdued demand and good outputs of vegetable oils and milk.

Torun, Poland. Photo: Bloomberg

Tyson Foods Dealing with Excess Inventory, Low Demand

Tyson recently closed down its Van Buren, Arkansas plant, one of six planned shutdowns to cut costs as Tyson deals with flat demand and a drop in wholesale prices.

New Holland, PA. iStock.com/gsheldon

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

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