Nestle voiced its support Wednesday for legislation proposed in the House and Senate that aims to reduce food waste by standardizing date labels on food and beverage products. General Mills also announced its support for a national date labeling standard.
Category Archives: FOOD & BEVERAGE
A California assemblyman is pulling the bill he authored which would have imposed a two-cents-per-ounce tax on sugary beverages. The bill’s withdrawal is a win for soda and sugary drink manufacturers. California is a state that often incites nutrition-related changes that eventually become more widespread across the country. If more California cities were to propose and pass soda taxes (as Berkeley already did in 2014), then the push for this type of legislation could become more common.
The U.S. food industry is forecast to grow at a steady compound annual growth rate of 2.9% through 2022, according to the just-released 2016 Food Packaging Trends and Advances report from PMMI, The Association for Packaging and Processing Technologies.
Amazon’s done it to books. And electronics. And clothing. Now it wants to rule the grocery aisles. But Amazon still has a ways to go — the online retailing behemoth has taken a slow, yet calculated approach to attacking the grocery store.
The growing desire for green food and being constantly tuned into technology may seem typical of U.S. consumers today, but that cultural demographic is far from alone. Because many food and beverage manufacturers serve international and multicultural populations, these companies have to step back and recognize the global trends that impact purchasing decisions.
Natural ingredients. Soda’s decline. The rise of energy drinks, dairy alternatives, and ready-to-drink tea and coffee — manufacturers are already aware of major movements sweeping through the beverage industry. But lesser-known trends are poised to be just as disruptive.
Forced to reckon with a prolonged period of low energy prices, oil chiefs at the annual IHS CERAWeek energy gathering sought to portray themselves as steely survivors in an industry grappling with spending cuts and asset sales.
(This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)
Washington state suffered an economic impact of $769.5 million due to labor disruptions at West Coast ports this past year, according to one of the most detailed analyses of the impact of a labor disruption on U.S. business and industry.
(This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Intermodal continues to carry the day for the North American freight railroad industry, registering a gain of nearly 20% for the week ending Feb. 20, 2016, the third consecutive week of double-digit growth, compared to the prior-year period, and offsetting weak carload traffic—which includes a sharp drop in crude oil.
The Association of American Railroads (AAR) yesterday unveiled a new installment of its “Freight Rail Works” campaign, which highlights the role freight railroads play in the national economy. The 2016 campaign explains the amount of freight — from cars to consumer goods to large-scale industrial materials — moved every year for each American, according to an AAR press release.