The Food and Agriculture Organization of the United Nations (FAO) Food Price Index averaged 135.7 points in January, 1.1 percent higher than December and the highest level in 11 years. Driving the latest increase were month-over-month increases in the FAO Vegetable Oils Price Index and the Dairy Price Index of 4.2% and 2.4%, respectively. Palm […]
Nestle’s corporate strategy the past several years has prepared it for the highly inflationary environment we now find ourselves in. The main thing that stood out to me in Nestle’s full-year 2021 results, which were reported Thursday, was the stability in the company’s margins, which was highly impressive considering the tremendous margin pressure that many […]
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Valentine’s Day supply chain dance, retail returns may never end, and avocado toast prices are here to ruin millennials’ home-buying chances.
The second-biggest day of eating, autonomous truck routes here to stay, and Canada is open again, except in two places.
This is the best article I saw in recent days relevant to CPG companies — Just Food described how consumer behavior will likely change in response to sharp inflation in food prices. The good news for CPG companies is that history shows that consumers will cut back on eating out at restaurants (first trading down […]
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
An internal process audit can be easier than you think, ships waiting for berths in San Pedro Bay have finally decreased, and Canada can’t quit with border issues.
Auditing isn’t just for the big four accounting firms, Mexico struggles with the cross-border vaccine mandate, and has Central Freight Lines shorted drivers on pay?
Following disappointing earnings on Thursday afternoon, Clorox (NYSE: CLX) shares fell 14.3% on Friday, making it the day’s worst-performing stock on the S&P 500. One of the lowlights was the company’s gross margin, which declined 1,240 basis points year-over-year in its fiscal second quarter to 33% from 45.5% one year earlier. That contraction was primarily […]
Does a shorter interview and hiring process really help? Canadian truckers and protesters block the border, and Winter Storm Landon assaults the Midwest.
Attracting and retaining top talent isn’t easy; Lunar New Year has begun, Loadsmart reaches unicorn status; and the Midwest braces for winter weather.
Mondelez sees logistics costs rising worldwide, but not at the same pace as in the U.S. The Chicago-based snack maker cited a severe imbalance between supply and demand for truck capacity and container availability in the U.S. and U.K. Meanwhile, the company’s costs outside of logistics, such as ingredient and packaging costs, are showing more […]
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
RFP process improvement, East and West Coast rivalry hits the roads, impending nor’easter issues, and quarterly earnings roundup.
The RFP process should be easier, vaccination mandates cause border woes, and the power of rail.
What will Unilever look like in the coming years? Unilever stood out Monday because the shares rose 8.6% on news of activist involvement and were up throughout the day while the broader market sold off sharply before recovering by the end of the day. The activist, Trian Fund Management, has been involved with numerous CPG […]
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Drivers are people who have needs and wants, goods from October are just now being unloaded at West Coast ports, and the FMSCA has a new deputy administrator.
Driver as a service: J.B. Hunt becomes Waymo’s first self-driving freight customer, Commentary: The dangers of dwell, Market update: Outbound tender rejections decline amid rising spot rates
