General Mills
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News
Truckers, General Mills, Feeding America look to rescue good food from a bad end
Initiative aims to keep good but rejected food out of landfills and onto plates.
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Company earnings
Transportation costs push PepsiCo profits in Q3
In her final conference call as CEO, PepsiCo’s Indra Nooyi presented their third-quarter results, once more pointing to transportation costs that threatened to eat into…
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News
Today’s Pickup: Nestlé’s supply chain surveillance will begin in December
Nestlé commits to pumping the brakes on deforestation caused by palm oil production, Maersk surcharges are on the horizon, and Audi announces their plan to…
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Market Insight
Home Depot sees higher costs as tight transport markets bite retailer
Higher trucking and freight costs cut into second quarter results for Home Depot.
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News
Rising transportation costs, Brazil trucking strike put pressure on Kellogg’s profit margins
Kellogg (NYSE: K) is the latest company to cite rising freight costs as a threat to profit margins in 2018, according to the Wall Street…
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News
Citing freight costs, declining sales, General Mills to cut 625 jobs
Citing depressed sales for products like its line of Yoplait yogurts and ‘rising commodity and freight expenses,’ General Mills announced it would eliminate hundreds of…
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Company earnings
Food shippers’ margins squeezed by freight costs
Large food shippers are citing rapidly inflating freight costs as headwinds to their earnings, including Smuckers, Kraft Heinz, Tyson, Hershey, and General Mills. We round…
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Company earnings
Freight costs increase the price of Cheerios, but the future may provide other options
General Mills is citing higher freight costs as a reason for lower than expected earning. This is not an uncommon issue in today's marketplace. There…
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