Tag: Supply Chain > Page 4
As Grocery Inflation Nears a Tipping Point, CEOs Weigh In
Food inflation is approaching pivotal levels in the U.S., with prices for food consumed in the home increasing 4.5% in September compared with the same month of 2020. As input costs continue to rise, more …
How Long Will Supply Chain Woes Last?
Merchants were poised for a blow-out holiday season this year. There’s just one glitch: Much of the merchandise they ordered is either stuck in ports or ships at sea because of snarls in land transportation …
Retailers Charter Vessels in Next Chapter of “Containergeddon”
Port congestion continues on both U.S. coasts and the situation won’t be resolved any time soon. To deal with the pandemic-driven slowdown of sea networks — or, as Steve Ferreira of shipping consultancy Ocean Audit describes …
Fish Supply in Jeopardy Amid Border Dispute
The U.S. is experiencing disputes over the fish supply at the Canadian border, mainly due to what’s known as the Jones Act. Here’s a look at the issues at play and how they could impact …
Why Black Friday Sales are Starting Earlier than Ever
Your calendar may say October, but retailers worried about supply chain issues are thinking Black Friday and relentlessly pushing the holiday shopping season to begin early. The news last year was filled with stories about …
Restaurants Say Conditions Worse than Three Months Ago as Sales Slow
Over half of restaurant operators surveyed by the National Restaurant Association (NRA) say that business conditions are worse now than three months ago. At the same time, sales are sagging. Here’s a look at the …
Truck Driver Shortages Continue to Burden Supply Chains
Panic buying leading to shortages of toilet paper and other commodities took hold at the beginning of the pandemic in March 2020, and experts warn a similar situation could develop in coming months, largely due …
Warehouse Operators Get Creative to Prep for Hectic Holiday Season
As they brace for what’s expected to be intense holiday demand, warehouse operators are boosting pay, acquiring more talent, and enlisting robots, reported The Wall Street Journal (Sept. 26). TALENT ACQUISITION PUSH Demand for distribution …
California Ports Take Different Approaches to Backlogs
The backlog of ships off the coast of California has become so dire that the Biden Administration has gotten involved. Additionally, the two primary ports are exploring different strategies in trying to alleviate issues. As …
Online Grocery and Delivery Companies Find Success Owning the Supply Chain
While Amsterdam-based e-grocery platform Picnic recently made headlines by raising $707 million in a Series D funding round led by the Bill & Melinda Gates Foundation, perhaps the bigger news is how Picnic and other food …
Higher Food Prices, Lower Inventory Expected Through Holidays
According to industry experts, consumers can expect to see higher prices in the last quarter of this year in several grocery categories. Ingredient suppliers are seeing longer lead times because of issues like labor shortages …
By Sea, Rail, or Road: Supply Chain Update
Whether by sea, by rail, or by highway, the nation’s supply chain has never been more complicated. Here’s a quick roundup of recent supply chain developments, in what has become a year loaded with slowdowns. …
FI Fast Break audio news: Sept. 1, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the popularity of loyalty programs, the ascent of dollar stores, and more. The Food Institute Podcast · FI Fast Break News – Sept. …
Is the U.S. Cattle Oversupply Finally Cleared?
After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …
FI Fast Break audio news: Aug. 25, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine U.S. food distributors’ supply chain pain, unique new restaurant endorsement deals, and more. The Food Institute Podcast · FI Fast Break News – …
Trucking Industry Looks to Address U.S. Driver Shortage Over the Long Haul
Amid the pandemic, supply chain woes have been front and center. And while port constraints have dominated headlines, one of the biggest problems in the shipping industry has been the shortage of U.S. truck drivers. …
POULTRY UPDATE: Thanksgiving Turkeys Could Be in Short Supply
The latest industry to be impacted by supply constraints is poultry. LABOR AND SUPPLY ISSUES THREATEN HOLIDAY TURKEY AVAILABILITY A broker for Shady Brook Farms, one of the nation’s largest turkey suppliers, said in a …
Shipping Quagmire Persists, and Could Stretch Well Into 2022
It’s a simple, two-part question, but it begs a complicated answer: Why are global shipping costs so high, and when will they moderate? While the rest of the U.S. economy seemed to hum in a …
Low Vaccination Rates in U.S. South Could Renew Supply Chain Woes
A rise in cases linked to the highly infectious Delta coronavirus variant could result in a new wave of disruptions for the U.S. food industry, particularly in the U.S. Southeast. Less than 35% of the …
A Fine Kettle of Fish: Rising Seafood Prices Pushing Restaurants to Rethink Menus
Maryland without crab cakes. An ahi tuna shortage in Hawaii. Clams missing from the menu in Massachusetts. Are we running out of fish? “Yes, there is a shortage of fish, in some part, because of …
UPDATE: Major Ingredient Shortage Impacting Multiple QSRs
Taco Bell is the latest restaurant chain to be hit by significant ingredient shortages. “Sorry if we can’t feed your current crave,” reads an orange banner atop the fast-food chain’s website. “Due to national ingredient …
Exclusive: Wells Fargo Economist Addresses State of U.S. Agriculture
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: an interview with Wells Fargo agricultural economist Dr. Michael J. Swanson on a …
Analyzing China’s Import Activity and Its Efforts to Achieve Food Security
Among the factors behind soaring agricultural commodity prices this past year has been China’s food imports and its efforts to boost food security. And while pandemic-related supply constraints among exporters grabbed headlines, China has been …
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The Current State of the U.S. Farmer
What’s the current state of the U.S. farmer? With historic heat, record droughts, and unprecedented supply chain problems, The Food Institute Podcast invited Wells Fargo agricultural economist Dr. Michael J. Swanson to discuss market conditions, …
Navigating an Unprecedented Supply Chain
How is Camerican International navigating an unprecedented supply chain? While many looked forward to the post-COVID era, supply chain bottlenecks are complicating efforts for food importers who are contending with companies bringing in higher-margin goods …
FI Agriculture Recap: Dairy Prices May Take Hit as Production Increases
The USDA is predicting increased milk production this year and next, pushing prices lower in the near term. University of Missouri economist Scott Brown told Dairy Herd Management (June 22) producers are getting squeezed by …
Retailers Tackling Out-of-Stock Issues with Artificial Intelligence
Proper inventory management is a top concern for retailers. Out-of-stock items and inefficient replacement strategies can result in lost sales, reduced customer satisfaction, and lower loyalty levels. In response to these challenges, companies like Walmart …
Food Industry Financials: Retail Sales, Darden Restaurants, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: retail sales, supply crunch, global forecast, earnings from Darden Restaurants (DRI), and more. …
FI Agriculture Recap: Stability Largely Returning to Rural Economy
Strong grain prices, low interest rates and increasing exports are bringing stability to the rural economy, the June Rural Mainstreet Index from Creighton University indicates. Strong growth points to an improving farm economy featuring solid …
Food Industry Financials: Employment, SJM, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: employment, earnings from The J. M. Smucker Company (SJM) and more. Is America …
Food Industry Financials: Inflation, CBRL, SAFM, and more
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: food inflation, earnings from Cracker Barrel (CBRL), Sanderson Farms (SAFM), Costco (COST) and …
FI Fast Break: May 27, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down food shortages, a spike in organic food sales, and the recent uptick in automation. The Food Institute Podcast · FI Fast Break …
‘Bullwhip Effect’ Felt Throughout Industry as Restaurants Ramp Back Up
The start of the return to normalcy has created problems for restaurants, bars and other venues with demand outstripping supplies and creating shortages of a variety of foods and other commodities. Couple that with difficulty …
Restaurant Traffic Up, But Industry Faces Headwinds
Since the beginning of the year, foot traffic to U.S. food and beverage establishments is up 41 percent, according to Zenreach data. And with the weather getting nicer, vaccinations on the rise, and dining limitations slowly being lifted, restaurant traffic continues to soar. Restaurant …
Supply Chain Update: California Shipping Logjam Finally Easing
A persistent kink in the global supply chain is getting straightened out – slowly, but relatively surely. The backlog at southern California ports appears to finally be easing, even as imports continue to flood into …