The United States and its allies are escalating sanctions against Russia as a result of its invasion of Ukraine that could ripple through the world economy, aggravating inflation and supply chain issues, and prompting consumer …
U.S. companies should be prepared for retaliatory cyberattacks following Biden Administration sanctions against Russia for invading Ukraine. U.S. Rep. Jim Langevin, a senior member of the House Armed Services Committee, said private companies should be …
Editor’s note: This report was updated Thursday to reflect the Russian invasion of Ukraine the night prior, as Russian President Vladimir Putin ordered a military operation in eastern Ukraine. Below, FI looks at certain ramifications …
The U.S. government halted imports of new-harvest avocados from Mexico for nearly a week after a U.S. inspector was threatened, months ahead of one of the highest-consumption days for the product. While the USDA’s Animal …
Poultry growers have been advised to double down on biosecurity and sanitation practices with reports of further avian influenza infections in both commercial and non-commercial flocks, as well as wild birds, in the Northeast and …
To say that the champagne world is a bit “off-kilter” these days would be a significant understatement. The Financial Times reported in late December that retail champagne prices (especially vintage champagne) had increased 30% in …
While the seafood sector appears well positioned for growth, can the supply chain hold as demand rises? The Food Institute takes a closer look at some of the category’s recent developments. Supply chain implications as …
What started as a trucker protest against COVID-19 vaccine mandates has grown to include many Canadians who are also pushing back against the rules, and resulting blockages could threaten an already-strained supply chain. In January, …
The Biden administration has issued transitional standards for school lunches to get cafeterias back on a healthier course as they recover from the pandemic. Here’s what to expect: WHAT IS CHANGING? During the pandemic, schools …
A new report shows logistics companies accelerated hiring in January. Trucking, parcel-delivery and warehousing companies added a combined 42,100 jobs last month, according to seasonally adjusted preliminary employment data released by The U.S. Bureau of …
Will supply chain problems ever subside? RBC Capital Markets recently provided insight on the topic in its report titled Digital Intelligence Strategy: Supply Chain Woes, No End in Sight. RBC’S OUTLOOK FOR SUPPLY CHAIN ISSUES …
Against the backdrop of the January Food Institute report on supply chain issues (available to FI members on Jan. 18; to join FI, click here), we’re taking a closer look at constraints in the beverage …
Although the U.S. Supreme Court blocked a vaccine mandate for large employers, truckers driving between the U.S. and Canada will still need to be fully vaccinated by the end of the month. Canada began requiring …
Unmanned trucks are hitting the streets. Autonomous trucking startup TuSimple completed its first run on open public roads without a human in the vehicle, reported TechCrunch (Dec. 29). The autonomous driving system navigated 100% of …
Seventy-two percent of CEOs are worried about losing their jobs in 2022 due to business disruptions, such as supply chain issues, according to a new survey by management consulting firm AlixPartners. Notably, that figure spiked …
Packaging shortages are fueling persistent fluctuations in food and beverage product availability ahead of the holidays, as many manufacturers source materials from overseas — and there’s no clear end in sight. “Supply chain disruptions continue …
The Federal Reserve reported that supply chain disruptions and labor shortages plagued many parts of the country in November, leading to rising prices across most of the nation, reported The Associated Press (Dec. 1). With …
Amid surging inflation and a new coronavirus variant, here’s an update on what’s happening across the supply chain. LABOR TALKS AT WEST COAST PORTS West Coast port facility operators will open negotiations with the International …
Editor’s note: Part 3 of a three-part series analyzing the current state of the wine industry. With the strong increase in online wine sales in recent years has come an equally significant increase in the …
Editor’s note: Part 2 of a three-part series analyzing the current state of the wine industry. The effects of supply chain disruptions in the global food industry are well-known and easy to identify: low inventories, …
Consumers may be seeing less food and retail advertisements on their TV screens this holiday season. Department stores, such as Macy’s and Nordstrom, spent 8% less on TV commercials from July 30 to October 30 …
During CPG Growth Strategies in an Inflationary 2022 – a recent webinar presented by IRI and RBC Capital Markets – experts noted what to expect in the months ahead regarding food prices, the labor pool, …
Despite rising inflation, supply chain bottlenecks, and labor challenges, the food industry should be looking forward to 2022. Additionally, collaboration, communication, and developing personal connections will be critical growth drivers. These were some of the …
Bird flu is spreading across Europe with Poland, the continent’s largest poultry producer, and Britain reporting the latest cases, following outbreaks in Denmark, France, Germany, Italy, Netherlands and Russia. Poland reported several outbreaks of H5N1 …
U.S. food banks are facing two major struggles at the moment: increased demand from consumers sidelined by the pandemic and surging food prices amid supply chain issues. Many people found themselves facing food insecurity during …
To stockpile or not to stockpile – that is the newest question businesses are grappling with amidst the deluge of pandemic-induced operational challenges. While fluctuating demand has left many companies holding — or in food …
UPSIDE Foods (formerly Memphis Meats) is opening what it says is the most advanced cultivated meat production facility in the world. The Engineering, Production, and Innovation Center (EPIC) features a 53,000-square foot campus in Emeryville, California, …
Holiday spending is shaping up quite differently this year, following months of COVID-19 vaccines and gradual restaurant recovery. Not only are people shopping earlier this season — with stats from NPD Group showing that 51% …
Following a year of supply chain issues and inflation, Thanksgiving dinner could look a little different—and more expensive—this year. Consumer Reports found that turkey prices could go up anywhere from 10 to 15% this holiday …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
