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Chanel, Adidas invest in companies and funds related to sustainable agriculture

French fashion house Chanel and German sportswear firm Adidas have both this week announced they are backing different funds and ventures that have projects related to sustainable agriculture.
June 11 , 2021

South China ports in crisis as logjam of box ships and containers grows

South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou and Nansha.
June 11 , 2021

Lineage Logistics acquires Kloosterboer Group

Lineage Logistics has reached an agreement to acquire Kloosterboer Group, an independent integrated provider of temperature-controlled storage, logistics and value-added services in Europe.
June 11 , 2021

Mission Produce boosts Q2 EBITDA amid volume uptick

Mission Produce has posted strong financial results for the second fiscal quarter of 2021, with revenue, net income and EBITDA all seeing increases following a sharp uptick in volume.
June 11 , 2021

Permanent round table raises hopes for Dominican Republic’s banana industry

Banana Link International Coordinator Alistair Smith outlines developments that point to greater social dialogue and a brighter future for the many Haitian migrant workers on the country’s plantations.
June 10 , 2021

Global food import costs to surge 12% to record this year -FAO

Global food import costs are expected to rise 12% in 2021 to a record due to surging commodity prices and robust demand during the COVID-19 crisis, the United Nations food agency said.
June 10 , 2021

Dole picks Port Tampa Bay for new shipping route

One reason Tampa was picked was a 135,000-square-foot refrigerated warehouse that opened in 2018, allowing the port to receive shipments of bananas, pineapples, limes, mangoes and other fruit from Central America.
June 10 , 2021

Calavo boosts Q2 earnings following record avocado volume

While avocado volumes were 9 percent higher than the prior-year period, total revenue was impacted by the lower average selling price of avocados in the company’s Fresh segment, which resulted from increased supply from Mexico.
June 10 , 2021

Carrefour and Tesco to end purchasing alliance

French supermarket group Carrefour and its British peer Tesco said they would not extend a purchasing alliance heralded originally as a potential way to trim costs.
June 09 , 2021

Agronometrics in Charts: Berry category sees high pricing in 2021 despite supply levels

Prices of many berry categories have been sky-high throughout much of 2021, in some cases even despite elevated supply levels.
June 09 , 2021