Walmart offers $377.6M to buy out South African Massmart - report

The deal would help Walmart put "further intervention operationally and significant additional financial investment," Massmart's Chairman Dlamini told reporters.

September 06 , 2022

In produce, inflation starts at the dirt

Current inflationary trends are caused by a lack of resources and supply chain disruptions which have squeezed inputs and transportation costs.

September 05 , 2022

Calavo Growers reports revenue and net income increases in Q3

“I am pleased that our teams successfully navigated temporary avocado price volatility that impacted both our Grown and Prepared segments, particularly in July”, said Brian W. Kocher, President and Chief Executive Officer of Calavo Growers, Inc.

September 02 , 2022

Maersk announces first green logistics warehouse in Denmark

"Many of our customers are looking for long-term partners that have such capabilities to reduce their entire climate footprint,” commented Birna Odefors, Area Managing Director, Nordics, A.P. Moller – Maersk.

September 01 , 2022

Syngenta announces double-digit sales growth for Q2 and H1

Second quarter Group sales increased by 24 percent to $9.2 billion, up $1.8 billion year-on-year, while EBITDA for 2022 increased 39 percent to $1.7 billion.

August 31 , 2022

Mexico looks to increase avocado exports to Europe with new route

“Our proposal is to find a fast route from Mexico to Europe which reduces the arrival through the Port of Rotterdam by 12 or 14 days," said Armando López, General Director of APEAM.

August 30 , 2022

IFPA announces 2023 Board of Directors

Laura Himes, Senior Merchandising Director at Walmart will assume the role of Chair and the next Chair-Elect will be John Anderson, CEO and Managing Partner of Oppy. 

August 29 , 2022

Container companies MCI and CIMC abandon merger following U.S. probe

The proposed transaction would have combined two of the world’s four suppliers of insulated container boxes and refrigerated shipping containers.

August 26 , 2022

UK supermarkets gradually eliminating expiration dates on perishable items

Asda, Co-Op, Morrisons, Waitrose, Tesco Plc and Marks & Spencer Group Plc have all announced a total or partial scrapping of their traditional “best before” and “use by” dates on certain products.

August 25 , 2022

Dole releases Q2 financial results, revises Adjusted EBITDA down for the year

Carl McCann explained that the revision was “due to a slower than anticipated return to full operating profitability in our Fresh Vegetables segment and the translation impact from the strengthening U.S. Dollar."

August 24 , 2022