News
SOMIC Founder and Packaging Visionary Manfred Bonetsmuller Passes Away
Inver Grove Heights, MN. – October 23, 2024 – Manfred Bonetsmuller, the founder and Managing Director of the SOMIC Group for decades, passed away on October 10, 2024 at the age of 83. His inventive spirit and personality…
Kemin Food Technologies – North America Announces New Additions to Technical Services Team
Juan Carlos Monge named Technical Services Manager and Kayle Eivins named Technical Service Associate DES MOINES, Iowa (October 23, 2024) – Kemin Industries, a global ingredient manufacturer that strives to sustainably…
Epicure Welcomes Two New Executives to its Leadership Team
VICTORIA, BC, CAN, October 29, 2024 — Today, Epicure, the company whose core value is that good food is the foundation of healthy living, offering customers easy, healthy meal solutions, announces two new executives are…
UpSnack Brands Brings together Pipcorn and Spudsy, Upping the Game for Better-for-You Snacks
October 30, 2024 – Today marks an exciting day in the snacking industry as Pipcorn Heirloom Snacks® and Spudsy® announce that they have sold their assets to newly-formed UpSnack Brands. The acquisition by UpSnack Brands…
Maersk Q3 earnings: First look
Higher ocean freight rates and container volumes helped drive a 41% gain in ocean shipping revenue for A.P. Moller-Maersk in the third quarter. The Denmark-based parent (CPH: MAERSK-B.CO) of Maersk shipping line and APM…
Amazon reports $158B in Q3 revenue, beats Wall Street expectations
E-commerce giant Amazon.com Inc.’s third-quarter earnings, reported after the market closed Thursday, beat Wall Street expectations by providing a wider variety of goods and improving its delivery model, company officials…
ONE Q2 earnings: First look
Ocean Network Express (ONE) said revenue was $5.9 billion for the fiscal second quarter, up 65% from the same quarter a year ago. Net profit was $2 billion, up from $1.8 billion year on year. The Singapore-based carrier…
Trinity Industries Q3 earnings: First Look
Third-quarter revenue declined but operating profit improved for railcar builder Trinity Industries. Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter. The…
Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge
“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.
NASEM study disputes driver shortage claims
FMCSA-sponsored NASEM study disputes ATA driver shortage claims (Source: NASEM/FMCSA) A recent study looking at the impacts of pay and working conditions on long-distance truck and bus drivers has also called into question…
