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Stories by Sangameswaran S

Campbell Soup Co. plans to close its 87-year-old Toronto soup plant by mid-2019. (Campbell Soup Co. via BusinessWire)
Crops, Machinery, Reuters

Moving freight to get more expensive for food companies

By Sangameswaran S February 2, 2018
Reuters — U.S. food companies called out rising freight costs as a reason for lower profit margins in the holiday quarter, with more pain seen in 2018 as a dearth of drivers and higher diesel prices make it even more expensive to transport products to stores. Hershey, Mondelez International, J.M. Smucker and Campbell Soup said […] Read more

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