Supply Chain Dive
JM Smucker eyes margin boost with lower green coffee commodity costs
The Folgers coffee maker introduced temporary price reductions due to the lower input costs, but stopped short of permanent cuts.
Supply Chain Dive
Manufacturing grows at fastest rate since 2021 amid big job cuts
S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”
Supply Chain Dive
CSX completes Baltimore tunnel expansion, shipper benefits expected
The $495 million development of the 1.7-mile Howard Street Tunnel has allowed for full clearance of double-stacked rail services at the Port of Baltimore.
Supply Chain Dive
FedEx to send tariff refunds to customers starting in August
The carrier will prioritize returning duties first to shippers that opt in to sharing shipment and refund data with vendor partners.
Supply Chain Dive
Ocean shipping recovery still a ways off despite US-Iran ceasefire pact
Spot rates are expected to climb for another four weeks and many vessels are full until at least July, per Xeneta.
Supply Chain Dive
Kroger is working with suppliers to optimize costs
The grocery retailer is pushing negotiations and intentionally leveraging direct sourcing to optimize the cost of goods.
Topics: Grocery
Entities: Grocery
Supply Chain Dive
FedEx launches life sciences suite as healthcare push lifts earnings
The new organization supporting healthcare and pharmaceutical services fuels efforts to grow high-value customer segments as less-lucrative volume declines.
Supply Chain Dive
J&J commits $1B to expand contact lens production in Florida
The investment will add J&J’s manufacturing, packaging and distribution capabilities to meet growing demand for its contact lenses.
Supply Chain Dive
How low T-shirt pricing impacts supplier labor conditions
Despite inflation, reduced costs for the apparel staple spur negative consequences for workers’ wages and safety, per nonprofits Clean Clothes Campaign and Public Eye.
Supply Chain Dive
Manufacturers balance costs, inventory amid uncertain rate environment
As companies watch to see if the Federal Reserve may change its posture on interest rates later in the year, and ripple effects from the Middle East continue, they’re getting more comfortable navigating the complexity.
Topics: Supply Chain
Entities: Supply Chain
Supply Chain Dive
Steel, aluminum makers face records gauntlet for new US tariff exemptions
Canada and Mexico manufacturers must commit to verifiable U.S. capacity expansion and maintain meticulous, traceable records to qualify for reduced Section 232 tariffs.
Supply Chain Dive
Kraft Heinz merges procurement and supply chain units
The company named Janelle Aydin global chief procurement and supply chain officer, effective July 1, as it reorganizes its global operational model.
Topics: Supply Chain
Entities: Supply Chain