Every Other Tuesday - Top 5 Food & Beverage Curated News

Every Other Tuesday - Top 5 Food & Beverage Curated News

1. Kinder Joy could be most lucrative launch in the past 10 years
Since Kinder Joy's U.S. debut in January, it has sold more than 46 million units, and projections have it on track to bring in more than $100 million during the first year. 

Read more.

2. Alternatives to dairy are winning over consumers
Sales of milk fell 3.5% in the past five years, while dairy alternatives grew 4%. While there’s no evidence to prove dairy-free is healthier than milk, brands have done a better job of marketing it.

Read more.

3. Target is really trying to boost its grocery business
This time they’re testing a sustainable sushi line in select stores, sourcing from the same supplier used by Whole Foods. Prices range from $8 to $14, and include raw, cooked, and vegetarian selections.

Read more.

4. Pilot project designed to prevent organic fraud
The Organic Trade Association’s Global Organic Supply Chain Integrity Task Force developed a “best practices” guide to help implement systems and measures to preserve the integrity of organic, both inside and outside of the U.S.

Read more.

5. Trucking Rates
Van: the national average van rate is steady and capacity remains an issue.
Highest rate per mile: Los Angeles, CA ($2.56)
Lowest rate per mile: Dallas, TX ($2.05)
 
Reefer: the national average reefer rate is steady and demand is higher (Spring produce time).
Highest rate per mile: Green Bay, WI ($3.16)
Lowest rate per mile: Elizabeth, NJ ($2.04)
 
Flatbed: the national average is 1 cent higher, but demand is a bit lower.
Highest rate per mile: Harrisburg, PA ($4.32)
Lowest rate per mile: Phoenix, AZ ($1.79)

Read more.

If you would like to get this info in your inbox, subscribe here (bi-weekly only).