PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs
The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.
PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay
PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days
PepsiCo Lowers Revenue Forecast as Sales Growth Weakens
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.
PepsiCo Expands EV Fleet to Boost Cost Savings
HANOVER, Germany — Electrification within the PepsiCo fleet is creating cost savings, and the company has plans to scale electric trucks across North America.
PepsiCo, Maersk, Others Team Up on Electric Truck Pilot
A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.
Walmart Overtakes PepsiCo on Top 100 Private Carriers List
Walmart Inc.’s initiatives to strengthen its in-house trucking operations have elevated it to No. 1 on this year’s updated Transport Topics Top 100 Private Carriers list.
PepsiCo’s Q2 Profits Jump, but Demand Continues to Slip
PepsiCo reported higher-than-expected earnings in the second quarter but customer demand for its snacks and drinks continued to slip.
Shippers, Private Fleets Aim for Sustainability
LAS VEGAS — Despite higher costs, some shippers and carriers continue to invest in alternative fuels and zero-emission transportation to meet their corporate sustainability objectives.
UPS Finance Chief to Leave Parcel Giant to Focus on Health
UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.
PepsiCo Beats Q1 Revenue Forecasts
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.