Meat isn’t going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses. But as the meat plants struggle to remain open, consumers could face less selection and slightly higher prices.
April 27, 2020Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Virus Is Expected to Reduce Meat Selection, Raise Prices
CSX Reports Declines in First-Quarter Earnings, Revenue
CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.
UPS to Fly Medications by Drone to Florida Retirement Community
UPS Inc. will use drones to fill prescriptions for residents of The Villages in Florida, one of the country’s biggest retirement communities, amid a lockdown to halt the coronavirus.
Port Authorities Commit to Stay Open Amid Coronavirus Pandemic
Twenty port authorities in Asia, Europe, the Middle East and North America signed a declaration committing to stay open amid the coronavirus pandemic.
Schneider Partners With Overhaul to Improve Freight Visibility and Security
Schneider National is aiming to improve freight visibility options and security by partnering with Overhaul, the company announced April 21.
April 27, 2020Canadian Pacific Reports Lower Net Income, Robust Revenue in Q1
Canadian Pacific reported reduced first-quarter earnings April 21 as the railroad’s revenue was up 15.6% to C$2.04 billion compared with $1.77 billion in the same quarter a year ago.
Union Pacific Reports Strong Q1 Earnings
Union Pacific Corp. reported first-quarter earnings that outpaced Wall Street expectations, even as its quarterly revenue dipped.
Meat Supply Threats Grow With First Brazil Shutdown
It’s no longer just the U.S. that’s facing a meat scare. Top exporter Brazil is seeing its first plant shutdown, meaning the coronavirus is now snarling supplies from arguably the world’s most critical producer.
Midwest States Join Forces on COVID-19 Response
In response to the coronavirus pandemic, members of the Mid America Association of State Transportation Officials have collaborated to ease restrictions on freight haulers.
Amazon Sales Curbs in France Stay as Judges Put Safety First
Amazon .com Inc. lost its fight to be able to sell the whole range of its products in France after failing to convince judges it had taken measures to protect workers from the coronavirus.