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.
The Folgers coffee maker introduced temporary price reductions due to the lower input costs, but stopped short of permanent cuts.
S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”
SC Ports said an uncertain trade outlook in the back half of 2026 coupled with the need to lower costs drove the decision to shutter the terminal for a “short-term pause.”
SC Ports said an uncertain trade outlook in the back half of 2026 coupled with the need to lower costs drove the decision to shutter the terminal for a “short-term pause.”
But the terminal’s COO says that continued extreme temperatures forecasted for the coming days would keep landside operations under pressure.
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.
S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”
With the extreme heat expected to continue through the week, there was no clear indication when terminal operations would resume after being halted late Wednesday.
The nearly 250,000-square-foot Elgin facility is equipped to reduce handling touchpoints while increasing product visibility, a spokesperson said.
The carrier will prioritize returning duties first to shippers that opt in to sharing shipment and refund data with vendor partners.