Del Taco Expands Southeast Footprint with First North Carolina Deal
_1.png "Del Taco Expands Southeast Footprint with First North Carolina Deal (1)")
Del Taco Restaurants, Inc., the nation’s second largest Mexican quick service restaurant*, has signed a deal with successful North Carolina-based franchise group, Ram Restaurants Inc. (“Ram Restaurants”) to open five units within the Raleigh and Durham areas. The deal, expected to bring Del Taco restaurants to North Carolina for the first time, comes only weeks after Del Taco announced a development agreement for Southern Virginia.
“On the heels of a great run of multi-year same store sales growth and a stated desire to penetrate the Southeastern US..."
To Read Full Story Login Below.
Argentines' Beef Consumption Seen at Record Low in 2024
Beef-loving Argentines are cutting back on their steaks as the country's economy slumps, meaning cattle consumption will likely hit a record low this year, a market report published on Friday showed.
Argentina's beef consumption in 2024 is expected to total around 44.8 kg (98.77 lb), the lowest since record-keeping began in 1914, said the Rosario exchange, which publishes market updates for grains and livestock. The historic average is nearly 73 kg.
The South American nation's economy has been hit hard by triple-digit inflation, a recession and rising...
Full Story »
Jul 8 8:02 AM, General News
Dakota City Tyson Currently Closed Due to Gas Leak
.jpg "Del Taco Expands Southeast Footprint with First North Carolina Deal (3)")
Late into the Sunday evening hours, a car struck the walls of a Gas-Insulated Substation just behind the Tyson Foods processing plant in Dakota City, Nebraska causing a major gas leak at164th Street and North 20th Street.
At approximately 8:30am Monday, Dakota City Fire lowered gas levels, and the vehicle was removed from the building.
According to a source, theleak has led to halt in operations at Tyson and other neighboring businesses.
Expana will continue to provide updates on this developing story as details become available...
Full Story »
Jul 8 12:17 PM, UB Newswires
May Beef Export Value Highest in 11 Months; Pork Exports Below Year-Ago
The value of U.S. beef exports topped $900 million in May, the highest since June 2023, according to data released by USDA and compiled by USMEF. Pork exports posted another solid performance in May, but were below last year in both volume and value.
May beef exports totaled 110,133 metric tons (mt), down 5% from a year ago but the second largest of 2024. Beef export value reached $902.4 million in May, 3% above last year and the highest in 11 months. For January through...
Full Story »
Jul 8 3:13 PM, Urner Barry
California’s Electric Truck Mandate Could Affect Mexican Transporters
.jpg "Del Taco Expands Southeast Footprint with First North Carolina Deal (5)")
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: California’s electric truck mandate could affect Mexican transporters; Mexico’s Isthmus of Tehuantepec railway delivers first load; Texas EV startup secures electric van order; and Korea International Trade Association opens office in Texas.
California’s electric- truck mandate could affect Mexican transporters
Mexico-based cross-border trucking operators are struggling to comply with California’s Advanced Clean Fleets rule, which could begin affecting trucks crossing the border into the U.S. in 2025...
Full Story »
Jul 8 8:22 AM, General News
Bird Flu Strain in US Cows Shows Minimal Air Spread in Ferret Study
_1.jpg "Del Taco Expands Southeast Footprint with First North Carolina Deal (6)")
The bird flu strain found in cows in the United States is not easily transmitted through the air among ferrets, a new study shows, although the scientist who led the work said it had shown some ability to spread this way.
Ferrets are considered to be the best small mammal for studying influenza virus infection and transmission, and are often used to inform assessments of the public health risk of emerging viruses.
In the experiment led by researchers at the University of Wisconsin...
Full Story »
Jul 8 2:26 PM, General News
NY Fed Finds Moderating Near-Term Inflation Expectations in June
The path U.S. inflation is expected to follow over coming years generally softened in June, amid retreating projections of price increases for a wide array of consumer goods and services, a Federal Reserve Bank of New York report released on Monday said.
Inflation a year from now was seen at 3% as of June, from the expected rise of 3.2% in May, while three years from now inflation was seen at 2.9% from May’s 2.8%, according to the bank’s latest Survey of Consumer Expectations. Inflation five years from now was...
Full Story »
Jul 8 2:05 PM, General News
Chinese Shipping Shares Drop on Reports of Gaza Cease-Fire Progress
Shares of Chinese shipping companies fell sharply on expectations of falling freight rates after Hamas reportedly signaled approval for a cease-fire in Gaza.
Orient Overseas (International) shares were 5.8% lower in Hong Kong by midday Monday, the biggest decliner among Hang Seng Index constituents. Cosco Shipping shed 8.5% and 5.2% in Hong Kong and Shanghai, respectively. Cosco Shipping Development and SITC International lost 6.7% and 4.35%, respectively, in Hong Kong.
The declines came after media reports over the weekend that Hamas had given...
Full Story »
Jul 8 8:42 AM, General News
Keck Joins USPOULTRY as Director, Communications
U.S. Poultry & Egg Association (USPOULTRY) announces the appointment of Hannah Keck as director, communications. She will be responsible for the planning and coordination of communication activities for USPOULTRY and its family of organizations, including the International Production & Processing Expo (IPPE). She will report to Gwen Venable, executive vice president – expo & communication services.
Keck had previous industry experience with Anpario Inc. and Phytobiotics North America LLC. Her experience also includes serving as departmental journalist for the North Carolina State University (NCSU) Prestage Department of Poultry Science, contributing editor of...
Full Story »
Jul 8 10:32 AM, Urner Barry
FSIS Announces Recall on Frozen Ready-To-Eat Chicken Products, Possible Listeria Contamination
The United States' Department of Agriculture's Food Safety and Inspection Service (FSIS) announced the recall ofapproximately 2,010 pounds of frozen ready-to eat chicken products.
Ontario, Canada based company, Al-Safa US LLC, saysitems could have been adulterated with Listeria monocytogenes. These items were produced on June 5, 2024 then imported to the U.S. on June 13 and June 21.The recall includes:
- 12.1 oz carboard box package containing "Al Safa Halal Charcoal Grilled Chicken Seekh Kebab Grilled, minced, Chicken Patty Kebab". "NOV 30 25"...
Full Story »
Jul 8 9:27 AM, UB Newswires
World Food Prices Hold Firm in June, UN's FAO Reports
The United Nations world food price index held steady in June data showed on Friday, with increases in vegetable oil, sugar and dairy products offset by a fall in the price of cereals.
The U.N. Food and Agriculture Organization's price index, which tracks the most globally traded food commodities, averaged 120.6 points in June, unchanged from May. The May figure was revised from an initial reading of 120.4.
The FAO index hit a three-year low in February as food prices receded from a record peak set in March 2022...
Full Story »
Jul 8 8:00 AM, General News
