February 18, 2022 — Three of America’s largest foodservice distributors reported higher earnings in most recently quarterly financial results, but expressed concern about major headwinds facing the industry.
They said the COVID-19 omicron variant, inflation, and continued labor and supply chain issues lead the list of challenges in 2022.
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August 20, 2021 — With the intention of increasing accountability and transparency in reporting on fisheries improvement projects (FIPs), Sustainable Fisheries Partnership has published an update to its FIP Evaluation Tool. This revision, the fourth since the tool launched in 2007, clarifies guidelines for use, addresses the need for improved accountability, and more explicitly identifies connections between FIP actions and fishery improvements.
“These changes were driven by requests from seafood buyers and stakeholders to see increased verification of progress and a clearer linkage between FIP activity and impact on the water,” SFP Global Policy Director Brad Spear said. “More and better information can help us all do a better job.”
June 3, 2021 — The Global Seafood Alliance (GSA) – formerly the Global Aquaculture Alliance – has announced the launch of Best Seafood Practices (BSP), a third-party certification standard for wild-capture fisheries.
The new standard, GSA said, will be the world’s only standard that links responsible wild capture fisheries, Responsible Fishing Vessel Standard (RFVS)-certified vessels, and Seafood Processing Plant Standard (SPS)-certified facilities through the Chain of Custody standard. The new standard will be the equivalent of the organization’s Best Aquaculture Practices third-party aquaculture certification program.
January 15, 2021 — While 2020 has been the hardest year the U.S. restaurant industry has ever faced, some analysts and seafood suppliers expect to see the industry rebound in 2021.
Major foodservice distributor US Foods, for example, is optimistic about a restaurant-sector recovery, as more Americans obtain the COVID-19 vaccine and return to dining out, according to its chairman and CEO, Pietro Satriano.
May 7, 2020 — Sysco and US Foods suffered a steep decline in profits in their quarterly earnings due to fallout from the COVID-19 pandemic.
Houston, Texas, U.S.A.-based Sysco said its overall sales declined 6.5 percent to USD 13.7 billion (EUR 12.7 billion), while gross profit dropped 6.9 percent for its fiscal third quarter.