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Pepsi
Business, Private, Top 100

PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs

Pepsi drinks

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.

Dee-Ann Durbin | Associated Press
October 30, 2024
Business, Private, Top 100

PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay

Pepsi bottles

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

Dee-Ann Durbin | Associated Press
October 28, 2024
Business, Private

PepsiCo Lowers Revenue Forecast as Sales Growth Weakens

Pepsi products

PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.

Dee-Ann Durbin | Associated Press
October 8, 2024
Business, Technology, Private

PepsiCo Expands EV Fleet to Boost Cost Savings

Dejan Antunovic (left) and Dan Priestley

HANOVER, Germany — Electrification within the PepsiCo fleet is creating cost savings, and the company has plans to scale electric trucks across North America. 

Mindy Long | Special to Transport Topics
September 20, 2024
Business, Technology, Fuel, Logistics, Private, Global Freight

PepsiCo, Maersk, Others Team Up on Electric Truck Pilot

I-10 Phoenix

A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.

Keiron Greenhalgh | Staff Reporter
September 17, 2024
Business, Equipment, Private, Top 100

Walmart Overtakes PepsiCo on Top 100 Private Carriers List

Walmart truck on the road

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.

Seth Clevenger | Managing Editor, Features and Multimedia
August 16, 2024
Business, Private

PepsiCo’s Q2 Profits Jump, but Demand Continues to Slip

Pepsi bottles

PepsiCo reported higher-than-expected earnings in the second quarter but customer demand for its snacks and drinks continued to slip.

Dee-Ann Durbin | Associated Press
July 11, 2024
Government, Business, Technology, Private

Shippers, Private Fleets Aim for Sustainability

Erik Neandross, Elisabeth Fauvelle Munck af Rosenschöld, Jim Monkmeyer

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.

Mindy Long | Special to Transport Topics
May 28, 2024
Business, Logistics, For-Hire

UPS Finance Chief to Leave Parcel Giant to Focus on Health

UPS plane with image inset of CFO Brian Newman

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.

Kiel Porter | Bloomberg News
May 6, 2024
Business, Private

PepsiCo Beats Q1 Revenue Forecasts

Pepsi cans

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.

Dee-Ann Durbin | Associated Press
April 23, 2024

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