Albertson's first-quarter profit nosedives, from staff and wire reports Albertson's Inc reported $56 million in first-quarter 2004 earnings from continuing operations, compared with $173 million in the same period a year earlier.... Firm to produce biodiesel for truck fleets, from staff and wire reports Peach State Labs, a specialty polymer chemical company, plans to produce biodiesel—made from soybean oils and other renewable plant oils—for use in diesel truck fleets and for manufacturing plant energy.... Gold Kist board OKs conversion from co-op, from staff and wire reports The board of directors for the chicken producer and marketer Gold Kist has approved a proposed transaction in which Gold Kist would convert from a cooperative association to a for-profit corporation. ... US dairy officials praise signing of CAFTA, from staff and wire reports United States dairy officials hailed the US-Central America Free Trade Agreement (CAFTA) as one that will expand overseas markets for US dairy products.... United Natural Foods sees wholesome gains, from staff and wire reports United Natural Foods Inc, a wholesale distributor to the natural and organic foods industry, reported net income of $9.2 million for the third quarter of fiscal 2004 ended April 30, 2004.... Survey of quality: Maersk, APL most shipshape, from staff and wire reports Maersk, American Presidents Line (APL), and NYK Line are the leaders in trans-Pacific ocean carrier quality, according to a survey by Capital Consulting & Management Inc (CCMI).... Costco sales, income figures move upward, from staff and wire reports Costco Wholesale Corp announced its operating results for the third quarter and first 36 weeks of fiscal 2004, ended May 9, 2004. ... Poultry pays a dividend for Pilgrim's Pride, from staff and wire reports Pilgrim's Pride Corp’s board of directors declared a quarterly dividend of 1.5 cents per share. ... Indictments sought in Parmalat scandal, from staff and wire reports Milan, Italy, prosecutors investigating the international dairy group Parmalat have asked for the indictment of 29 people and three financial institutions, including the group’s founder, Calisto Tanzi.... Fresh Brands reports sales gains, net losses, from staff and wire reports Fresh Brands Inc, the Sheboygan WI-based supermarket retailer and grocery wholesaler, reported results for its first fiscal quarter ended April 24, 2004. ... SuperValu raises annual dividend by 5%, from staff and wire reports At its annual meeting of shareholders in Norfolk VA, SuperValu Inc's board of directors approved a 5% increase in the annual dividend to $0.61 per share from 2003's level of $0.58 per share. ... Investment firm to purchase Horizon Lines, from staff and wire reports Castle Harlan Inc, a New York-based private-equity investment firm, has signed a definitive agreement to purchase Horizon Lines LLC, one of the largest container shipping companies in the United States. ... Sanderson Farms reaps plentiful fiscal harvest, from staff and wire reports Laurel MS-based poultry producer Sanderson Farms Inc reported results for the second fiscal quarter and six months ended April 30, 2004.... Training rules to affect entry-level drivers, from staff and wire reports Effective July 20, 2004, those who employ commercial motor vehicle (CMV) drivers operating in interstate commerce must be certain that entry-level drivers get training .... Food Innovations has room for new dessert, from staff and wire reports Specialty perishable-food distributor Food Innovations Inc has secured an exclusive agreement to distribute Food Creations' newest dessert line: flavored Molten Lava Soufflés, Belgian chocolate cakes created by Chef Simone Krasnov.... Wal-Mart to give hydrogen fuel cells a lift, from staff and wire reports Cellex Power announced that the logistics subsidiary of Wal-Mart Stores Inc will participate in its next set of field trials designed to test Cellex's hydrogen fuel cell products for powering electric lift trucks.... Ailing Mitsubishi Fuso recalls more trucks, from staff and wire reports Mitsubishi Fuso Truck and Bus Corp has announced another vehicle recall, this one involving more than 180,000 trucks and buses, after four cases of defective trucks and buses surfaced.... Safeway shareholders let Burd keep his post, from staff and wire reports Steve Burd, chairman of Safeway Inc for the past 11 years, staved off shareholder threats to remove him from his position. ... C H Robinson declares cash dividend, from staff and wire reports C H Robinson Worldwide Inc's board of directors declared a regular quarterly cash dividend of 12 cents per share, payable July 1, 2004, to shareholders of record June 4, 2004. ... Refrigerated foods heat up Hormel numbers, from staff and wire reports Assisted by a steep rise in operating profit for its refrigerated foods group, Hormel Foods Corp reported fiscal 2004 second quarter net earnings of $53.7 million.... Hain Celestial set to be frozen food player, from staff and wire reports The Hain Celestial Group, a Melville NY-based natural and organic food company, plans to expand its presence in frozen foods. ... Navistar profits in the wake of recovery, from staff and wire reports Navistar International Corp reported it was profitable in the three- and six-month periods ended April 30, 2004.... SunOpta agrees to acquire Snapdragon, from staff and wire reports SunOpta Inc has reached an agreement in principle to acquire the natural and organic distribution business known as Snapdragon Natural Foods Inc from its parent company, I-D Foods Corp. ... Roundy's centralizes worker deployment, from staff and wire reports Roundy's Inc, a food wholesaler retailer and wholesaler, is upgrading its Kronos systems to centralize and optimize deployment and tracking of its 17,000 retail operations and distribution center employees. ... Intermodal volume drives best gains since 1996, from staff and wire reports Powered by surging domestic trailer volume, the growth streak of intermodal volume now stands at eight continuous quarters, according to Intermodal Market Trends & Statistics, a quarterly publication of the Intermodal Association of North America (IANA)....
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