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Kraft Foods Eliminated More Than 50 Million Truck Miles Since 2005 Through Focus on Transportation Sustainability Efforts. Trucking Alternatives, High-Tech Innovations and Customer Collaborations Create Distribution Efficiencies and Reduce Carbon Dioxide Emissions.
Kraft Foods is taking a major step forward in its long-standing support of sustainable cocoa farming with a commitment to purchase 30,000 tons of sustainable cocoa beans by the end of 2012.
Kraft Foods Middle East and Africa, a Jafza-based market leader in powdered beverages and processed cheese in the region, posted 10% growth in the first half of the current year.
Food giant plans to cut supply base in half in effort to slash $300 million
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Nov 20, 2009 (Fresh Brewed Media via COMTEX) --
Kraft Foods (NYSE: KFT) opened at $27.59. So far today, the stock has hit a low of $27.17 and a high of $27.84. KFT is now trading at $27.26, up $0.28 (1.04%). Over the last 52 weeks the stock has ranged from a low of $20.81 to a high of $29.84. Shares of KFT are rising this morning as investors move into positions on defensive stocks in the consumer staples sector as the market opened lower for the fourth straight morning. Investors often flock to defensive stocks during market downturns due to their low volatility. Technical indicators for the stock are bearish and S&P gives KFT a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on KFT the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 25 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Companies: Kraft Foods, Inc. (KFT)
NORTHFIELD, Ill., Nov 19, 2009 /PRNewswire-FirstCall via COMTEX/ --
Everyone hates traffic. It eats up time, wastes energy and emits harmful carbon dioxide. As population and urbanization increase, experts say traffic is only getting worse. Kraft Foods is addressing this challenge by finding alternatives to trucking and making its distribution network more efficient. Since 2005, innovative sustainability projects have saved the company more than 50 million miles (80 million km) in its global transportation and distribution network. That's the same as driving from Madrid to Beijing more than 8,500 times!
(Logo: http://www.newscom.com/cgi-bin/prnh/20090420/KRAFTLOGO)
"We think about miles, piles and idles when moving our product," said Steve Yucknut, Vice President, Sustainability. "We're finding ways to drive fewer miles, reduce inventory piles and eliminate idling trucks. We're collaborating with customers and suppliers. And we're using a number of high-tech innovations for our trucks and warehouses to reduce energy and CO2 emissions."
Following are examples from Kraft Foods operations around the globe:
Riding the Waves (and Rails) to Environmental Efficiency
-- In North America, Kraft Foods saved more than a million miles (1.6
million km), replaced 10,000 truck shipments and reduced 2,000 tons of
CO2 emissions by shipping wheat via waterways to its Toledo, Ohio, flour
mill. Now, ships make bigger deliveries less frequently.
-- In Brazil, employees saved nearly 250,000 miles (390,000 km) and reduced
300 tons of CO2 emissions by using boats to send products to
distribution centers. In just six months, the change saved more than
125 truck shipments.
-- In Germany, Kraft Foods transports coffee beans from Bremen to its
Berlin roasting plant, saving about 1.8 million miles (2.8 million km)
and eliminating 2,300 tons of CO2 emissions. And the project took 7,000
trucks off the road.
-- In Austria, Kraft Foods saved more than 150,000 miles (nearly 250,000
km) by sending products in refrigerated containers on railcars,
eliminating 400 truck shipments and reducing 250 tons of CO2 emissions.
-- In the United Kingdom, the company now sends products to one of its key
customers by train instead of truck, saving more than 40,000 miles
(nearly 70,000 km) and eliminating 120 truck shipments.
Fewer, Faster and More Fuel-Efficient Deliveries
-- In Europe, Kraft Foods is modernizing its transportation network by
establishing a single hub in Bratislava, Slovakia to make 20 percent
fewer trips between its European plants and distribution centers. And
in the Philippines, the company now uses a national distribution center
so customers receive shipments 20 percent faster than before, saving
miles and fuel.
-- In North America, Kraft Foods has purchased 11 hybrid direct store
delivery vehicles for frozen products. The hybrid power train and
electric refrigeration technology use up to 30 percent less fuel than a
traditional truck. And in Mexico, the company has pioneered a
double-decker transport system that allows trucks to safely carry up to
56 pallets in one load - twice as many as before.
Deploying Smarter Technology
-- Kraft Foods has been working with the U.S. Environmental Protection
Agency to benefit from the latest technology and share best practices.
Earlier this month, the EPA awarded Kraft Foods for its environmental
excellence, innovation and creativity. As part of its participation in
the EPA's SmartWay Transport Partnership (www.epa.gov/smartway), the
company has adopted no-idle engine policies at its shipping locations,
piloted a hybrid frozen delivery truck program and increased its use of
intermodal (rail and barge) transport.
-- Using Oracle(R)* Transportation Management to create Project MOST
(Management of Optimized Sustainable Transportation), Kraft Foods
measures truck movements and designs new trip segments to minimize
"empty miles," eliminating more than 500,000 miles (800,000 km) last
year. Now, Kraft Foods' private fleet and its top 50 carriers use the
software and Oracle has recognized the company for its work with its
2009 "Enable the Eco-Enterprise" award. *Oracle is a registered
trademark of Oracle Corporation and/or its affiliates.
-- Kraft Foods' 20 largest plants and distribution centers in North America
use software from Transportation/Warehouse Optimization to maximize
product per truckload, taking the equivalent of 1,500 trucks off the
road and more than a million miles
-- (1.6 million km) off the highway system.
About Kraft Foods
Kraft Foods (www.kraftfoodscompany.com) makes today delicious in 150 countries around the globe. Our 100,000 employees work tirelessly to make delicious foods consumers can feel good about. From American brand icons like Kraft cheeses, dinners and dressings, Maxwell House coffees and Oscar Mayer meats, to global powerhouse brands like Oreo and LU biscuits, Philadelphia cream cheeses, Jacobs and Carte Noire coffees, Tang powdered beverages and Milka, Cote d'Or, Lacta and Toblerone chocolates, our brands deliver millions of smiles every day. Kraft Foods (NYSE: KFT) is the world's second largest food company with annual revenues of $42 billion. The company is a member of the Dow Jones Industrial Average, Standard & Poor's 500, the Dow Jones Sustainability Index and the Ethibel Sustainability Index. For more details on the company's sustainability focus and progress, please visit www.kraftfoodsbetterworld.com.
-- make today delicious --
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Steve Yucknut
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=90658
SOURCE Kraft Foods
http://www.kraft.com
Tags: austria beijing beverages brazil coffee energy environmental protection agency europe food germany index industrial madrid mexico north america nyse ohio partnership plant population president products shipping slovakia software technology traffic transportation trucking truckload wheat
Companies: Kraft Foods, Inc. (KFT)
Nov 13, 2009 (Fresh Brewed Media via COMTEX) --
Kraft Foods (NYSE: KFT) opened at $26.84. So far today, the stock has hit a low of $26.80 and a high of $27.12. KFT is now trading at $26.96, up $0.12 (0.45%). The stock hit its 52-Week high of $29.84 in January and set its 52-Week low of $20.81 in March. The stock is moving higher today with the overall Food industry. Technical indicators for the stock are bearish and S&P gives KFT a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on KFT the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 25 range.
ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Companies: Kraft Foods, Inc. (KFT)
Nov 09, 2009 (SmarTrend(R) News Watch via COMTEX) --
11/9/2009 - Kraft Foods (NYSE:KFT) announced the terms of a new offer for Cadbury plc (NYSE:CBY) Monday in its latest attempt to acquire the food giant. For each share of Cadbury, the company will bid $300 pence in cash and 0.2589 new Kraft Foods shares. For Each Cadbury ADS, it will offer 1,200 pence in cash and 1.0356 new Kraft Foods shares. Chairman and CEO Irene Rosenfeld said, "We remain convinced of the strategic merits for both companies of combining Kraft Foods and Cadbury. We believe that our proposal offers the best immediate and long-term value for Cadbury's shareholders and for the company itself compared with any other option currently available, including Cadbury remaining independent."
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: acquisition ceo market nyse securities
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NEW YORK: British confectionery major Cadbury has termed the unsolicited proposal of Kraft Foods as “an unappealing prospect” and added that it “is unattractive and fundamentally undervalues Cadbury”.
are just a selection that continue to delight consumers and caterers worldwide. Kraft also provides a range of quality beverages and coffee machines for the vending industry under the Kenco brand.
PD discusses packaging design and innovation as a business strategy with Kraft's vp of design and innovation and LPK's vp of product design and innovation.
* Kraft Foods Inc. Offer By Kraft Foods Inc. For Cadbury Plc (END) Dow Jones Newswires 11-09-09 0800ET Related terms: dow jones
http://www.zibb.com/article/5653547/Kraft+Foods+Inc+Offer+By+Kraft+Foods+Inc+For+Cadbury+Plc
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Kraft Foods, Inc. (NYSE: KFT) is the largest food and beverage company headquartered in the United States and the second-largest in the world (after Nestlé SA).
See if Kraft Foods, Incorporated is healthy, safe and natural. Use GoodGuide's expert ratings, ingredients & reviews to compare Kraft Foods, Incorporated to other products.
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Get the latest KFT - Kraft Foods Incorporated Class A stock market performance data. TheStreet is the source for financial market news, trading stock, quotes, and personal finance ...
Kraft Foods [Incorporated]; Exterior and interior of new plant; Shots of suburban domesticity: Date: 00/00/00: Box: LBCB74: Envelope: 92: Notes: 2 negative removed to cold storage.
http://www.library.gsu.edu/spcoll/collections/AV/lane/view.asp?action=box&db=lanecb&box=74
Ted Banks is Chief Counsel and Senior Director, Compliance Policy, at Kraft Foods in Northfield, Illinois. Mr Banks has been involved with corporate compliance programmes for more than 25 years, using adult learning techniques.