Coca-Cola

Business, Logistics

Container Crisis Gets So Bad, Coca-Cola Switches to Bulk Freight

A worker restocks a display of Coca-Cola Co. soft drinks at a store in Orem, Utah. A worker restocks a display of Coca-Cola Co. soft drinks at a store in Orem, Utah. (George Frey/Bloomberg News)

The cost of shipping stuff in containers has gotten so out of hand that Coca-Cola Co. is switching its cargoes to vessels that are normally only used by industrial commodity traders to help keep its business running.

Alex Longley | Bloomberg News
October 5, 2021
Business, Logistics, Top 100

Coca-Cola to Lay Off 2,200 Workers as it Pares Brands

Coca-Cola truck Steven Senne/File/AP

The Coca-Cola Co. said Dec. 17 it’s laying off 2,200 workers, or 17% of its global workforce, as part of a larger restructuring aimed at paring down its business units and brands.

Dee-Ann Durbin | Associated Press
December 18, 2020
Business

Coca-Cola Tops Profit Estimates as Global Drink Volumes Climb

Coca-Cola Taylor Weidman/Bloomberg News

Coca-Cola Co. shares surged to open at a record high July 23 after its latest earnings got another boost from drinks with less sugar, more than offsetting the company’s sluggish home market.

Craig Giammona | Bloomberg News
July 23, 2019
Business, Technology, Top 100

PepsiCo to Switch From Plastic to Cans for Aquafina Water

pepsi Daniel Acker/Bloomberg News

PepsiCo Inc., facing an industrywide backlash against plastic, will experiment with putting its Aquafina water in cans.

Craig Giammona | Bloomberg News
June 27, 2019