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.

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.

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.

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