Food Business News - Sep 18, 2007 - (Page 1)

FoodBusinessNews ® September 18, 2007 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY I.B.C. on life support? Judge overrules N.Y.C. calorie-posting initiative 12 R.-T.-D. coffee niche is growing 33 More than water 43 MARKET WATCH AP WIDE WORLD PHOTOS NEW YORK - Fast-food restaurants in New York City will not be required to post calorie information on their menus and boards, U.S. District Judge Richard J. Howell ruled. The city passed a resolution effective July 1, 2007, requiring restaurants that serve standardized portion sizes and that already made calorie information available voluntarily to post calorie information on menus. "We are encouraged by and appreciative of today's court decision," said Peter Kilgore, acting interim president and chief executive officer of the National Restaurant Association, Washington. "This decision highlights some of the flaws in the New York City Board of Health's regulation, which would have attempted to punish the Continued on Page 22 The judge's decision means many New York City restaurants are not mandated to post calorie information on menu boards. Chicago wheat futures (December 2007 contract monthly highs) per bus $10 $9.07 $8 Looking down the road $6 Freight costs continue to rise even as fuel prices moderate $4 $4.06 $2 Jan. April July Oct. Jan. April July 2006 2007 Wheat futures prices were at record highs last week. KANSAS CITY - Shipments of all types of freight by both truck and rail are down from a year ago, while costs to shippers and shipping companies continue to increase. "In general tonnage has been off this year for all types of transportation," said Bob Costello, chief economist for the American Trucking Association (A.T.A.). The latest A.T.A. truck tonnage index was down 2.6% from a year ago through July. Tonnage in July was in fact down 3.7% from July 2006, the index showed, although on a seasonally adjusted basis, July 2007 tonnage was up 0.3% from June. As with other parts of the economy, the slowdown in the housing market has had a significant impact on the trucking industry, the A.T.A. said. "The weakness in the residential construction market continues to have a disproportionately larger impact on truck tonnage than the number of loads transported," Mr. Costello said. "Construction freight on average weighs more than general freight." The actual number of "for hire" loads in the first half of 2007 was up 0.4% from Continued on Page 40

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Food Business News - Sep 18, 2007