The threat of a strike by longshoremen at 15 ports on the US East Coast, which would have likely increased shipping costs, has been temporarily averted, according to Global Development & Management LLC, which helps petfood manufacturers establish export markets.
The International Longshoremen's Association and the Maritime Alliance agreed to extend the current contract until January 28, 2013. The major issue, royalties paid to longshoremen based on cargo weight, was resolved.
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
Public meetings invited comments and provided updates
It gives more direct control to CVM in establishing and maintaining ingredient definitions
While petfood shoppers continue to show strong brand loyalty, pet products have not been immune to the store brand swing
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
There's a disconnect between consumers' confidence in petfoods and their knowledge of what makes the foods nutritious
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