date:Sep 25, 2012
er. Thats to a large extent driven by some issues in Ecuador and Colombia, mainly weather issues.
Good news for Chiquita
Tighter supplies and higher prices could be welcome news for Charlotte-based Chiquita Brands International. Low prices have hurt Chiquita, which recently announced it would cut $60million worth of expenses and restructure in order to become a high-volume, low-cost commodity company.
In August, Chiquita reported that revenue fell 4percent to $833million for the second quarte