McDonald’s to sell a McVegan burger in Europe

McDonald’s is going vegan.

The fast food chain plans to start selling a McVegan burger in hundreds of restaurants across Sweden and Finland starting on December 28.

The sandwich, which has already been tested at a handful of McDonald’s locations in Finland, consists of a soy patty, bun, tomato, lettuce, pickles, onion, ketchup, mustard, oil and an egg-less sandwich sauce.

“Like our other burgers, the McVegan is tasty and has a good texture,” said McDonald’s (MCD)spokesperson Henrik Nerell.

The meatless burger, which was developed in partnership with a specialty Norwegian food company called Orkla, could help the American chain capitalize on increased demand for vegetarian and vegan foods.

McDonald’s said the burger will be on its permanent menu in the two countries, a response to “more and more” people wanting to eat “plant-based food” that is better for the environment.

“As the main ingredient is plant-based, the McVegan is considered to have a smaller climate impact,” McDonald’s said. Livestock farming is responsible for around 14.5% of global greenhouse gas emissions, according to the UN.

Mikael Malkamaki, a 24-year-old student who tried the McVegan during its test run in Finland, said he was impressed by the taste.

“I would say it tasted like a normal, regular hamburger,” said Malkamaki, who is concerned about the environmental impact of meat. “I would seriously try the McVegan again because there wasn’t such a big difference between the burgers.”

McDonald’s isn’t the only food company to jump on the vegan diet, which involves cutting out all meat, milk, eggs and animal products.

Nearly 10% of new food launches in Sweden this year were vegan items, according to research firm Mintel. That’s up nearly eight-fold from 2012.

Nestle (NSRGY) announced in September it was buying the specialty food company Sweet Earth, which makes vegan and vegetarian burritos and burgers.

“As many as 50% of consumers now are seeking more plant-based foods in their diet and 40% are open to reducing their traditional meat consumption,” Paul Grimwood, CEO of Nestle USA, said at the time.

Global sales of vegan-labeled foods increased by nearly 8% last year to $12.8 billion, according to research firm Euromonitor.

GREAT! I will return!!!

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Hunter Harrison: Developed ‘precision railroading’ to optimize efficiency

Collected from MANY sources

“Hunter is a legendary railroader, and for good reason,” Lee Klaskow, a Bloomberg Intelligence analyst, said in a 2017 interview. “The Canadian railroads have some of the lowest operating ratios, which is driven by his philosophy — precision railroading. He wrote the playbook on efficiency.”

In his 2005 book, “How We Work and Why: Running a Precision Railroad,” Harrison laid out his core principles for running a rail carrier: service, cost control, asset utilization, safety and people. The volume is still required reading for anyone getting into the industry.

“This book is about running the best damn railroad in the business,” he wrote. “Run a tight ship, and you can expect a reasonable return; manage it badly, and the sheer weight of assets will sink you.”

In his four-and-a-half years as CEO of Canadian Pacific, Harrison transformed the carrier from the worst-performing major North American railroad to the second-best — trailing only his former employer, Canadian National. When he left Canadian Pacific in January 2017, the company’s market capitalization stood at about C$28.2 billion ($22 billion) — about C$15 billion more than when he took over.

“We’re going to do more with less,” Harrison told investors at a presentation in December 2012, less than six months after taking over Canadian Pacific. “We’re going to make those assets really sweat.”

Harrison cut staff and pushed the railroad to run longer and faster trains to reduce fuel and labor costs. He also revamped the executive team, while closing several hump yards — used to separate and sort rail cars — and inter-modal terminals in cities including Chicago and Milwaukee to set the stage for potential land sales.

“Professionally, Hunter was unmatched in this industry. He will go down as the best railroader ever, plain and simple,” Keith Creel, president and CEO of Canadian Pacific, said in a statement. “His legacy will be felt at our company forever.”

CP will lower its flags to half-mast across its network to honor Harrison, said Creel, who worked under Harrison at three different companies.

CSX, spurred on by its shareholders, hired Harrison two months after he quit Canadian Pacific and approved picking up the $84 million payout that he left on the table.

Ewing Hunter Harrison was born in Memphis, Tennessee, on Nov. 7, 1944. He began his career in 1963 as an 18-year-old carman-oiler for St. Louis-San Francisco Railway Co., lubricating train wheels while attending the University of Memphis. He moved to Illinois Central in 1989 as chief operating officer, joining Canadian National when it acquired the Chicago-based carrier in 1998.

Harrison was twice named “Railroader of the Year” by Railway Age magazine — in 2002, while serving as Canadian National’s chief operating officer, and in 2014 for his role at Canadian Pacific — becoming one of only a handful of executives to win the award twice.

It was a script that echoed his move on CP, but this time no battle for the boardroom was required. CSX investors, who saw their shares soar by 35 per cent on news of his intentions, threw their support behind him and he was named CSX’s head in March.

Anthony Hatch, a railway consultant in New York who first met Mr. Harrison in 1990, said the railroader was one of the industry’s revolutionaries – skilled at squeezing efficiencies out of a network of tracks, yards and customers that spanned thousands of kilometres.

Read more on the fantastic career of Hunter Harrison
https://penneyandkc.wordpress.com/e-hunter-harrison/