Tyson: Added freight costs won’t hurt product demand
Tyson Foods CEO Tom Hayes says consumer prices will go up some, but not enough to deter demand for company’s products
Facing increasing transportation costs, Tyson Foods is passing some of that additional cost on to the consumers. But the company’s CEO says he does not believe that will have a meaningful impact on the demand for Tyson Foods products.
In a May 7 conference call with reporters, Tyson Foods CEO…