Industry News

IFDA Applauds Passage of Tax Cuts and Jobs Act

IFDA applauds Senate Majority Leader Mitch McConnell, Finance Committee Chairman Orrin Hatch and their Republican colleagues for passing legislation that represents the largest reduction in business tax rates in our nation’s history to bring much needed relief to American businesses. The bill reduces the corporate tax rate to 20% and ensures closer parity between different types of businesses by increasing the pass-through business deduction to 23 percent. Given that IFDA Members currently pay an average effective tax rate of 37%, a tax reduction of this magnitude will allow our member companies to use the savings to invest in growing their businesses.

Frank Case of Performance Foodservice Receives 2017 Mike Roach Leadership Award

Frank Case, EVP at Performance Foodservice, Temple, TX, was presented the 2017 Mike Roach Leadership Award during the IFDA Distribution Solutions Conference. Case was one of 34 students in the 2017 IFDA Executive Development Program and the award recognizes the top student contributor. Performance Foodservice is a division of Performance Food Group, headquartered in Richmond, VA.

IFDA Applauds House Passage of the Save Local Business Act

"IFDA commends the U.S. House of Representatives on the passage of H.R. 3441 – the Save Local Business Act. This legislation provides much needed clarity, protects business relationships, and promotes economic growth. The NLRB-created joint employer definition is far too broad and poses an existential threat to American economic growth.
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The CEO Perspective on the Future of Foodservice Distribution

The IFDA 2017 Distribution Solutions Conference (DSC) was a great opportunity to gain insight into operations, management, leadership, and general business tips from those who know best. Even with so many experts and industry leaders speaking, one general session stood out. Moderated by John Tracy, Executive Chairman, Dot Foods, Inc., industry leaders Andy Mercier, President & CEO, Merchants Foodservice, Nicole Mouskondis, Co-Chief Executive Officer, Nicholas & Company, Inc., and Tom Zatina, President, McLane Foodservice Distribution, Inc. provided the C-Suite perspective on foodservice distribution. They shared their perspectives on what it takes to win in today’s marketplace.

IFDA Statement on Proposed Tax Reform Plan

IFDA applauds Chairman Kevin Brady of the House Ways and Means Committee, his colleagues on the Committee, and Republican leaders for producing a historic tax reform plan that will bring much needed relief to American businesses. The legislation would represent the largest reduction in business tax rates in our nation’s history and ensures closer parity between different industries. Wholesaler-distributors are currently taxed at an effective tax rate of 37%, which is significantly higher than many other industries. A tax plan that views reform through the lens of effective tax rates is more fair and equitable than our current system.  In addition, the bill immediately doubles the estate tax exemption and then phases in full repeal.  IFDA has long supported this kind of comprehensive tax reform.

IFDA Embraces the Future at 2017 Distribution Solutions Conference

At the opening session of the conference, IFDA Vice Chairman John Tracy of Dot Foods, Inc., briefed attendees about a new long-term strategic plan that IFDA will implement over the next three years and beyond.

New Research Finds Foodservice Distribution Employees Earn Far Above National Average

IFDA, in partnership with Paradox Compensation Advisors, today released the results for their 2017 Hourly Compensation Survey.  The survey revealed that average wages for foodservice distribution employees are highly competitive and surpass those of many other occupations for U.S. workers.

Rep. Devin Nunes visits Saladino’s Foodservice

On August 24, Rep. Devin Nunes (CA-22) visited Saladino’s Foodservice in Fresno, CA. The Congressman met with Saladino’s leadership and Fresno Warehouse Operations team, topics included: the current driver shortage, tax reform and food safety. Rep. Nunes then toured the facility and was impressed with the product traceability advances through the GS1 initiatives and the recently upgraded warehouse management system. “Rep. Nunes always takes the time to learn as much as he can about our operation and the issues that negatively impact the industry. His office frequently checks in with us to ask additional questions and find out if there is any way they can be of assistance. When Rep. Nunes is in his district I know can count on him to be available to meet on any government issues. He is a tremendous asset to have as a business advocate,” said Craig Saladino, President & CEO.

IFDA Announces Enhanced Focus on Disruptive Innovation and C-Suite Executive Summit at DSC 2018

IFDA opened the 2017 IFDA Distribution Solutions Conference (DSC) with major announcements about the strategic direction of the organization. In front of a packed crowd, IFDA Vice President of Industry Relations, Brian Lynch announced an enhanced focus on innovation and disruptive technology at the 2018 DSC including an Innovation and Technology Pavilion on the show floor, an Innovation & Technology Track, and a keynote address from Ray Kurzweil, one of the world's leading inventors, thinkers, and futurists.  Additionally, IFDA announced the launch of a new C-Suite Executive Summit that will coincide with the DSC going forward. The 2018 DSC will take place October 28-30 in San Antonio, Texas.

New Research Report Explores Independent Restaurant Market

Today, IFDA released a new research report that explores current trends and outlook for the independent restaurant market. Inside the Mind of the Independent Restaurant Operator provides strategic insight into how the evolving landscape of independents affects foodservice distribution.