The company’s cost-cutting efforts also include laying off about a tenth of its corporate staff.
"Trident Seafoods"
Trident Seafoods drops salmon prices due to flooded global markets
Trident announced the price drop in a letter to fishermen on Saturday, saying that chum salmon markets have collapsed.
Trident’s new processing plant in Unalaska will be the largest in North America
Aging infrastructure and decades of wear at the company’s Akutan plant has prompted the seafood company to plan a new facility.
Bristol Bay fishermen protest low base price, lack of transparency from processors
Organizers of the protest are calling on processors to reconsider and improve the base price this season from fifty cents per pound — less than half of last year’s price.
Alaska Airlines’ flying salmon makes one last trip up the Inside Passage
The world’s largest flying salmon took its final swim upstream Tuesday.
Kodiak crab strike ends after 2 weeks
Crabbers agreed to a price with the island’s processors on Saturday.
Bering Sea cod fisherman fights for better catch price amid slow fishing seasons
Nearly 30 boats dropped their anchors or docked up in port, waiting for a better price.
Amid poor chum runs, Trident’s Wrangell plant will stay shuttered for a third year
That leaves one fish processor operating on Wrangell Island.
Bering Sea crabbers and communities are struggling with Alaska’s snow crab decline
The crash has pushed the crab fleet farther north while forcing places like St. Paul to consider major budget shortfalls.
Alaska seafood processors expect higher costs, possible market growth in 2021
Last year, processors spent about $70 million on costs related to the pandemic. This year it’s expected to be even more.