Risk/Compliance: Page 138

Spot Rates Slip But Stay Strong

With available capacity up 5% compared to the previous week, national average load-to-truck ratios weakened: the van ratio was down 3% to 2.7 available van loads per truck; the refrigerated load-to-truck ratio dropped 5% to 6.4.

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LPWA Technology and IoT to Change How the Cold Chain Operates

One of the most impactful new developments is a category of wireless technology called low-power, wide-area (LPWA) technology, along with other new innovations the emergent IoT will offer the cold chains of the future.

Many vendors utilize passive data loggers in order to keep costs down. But because of the extreme increases in battery life and reduced module costs offered by LPWA technologies, these savings can be pushed into other investments, like purchasing more active loggers.

Port of Virginia Approves Massive Expansion of Wharf, Rail and Stock Yards

Port of Virginia

The new deal provides for a roughly $320 million expansion that will nearly double the facility’s capacity. The buildout is expected to take about three years.

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OOIDA Files Another Appeal Targeting FMCSA's Sleep Apnea Provision

Federal Motor Carrier Safety Administration (FMCSA)

The Owner-Operator Independent Drivers Association claims the DOT slipped in a provision on sleep apnea screening into the final rule that was not included in the proposed rule, thereby bypassing the legal rulemaking process.

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Kraft Heinz Recalls Weight Watchers Frozen Desserts Due to Listeria

The recall is for approximately 100,000 cases of Weight Watchers Smart Ones Chocolate Chip Cookie Dough Sundae frozen desserts.

This issue was identified when Aspen Hills, the supplier of the cookie dough pieces used as an ingredient in Weight Watchers Smart Ones Chocolate Chip Cookie Dough Sundae frozen desserts, reported positive test results for Listeria monocytogenes.

Feds Sentence Cheese Company Exec to 15 Months in Prison

Christian Rivas, the owner of Miami-based cheese company Oasis Brands Inc., was sentenced to 15 months in federal prison for criminal violations related to pathogen-contaminated food linked to a deadly Listeria outbreak in 2014.

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The Food Industry Sounds Off on Trump Presidency

Many within the food industry and surrounding sectors believe it’s too early to tell exactly what this U.S. administration will look like - and, more importantly, what policies we all can expect for food, farming, sustainability, labor, labeling and more.

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Malaysian PM: No TPP Without the U.S.

"In its current guise, the TPP agreement cannot come into force without the U.S.'s involvement," Malaysian Prime Minister Najib Razak told the Nikkei Asian Review.

Malaysian Prime Minister Najib Razak (left) poses with President Barack Obama at the U.S.-Asean Leaders Summit in February.

Korea Line Outbids Hyundai Merchant for Hanjin Assets

In a surprise decision, a Seoul court on Monday awarded Korea Line, a midsize bulk-shipping operator, the first right to purchase the assets of Hanjin’s Asia-U.S. route, as well as its stake in a California terminal.

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Software & Technology

Upcoming Holidays to Accelerate Online Grocery Shopping

Analysts say the holidays are particularly important for the online grocery delivery sector because there may be more consumers using it not just for restocking the refrigerator, but for orders when they forget something and don't have time to get it.

Click-n-Collect

Millennial's Healthy Eating Habits Challenge Food Supply Chain

The U.S. organic market posted record sales in 2015, skyrocketing to $43.3 billion, up 11 percent from 2014. Globally, organic, functional and allergen-free foods sales just might reach $1 trillion in 2017 , according to Euromonitor International.

Havas anticipates the gluten-free market to grow 68 percent in the next five years, Paleo to grow 364 percent, vegetarian and vegan markets to grow 86 percent and raw to grow 101 percent. Food is the new social currency, and beyond that, now viewed as a mechanism for managing personal and planetary health. People are placing their food dollars where their personal values are.

Software & Technology

Saudi Arabia, UAE Billionaire Launch E-Commerce Platform in Middle East

Dubai-based businessman Mohamed Alabbar and Saudi Arabia's Public Investment Fund announced the e-commerce platform named Noon.com will start in January and will offer 20 million products for the Arab world.

E-commerce has struggled to gain a significant foothold in the Middle East, despite its young and tech-savvy population, hampered by inadequate logistics and electronic payment methods.

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