Risk/Compliance: Page 146

Kellogg Acquires Iconic Brazilian Food Company Parati Group

Kellogg Company

The acquisition, the company's largest in Latin America, furthers two of Kellogg's strategic priorities — becoming a global snacking powerhouse and expanding its presence in emerging markets.

Parati Group offers a wide range of iconic regional brands, including Parati, Pádua, Minueto, Zoo Cartoon and Hot Cracker biscuits, which make up approximately half of the company's business.

Shipping Logistics Startup FourKites Raises $13 Million in Funding

The startup focuses primarily on trucking, but plans to eventually expand into rail and ocean transportation in the future, as well as shipments that use more than one method of travel.

Government regulations aimed at promoting food safety have spurred the use of sensors to measure temperature, and FourKites wants to tap into those data sources to do predictive modeling for its customers.

Blue Apron Battles Hostile Warehouse Conditions

Business is booming at Blue Apron as the startup struggles to keep up with demand, but now the company is forced to deal with with a spate of violence among warehouse workers at its Jersey City, NJ, distribution warehouse.

Blue Apron Product Shot 54735163b1b8e

Amazon to Open More Brick-and-Mortor Grocery Stores

The e-commerce behemoth continues to cause havoc in the food and beverage sector, as insiders say several planned sites are already in the works and they will include curbside grocery pickup and convenience stores that will sell perishables.

If it now opens brick-and-mortar grocery locations, Amazon would appear to be acknowledging that some kinds of purchases just might not be well-suited for the doorstep-delivery model.

USDA to Spend $20 Million to Purchase Surplus Cheese

Agriculture Secretary Tom Vilsack announced that the USDA is offering to purchase $20 million of cheddar cheese to reduce a private cheese surplus that has reached record levels, then give it food banks and other food and other food assistance recipients.

Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture (USDA) is offering to purchase $20 million of cheddar cheese to reduce a private cheese surplus that has reached record levels.

Russia's Putin Lifts Ban on Fruit from Turkey

According to Russia Today, Russia’s agriculture agency Rosselkhoznadzor will meet and inspect Turkish food companies next week, which many insiders believe will lead to a decision on whether to lift the ban on Turkish vegetables and other products.

File image of Russian President Vladimir Putin.

U.S. Meat Exports Reach Highest Levels Since 2014

Beef export volumes in August rose 26.9 percent, pork exports rose 16.2 percent and lamb exports surged 31.1 percent over last year's levels due to increased volumes exported to Hong Kong, Korea, Japan and Mexico.

August was a strong month for U.S. red meat exports as beef export volume was the largest in nearly two years and both beef and pork exports posted the highest monthly values of 2016, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Is Kroger Targeting Whole Foods for Next Purchase?

Published reports said Kroger was considering a $40 per share bid for Whole Foods – an offer that would spell out a $13 billion takeover.

Published reports said Kroger was considering a $40 per share bid for Whole Foods – an offer that would spell out a $13 billion takeover.

Another Recall Linked to E.coli in General Mills Flour

A breading ingredient supplied to Clear Springs Foods by a supplier was made with wheat flour with the potential presence of E. coli bacteria from the General Mills flour recall.

Distribution details for the Clear Springs Foods Sun-Dried Tomato & Roasted Garlic Trout product were not provided in the recall notice.

Analysis: 3PL Market to Reach $925 Billion by 2020

Grand View Research Inc.

Availability of industry-centric 3PL services and the implementation of Big Data are emerging trends in the 3PL service industry expected to drive the market over the forecast period.

Continuous evolution and development of latest technology and automation systems for enhancing material tracking, value addition, flexibility, and security is expected to emerge as a key differentiating parameter of judgment while selecting a logistics partner.

Walmart on Pace for 10 New Giant Warehouses to Compete with Amazon

As part of the project, Walmart will rely on eight massive e-commerce warehouses around the country, the last of which will be built by year’s end. It will also tap regional carriers to deliver more of its packages, say people familiar with the matter.

Ocean Ports & Carriers

Port of L.A. Director Predicts More Ocean Alliances and Mergers

Port of Los Angeles

Executive director Gene Seroka says in an interview that the growth rate of shipping has slowed because "retailers have watched their inventory levels with an even sharper eye than ever before."

In this Wednesday, Jan. 14, 2015 file photo, shipping containers are stacked up waiting for truck transport at the Port of Los Angeles.

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