Risk/Compliance: Page 196

12 Nations Sign Trans-Pacific Partnership, Await U.S. And Japan

The TPP will now undergo a two-year ratification period in which at least six countries - that account for 85 percent of the combined gross domestic production of the 12 TPP nations - must approve the final text for the deal to be implemented.

From small freight brokers like Portland, Ore.-based Geo. S. Bush & Co. Inc. to global logistics giants like United Parcel Service Inc., supply chain providers are gearing up for a surge in business they believe the historic agreement will bring to Pacific trade.

BRF In $50 Million Takeover Of Universal Meats

China Seeks To Strengthen Its Food Security With $43 Billion Syngenta Takeover Bid

The largest ever foreign purchase by a Chinese firm, announced by both companies, will accelerate a shake-up in global agrochemicals and marks a setback for U.S. firm Monsanto, which failed to buy Syngenta last year.

China, the world's largest agricultural market, is looking for ways to secure food supply for its population. Syngenta's portfolio of top-tier chemicals, fertilizers and patent-protected seed varieties will represent a major upgrade of its potential output.

Salmonella Linked To RAW Meal Organic Product Sickens 11 In 9 States

On January 29th, the company voluntarily recalled some of its RAW Meal products that were available in chocolate, vanilla, vanilla chai and original flavor, according to the Food and Drug Administration.

Eleven people have been sick with salmonella and one person was hospitalized from a salmonella outbreak linked to Garden of Life RAW Meal Organic Shake & Meal products.

Burger King And Tim Hortons Commit To Cage-Free Eggs By 2025

Restaurant Brands International (RBI), the parent company of Burger King and Tim Hortons, has committed to cage-free eggs by 2025.

poultry backyard 54b54eac50d30

PortMiami Prepares for Daily Shipping to Cuba

Interest in Cuba-bound ferries has been high enough that officials are looking for ways to create temporary terminals

Planning for a new passenger-and-cargo route to Cuba is detailed in hundreds of emails and internal documents obtained by The Miami Herald through Florida’s open-records laws.

China Sentences 10 U.S. Poultry Supplier Workers In Safety Scandal; OSI Group To Appeal

The Shanghai Jiading People’s Court said in a statement Monday that it fined two of OSI’s units—one in Shanghai and another in Hebei province—2.4 million yuan ($365,000) and sentenced 10 people to prison.

Shortly after the ruling, the Aurora, Ill.-based OSI Group said it planned to appeal. It said the Chinese authorities unjustly held OSI employees for 17 months and barred OSI’s senior leaders and reporters from attending the trial.

Ocean Ports & Carriers

Oakland Port Terminal Files For Bankruptcy

In a Chapter 11 petition filed in U.S. Bankruptcy Court in Delaware, Outer Harbor Terminal, which operates part of the Oakland port, listed both assets and liabilities of between $100 million and $500 million.

Outer Harbor Terminal LLC, which operates part of the Oakland, Calif. port, filed for Chapter 11 bankruptcy protection on Monday, two weeks after terminating its lease held in a joint venture with Ports America.

Ocean Ports & Carriers

Traffic Delays Clog New York And New Jersey Port After Strike

International Longshoremen’s Association (ILA)

About 200 trucks were waiting in half-mile lines outside the gates of the Port Newark Container Terminal and Maher terminals on Monday.

With about 60,000 containers passing through the port’s terminals each week, even small delays can cost retailers, manufacturers and other importers thousands of dollars.

Tesco Probe Raises Concerns That Retailers Dominate Food Supply Chain

Tesco says it has mended its ways and Tacon acknowledges “improvements to its handling of payment disputes,” but the investigation has reignited concerns about the gulf that exists between retailers and their suppliers.

Christine Tacon, UK Groceries Code Adjudicator

Truck Drivers Sue Flowers Foods Inc. Over Independent Contractor Status

Several trucking companies operating at the ports of Los Angeles and Long Beach—including, most recently, three subsidiaries of XPO Logistics Inc. —are engaged in similar litigation with independent-operator drivers.

The lawsuits come as independent drivers in various sectors have successfully challenged their status in courts around the country.

Ocean Ports & Carriers

Striking Workers At Ports In New York And New Jersey To Return To Work

International Longshoremen’s Association (ILA)

The Port Authority of New York and New Jersey said Friday night that operations would resume and the International Longshoremen's Association told its members to return to work as it continues working on their concerns.

During the year, the port handled 6,371,720 20-foot equivalent units (TEUs) (or 3,664,013 cargo containers), an increase of 10.4 percent over 2014 when the previous annual record was established.

Page 196 of 434