Risk/Compliance: Page 206

Norfolk Southern Rejects Canadian Pacific’s Revised Bid

Norfolk Southern Corp.

The consideration offered in the revised proposal is less than the prior proposal, which the Norfolk Southern board unanimously determined was grossly inadequate.

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Norovirus Outbreaks Sickens 200 In Seattle, Wash.

Public health officials closed all the food-service locations inside the Russell Investments Center in downtown Seattle, including a Starbucks location, said Dr. Meagan Kay, a medical epidemiologist for the public health department.

Public health officials closed all the food-service locations inside the Russell Investments Center in downtown Seattle, including a Starbucks location, said Dr. Meagan Kay, a medical epidemiologist for the public health department.

WTO Approves Retaliatory Tariffs on U.S. Produce And Meat Over COOL

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Investor Group Buys Keurig Green Mountain For $13.9 Billion

Keurig Green Mountain, Inc. , and JAB Holding Co. announced that the companies have entered into a definitive merger agreement under which a JAB-led investor group will acquire Keurig Green Mountain for approximately $13.9 billion.

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Food Companies Hustle To Delay Mandatory GMO Labeling

The food industry wants the labeling to be voluntary, and it hopes to get a provision in a massive spending bill that Republicans and Democrats want to wrap up this week.

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Major Food Companies Embrace Global Initiative To Reduce Emissions

The companies participating have combined annual emissions of at least 476 million tons CO2 - equivalent to the emissions of South Africa or 125 coal-fired power plants each year.

The 114 companies that have agreed to set science-based targets represent at least $932 billion USD in total combined profits (2014) - greater than the GDP of Indonesia. Almost a quarter of the companies who have signed up are from the US, with the UK, France, and Canada being the next most common home locations.

CCM CGM Agrees To Acquire Neptune Orient Lines

CMA CGM, a global leader in container shipping, announced a pre-conditional voluntary general cash offer for Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company, subject to the satisfaction of the pre-conditions specified in su

CMA CGM has made a preliminary offer for Neptune Orient and is conducting due diligence, though it hasn’t been granted exclusivity, while discussions with Maersk are less advanced, people with knowledge of the matter said before Neptune Orient’s announcement.

Thai Union Group Scraps Plans To Buy Bumble Bee Seafoods Due To U.S. Regulator Concerns

The deal would have given Thai Union control of some of North America's best-known seafood lines, including two of the three biggest canned tuna brands in the United States, and was part of its quest to hit revenue of $8 billion by 2020.

Trucking Industry Welcomes Highway Bill Agreement; Cites Need For Stronger Measures

ATA is also disappointed the final bill does not address the potential patchwork of state rules unleashed by allowing California and other states to impose their own work and rest rules.

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Highway Bill Opens Door To Lower Truck Driving Age And Other Changes

The bill caps a fierce lobbying battle over recent weeks by an array of groups, including port operators, local transit administrators, organized labor, trucking companies, road builders and others that see this as their best chance to influence spending.

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Food Safety Testing To Grow 7.4% Annually Through 2020 In North America

Research and Markets

The North American food safety testing market is projected to reach $6.4 billion by 2020, at a combined annual growth rate of 7.4 percent from 2015 to 2020.

Rapid detection systems from Celsis are used globally by P&G, Unilever and others to identify the absence or presence of contamination in as few as 18-24 hours.

FMCSA Issues Rule To Protect Drivers From Coercion To Violate Safety Rules

Federal Motor Carrier Safety Administration (FMCSA)

The rule provides FMCSA with the authority to take enforcement action not only against motor carriers, but also against shippers, receivers, and transportation intermediaries.

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