Safety & Security: Page 280

Software & Technology

Senate Passes Mandatory GMO Labeling Bill

The Senate voted 63-30 for the bill that would display GMO contents with words, pictures or a barcode that can be scanned with smartphones.

The Senate voted 63-30 for the bill that would display GMO contents with words, pictures or a bar code that can be scanned with smartphones. The YES on 522 campaign is a ballot initiative in Washington state that would require labelling of foods containing genetically modified crops.

Risk/Compliance

Wendy’s Hit by Massive Cyber Attack, Places Blame on Service Providers’ Remote Access

Wendy’s has now arranged to offer fraud consultation and identity restoration services to all customers who used a payment card at a potentially affected restaurant during the time when the restaurant may have been affected.

Wendy’s first reported unusual payment card activity affecting some restaurants in February 2016. In May, the company confirmed evidence of malware being installed on some restaurants’ point-of-sale systems, and worked to disable it. On June 9, the company discovered additional malicious cyber activity involving other restaurants. That malware has also been disabled in all franchisee restaurants where it was discovered.

Sysco Corp. Acquires E-Commerce Platform for Restaurant Supplies and Equipment

Sysco Corp. acquired Supplies on the Fly, an e-commerce platform providing restaurant supplies and equipment exclusively to Sysco customers.

In 2009, Sysco entered into an agreement with Instawares Holding, LLC, the owner of Supplies on the Fly, to develop www.suppliesonthefly.com. Sysco also secured an option to purchase all of the equity interests of Supplies on the Fly, which it has now exercised.

Spot Truckload Volume Rises 10% for Past Week Ending

DAT Freight & Analytics

The national average van and reefer rate each gained 1 cent to $1.62/mile and $1.97/mile respectively while the average flatbed rate was $1.95/mile for the third consecutive week.

The national average van and reefer rate each gained 1 cent to $1.62/mile and $1.97/mile respectively while the average flatbed rate was $1.95/mile for the third consecutive week.

GMO Labeling Bill Set for Final Vote in Senate

The bill requires food manufacturers to use one of three types of labels to inform consumers when genetically engineered, or GMO, ingredients are in their products.

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Danone to Acquire WhiteWave Foods Company for $12.5 Billion

Danone North America

The transaction is expected to close by the end of the year, subject to the approval of WhiteWave’s shareholders, regulatory approvals, and customary conditions.

WhiteWave’s business includes highly recognized, category leading brands such as Silk, So Delicious, Vega, Alpro, Provamel, Horizon Organic, Wallaby Organic, Earthbound Farm and International Delight.

Ocean Ports & Carriers

Expanded Panama Canal Smashes Toll Record

Mitsui O.S.K. Lines-operated MOL Benefactor paid a $829,468 toll for the previously too big containership to use the Panama Canal to pass through, breaking the $575,545 toll paid by COSCO Shipping Panama for its inaugural transit of the expanded locks.

The 10,000 TEU MOL Benefactor was actually the first neopanamax containership to use the new locks since commercial operations began June 27, so the transit offers a glimpse of what is likely to come in terms of toll revenue.

Ocean Ports & Carriers

Global Shippers Forum: Carriers And Service Providers Exploit VGM Rules

The GSF is reporting some carriers and other service providers are exploiting the new verified gross mass (VGM) weighing rules by imposing exorbitant and unjustified charges for questionable and unspecified “administration fees” and other “services.”

Chris Welsh, GSF Secretary-General, said: “Shippers worldwide support the safety goals of the container weighing requirements and are committed to fulfilling their regulatory requirements, but this should not be used by supply chain partners as an excuse to impose unjustified fees.'

Amazon Allows Online Ordering Via Alexa, Digital Voice Assistant

Amazon said that Alexa, the digital voice assistant residing inside the company’s Echo smart speaker and Fire TV, can now be used to order tens of millions of items — from sunscreen to batteries to chocolate — by simply asking.

Amazon said that Alexa, the digital voice assistant residing inside the company’s Echo smart speaker and Fire TV, can now be used to order tens of millions of items — from sunscreen to batteries to chocolate — by simply asking.

Overcapacity Drives Down Air Cargo Rates

International Air Transport Association (IATA)

Global trade volumes fell for the first time since 2009 by 1.7 percent between the final quarter of 2015 and the first quarter of 2016 and the International Air Transport Association has lowered its growth forecast for air freight demand in 2016.

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Material Handling Equipment

Honeywell to Acquire Intelligrated for $1.5 Billion

Honeywell International

Intelligrated designs, manufactures, installs and supports conveyor, sortation, palletizers, robotics, AS/RS solutions, warehouse execution systems, labor management software and order fulfillment technologies.

Spot Truckload Rates Unchanged for Recent Week

DAT Freight & Analytics

However, a 9 percent increase in the load-to-truck ratio—to 5.8 available reefer loads per truck—signals that rates are likely to rise soon due to end-of-quarter and pre-holiday demand.

The total number of posted loads fell 6.2 percent while available truck capacity dropped 9.3 percent. Load-to-truck ratios increased across all three equipment types.

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