Transportation: Page 420

CP Working with Canadian Government to Move Record Grain Crop

In order for the system to move record volumes of grain, it is essential that port terminals such as Vancouver operate on a 24/7 basis, remain fluid and that the seaway, especially the Port of Thunder Bay, be utilized to take pressure off Vancouver.

The grain supply chain in Canada, like most efficient supply chains, works best when demand is well-distributed throughout the year.

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Florida East Coast Railway is For Sale

Asset manager Fortress Investment Group LLC is reported to be exploring a possible sale of Florida East Coast Railway Corp.

The holding company of Florida East Coast Railway -- Florida East Coast Industries Inc. -- was taken private in 2007 by funds managed by Fortress in a transaction valued at about $3.5 billion. The fund later spun off the railway operations into a separate company, leaving real estate, logistics and telecommunications assets under the FECI umbrella.

China Sets New Safety Rules for Selling Food Online

Among the new rules is one that requires that online food producers and sellers must guarantee the safe storage and transportation of food sold online which requires refrigeration, insulation or freezing.

The growing fleet of motorbike couriers on Chinese roads is the latest challenge to long-established but struggling Western companies such as McDonald’s Corp. and Yum Brands Inc., which owns KFC and Pizza Hut outlets.

XPO Logistics Workers Vote to Join Teamsters Union

Warehouse workers and truck drivers in Connecticut and Illinois voted to join the International Brotherhood of Teamsters on Wednesday, becoming the first workers at XPO to form a union in the U.S.

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Railroads Continue Tough Year, Losing More Freight to Trucking in 3Q

One of the few bright spots for the railroads is agriculture, as a bumper crop helped drive third-quarter grain carloads up about 17 percent.

For the first 22 weeks of 2016, U.S. railroads reported cumulative volume of 5,274,449 carloads, down 13.7 percent from the same point last year; and 5,648,851 intermodal units, down 2.1 percent from last year. Total combined U.S. traffic for the first 22 weeks of 2016 was 10,923,300 carloads and intermodal units, a decrease of 8.1 percent compared to last year.

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.

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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.

EU Clears Joint Acquisition of Slaney Foods by ABP Group and Fane Valley

ABP Food Group has a number of meat processing plants in Ireland, UK and continental Europe and is an international supplier of fresh beef to the European and global markets. Fane Valley Co-operative Society Limited is a farmer-owned co-operative and is active in meat processing, porridge oats and breakfast cereals, feeds, and operates one slaughterhouse in Northern Ireland.

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.

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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