Transportation: Page 432

Whole Foods Market Tests Meal Kit Service

Whole Foods, which discussed its plans on a July 27 conference call with investors, didn’t offer many details and did not say how the service would be branded.

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Software & Technology

Oracle to Acquire NetSuite

The transaction is valued at $109.00 per share in cash, or approximately $9.3 billion.

The closing of the transaction is subject to receiving certain regulatory approvals and satisfying other closing conditions including NetSuite stockholders tendering a majority of NetSuite’s outstanding shares in the tender offer.

E-Commerce Solutions

DHL Invests $137 Million in U.S. E-Commerce Infrastructure

The Group's objective is to exploit the global B2C e-commerce market for shipments crossing borders which is expected to grow from $400 billion today to a total global volume of $1 trillion in 2020.

After the first order fulfillment center opened in Columbus, Ohio, last year and followed by a facility in Los Angeles, DHL eCommerce will establish further regional centers in New Jersey and other locations in 2017.

Carrier Wins Driver Classification Suit Against Owner-Operators

The ruling is a victory for CEVA Freight, who challenged the Oregon Department of Labor’s assertion that the company’s owner-operators were wrongly classified as independent contractors.

The American Trucking Associations and the Truck Rental and Leasing Association both filed briefs in support of CEVA in the case.

Americold Acquires Storage Facility in Georgia

Americold Logistics LLC

“The East Point site is centrally accessible within the Atlanta metro area and is a critical component of our Atlanta distribution strategy. It will complement our existing network very well.,” said Fred Boehler, president and CEO of Americold.

Freightos Launches Online Freight Marketplace

Companies can now use its online marketplace to get instant, “incredible rates” on freight quotes, then book and manage shipments online at any time.

Freightos claims inefficiencies in the freight shipping business amounts to about 26 percent of all containers shipped annually and about 30 percent of all trucks on the road being empty.

Anheuser-Busch Raises Offer for SABMiller

Anheuser-Busch InBev

The world's largest brewer, seeking to secure attractive markets in Latin America and Africa by taking over its nearest rival, also improved the terms of an alternative share-and-cash offer designed for SABMiller's two largest shareholders.

A successful takeover would give AB InBev beer brands such as Peroni and Grolsch and control of about half of the industry’s profit.

Ocean Ports & Carriers

Private Equity Firm Acquires St. George Logistics

St. George Logistics is North America’s largest provider of outsourced ocean container freight station services and a major provider of air CFS.

STG is expected to be the first acquisition in the development of a leading logistics platform providing import/export and value-added warehousing and distribution services to this core client base.

U.S. Postal Service to Expand AmazonFresh Delivery Service

In partnership with AmazonFresh, the delivery service has the USPS’s fleet delivering fresh groceries and prepackaged goods to customers in 38 zip codes, including metropolitan areas such as Sacramento, Los Angeles, San Diego and New York City.

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Last-Mile Innovation: DHL to Deliver from Smartphones to Smart Cars in Germany

The DHL program is the latest in a series of last-mile cargo delivery options designed to meet the needs of e-consumers while avoiding common delivery obstacles, ranging from overenthusiastic family pets to poorly marked addresses.

Jürgen Gerdes, CEO Post - eCommerce - Parcel at Deutsche Post DHL Group and Smart CEO Annette Winkler at the press conference on the start of the joint pilot.

China Ratifies UN TIR Convention, Offering New International Trade Routes

EU-China trade reached EUR 520 billion in 2015, and some 60 percent transited by sea, according to Eurostat estimates, while rail and road accounted for some 10 percent of China’s exports to the EU, and 3.2 percent of the EU’s exports to China.

EU-China trade reached EUR 520 billion in 2015, and some 60 percent transited by sea, according to Eurostat estimates, while rail and road accounted for some 10 percent of China’s exports to the EU, and 3.2 percent of the EU’s exports to China.

Ahold Delhaize Merger Brings Mega Food Retailer

Ahold Delhaize moves forward as one of the world`s largest food retail groups, a leader in supermarkets and e-commerce, and a company at the forefront of sustainable retailing.

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