Transportation: Page 433

Investors Daily News: Amazon Fresh is on the Move

First tested in Seattle almost a decade ago, AmazonFresh has quietly popped up since then in about a dozen cities along the coasts.

If it now opens brick-and-mortar grocery locations, Amazon would appear to be acknowledging that some kinds of purchases just might not be well-suited for the doorstep-delivery model.

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Matson Logistics to Acquire Span Alaska

Span Alaska has been a customer of Matson's Alaska operations for more than 30 years and is currently Matson's largest northbound freight customer to Alaska.

Span Alaska's market leading value-added LCL consolidation model and focus on customer service and reliability will further solidify Matson's position as a critical freight transportation provider to Alaska.

AFN Logistics Acquires HA Advantage to Strengthen its LTL Offering

Retailers are beginning to push smaller, more frequent loads into distribution centers and through their networks to keep pace with e-commerce demands, requiring LTL optimization, a capability AFN is bolstering with the HA Advantage acquisition.

Logistics Real Estate Leader Prologis Reaps Record Results; E-Commerce Drives Demand

Prologis Inc., a global leader in logistics real estate, reported record results for the second quarter of 2016, driven largely by real estate demand boosted by surging e-commerce.

Rents on lease renewals jumped 17.8 percent in the second quarter, compared to a 16.6 percent jump in the same period last year. Rent cash jumped 7.9 percent compared to 5.2 percent last year.

Ocean Ports & Carriers

Ocean Alliance to Deploy Largest Ships to Ever Visit U.S. Ports

The alliance said it initially plans deploy up to 175 container ships with capacities ranging from 4,200 TEUs to up to 18,000 TEUs on its trans-Pacific network with the strongest East and Gulf coast port focus seen in years.

The Ocean Alliance eventually will make room for Singapore’s Neptune Orient Lines Ltd., which agreed to be bought in December by CMA CGM.

FedEx Becomes First Cargo Carrier to Service Cuba

FedEx Corporation

While eight other airlines were granted rights to fly passenger routes between the U.S. and Cuba routes earlier this month, FedEx is the first American cargo carrier to earn this distinction.

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Feds to Test Online Grocery Delivery to Food Stamp Recipients

The USDA spokesperson said "getting the proper technology in place to ensure process integrity" has been a major factor, as few companies have developed the correct encrypted PIN capabilities.

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Utz Quality Foods Inc. to Acquire Golden Enterprises Inc.

Golden Enterprises Inc. and Utz Quality Foods Inc. have entered into a definitive merger agreement, pursuant to which Utz will acquire Golden Enterprises.

Company stockholders will receive $12.00 per share in cash. This price represents a premium of approximately 71 percent over the company's 30-day average closing trading price of $7.00.

Ocean Ports & Carriers

Hapag-Lloyd Finalizes Merger with United Arab Shipping Company

The fleet of the combined company will consist of 237 ships – including UASC´s six recently received 18,800 TEU ships, known for their superior eco-efficiency credentials, as well as 11 newly built 15,000 TEU ships.

The company will be the key player in the new “THE Alliance” – consisting of Hanjin, Hapag-Lloyd, K-Line, Mitsui O.S.K Lines, Nippon Yusen Kaisha and Yang Ming.

Texas Cracks Down on Raw Milk Deliveries

Raw milk demand continues to increase, as consumers claim benefits ranging from fewer allergic reactions and better taste to cures for various diseases, but the CDC says these are anecdotal.

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Continued Expansion for Global Cold Chain

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Ocean Ports & Carriers

Federal Grants to Upgrade Six U.S. Ports; Coos Bay, Oregon gets $11 M For Railway

Federal funding from the Nationally Significant Freight and Highway Projects (FASTLANE) program offers "broad, multi-year eligibilities for freight infrastructure, including intermodal projects."

At the Port of Coos Bay, Ore., the state's largest coastal deep draft port, officials have received an $11 million grant to help repair all nine aging rail tunnels linking the facility with inland transportation networks.

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