Transportation: Page 444

Cold Chain
Dean Foods Co. To Acquire Friendly’s Manufacturing And Retail Business For $155 Million
Dean Foods
Friendly's Ice Cream, with $166 million in net sales in 2015, is an iconic brand that produces popular packaged ice cream and other frozen dessert products, including single-serve sundae cups, novelty items, cakes and rolls.
In addition to acquiring Friendly's manufacturing and retail ice cream business, Dean Foods will acquire the Friendly's trademark as well as all intellectual property associated with the ice cream business.
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Transportation
CMA CGM Pulls Plug On Only Megaship Service To U.S. Ports
CMA CGM
A spokesman for CMA CGM confirmed in an email that the carrier decided to postpone the deployment of megaships to the U.S. West Coast.
According to documents on CMA CGM’s website, the Benjamin Franklin is now running a route between Asia and Europe, where larger ships are more commonly used.
Transportation
Old Dominion and ABF Freight Charge Extra on California Freight Due to Labor Rules
Old Dominion Freight Line Inc.
The nearly $6-per-shipment surcharge, levied by ABF Freight System Inc. and Old Dominion Freight Line Inc., comes after California this year began requiring trucking companies to pay drivers for time spent refueling, on rest breaks and other periods.
The nearly $6-per-shipment surcharge, levied by ABF Freight System Inc. and Old Dominion Freight Line Inc., comes after California this year began requiring trucking companies to pay drivers for time spent refueling, on rest breaks and other periods.
Warehousing
C&S Wholesale Grocers Inc. To Acquire Davidson Specialty Foods
Davidson provides direct store delivery services for over 6,000 specialty, kosher, and ethnic products to independent and chain retailers across New England and the New York metropolitan area.
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Warehousing
The New York Times Expands Into Meal Delivery
The Times is partnering with meal-delivery startup Chef’d, which will send the ingredients to readers within 48 hours.
The Times’ foray into meal delivery is another example of how the publisher is looking for new ways to make money from its content, brand and journalists to hedge against the uncertain future of newspapers.
Transportation
West Coast Ports Remained Busiest U.S. Ports Despite Labor Woes In 2015
The ports of Los Angeles and Long Beach, Calif., maintained the first and second spots, respectively, as the leading U.S. ports despite volume losses caused by labor disputes in 2015.
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Ocean Ports & Carriers
East Coast Ports Not Ready For Enhanced Panama Canal
As the wider, deeper canal nears its debut next month, ports that stand to gain aren’t ready to handle the bigger ships that will come through.
Another possible drag on new canal traffic is the slumping global economy, which has pummeled shipping rates and left many cargo ships idle.
Ocean Ports & Carriers
Ocean Carriers Mull Carbon Emissions Rules
The shipping sector, like aviation, was excluded from any target cuts under last year's Paris climate deal, which set a goal of restricting the rise in global average temperature to less than 2 degrees Celsius.
The International Maritime Organization (IMO), the U.N. agency responsible for regulating pollution from ships, forecasts CO2 emissions from vessels rising anywhere between 50 percent and 250 percent by 2050 in its 'business as usual' case, as economies grow and trade increases.
Software Solutions
Kewill To Acquire LeanLogistics
Kewill
Kewill, a provider of software for supply chain execution, has agreed to purchase LeanLogistics from parent Brambles, Limited.
Kewill, a provider of software for supply chain execution, has agreed to purchase LeanLogistics from parent Brambles, Limited.
Warehousing
Container Carriers Negotiate Third Ocean Carrier Alliance
The companies at stake are Hapag-Lloyd, Hanjin, Hyundai Merchant Marine (HMM), MOL, NYK, ‘K’ Line, Yang Ming, and UASC, along with Hamburg Sud which has a series of agreements with UASC.
The companies at stake are Hapag-Lloyd, Hanjin, Hyundai Merchant Marine (HMM), MOL, NYK, ‘K’ Line, Yang Ming, and UASC, along with Hamburg Sud which has a series of agreements with UASC.
Transportation
Weak Long-Haul Demand Impacts Class 8 Truck Orders
North American Class 8 truck net orders fell for the fourth consecutive month to 13,500 units, showing a negative 16 percent month over month and minus 39 percent year over year comparisons and the lowest April since 2009.
North American Class 8 truck net orders fell for the fourth consecutive month to 13,500 units, showing a negative 16 percent month over month and minus 39 percent year over year comparisons and the lowest April since 2009.
Transportation
Diesel Prices Continue Upward Movement In 2016
The average price of a gallon of diesel fuel increased 6.8 cents, hitting $2.266 in the U.S. Despite a string of price increases this year, the price is still 58.8 cents cheaper than it was in the same week last year.
The average price of a gallon of diesel fuel increased 6.8 cents, hitting $2.266 in the U.S. Despite a string of price increases this year, the price is still 58.8 cents cheaper than it was in the same week last year.
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