Transportation: Page 469

3PL/4PL
Target Struggles With Food Supply Chain, Considers New Partnerships
Target Corporation
The potential shift to relying on outside partners comes as Target pushes to revamp its food business with newer offerings and aims to get a bigger slice of online grocery sales, which will put new pressures on its food supply chain.
In a move designed to reflect the changing tastes of Americans looking for healthier options, packaged and processed foods will get less optimal shelf space and promotional signage in its grocery aisles in favor of fresh food items.
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Cold Chain
J.M. Smucker To Sell Canned Milk Business To Eagle Family Foods
The transaction includes canned milk products that are primarily sold in U.S. retail and foodservice channels under the Eagle Brand® and Magnolia® brands, along with other branded and private label trade names, with annual net sales near $200 million.
The J. M. Smucker Co. entered into a definitive agreement to sell its U.S. canned milk brands and operations to Eagle Family Foods Group LLC, in a transaction that includes canned milk products that are primarily sold in U.S. retail and foodservice channels under the Eagle Brand® and Magnolia® brands.
Warehousing
Logistics Mergers Let Up Following A Busy Year For Consolidations
This year is on pace to be the sector’s most active since 2006, measured by its total deal value of $97.9 billion.
The Florida Produce facility is expected to store food, drinking water, liquor, telecommunications equipment, building equipment, restaurant equipment and agricultural equipment. It will also serve as a physical location, which will enable the direct transfer of title and goods once paid, as permitted under the newly expanded guidelines.
3PL/4PL
R.R. Donnelley & Sons Acquires Courier Advisory Group
R.R. Donnelley & Sons Company
This acquisition will enhance and expand the capabilities of RR Donnelley’s Logistics Services group, supporting clients' last-mile delivery needs.
RRDonnelley logo 5638e310d6e96
Grocery Retail
West Coast Grocery Chain Fresh & Easy Files For Bankruptcy
Fresh & Easy's website on Friday was topped with a banner proclaiming "Everything must go!" and "All Stores Closing!"
Fresh & Easy LLC, the El Segundo supermarket chain, could file for its second Chapter 11 bankruptcy in two years in the next few days if the company cannot find a buyer for some or all of the 103 remaining locations.
Sustainability
TreeHouse Foods To Acquire ConAgra Foods’ Private Label Operations For $2.7 Billion
Conagra Brands
Under the terms of the agreement, ConAgra Foods will divest the vast majority of its private label operations, which includes a network of 32 manufacturing facilities in the U.S., Canada and Italy.
ConAgra Foods, Inc. has reached a definitive agreement to sell its private label operations to TreeHouse Foods for approximately $2.7 billion in cash.
Ocean Ports & Carriers
Walmart Switches To Wood Grain Plastic Containers For Produce
IFCO
Walmart and IFCO North America have executed an agreement stating IFCO will provide Walmart US with a new generation of wood grain reusable plastic containers (RPCs) for wet and dry produce.
Walmart logo 4 55ae665b56c58
Warehousing
Walgreens To Acquire Rite Aid Corp.
The combination of Walgreens Boots Alliance and Rite Aid creates an opportunity to deliver a retail pharmacy for U.S. consumers in an evolving and increasingly personalized healthcare environment.
Walgreens Boots Alliance, Inc. and Rite Aid Corp. have entered into an agreement under which Walgreens will acquire all outstanding shares of Rite Aid, a U.S. retail pharmacy chain, for a total enterprise value of approximately $17.2 billion.
Transportation
Senate Approves Three-Week Extension For Transpotation Funding
The bill would extend federal transportation spending until Nov. 20 and prevent a shutdown in funding on Thursday, when the current authority expires.
Lawmakers in both chambers have said the temporary patch will provide time for them to finish work on a long-sought multiyear highway funding bill.
Warehousing
Snyder's-Lance, Inc. To Acquire Diamond Foods For $1.91 Billion
The agreement has been approved by the boards of directors of both companies, who recommend that their respective stockholders approve the transaction.
The transaction expands Snyder's-Lance's footprint in 'better-for-you' snacking and increases the Company's existing natural food channel presence.
3PL/4PL
House Passes Deadline Extension For Railroad Safety
The rail industry and its customers have long sought an extension to the year-end deadline to install the safety system, called positive train control, on more than 60,000 miles of track.
Napa valley wine is a growing business for RailAmerica.
Transportation
Trucking Companies Note Weak LTL Demand, May Cut Shipping Rates
September activity is coming in below expectations at many companies, and some large manufacturers are now predicting the industrial sector will contract in the final months of 2015.
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