Transportation: Page 502

Japan’s Kagome Corp. To Enter U.S. By Acquiring Preferred Brands International

The acquisition sees Kagome enter the U.S. consumer foods area and the company flagged the fast growth of ethnic food sales in the market, which generated sales of $3.4 billion in 2013.

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Sponsored Content

Tales from the Former VP of Fleet Operations for Coca-Cola

RTA

Join fleet hall of famer Steve Saltzgiver, RTA’s senior fleet management consultant, as he shares lessons from his time as VP of Fleet Operations at Coca-Cola and reveals how the four pillars of fleet success can transform your operations.

Tales from the Former VP of Fleet Operations for Coca-Cola

Swisslog Acquires FORTE Industries, Boosting Its Strategy In North America

Swisslog Americas

FORTE’s expertise in conveyor systems, case and piece picking, and sortation solutions, particularly in the e-commerce and multichannel retail segment, will strengthen Swisslog’s offering in North America.

Ocean Ports & Carriers

U.S. Customs Targets Mislabeled Food Imports

This operation is part of a continued effort to interrupt what CBP calls “an extensive network of purposely mislabeled and high-risk agriculture products coming from Hong Kong, China, India and Saudi Arabia.”

Boxes of frozen fillets of catfish of the genus Pangasius -- called basa, swai or sutchi -- that were imported into the United States from Vietnam falsely labeled as sole to avoid anti-dumping duties.

Coca-Cola To Buy Chinese Beverage Company

Coca-Cola Company

Headquartered in Xiamen, Fujian Province, Xiamen Culiangwang's top-selling products include green bean, red bean and walnut flavors of plant-based protein drinks sold under the brand China Green Culiangwang.

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Rivals Resist Sysco/US Foods Merger

The Federal Trade Commission has asked the U.S. District Court for the District of Columbia to temporarily stop the $3.5 billion Sysco/US Foods deal, with a hearing scheduled for May 5 on that preliminary injunction.

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Freight Capacity For Vans And Flatbeds Loosens In Early April

Reefer load-to-truck dropped by 20 percent while spot reefer rates remained flat.

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Nestle To Divest Davigel To Brakes Group

Davigel, which supplies frozen and chilled meals and ice cream to restaurants and hospitals, was part of the Buitoni frozen food business Nestle bought in 1989.

Investment To Spur Tiger Cool Express Refrigerated Container Fleet

Tiger Cool Express, the second largest U.S. operator of 53-foot domestic refrigerated containers, announced in February the acquisition of 200 containers from Quingdao CIMC Special Reefer Co., Ltd. bringing its fleet to 435 containers.

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Ocean Ports & Carriers

Hapag-Lloyd Agrees To Port of Shenzhen Air Quality Program

Hapag-Lloyd has voluntarily undertaken only to use fuel with a sulfur content of less than 0.5 percent while its ships are docked at the terminal.

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.

Truck Driver Shortage Stays High As Freight Volumes Rise

American Trucking Associations (ATA)

Turnover at truckload fleets – a barometer of the driver shortage – remained very high in the fourth quarter of 2014.

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Import Cargo Grows As West Coast Ports Recover

National Retail Federation (NRF)

Ports covered by Global Port Tracker handled 1.2 million Twenty-Foot Equivalent Units in February, the latest month for which after-the-fact numbers are available and historically the slowest month of the year.

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India-Based VRL Logistics Set To Go Public

VRL logistics is in the business of providing surface logistics and parcel delivery with a fleet of 3,546 owned vehicles across 28 states.

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