Transportation: Page 508

Canadian Pacific Railway Revives Bid For CSX Corp.

Canadian Pacific Kansas City (CPKC)

Although Canadian Pacific remains committed to its about $30 billion bid to acquire Norfolk Southern, the company is determined to build a transnational railway and wants to keep its options open.

Canadian Pacific made its first bid to buy CSX in 2014 and was rebuffed then, too.

Anheuser-Busch InBev To Sell Chinese Beer Business For $1.6 Billion

Anheuser-Busch InBev

Shares in China Resources Beer soared as much as 30 percent after the Hong Kong-listed brewer announced on March 2 that it was buying the 49 percent of CR Snow it did not already own.

Supply Chain Visibility

Featured In Food Logistics: Electronic Freight Security (EFS) – What To Expect

FreightWatch International

The January/February issue of Food Logistics offers a primer for the setup and implementation of an electronic freight security (EFS) program, provided by FreightWatch International, the logistics security division of Sensitech Inc.

EFS Icons 56afabd983569

Ocean Container Trade Faces Historic Overcapacity

AlixPartners LLP

The most-recent forecasts expect global container fleet capacity to grow by 4.6 percent in 2016, and another 4.7 percent in 2017, though spot prices for major routes have dropped 21 to 44 percent from a year ago because of plunging demand.

PortofLA idlecrains 54e37d4a86bdb

Target Corp. Taps Amazon’s Valdez To Oversee Supply Chain And Logistics

Target Corporation

Arthur Valdez comes to Target from Amazon where he held leadership positions across the company’s global and domestic supply chain, including transportation, fulfilment and logistics.

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.

Amazon Strikes Distribution Pact With Morrisons Supermarket In The U.K.

Enabling the online retail giant to compete with Britain's biggest supermarket stores and smallest local shops, the deal marks Amazon's latest assault on a British market already buckling under the weight of fierce competition and rapid online growth.

Enabling the online retail giant to compete with Britain's biggest supermarket stores and smallest local shops, the deal marks Amazon's latest assault on a British market already buckling under the weight of fierce competition and rapid online growth.

Fleet Management

Featured In Food Logistics: Fleet Managers Forecast: 2016 Raises The Bar For Regs, Driver Shortages And More

2016 is also a year for some major regulatory changes that call on every player to be up-to-speed on what they have to do.

The electronic logging device (ELD) mandate marks one of the biggest regulatory changes in the fleet industry’s history, requiring many drivers to electronically comply with hours of service (HOS) rules that instruct a driver to take a 30-minute break with every eight hours.

United Natural Foods Inc. Acquires Haddon House Food Products Inc.

United Natural Foods, Inc. (UNFI)

Haddon is a distributor and merchandiser of natural and organic and gourmet ethnic products throughout the Eastern U.S.

United Natural Foods, Inc. has entered into a definitive agreement to acquire all outstanding stock of Haddon House Food Products, Inc. and certain affiliated entities as well as certain real estate, in a cash transaction for approximately $217.5 million.

European Food Retailers Expand Into Non-Food To Improve E-Commerce

To have a chance of turning a profit in grocery e-commerce, retailers need scale and they are more likely to recoup delivery costs if they can get shoppers to add higher margin non-food items to their shopping cart.

As Amazon encroaches on supermarket territory, traditional European retailers are taking bigger steps to fight the U.S. e-commerce giant by offering more non-food products and using extensive store networks as delivery hubs.

Spot Load Volume Jumps 4.1% For Week; Rates Hold Firm

DAT Freight & Analytics

Falling national average spot rates leveled off compared to recent weeks, indicating the start of a possible rise heading into the Spring.

Falling national average spot rates leveled off compared to recent weeks, indicating the start of a possible rise heading into the Spring.

Whole Foods Market Invests In Instacart, Signs 5-Year Pact

The two companies have also signed a five-year delivery partnership, these people said, making Instacart the exclusive delivery partner for Whole Foods’ perishables business.

The $10 billion national grocery store chain is making an investment in the four-year-old delivery startup, according to multiple sources.

Ocean Ports & Carriers

A Fundamental Shift In Ocean Transport

Danish shipping and oil group A. P. Moller-Maersk could split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive.

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