Transportation: Page 514

Kerry Logistics To Acquire U.S. Freight Forwarder

The Hong Kong-based company, which specializes international freight forwarding and supply chain services in China and Southeast Asia, said in a conference call that it will acquire a 51 percent stake of an unnamed American company.

Food Industry Faces Daunting Logistics Challenge Committing To Cage-Free Chickens

That process could take anywhere from 15 to 20 years plus the amount of time it takes to build the new system, which will add a few million dollars.

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Risk/Compliance

Record Storm Snags Services And Deliveries

Freight movers in the mid-Atlantic and Northeast said the effects of the storm would be mitigated by the fact that the worst snow is expected over the weekend, when many operations are already scaled down.

Transportation operators across the densely packed mid-Atlantic and Northeast regions scaled down operations to brace for the storm. Several airlines canceled passenger flights out of Washington, D.C., and New York airports and the Amtrak passenger rail network said it had “canceled or truncated” services on lines stretching from New Orleans to Chicago and New York.

FMCSA: 34-Hour Restart Contingent On Suspending HOS Rules

Federal Motor Carrier Safety Administration (FMCSA)

Reimplementation of the rules, suspended by Congress in late 2014, is contingent on the recently completed study's review by the DOT, the Office of the Inspector General and Congress itself.

Teamsters Oppose Canadian Pacific/Norfolk Southern Merger

Canadian Pacific Kansas City (CPKC)

The Teamsters Rail Conference stated its opposition to the forced takeover attempt in a letter from Rail Conference President Dennis R. Pierce to the Surface Transportation Board (STB) dated January 18, 2016.

The Teamsters Rail Conference represents more than 70,000 active railroad workers whose constituent unions are the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Brotherhood of Maintenance of Way Employes Division (BMWED).

Global Cold Chain To Grow 13.9% Through 2020

Zion Market Research

The global cold chain market is mainly driven by increasing need of efficient storage system for perishable goods to avoid wastage of food products.

Cold chains facilitate farmers to store perishable agriculture produce such as vegetables and fruits and increase its shelf life.

Wine Rush: Getting Your Wine To Global Markets ...Highlights

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Amazon Bids To Become The Biggest Global 3PL

It's part of a strategy to make Amazon the largest third-party logistics (3PL) provider worldwide, from the U.S. to Africa, Latin America, India, and even China where the company has gained ground as it tries to compete with Alibaba and Tmall.

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Spot Truckload Rates Tumble In Week Ending Jan. 16

DAT Freight & Analytics

Diesel prices plummeted 7 cents to $2.11 per gallon, the lowest national average price since March 2009, and caused surcharges to be adjusted downward.

The U.S. average retail pump price for gasoline also declined this week by 3.4 cents to $1.822 per gallon, which is 24.6 cents cheaper compared to the same week in 2015.

Uber Prepares Food Delivery App In 10 Cities

In the coming weeks customers in such cities as Los Angeles, Chicago, New York and Austin, Texas, will be able to use a new UberEats app to order from the full menus of dozens of local restaurants and have their food delivered by an Uber driver.

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Ocean Ports & Carriers

Ports America To Exit Port Of Oakland, Invest Elsewhere

Ports America is active in planning its expansion and investment opportunities in its existing locations at both the Port of Tacoma and the ports of Los Angeles and Long Beach.

Idle cranes at the Port of Oakland.

Rail & Intermodal

Canadian Pacific Petitions Justice Department In Norfolk Southern Corp. Takeover Bid

Canadian Pacific Kansas City (CPKC)

CP is asking the U.S. Department of Justice to review recent actions by a number of major U.S. railroads who have stated publicly that they are organizing a collective campaign to block significant mergers in the railroad industry.

CP believes it is unfortunate that the company must take the very serious step of writing to the Department of Justice but ultimately concluded the unprecedented action of major competitors organizing to block a new entrant from enhancing competition to the U.S. merited the attention of the antitrust authorities.

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