Transportation: Page 517

Presidential Politics Threatens Trans Pacific Partnership Pact

From small freight brokers like Portland, Ore.-based Geo. S. Bush & Co. Inc. to global logistics giants like United Parcel Service Inc., supply chain providers are gearing up for a surge in business they believe the historic agreement will bring to Pacific trade.

Spot Truckload Reefer Volume Shows Strength For Week ending Dec. 26

DAT Freight & Analytics

The number of reefer equipment posts declined 32 percent, indicating a reduced work schedule for truckers during the holidays.

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Featured In Food Logistics: U.S. Fleets Post Improved Fuel Economy Using Efficiency Technologies

Depressed fuel prices have been one of the bright spots for fleet operations in 2015. But most industry observers don’t expect diesel prices to remain where they are indefinitely.

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Trucker Teams Help Carriers Meet Surging Online Orders

Retailers and parcel carriers have been turning this season more than ever to teams, in which drivers pair up to keep trucks rolling for hundreds of miles over 20 or more hours a day.

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Norfolk Southern Corp. Rejects Canadian Pacific’s Latest Acquisition Proposal

Norfolk Southern Corp.

Norfolk Southern Corp. has unanimously rejected Canadian Pacific’s proposal to acquire the company for $32.86 in cash.

After a comprehensive review, conducted in consultation with its financial and legal advisors, the Norfolk Southern board concluded that the indication of interest is grossly inadequate, creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome, and is not in the best interest of the Company and its shareholders.

Spot Truckload Van, Reefer Rates Dip In Recent Week

DAT Freight & Analytics

Demand for capacity on the spot truckload market was stable for the week ending Dec. 19, slipping just 1.9 percent compared to the previous week, according to DAT Solutions, which operates the DAT network of load boards.

Ocean Ports & Carriers

Imports Surge At U.S. Ports

Imports through major U.S. ports surged in November as retailers resumed bringing goods into the country after slowing their restocking earlier in the fall.

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Consolidated Aviation Services Cold Chain Volume Surges At Miami, Fla. Airport

Since Consolidated Aviation Services (CAS) doubled the size of its cool-chain facilities at Miami International Airport (MIA) in 2014, CAS said it has already seen a return on its $2.5 million investment.

Panasonic Corp. To Acquire Hussmann Refrigeration Maker For $1.5 Billion

Japanese electronics maker Panasonic Corp is set to buy U.S. refrigeration firm Hussmann for over 186.6 billion yen ($1.5 billion) in a deal it says will leverage its technology and help it break into the U.S. food distribution industry.

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Emerging Technologies

Featured In Food Logistics: The Top 10 ‘Must Reads’ Of 2015

Big data and analytics have become a necessary tool for every business involved in every stage of the global food supply chain. The same can be said for publishing too.

Robots build pallets at the Coca Cola Co. warehouse in Grand Rapids, Mich.

Featured In Food Logistics: Target Corp. Scrutinizes Its Food Supply Chain

Target Corp., the nation’s second largest retailer, has openly acknowledged many of these challenges and has engaged in some thought-provoking, if uncertain, food initiatives.

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Norfolk Southern To Consider Canadian Pacific’s Revised Offer

Norfolk Southern Corp.

Norfolk Southern Corp. confirmed that the company's board of directors will carefully consider the publicly disclosed, revised proposal from Canadian Pacific with the assistance of its financial, legal and regulatory advisors.

After a comprehensive review, conducted in consultation with its financial and legal advisors, the Norfolk Southern board concluded that the indication of interest is grossly inadequate, creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome, and is not in the best interest of the Company and its shareholders.

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