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Transportation: Page 518
Transportation
Rising Oil Prices Hammer Gulf Logistics Industry
While the oil price slump could deliver cost relief for the logistics industry, any negative impact on the economic growth of the Gulf Cooperation Council (Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and UAE) could spell trouble for the sector in 2015.
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.
Ocean Ports & Carriers
Biggest Ship MOL Competence Arrives at TraPac Jacksonville JAXPORT
Jacksonville Port Authority (JAXPORT)
TraPac Jacksonville Vice President and General Manager Dennis Kelly explains how larger cargo ships like MOL's Competence contribute to Northeast Florida's thriving economy.
3PL/4PL
'Uber For Logistics' Lalamove Gets $10 M For China/Southeast Asia Expansion
The company offers iOS and Android apps that allow customers to move items across a city using its network of ‘regular’ drivers. Its business model is basically akin to an ‘Uber for logistics’ since anyone with a valid license and car can be a driver.
3PL/4PL
ABF Logistics Acquires Smart Lines Transportation Group For $5.17 M
ArcBest
Smart Lines, founded in 2003, has 24 employees and approximately $18 million in annual revenue, primarily serving the food, energy and industrial segments.
3PL/4PL
Port Of Antwerp Reports Record Growth In 2014
Port of Antwerp had handled around 198.8 million tons of freight by the end of the 2014.
Warehousing
Dunkin’ Donuts Set To Enter Mexico
The franchise agreement calls for the development of more than 100 Dunkin’ Donuts restaurants in the Distrito Federal, as well as the states of Hidalgo, México, Morelos, Jalisco, and Querétaro, over the coming years.
Foodservice
Emergency Airlift Puts Fries Back On McDonald’s Menu In Japan
McDonald's Corp.
Labor disputes on the U.S. West Coast are curbing exports of fries, leaving Japanese restaurants scrambling to secure fresh supplies.
Grocery Retail
Grupo Bimbo To Acquire Saputo’s Bakery Division
Grupo Bimbo
Mexico's Grupo Bimbo SAB de CV, the world's No. 1 breadmaker, has agreed to buy the bakery division of Saputo Inc., almost one year after buying Canada Bread from Maple Leaf Foods for C$1.83 billion.
Cold Storage
IARW Global Cold Storage Capacity Report Shows Strong Worldwide Growth
Global Cold Chain Alliance (GCCA)
The report shows that the total capacity of refrigerated warehouses was estimated at 552 million cubic meters worldwide in 2014, an increase of 92 million cubic meters (20 percent) over 2012.
Foodservice
UK Division Of TGI Friday’s Acquired By Electra Partners
The London-based private-equity firm is acquiring the 66-unit TGI Fridays division in the United Kingdom for $155.3 million in a management-led buyout.
3PL/4PL
Study: Worst US Locations For Truck Freight Congestion
American Transportation Research Institute (ATRI)
The number one spot on the ATRI list this year is the George Washington Bridge, which connects New York and New Jersey.
Cold Chain
Global Reefer Shipping Market Poised For Modest Growth To 2019
In the report “Global Reefer Shipping Market 2015-2019,” the major regions analyzed are North Americas, EMEA, and APAC.
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