Transportation: Page 518

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.

Risk/Compliance

Featured In Food Logistics: Tracking The Future Of Food Logistics

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C&S Wholesale Grocers, Inc. Acquires FreshKO Produce Services Inc. In California

The business will continue to operate under the respected FreshKO brand as a wholly-owned subsidiary of C&S Wholesale Grocers, Inc.

C&S Wholesale Grocers, Inc., the Keene, N.H.-based wholesale grocer, has acquired FreshKO Produce Services, Inc., based in Fresno, Calif.

Körber Acquires Efacec Handling Solutions

Infios (formerly known as Körber Supply Chain)

Körber technology group completed its acquisition of Efacec Handling Solutions, strengthening its presence across Portugal, Czech Republic, India, Singapore, and Spain.

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Independent Truckers Sue To Halt ELD Mandate

Owner-Operator Independent Drivers Association (OOIDA)

“This rule has the potential to have the single largest, most negative impact on the industry than anything else done by FMCSA,” said Jim Johnston, OOIDA president and CEO.

OOIDA previously challenged a similar mandate in the courts. In August 2011, the U.S. Court of Appeals for the 7th Circuit vacated a proposed electronic logbook rule based on the argument of harassment of drivers.

U.S. Meat Labeling Spat Creates Confusion For Shippers And Producers

The U.S. took a step towards defusing the row on Wednesday when the U.S. Congress approved a spending bill that includes the repeal of federal laws mandating meatpackers identify where animals are raised and slaughtered.

The North American spat pitting Canada and Mexico against the U.S. over meat labels has sown confusion among producers and shippers in all three countries, with a trade war potentially just weeks away, according to Reuters.

Rail & Intermodal

Canadian Pacific Revises Offer For Norfolk Southern Corp.

Canadian Pacific Kansas City (CPKC)

Canadian Pacific has added contingent value rights (CVR) to the offer, which increase the overall value of the offer and also protect the value to NS shareholders going forward.

Canadian Pacific Railway Ltd., the second-biggest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry.

Florida: Primed For Perishables

Across the Sunshine State ports and infrastructure are ready for the expansion of the Panama Canal with hopes to become the preferred destination of perishables from the Americas.

An aerial view of PortMiami's recently completed deep dredge project that makes the port the only global trade hub south of Virginia capable of handling post-Panamax ships.

6 Steps Toward Optimizing Wine & Spirits Operations

Borrowing proven strategies from the grocery sector is a good starting point.

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Tracking The Future Of Food Logistics

A focus on transportation fundamentals contrasted with developments in food safety and security, telematics, the IoT, grocery e-commerce, and new ways to think about agriculture and consumption are leading the list.

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The Top 10 “Must Reads” Of 2015

Take a look at the Food Logistics articles your peers made the most popular from the past year.

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

Target Corp. Scrutinizes Its Food Supply Chain

Target Corporation

The nation’s second largest retailer seeks to correct out of stocks and make food a shopping destination for consumers.

Target wants to make its food section a destination for shoppers. Consultants have said the company needs to focus on its outer ring selections offering fresh, refrigerated and frozen food.

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