Transportation: Page 525

Logistics Mergers Let Up Following A Busy Year For Consolidations

PricewaterhouseCoopers LLP (PwC)

This year is on pace to be the sector’s most active since 2006, measured by its total deal value of $97.9 billion.

The Florida Produce facility is expected to store food, drinking water, liquor, telecommunications equipment, building equipment, restaurant equipment and agricultural equipment. It will also serve as a physical location, which will enable the direct transfer of title and goods once paid, as permitted under the newly expanded guidelines.

R.R. Donnelley & Sons Acquires Courier Advisory Group

R.R. Donnelley & Sons Company

This acquisition will enhance and expand the capabilities of RR Donnelley’s Logistics Services group, supporting clients' last-mile delivery needs.

West Coast Grocery Chain Fresh & Easy Files For Bankruptcy

Fresh & Easy's website on Friday was topped with a banner proclaiming "Everything must go!" and "All Stores Closing!"

Fresh & Easy LLC, the El Segundo supermarket chain, could file for its second Chapter 11 bankruptcy in two years in the next few days if the company cannot find a buyer for some or all of the 103 remaining locations.

TreeHouse Foods To Acquire ConAgra Foods’ Private Label Operations For $2.7 Billion

Under the terms of the agreement, ConAgra Foods will divest the vast majority of its private label operations, which includes a network of 32 manufacturing facilities in the U.S., Canada and Italy.

ConAgra Foods, Inc. has reached a definitive agreement to sell its private label operations to TreeHouse Foods for approximately $2.7 billion in cash.

Walmart Switches To Wood Grain Plastic Containers For Produce

Walmart and IFCO North America have executed an agreement stating IFCO will provide Walmart US with a new generation of wood grain reusable plastic containers (RPCs) for wet and dry produce.

Walgreens To Acquire Rite Aid Corp.

The combination of Walgreens Boots Alliance and Rite Aid creates an opportunity to deliver a retail pharmacy for U.S. consumers in an evolving and increasingly personalized healthcare environment.

Walgreens Boots Alliance, Inc. and Rite Aid Corp. have entered into an agreement under which Walgreens will acquire all outstanding shares of Rite Aid, a U.S. retail pharmacy chain, for a total enterprise value of approximately $17.2 billion.

Senate Approves Three-Week Extension For Transpotation Funding

The bill would extend federal transportation spending until Nov. 20 and prevent a shutdown in funding on Thursday, when the current authority expires.

Lawmakers in both chambers have said the temporary patch will provide time for them to finish work on a long-sought multiyear highway funding bill.

Snyder's-Lance, Inc. To Acquire Diamond Foods For $1.91 Billion

The agreement has been approved by the boards of directors of both companies, who recommend that their respective stockholders approve the transaction.

The transaction expands Snyder's-Lance's footprint in 'better-for-you' snacking and increases the Company's existing natural food channel presence.

Rail & Intermodal

House Passes Deadline Extension For Railroad Safety

The rail industry and its customers have long sought an extension to the year-end deadline to install the safety system, called positive train control, on more than 60,000 miles of track.

Napa valley wine is a growing business for RailAmerica.

Trucking Companies Note Weak LTL Demand, May Cut Shipping Rates

September activity is coming in below expectations at many companies, and some large manufacturers are now predicting the industrial sector will contract in the final months of 2015.

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Walmart Seeks Permission To Test Home Delivery Drones

The world's largest retailer by revenue has for several months been conducting indoor tests of small unmanned aircraft systems – the term regulators use for drones – and is now seeking for the first time to test the machines outdoors.

Drone Delivery 545a3be1658bd

Kellogg Nears $1 Billion Merger With Diamond Foods

Kellogg Company

If the talks result in a deal, Kellogg, whose cereal lineup includes Frosted Flakes, Froot Loops and Rice Krispies, would further transition toward snack foods.

Kellogg Co. is in late-stage talks with snack maker Diamond Foods about acquiring the $1 billion company.

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