Warehousing: Page 250

Ocean Ports & Carriers

West Coast Ports, Dockworkers Union Cut Off Talks Without a Deal

Pacific Maritime Association (PMA)

ILWU and PMA agreed on the current contract in February 2015, but it is set to expire at the end of June 2019.

Semi trucks hauling a containers leave the Port of Los Angeles on Monday, Feb. 23, 2015. Nearly all West Coast seaports began the week with dockworkers hustling to load and unload cargo ships that were held up amid a months-long labor-management dispute.

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Alibaba's Lazada Group Acquires Singapore Online Grocer RedMart

With recent reports suggesting that the online grocery market is at an inflection point, the acquisition will provide Alibaba with a strong footprint in a leading global logistics hub in Singapore.

The transaction is expected to be completed in calendar Q4 2016, with Goldman Sachs acting as the financial advisor to Lazada Group while Credit Suisse advises RedMart.

Hold on Online Grocery, Study Shows Consumers Still Satisfied with Supermarket Experience

Retail Feedback Group

The 2016 U.S. Supermarket Experience Study reveals that supermarket shoppers rated quality/freshness of the food and groceries followed by the cleanliness of the store as the two highest-rated core experience factors.

Examining key supermarket retailing fundamentals illustrates that supermarkets performed well in some of these critical areas yet show room for improvement in others.

Delivery App Postmates Raises Another $140 Million in Funding

The new infusion of capital will mostly be used to improve engineering and expand into new markets as Postmates re-emphasizes their efforts to compete with Amazon Prime.

About 6,000 merchants pay for better placement on the app and to be featured in the Postmates Plus Unlimited program, which encourages members to place larger orders in lieu of delivery charges.

Ocean Ports & Carriers

Joint Georgia-South Carolina Port Project Reaches First Milestone

Georgia Ports Authority

The idea is to have the first phase of the new terminal operating in a decade when container capacity at the ports in both Charleston and Savannah begins running out.

The U.S. Army Corps of Engineers has issued a public notice that it plans to prepare a draft environmental impact statement on the proposed terminal in Jasper County on the South Carolina side of the river.

Pepsi to Invest $16.5 Million on New DC in North Carolina

The St. Pauls, N.C., site was chosen from seven options in two states and will consolidate six different distribution centers into the new facility.

Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC) announced that Pepsi Bottling Ventures LLC will create 50 jobs over the next five years at a new $16.5 million distribution center in Robeson County.

Japan's Three Largest Shippers to Merge Container Operations

Nippon Yusen Kabushiki Kaisha, Kawasaki Kisen Kaisha and Mitsui O.S.K. will combine their container operations to create a business worth about 300 billion yen, or $2.9 billion.

The three companies said they expected combining their fleets to save about ¥110 billion per year. The deal is expected to be complete by July 1, with operations beginning in April 2018. The companies’ bulk-shipping lines, which transport cargo like grain and iron ore, will remain independent.

Soybean Exports in 3Q Spark Best GDP Growth in Two Years

Gross domestic product increased at a 2.9 percent annual rate in the third quarter, the strongest since the third quarter of 2014 and beat economists' expectations for a 2.5 percent expansion pace.

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Ocean Ports & Carriers

Maritime Administration Awards $4.85 Million in Grants to Upgrade River Freight Options

Short-sea shipping mode has been hard to jumpstart without government subsidies because most shippers have been reluctant to sacrifice speedier transit times and the lack of dedicated port infrastructure for transfer of containers from trucks to barges.

The U.S. Maritime Administration has announced grants aimed to support five initiatives designed to transport freight on rivers to help relieve congestion on highways and reduce diesel pollution from trucks.

US Foods Acquires Save on Seafood Amid Announced Layoffs

Florida-based Save on Seafood provides frozen whole fish, fish fillets, shrimp, shellfish, lobster, octopus, and other specialty items like shrimp burgers to grocery stores and restaurants in the Southeast.

Last month, AP journalists followed and filmed trucks loaded with freshly peeled shrimp from the Gig shed to major Thai exporting companies and then, using U.S. customs records and Thai industry reports, tracked it globally. They also traced similar connections from another factory raided six months earlier, and interviewed more than two dozen workers from both sites.

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Ocean Ports & Carriers

Gulf Coast Ports Think Ahead

The process to ready Gulf Ports for the Panama Canal expansion began years ago. Take a look at what these forward-thinking ports did to ready themselves for the opening of the Panama Canal’s new locks.

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