Warehousing: Page 256

Ocean Ports & Carriers

Hyundai Merchant Marine to Form Mini Carrier Alliance

HMM will join the new partnership, named Mini Alliance, with three other carriers Korea Marine Transport, Sinokor Merchant Marine and Heung-A Shipping.

The alliance plans to deploy 15 vessels on four Southeast Asian routes – covering Singapore, Malaysia, Indonesia, Vietnam and Thailand from South Korean port cities – starting from end-September in an effort to reduce damage caused by Hanjin’s halted operation.

Sponsored Content

Stop wasting hours on manual warehouse decisions

Autoscheduler.ai

Upload schedules, optimize tasks, and remove bottlenecks in minutes with the free Warehouse Decision Agent. Focus on what matters.

Stop wasting hours on manual warehouse decisions

Circle K Owner to Acquire CST Brands, Including Flash Foods, for $4.4 Billion

Laval, Quebec-based Alimentation Couche-Tard said it would pay $48.53 per share for CST, which operates more than 2,000 stores in North America, sells various food and drink products, such as Icee frozen treats, and distributes transportation fuel.

CST's retail brands include Corner Stores, Nice N Easy Grocery Shoppes and Flash Foods.

Ben E. Keith Foods to Acquire Kelley Foods of Alabama

Founded in 1957, Kelley Foods is headquartered in Elba, Ala., and services customers in Alabama, Florida, Georgia, and Mississippi.

The distribution division will be renamed Ben E. Keith Foods – Southeast Division in the coming months, while manufacturing operations will remain Kelley Foods, a division of Ben E. Keith Foods.

Oracle to Acquire LogFire

The addition of LogFire will complement the logistics functionality of the Oracle SCM Cloud by adding cloud-based warehouse management capabilities.

Oracle is currently reviewing the existing LogFire product roadmap and will be providing guidance to customers in accordance with Oracle's standard product communication policies.

Rail & Intermodal

BNSF Launches Faster Intermodal Service Between Pacific Northwest and Texas

This new service option, the first of other new routes that will be announced and rolled out over the next year, comes just in time for the fall fruit harvest in the Pacific Northwest and will help businesses get their products to market more efficiently.

Shippers who move commodities and a wide range of consumer goods between Portland, Ore., or Seattle, Wash. and Dallas/Fort Worth (AllianceTexas) will now be able to reduce their transit times by up to two days when compared to rail transit time options currently in the marketplace.

Court Ruling Weakens Uber Driver Class Action Suit Over Contractor Status

The decision could also limit the scope of a separate class action that had involved 385,000 drivers in California and Massachusetts. Those drivers said they were employees entitled to reimbursement for expenses like gas and vehicle maintenance.

The 9th U.S. Circuit Court of Appeals in San Francisco, Calif. said agreements signed by the two former drivers who filed a proposed class action lawsuit over background checks 'clearly and unmistakably' required a private arbitrator, not a federal judge, to decide whether the claims should be kept out of court.

Ocean Ports & Carriers

CMA CGM Seeks to Sell Neptune Orient Lines’ Port Assets, Including Two in U.S.

The terminals to be put up for sale include Dutch Harbor in Alaska and Global Gateway South in Los Angeles. NOL also operates terminals in China, Taiwan, Japan, Vietnam and Thailand.

The terminals to be put up for sale include Dutch Harbor in Alaska and Global Gateway South in Los Angeles.

Emerging Technologies

Blockchain Technology Tested to Fight Fishing Industry Slavery

With the seafood industry notorious for human rights abuses and illegal fishing, campaigners hope the technology, piloted by a U.K.-based company Provenance, could help retailers, manufacturers and restaurants prove the origins of their fish.

This isn't the first time the fishing industry in Southeast Asia has been accused of worker abuse, with these 11 Burmese migrants were rescued in this file photo from June of 2012.

Ocean Ports & Carriers

U.S. Judge Extends Hanjin Bankruptcy Protection, Helping Vessels Docked at U.S. Ports

The order is temporary and Hanjin will need to return to court on Friday for a final order after talks with stakeholders to try to resolve complex problems involving ports, terminal operators and retailers.

U.S. Bankruptcy Judge John Sherwood approved a motion by the world's seventh-largest container carrier that sought to extend to the United States the protection from creditors that it has under receivership in South Korea.

Kroger Commits to 100% Cage-Free Eggs, Launches Private Label Line

A Kroger-branded line of eggs that quietly hit shelves nationwide this week will make them more affordable to a wider range of consumers.

poultry backyard 54b54eac50d30

Northern Transportation Faces Bankruptcy

Northern Transportation, which delivered construction material to the Distant Early Warning system during the Cold War and the first drilling rig to Alaska’s Prudhoe Bay in 1963, is sinking in debt and faces the end of court-ordered bankruptcy protection.

Owned by an Inuvialuit corporation, the company owes $130 million, most of it to a consortium of Canadian banks.

Ocean Ports & Carriers

Hyundai Merchant Marine to Acquire Hanjin Shipping’s Assets

The creditors and financial authorities opted for the receivership of Hanjin Shipping and the acquisition of Hanjin’s core assets by Hyundai Merchant Marine, with the idea to achieve a merger between the two national flag carriers at a minimum cost.

The financial authorities and creditors are estimating that Hyundai Merchant Marine will have to spend 300 billion won to 400 billion won on the key asset acquisition.

Page 256 of 462