Warehousing: Page 227

Ocean Ports & Carriers

COSCO Shipping offers $6.3 billion for Orient Overseas

COSCO Shipping Holdings Co. has offered to buy OOIL for $6.30 billion, in a deal that will see the mainland China group become the world's third largest container liner.

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Amazon is Not Developing Its Own Line of Wines Quite Yet

Despite the number of reports Thursday, Amazon has not entered the wine business. The confusion seems to stem from a press release from King Estate Winery, which has launched a direct-to-Amazon wine label called “Next.”

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Target Remodels Underway in Dallas Market

Target has kicked off a $220-million, 28-store renovation project in the Dallas-Fort Worth market.

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Ocean Ports & Carriers

COSCO Container Fleet to Get $1.78 Billion Upgrade

The group plans to buy six mega container ships from Shanghai Waigaoqiao Shipbuilding Co., and another eight container vessels from Shanghai Jiangnan Shipyard Co.

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JP Morgan Predicts Wal-Mart Might Enter a Bidding War Over Whole Foods

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Catch-Up Logistics Invests in Rail with New Transloading Facility

The increasing demand for rail freight transportation led Catch Up to expand upon their 20-year-old rail efforts.

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Blockchain Technology will Reinforce the Fresh Food Sales Boom

Blockchain technology is emerging as a key enabler as the industry looks to reshape supply chains to meet customers' changing demands.

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Will Amazon Face a Rival Bidder for Whole Foods?

Wall Street signaled Monday that it expects a rival offer for Whole Foods to surface, and many industry and merger experts agreed.

Nestlé Looks to Vend Its U.S. Candy Business

Nestlé put its U.S. confectionery business up for sale, as it grapples with how to cater to U.S. consumers' increasing demand for healthy snacks.

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Amazon is Buying Whole Foods in $13.4 Billion Deal

Amazon said on Friday that it had agreed to buy the upscale grocery chain Whole Foods for $13.4 billion, as the online retailer looks to conquer new territory in the supermarket aisle.

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L.A. and Long Beach Port Truck Drivers, Warehouse Workers Plan to Strike Monday

Drivers and warehouse workers will picket XPO Logistics terminals Monday, and spread their picket lines to Intermodal Bridge Transport and California Cartage Co. on Tuesday.

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Applying Supply Chain Best Practices to the Budding Cannabis Industry

Supply chain standards for the cannabis industry are lagging even as its popularity grows.

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