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Warehousing: Page 264
Cold Chain
Investors to Probe Danone WhiteWave Foods Takeover Bid
Danone North America
At $56.25 per share, Danone's offer represents a premium of approximately 24 percent over WhiteWave's average 30-day price of $45.43. Analysts are divided over whether the offer price is high.
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Robotics
Autonomous Robots Deliver Food in Europe
Starship Technologies
Starship Technologies has been testing its robots in 12 countries over the past nine months, but this will be the first time businesses will be using the technology to deliver real orders to paying customers.
Risk/Compliance
Wendy’s Hit by Massive Cyber Attack, Places Blame on Service Providers’ Remote Access
Wendy's
Wendy’s has now arranged to offer fraud consultation and identity restoration services to all customers who used a payment card at a potentially affected restaurant during the time when the restaurant may have been affected.
Foodservice
Sysco Corp. Acquires E-Commerce Platform for Restaurant Supplies and Equipment
Sysco
Sysco Corp. acquired Supplies on the Fly, an e-commerce platform providing restaurant supplies and equipment exclusively to Sysco customers.
Cold Chain
Danone to Acquire WhiteWave Foods Company for $12.5 Billion
Danone North America
The transaction is expected to close by the end of the year, subject to the approval of WhiteWave’s shareholders, regulatory approvals, and customary conditions.
Ocean Ports & Carriers
Expanded Panama Canal Smashes Toll Record
Mitsui O.S.K. Lines-operated MOL Benefactor paid a $829,468 toll for the previously too big containership to use the Panama Canal to pass through, breaking the $575,545 toll paid by COSCO Shipping Panama for its inaugural transit of the expanded locks.
Warehousing
Honeywell to Acquire Intelligrated for $1.5 Billion
Honeywell International
Transportation
Spot Truckload Rates Unchanged For Past Week
DAT Freight & Analytics
National average spot truckload rates were unchanged as spot market activity slowed during the week ending June 25, according to DAT Solutions.
Regulations
Vermont’s GMO Label Law Takes Effect Today
Vermont’s law requiring nearly all food labels to disclose genetically engineered ingredients takes effect today.
Ocean Ports & Carriers
U.S. Ports To Provide Truck Scale Weights For SOLAS Weight Verification; Shippers Still Cite Uncertainties
The new SOLAS Verified Gross Mass container weighing regulation will go into effect today.
Warehousing
Featured In Food Logistics: How To Keep The Lid On Warehouse Energy Costs
Managing energy offers one of the greatest opportunities for improving profitability.
Warehousing
Walmart Expands Free Two-Day Shipping To Battle Amazon
Walmart
Wal-Mart Stores Inc. launched a free 30-day trial of ShippingPass, its two-day shipping program for shoppers in the United States, as the world's largest retailer looks to take on Amazon.com Inc.'s Prime subscription service.
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