Warehousing: Page 266

Drayage Provider Total Transportation Services Files For Bankruptcy

The company said in a court filing that "downward pricing pressure from some of its major clients over the past year" along with mounting costs of litigation with independent drivers had proven more than it could manage.

Premium Transportation Services Inc., known locally as Total Transportation Services Inc. (TTSI), one of Southern California's largest port trucking companies, filed for chapter 11 bankruptcy protection on Monday in federal court in Delaware.

VersaCold Logistics Services Acquires Coastal Pacific Xpress In Canada

The acquisition comes just one month after the announcement of VersaCold's acquisition of Gary Heer Transport and the launch of its newest subsidiary, VersaCold North America Transportation Solutions Limited (VNATS).

VersaCold Logistics Services, Canada's largest supply chain solutions company focused exclusively on the handling of temperature sensitive products, has entered into an agreement to acquire Coastal Pacific Xpress (CPX), British Columbia’s largest refrigerated carrier specializing in the shipping of perishable and ambient products throughout Canada and the U.S.

Whole Foods To Install Rooftop Solar Panels At 100 Sites

Whole Foods plans to install rooftop solar panels at up to 100 locations in deals with NRG Energy and billionaire entrepreneur Elon Musk's SolarCity, according to USA Today.

In a decision late on Tuesday, U.S. Magistrate Judge Nathanael Cousins in San Jose, California said PETA failed to show that Whole Foods' alleged misrepresentations on in-store signs, placards and napkins defrauded consumers into overpaying.

How Collaborative Robots Will Transform Logistics

Deutsche Post DHL

Current research shows that 80 percent of logistics facilities today are still manual.

The report highlights that the development of the next generation of robots that can see, move, react to their environment and work at precision tasks alongside people, is on a fast track powered by the explosion in labor-intensive e-commerce and diminishing and ageing workforces.

Food Companies Ramp Up Food Origin Disclosure

Companies are rushing to meet consumers’ increasing demand to know more about what’s in their food, where it came from, and how it was produced, according to The Wall Street Journal.

The North American spat pitting Canada and Mexico against the U.S. over meat labels has sown confusion among producers and shippers in all three countries, with a trade war potentially just weeks away, according to Reuters.

Canadian Pacific Railway Files Proxy Statement In Proposed Norfolk Southern Merger

Canadian Pacific Railway has filed a statement with the Securities and Exchange Commission that the shareholders request that the board of directors engage in good faith discussions with them regarding the proposed merger.

CanadianPacific rail 56c200b3f1a65

Global Investment Group To Acquire The Fresh Market For $1.36 Billion

The Fresh Market, Inc. a specialty grocery retailer and an affiliate of Apollo Global Management, LLC has entered into a definitive agreement whereby certain funds managed by Apollo will acquire The Fresh Market for approximately $1.36 billion.

The transaction was unanimously approved by the board of directors of The Fresh Market, other than Ray Berry, chairman and founder of The Fresh Market, who recused himself from all board discussions related to the review and from the Board vote approving the transaction.

Ocean Ports & Carriers

Port Of Long Beach Delivers Highest Volume February in 105-Year History

Port of Long Beach

The port saw strong gains last month by moving 561,412 TEUs (20-foot equivalent units), a 35.9 percent increase over the same month last year.

The arrival of the biggest ship to visit North America, the 18,000-TEU CMA CGM Benjamin Franklin, catapulted the Port of Long Beach to its highest cargo volume for the month of February and extended cargo growth for an eighth consecutive month.

Amazon Leases 20 Boeing 767 Aircraft To Build Air Cargo Network

Amazon could cut its soaring shipping costs if it relies less on external delivery services, such as UPS, FedEx or the U.S. Postal Service.

Air Transport Services Group (ATSG) has been running trials of a fully customized air cargo network for Amazon since last summer.

Feds Raise Concerns About Proposed Canadian Pacific, Norfolk Southern And CSX Merger

Justice Department antitrust chief Bill Baer, appearing before a Senate antitrust subcommittee, said the voting trust was “an area of concern” because it could allow merging parties to accomplish much of the merger before a government antitrust review.

Justice Department antitrust chief Bill Baer, appearing before a Senate antitrust subcommittee, said the voting trust was “an area of concern” because it could allow merging parties to accomplish much of the merger before a government antitrust review had taken place.

New Jersey Transit Strike Threatens Freight Rail Service

Norfolk Southern Corp.

Norfolk Southern Corp., CSX Corp. and their wholly-owned subsidiary Conrail could face minor to moderate interruptions if they can’t run on NJ Transit’s tracks during a work stoppage.

NJ Transit dispatchers who control signals and train movements on the railroad’s territory could effectively shut down those tracks if they didn’t show up for work. Employees could go on strike as soon as Sunday morning.

Chipotle Closes Massachusetts Store Over Norovirus

The move appears to be a preemptive one, in the wake of the company's well publicized and damaging E. coli outbreak late last year.

In the case of the Billerica, Mass., restaurant, no customers have yet been reported sick. WBZ-TV reports that the company closed the restaurant after an employee was diagnosed with norovirus and two others reported similar symptoms.

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