Warehousing: Page 268

Kroger Shares Jump Despite Pressures from Amazon, Walmart

Shares of the grocer jumped as much as 14 percent—the most in almost 25 years—after the company posted same-store sales that beat estimates.

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Blue Apron’s CEO, Co-founder Steps Down

The meal kit service said Thursday that co-founder and CEO Matt Salzberg was stepping down. Chief financial officer Brad Dickerson will take over.

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New York Food Distributor to Close after 68 Years

The changing face of the grocery business has made it harder for small, independently owned food distributors like Willowbrook Farms to compete.

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Chobani Updates Logo, Packaging as Yogurt Sales Decline

Chobani is trying to protect its place in the yogurt case with a new design, a big marketing push and a reduced-sugar line.

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Falling Prices, Rising Wages Squeeze Supermarket Profits

While pricing cuts at Target and Amazon’s Whole Foods are pressuring margins, grocery stocks are getting squeezed by wage pressures as well.

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Hapag-Lloyd Orders 3,700 Refrigerated Containers from Maersk

Hapag-Lloyd has made the purchase to be more sustainable, and is the first carrier to widely deploy the environmentally-friendly low Global Warming Potential (GWP) R513A refrigerant blend recently introduced by Maersk.

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Hormel Foods to Merge Grocery and Specialty Foods Segments

The merged segments will deliver revenue and cost synergies.

Dollar Tree is Goldman Sachs ‘Top Pick’ in Food Retail

Dollar Tree’s core customers consist of lower-income families who are less likely to spend on paying food delivery charges. As a result, the company is somewhat immune to the increasing online threat.

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Ocean Ports & Carriers

Veteran Omar Shamsie Named President of Maersk Line in North America

A.P. Moller- Maersk

Maersk Line has appointed Omar Shamsie the new president of Maersk Line in North America, effective Dec. 1.

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Risk/Compliance

US Business Groups Want NAFTA Trucking Rules to Stay Intact

More than 100 U.S.-based retailers, agriculture groups and transportation councils urged in a letter to the government’s trade agency to preserve trucking provisions in any new version of the North American Free Trade Agreement.

Supply Chain Visibility

Kraft Heinz Selects FourKites for Real-Time Supply Chain Tracking and Analytics

The partnership enables Kraft Heinz to predict shipment arrival times, track load temperatures and analyze transportation operations.

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Conagra's Frozen Food Investment Is Paying Off

Appetite for frozen meals appears to be growing across the aisle, with dollar sales increasing 2 percent in the year ended Oct. 28, according to Nielsen.

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