Warehousing: Page 271

Rico Acquires Majority Holding In Circle Express

Circle Express has a countrywide fleet of 300 vehicles operating out of eight aviation security listed depots near the airports at Heathrow, Aberdeen, Birmingham, Exeter, Glasgow, Leeds, Manchester and a cross dock facility in Milton Park, Abingdon.

Circle Express is one of the largest independent networks offering a collection and delivery service specifically targeted at the U.K. air freight forwarding industry and is the preferred U.K. freight distribution carrier for many international freight forwarders.

Ocean Ports & Carriers

Expanded Panama Canal Likely To Open In June

Panama Canal Authority (PCA)

Panama Canal Authority Administrator Jorge L. Quijano told the AJOT at an American Association of Port Authorities conference in Tampa "early May or late May, we should be functional, and maybe June for the inauguration."

This is an artist's impression of the Panama Canal Expansion on completion.

Kerry Logistics To Acquire U.S. Freight Forwarder

The Hong Kong-based company, which specializes international freight forwarding and supply chain services in China and Southeast Asia, said in a conference call that it will acquire a 51 percent stake of an unnamed American company.

Amazon Bids To Become The Biggest Global 3PL

It's part of a strategy to make Amazon the largest third-party logistics (3PL) provider worldwide, from the U.S. to Africa, Latin America, India, and even China where the company has gained ground as it tries to compete with Alibaba and Tmall.

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Uber Prepares Food Delivery App In 10 Cities

In the coming weeks customers in such cities as Los Angeles, Chicago, New York and Austin, Texas, will be able to use a new UberEats app to order from the full menus of dozens of local restaurants and have their food delivered by an Uber driver.

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Ocean Ports & Carriers

Ports America To Exit Port Of Oakland, Invest Elsewhere

Ports America is active in planning its expansion and investment opportunities in its existing locations at both the Port of Tacoma and the ports of Los Angeles and Long Beach.

Idle cranes at the Port of Oakland.

Hershey Seeks Innovation Partner To Ship Chocolate In Hot Weather

The Hershey Company

Hershey has launched a contest calling for companies to help it develop a lightweight, affordable shipping system that will keep chocolate cool even in the warmest months.

ConAgra Foods Inc. Joins Cage-Free Eggs Bandwagon

ConAgra’s supplier quality program outlines specific expectations for appropriate animal care, and the company continues to expand and refine this program.

Conagra Brands will be comprised primarily of the operations currently reported as the company’s consumer foods segment, which generated approximately $7.2 billion in fiscal 2015 revenues, as reported. The consumer foods segment consists of popular leading brands such as Marie Callender’s, Hunt’s, RO*TEL, Reddi-wip, Slim Jim, PAM, Chef Boyardee, Orville Redenbacher’s, P.F. Chang’s and Healthy Choice.

U.S. Xpress Boosts Pay 13.5% For Safe OTR Drivers

U.S. Xpress implemented this pay raise to ensure the company continues to recruit and retain the industry’s most elite and safe drivers.

Starting on March 1st, 2016, U.S. Xpress will implement the safety performance-based pay scale where all OTR solo drivers who have 12 months safe driving record and are accident, CSA violation and ticket free, will earn an additional 13.5 percent. With this pay increase, a safe driver with 5 years of experience could make over $70,000 total compensation.

Feds To Scrutinize Safety Of Canadian Pacific Railway/Norfolk Southern Merger

Canadian Pacific Kansas City (CPKC)

The Federal Railroad Administration, which regulates safety for the U.S. industry, expects to scrutinize the "significant safety hurdles" that would result from merging any of the nation's major railroads.

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Ocean Ports & Carriers

Amazon Moves Into Ocean Freight Forwarding

The Seattle retailer registered itself with a federal agency overseeing ocean transportation, a step towards allowing it to serve as an intermediary for suppliers shipping merchandise in or out of the U.S.

A slowdown in Chinese economic growth has hammered the global shipping industry, which exited the Great Recession to take advantage of low interest rates to buy new ships to handle a rising amount of coal, iron ore and consumer goods. But as China’s factories scale back and the economies of Europe and North America gear down, the amount of cargo traversing the oceans has slowed.

Walmart To Close 269 Stores, Including Walmart Express

Walmart instead will focus on strengthening Supercenters, optimizing Neighborhood Markets, growing the e-commerce business and expanding pickup services for customers.

As part of today’s action, the company will close 154 locations in the U.S., including the company’s 102 smallest format stores, Walmart Express, which had been in pilot since 2011.

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