Warehousing: Page 302

Oracle to Acquire LogFire

The addition of LogFire will complement the logistics functionality of the Oracle SCM Cloud by adding cloud-based warehouse management capabilities.

Oracle is currently reviewing the existing LogFire product roadmap and will be providing guidance to customers in accordance with Oracle's standard product communication policies.

Rail & Intermodal

BNSF Launches Faster Intermodal Service Between Pacific Northwest and Texas

This new service option, the first of other new routes that will be announced and rolled out over the next year, comes just in time for the fall fruit harvest in the Pacific Northwest and will help businesses get their products to market more efficiently.

Shippers who move commodities and a wide range of consumer goods between Portland, Ore., or Seattle, Wash. and Dallas/Fort Worth (AllianceTexas) will now be able to reduce their transit times by up to two days when compared to rail transit time options currently in the marketplace.

Court Ruling Weakens Uber Driver Class Action Suit Over Contractor Status

The decision could also limit the scope of a separate class action that had involved 385,000 drivers in California and Massachusetts. Those drivers said they were employees entitled to reimbursement for expenses like gas and vehicle maintenance.

The 9th U.S. Circuit Court of Appeals in San Francisco, Calif. said agreements signed by the two former drivers who filed a proposed class action lawsuit over background checks 'clearly and unmistakably' required a private arbitrator, not a federal judge, to decide whether the claims should be kept out of court.

Ocean Ports & Carriers

CMA CGM Seeks to Sell Neptune Orient Lines’ Port Assets, Including Two in U.S.

The terminals to be put up for sale include Dutch Harbor in Alaska and Global Gateway South in Los Angeles. NOL also operates terminals in China, Taiwan, Japan, Vietnam and Thailand.

The terminals to be put up for sale include Dutch Harbor in Alaska and Global Gateway South in Los Angeles.

Emerging Technologies

Blockchain Technology Tested to Fight Fishing Industry Slavery

With the seafood industry notorious for human rights abuses and illegal fishing, campaigners hope the technology, piloted by a U.K.-based company Provenance, could help retailers, manufacturers and restaurants prove the origins of their fish.

This isn't the first time the fishing industry in Southeast Asia has been accused of worker abuse, with these 11 Burmese migrants were rescued in this file photo from June of 2012.

Ocean Ports & Carriers

U.S. Judge Extends Hanjin Bankruptcy Protection, Helping Vessels Docked at U.S. Ports

The order is temporary and Hanjin will need to return to court on Friday for a final order after talks with stakeholders to try to resolve complex problems involving ports, terminal operators and retailers.

U.S. Bankruptcy Judge John Sherwood approved a motion by the world's seventh-largest container carrier that sought to extend to the United States the protection from creditors that it has under receivership in South Korea.

Kroger Commits to 100% Cage-Free Eggs, Launches Private Label Line

A Kroger-branded line of eggs that quietly hit shelves nationwide this week will make them more affordable to a wider range of consumers.

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Northern Transportation Faces Bankruptcy

Northern Transportation, which delivered construction material to the Distant Early Warning system during the Cold War and the first drilling rig to Alaska’s Prudhoe Bay in 1963, is sinking in debt and faces the end of court-ordered bankruptcy protection.

Owned by an Inuvialuit corporation, the company owes $130 million, most of it to a consortium of Canadian banks.

Ocean Ports & Carriers

Hyundai Merchant Marine to Acquire Hanjin Shipping’s Assets

The creditors and financial authorities opted for the receivership of Hanjin Shipping and the acquisition of Hanjin’s core assets by Hyundai Merchant Marine, with the idea to achieve a merger between the two national flag carriers at a minimum cost.

The financial authorities and creditors are estimating that Hyundai Merchant Marine will have to spend 300 billion won to 400 billion won on the key asset acquisition.

GE Transportation Acquires ShipXpress

ShipXpress Inc.

The agreement extends GE Transportation’s portfolio of solutions into the logistics value chain, giving it new offerings for shippers, and expanding its ability to deliver information and transaction services for railroad customers around the world.

GE Transportation, a producer of rail and transportation-related products and offerings, has acquired ShipXpress, a provider of cloud-based software solutions that enable transportation, industrial, and commodities businesses to efficiently operate with supply chain partners.

C.H. Robinson to Acquire APC Logistics

C.H. Robinson Worldwide, Inc.

The two companies have had a long-standing exclusive agent relationship for business in Australia and New Zealand.

The acquisition is expected to be accretive in 2016 and 2017 and will be financed through cash and funds drawn from C.H. Robinson’s existing revolving credit facility.

Emerson Acquires Locus Traxx and PakSense

These investments in cargo solutions allow Emerson to provide consistent and safe control of food and other temperature-sensitive goods.

Emerson is a partner with shipping companies, trucking lines and refrigerated container manufacturers, providing technology and services to ensure the integrity of cold chain assets.

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