Warehousing: Page 312

Ocean Ports & Carriers

Maersk Group Considers Splitting Into Different Companies

A.P. Moller- Maersk

Maersk is now battling on two fronts, with container shipping suffering from historic low freight rates and the oil business dealing with around a 60 percent fall in oil prices.

Danish shipping and oil group A. P. Moller-Maersk could split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive.

Ocean Ports & Carriers

Hapag-Lloyd Teams with INTRRA on Complying with Container Weight Rule

The e-VGM service is available in two versions for carriers and shippers and provides the operational capabilities for digital submission, receipt, processing and auditing of SOLAS-compliant VGMs.

Hapag-Lloyd will connect with the INTTRA e-VGM Service for facilitating compliance with the International Maritime Organization’s container weight requirements.

Survey: Manufacturers Boost Investment in Automation

The survey reveals that the two most common criteria used by U.S. manufacturers for evaluating the performance of new automation technologies are whether they lower total production costs and whether they improve product quality.

Among the top drivers of automation investment by U.S. manufacturing companies are the use by competitors, use by customers, and use by suppliers.

Teasdale Foods Acquires Mesa Foods, Boosting its Hispanic Food Portfolio

Teasdale is a leading national provider of private label and branded Hispanic foods to the retail, food service and wholesale channels.

With the acquisition of Mesa, Teasdale is able to provide an entire suite of private label and branded Hispanic food products to a diverse customer base across a variety of channels including retail, food service, restaurants and wholesale.

Software & Technology

Walmart Sells Chinese E-Grocery Business to Rival JD.Com for 5% Stake

Wal-Mart's tie-up gives it access to JD.com's nationwide logistics and warehousing networks, as well as its over 150 million users, helping expand the U.S. firm's reach with China's increasingly tech-savvy middle class.

The sell-off, announced on Monday, is a significant shift for Wal-Mart in China, where it operates more than 400 brick-and-mortar stores.

Warehouse Costs Set to Rise; What Operators Can Do

By understanding the factors that will shape costs during the three years to 2019, warehouse operators can develop strategies to save money.

Wages are a key cost for warehousing providers, which require a significant amount of labor to handle and manage inventory.

KION Group to Acquire Dematic for $2.1 Billion

Dematic Corporation

KION GROUP will become one of the leading global providers of intelligent intralogistics solutions by acquiring Dematic

After deductions for certain liabilities, the KION Group expects the purchase price for the shares to amount to approximately $2.1 billion USD, based on an enterprise value of Dematic of $3.25 billion.

Why Local Sourcing Complicates Restaurant Supply Chains

Even if you have a standard quality control procedure for all of your sources, you’re not going to be able to monitor them on-site at every location. You’re going to have to put your trust in the suppliers to live up to the expectations.

Local sourcing adds complexity, increases risk and fragments the supply chain, according to John Quelch of Harvard’s T.H. Chan School of Public Health.

Ocean Ports & Carriers

Port of Los Angeles Posts Busiest May Ever; Long Beach also Gains

Port of Los Angeles

Cargo volumes at the Port of Los Angeles increased nearly 11 percent in May compared to the same period last year, marking the busiest May in the Port’s 109-year history.

PortofLA 5762c30ed8107

Moran Transportation Corporation Acquires Mats Trucking

Moran Transportation Corporation has purchased the assets of Mats Trucking, a service-driven carrier within the forwarder and airline line haul/delivery network.

The company operates a network of terminals within the Midwest providing service between Chicago (ORD) and points serviced in Illinois, Indiana, Wisconsin, Minnesota, and parts of Iowa and Michigan.

Hostess Brands Acquires Superior Cake Products

This marks the company’s first acquisition since the Hostess brand returned to the market under new ownership in 2013.

Rail & Intermodal

Restored Railroad to Connect Tijuana to U.S. Rail Facilities

The landmark agreement between Pacific Imperial Railroad (PIR) and Baja California Railroad (Baja Rail) provides a huge economic boost to both sides of the border.

The San Diego region and U.S.-Mexico binational economies lose a staggering $6 billion annually due to long delays in getting trucks carrying freight – such as new automobiles – across the U.S. – Mexico land borders in San Diego, according to a study done by the San Diego Association of Governments. An operational Desert Line will ease congestion, reduce air pollution, promote commerce and create jobs.

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