Warehousing: Page 331

Specialty Food Investor Arbor Investments Acquires DPI Specialty Foods

Arbor Investments is a specialized private equity firm that focuses exclusively on acquiring premier companies in the food, beverage and related industries.

Arbor Investments has completed the acquisition of a majority equity stake in Ontario, California-based DPI Specialty Foods, Inc. from Dublin, Ireland-based Ornua Co-Operative Limited.

U.S. Fleets Post Improved Fuel Economy Using Efficiency Technologies

North American Council for Freight Efficiency (NACFE)

North American Council for Freight Efficiency study finds fleets accelerate adoption of fuel efficiency technologies.

Shrimp Peeled By Slaves In Thailand Finds Its Way To U.S. Supply Chains

Despite repeated promises by businesses and government to clean up the country's $7 billion seafood export industry, an Associated Press investigation has found shrimp peeled by modern-day slaves is reaching the U.S., Europe and Asia.

Last month, AP journalists followed and filmed trucks loaded with freshly peeled shrimp from the Gig shed to major Thai exporting companies and then, using U.S. customs records and Thai industry reports, tracked it globally. They also traced similar connections from another factory raided six months earlier, and interviewed more than two dozen workers from both sites.

Material Handling Equipment

Material Handing Maker Southworth International Group To Acquire Marco Group AB

Southworth offers a large selection of equipment designed to improve productivity and worker safety in applications that involve lifting and positioning.

Southworth International Group, a provider of ergonomic material handling equipment, announced that it has agreed to acquire Marco Group AB, a European manufacturer of similar lifting and positioning technologies in Sweden.

Cold Stone Creamery Parent Kahala Brands Acquires Pinkberry Frozen Yogurt Chain

Pinkberry has more than 260 stores in 20 countries. Terms of the deal were not disclosed.

Kahala Brands, which owns quick-service restaurant names including Cold Stone Creamery and the Great Steak & Potato Co., issued a statement saying that Pinkberry is 'an excellent strategic fit for our company.'

Paris Climate Change Accord: Progress Rests On Every Country’s Commitment

The landmark agreement struck by more than 190 nations in Paris introduces a new international approach to limiting climate change, with all countries rather than just developed industrial nations joining in to pledge to curb their greenhouse-gas emission

Source: Facebook

China’s Cabinet Approves Merger Of The Country’s Two Largest Shipping Lines

The combined entity would become the world's fourth-largest container shipper, with a market share of roughly 8.1 percent.

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Uber Launches UberEATS Food Delivery App In Toronto Today

The in-app version is currently available in 12 cities, but Toronto’s new UberEATS app is different.

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Cola-Cola Co. Overhauls Its U.S. Distribution System

Coca-Cola Company

The company will grant exclusive rights to Coca-Cola Beverages Florida, Coca-Cola Bottling Co. United and Viking Coca-Cola Bottling Co. for the sale and distribution of bottler-delivered Coca-Cola beverages.

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Chipotle Closes Boston Restaurant That Sickened 80 Students

The news comes amid an E. coli outbreak linked to other Chipotle Mexican restaurants that has made people sick in at least nine states since October.

The company temporary closed its Cleveland Circle location in Boston, where the students ate, while health officials investigate.

U.S. Lawmakers To Scrutinize AB InBev/SABMiller Merger

Anheuser-Busch InBev

AB InBev chief executive Carlos Brito will testify before the Senate Judiciary Committee.

A successful takeover would give AB InBev beer brands such as Peroni and Grolsch and control of about half of the industry’s profit.

Norfolk Southern Rejects Canadian Pacific’s Revised Bid

Norfolk Southern Corp.

The consideration offered in the revised proposal is less than the prior proposal, which the Norfolk Southern board unanimously determined was grossly inadequate.

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