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The 58th Annual Food Shippers of America Conference will be held February 24-26, 2013, at the J.W. Marriott Desert Ridge in Phoenix AZ.
Learn More... The 2013 John J. Murphy Scholarship program will again be available for a child or dependent of a supply chain logistics department employee of a Food Shippers of America member company whose membership has been paid in full. We are offering four awards totaling $11,000.
Learn More... The American Logistics Aid Network (ALAN) has announced that the Food Shippers of America Association (FSA) has joined the ALAN network as an association partner and gold-level sponsor.
PepsiCo, a world leader in convenient snacks, foods and beverages, has named Saddle Creek Corp. as its leading third-party provider. Saddle Creek's Lakeland campus has been awarded PepsiCo's 2011 "Warehousing Excellence Award" for detached distribution centers (DCs) as well as its second annual "Third Party of the Year Award" for playing an integral role in PepsiCo's warehouse delivered system.
Combining their expertise in the shipping, handling and distribution of perishable goods, food product distributor Foodcareplus and international perishable handling services provider Nova Fresh Logistics formed one go-to partnership to provide an integrated seafood logistics service—managing all related requirements from origin to destination, including inspections, customs and throughput for a simplified and ultimately manageable logistics process.
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Ryder System, Inc, a leader in transportation and supply chain management solutions, today announced it has been awarded a contract to provide distribution management and last-mile delivery services in the U.S. and Canada for ColdTech Commercial, a division of leading consumer appliance company, Danby Products. Under the contract, Ryder will provide warehouse management at four distribution facilities for ColdTech in Vancouver, Toronto, Atlanta and Ontario, Calif., and last-mile delivery throughout North America.
Learn More... Diamond Foods, Inc. has announced the appointment of food and beverage industry veteran Brian J. Driscoll as president and chief executive officer effective May 8, 2012. Driscoll, who will join the Diamond Board of Directors, replaces Rick G. Wolford, a sirector who has served as interim chief executive officer since February 7, 2012, while the company conducted a nationwide search for a permanent chief executive.
Learn More... President Barack Obama is rallying union workers by painting a bleak portrait of America’s infrastructure. He blames Republicans for focusing on tax cutting rather than creating jobs by updating and rebuilding highways, railroads and airports.
Learn More... Imperial Sugar Company and Louis Dreyfus Commodities LLC has announced a definitive agreement under which a subsidiary of Louis Dreyfus Commodities LLC will acquire Imperial Sugar through a cash tender offer and second step merger at $6.35 per share. The $6.35 per share represents a 57% premium to Imperial Sugar's closing stock price on April 30, 2012, the last trading day prior to the announcement, and a 50% premium to Imperial Sugar's trailing 30-day volume weighted average stock price.
New officers and board members of the International Association of Refrigerated Warehouses and the World Food Logistics Organization, an education and research foundation affiliated with IARW, were elected at the 2012 IARW-WFLO Annual Convention & Expo.
Learn More... Fitch Ratings affirms Commonwealth Transportation Board's (CTB or the board) $176.6 million of outstanding federal highway reimbursement anticipation notes (FRANs) at 'AA'. The transportation board also has $297.6 million of grant anticipation revenue notes (GARVEEs) outstanding which are not rated by Fitch. Fitch notes that the pledge of federal reimbursements for the GARVEE notes is subordinate to the pledge for the FRANs. The rating outlook remains stable.
Learn More... JDA(R) Software Group, Inc., The Supply Chain Company(R), has announced enhancements to JDA(R) Transportation Manager and JDA(R) Transportation Planner, its comprehensive solutions for effectively managing the entire closed-loop transportation process - from long-range strategies and operational planning to day-to-day execution. The enhancements include access to Chainalytics' Integrated Freight Market Intelligence service, actionable analytics integrated directly into the JDA Transportation solution and improved dock scheduling for more accurate dock worker capacity modeling.
Learn More... llinois Transportation Secretary Ann Schneider has announced a six-year, $9.2 billion transportation plan that focuses heavily on maintenance. The multi-modal plan for 2013-2018 calls for $2.3 billion less in spending than during last year's six-year plan. Spokesmen for the Illinois Department of Transportation said last year's $11.5 billion plan included funds from the 2009 Illinois Jobs Now capital plan, which has been largely expended. The six-year plan announced in 2010 was $12.84 billion, and the 2009 plan spent a record $14 billion.
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Ryder System, Inc., a leader in supply chain, warehousing and transportation management solutions, announced it has expanded its food packaging and distribution capability by investing in significant enhancements to its 327,000-square-foot food packaging and distribution center in Beaver Dam, Wis.
Learn More... The Defense Logistics Agency Troop Support awarded Labatt Institutional Supply Co. a $56.1 million contract to supply food and related products to the Army, Navy, Air Force, federal civilian agencies and the U.S. Coast Guard.
Learn More... Tesoro Logistics LP (NYSE: TLLP) ("TLLP" or the "Partnership") today reported first quarter 2012 net income of $11.6 million, or $0.37 per basic limited partner unit. Distributable cash flow for the first quarter was $13.6 million. On April 20, 2012, the partnership announced its quarterly cash distribution of $11.8 million, or $0.3775 per limited partnership unit, or $1.51 on an annualized basis. This distribution represents a 4% increase over the quarterly distribution of $0.3625 per unit ($1.45 per unit on an annualized basis) paid in February 2012. In the four quarters since its inception, TLLP has increased its distribution to limited partners by 12% on an annualized basis.
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