A red 2007 Freightliner Columbia pulling a white 2006 Great Dane reefer trailer was stolen on June 10 at a truck stop located at 1126 Hammondville Road in Pompano Beach, Fla. The truck has "JIL-Express INC." on the doors, and the trailer was loaded with frozen fish. TRACER lists a Florida license plate of F0280V and a VIN number of 1FUJA6CK57LY83449 for the truck. The trailer has a Florida plate of an unknown number and a VIN number of 1GRAA06216W703676.
Visit http://www.landlinemag.com/Story.aspx?StoryID=33563 to view the full article online.
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Kellogg Co. will lay off 280 people in La Palma, effective July 29, as it shutters a distribution center, according to notices filed with the state. The company will also lay off 230 people in Roseville, effective Aug. 4. The layoffs include the distribution center, sales and merchandising employees. The Michigan-based company announced in February that it would move from direct-store delivery centers, like the one in La Palma, to a warehouse model. Warehouses are already used by Pringles and the rest of its North American business.
Visit http://www.ocregister.com/2017/06/15/kellogg-to-lay-off-280-as-it-closes-an-o-c-distribution-center/ to view the full article online.
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Food Shippers of America is proud to announce its partnership with Cvent in creating a new registration process for the 63rd Annual Food Shippers of America Conference scheduled March 11-13, 2018, at the JW Marriott Desert Ridge in Phoenix, AZ. Registration is on target to open July 1, 2017. If you have attended an FSA conference in the last three years, you will receive an email invitation that will include your own unique voucher number. This number will be needed when you access the link within the email invitation to complete your conference registration. Upon completion of your conference registration you will be provided with a link to secure your room at the conference hotel. This year room reservations will not be secured unless conference registration has been completed. PLEASE NOTE: You will be able to register for the conference and select the Pay by Check option to complete payment at a later date (Payment must be received by February 1, 2018.) and access hotel registration. The new system will also assist in monitoring the number of attendees per non-shipper and receiver companies. If you have never attended our conference or have not attended in the last three years, please contact media@foodshippersofamerica.org with your contact information and we will make sure you receive your own conference email invitation necessary for conference registration. Please note in subject line "2018 Voucher request" to assist this process. Please contact Executive Director Royce Fisk, rfisk@foodshippersofamerica.org, with any conference related questions. Learn More... 63rd Annual Conference Sponsorship Opportunities Now Available Sponsorship opportunities are now available for the 63rd Annual Conference March 11-13, 2018, at the JW Marriott Desert Ridge in Phoenix, AZ. COME JOIN OUR 2018 SPONSORS If you are interested in sponsorship availability, please contact Treasurer Nancy Newbourne, treasurer@foodshippersofamerica.org.
Visit to view the full article online.
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The stock declined 0.62% or $0.18 reaching $28.88 per share. About 2.38 million shares traded. It has underperformed by 17.54% the S&P500. Four analysts have rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock has "Hold" rating by Jefferies on Friday, June 10. Credit Suisse downgraded the stock to "Neutral" rating in Tuesday, September 27 report. The firm has "Equal-Weight" rating given on Friday, March 11 by Barclays Capital. The stock has "Hold" rating by Jefferies on Wednesday, October 12. The consensus recommendation by Thomson Reuters analysts is Buy and their mean rating for the stock is 1.20 on scale of 1-5. The rating was maintained by Citigroup on Saturday, August 29 with "Buy". The firm has "Sector Outperform" rating by Scotia Capital given on Friday, August 7. As per Friday, August 7, the company rating was upgraded by Raymond James. Fort Lp acquired 31,237 shares as Anthem Inc (ANTM)’s stock rose 10.08%.
Visit http://pppfocus.com/2017/06/10/j-m-smucker-acquires-the-wesson-oil-brand/ to view the full article online.
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Whatever you buy from large food and beverage brands, a majority of them are controlled by 10 companies. According to the report, these 10 companies are Nestle, PepsiCo, Coca-Cola, Unilever, Danone, General Mills, Kellogg's, Mars, Associated British Foods and Mondelez. Each employ thousands and make billions of dollars in revenue every year, the report said.
Visit http://www.zeebiz.com/companies/news-nestle-pepsico-other-8-companies-control-everything-you-buy-17415 to view the full article online.
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Idex Corporation (NYSE:IEX) had an increase of 23.11% in short interest. IEX’s SI was 1.97 million shares in June as released by FINRA. It's up 23.11% from 1.60M shares previously. With 294,500 average volume, seven days are for Idex Corporation (NYSE:IEX)’s short sellers to cover IEX’s short positions. The SI to Idex Corporation’s float is 2.59%. About 124,940 shares traded. IDEX Corporation (NYSE:IEX) has risen 30.97% since June 15, 2016 and is uptrending. It has outperformed by 14.27% the S&P500.
Visit https://wolcottdaily.com/shikiar-asset-management-has-cut-whitewave-foods-company-wwav-position-idex-iex-si-increased-by-23-11/ to view the full article online.
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Preston, Maryland –Choptank Transport, a nationwide third-party logistics provider headquartered in Preston, Maryland, announced today the promotion of Marcia Wood to chief financial officer. "Marcia has provided strong leadership within Choptank, directing our growing accounting team and guiding the development of our IT department and its functions," says Geoff Turner, president and CEO of Choptank. "She has spearheaded many functional changes to our processes that have yielded efficiency across all segments of the business – just an outstanding job."
Visit https://www.ajot.com/news/choptank-transport-promotes-wood-to-chief-financial-officer to view the full article online.
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American food producer Cargill Inc. is confident that the recent acquisition of Columbian chicken specialists Pollos El Bucanero will ensure continued growth in the Latin American Market. The company is expected to invest up to $500 million over the next five years, after announcing the takeover for an undisclosed sum this month. Before the deal was completed, Bucanero reportedly invested around $100 million to refurbish its production facilities and, according to the poultry producer's website, up to 9 million birds can be processed every 70 days.
Visit http://www.fdfworld.com/food/cargills-purchase-columbian-chicken-producer-should-ensure-latin-american-growth to view the full article online.
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Do you have a
story to tell, a case study or a problem/solution story to share?
The editors (Naylor) of Food Shippers
of America are seeking articles for the upcoming fall/winter issue.
Articles may be co-authored and should be between 650 and 1,500 words, accompanied by at least one high resolution photo. Articles should not be press releases or advertisements for the author's company or services. Editors retain the right to edit for space and content. .
The following
are some suggested article ideas:
•A collaboration that has resulted in a success for your company.
•Use of a product or service that has benefitted your operation.
Please send completed manuscripts to media@foodshippersofamerica.org by August 2.
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