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Study unveils equipment lease vs. buy for private fleets, for-hire carriers

The analysis illustrates a missed opportunity for cost savings when comparing a 7-year ownership of one truck to a 4-year ownership and a 4-year lease of two consecutive trucks.
October 18, 2017
New analysis from Fleet Advantage, Fort Lauderdale, Fla., shows the operating and financial benefits of a lease vs. ownership structure for private truck fleet operators and for-hire carriers.
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Sysco to acquire HFM FoodService

HFM FoodService is a foodservice distributor with operations on all four major Hawaiian Islands and Guam.
October 18, 2017
Sysco Corp., Houston, Texas, signed a definitive agreement to acquire HFM FoodService, a Honolulu, Hawaii-based broadline distributor.
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SUPERVALU to acquire Associated Grocers of Florida

This transaction provides SUPERVALU with the ability to expand its operations into a new part of Florida.
October 18, 2017
SUPERVALU INC., Minneapolis, entered into a definitive merger agreement to acquire Associated Grocers of Florida, Pompano Beach, Fla., for approximately $180 million.
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Cargill Protein to build state-of-the-art HQs

The new headquarters will feature four stories of office space with an immersive technology center, presentation kitchen, sensory center kitchen and testing booths.
October 18, 2017
Cargill’s North America protein business tapped The Opus Group, Minnetonka, Minn., to build a new headquarters.
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KCS announces new health, safety, environmental group

This group will consolidate occupational health, workplace and public safety and environmental functions under a single management.
October 17, 2017
Kansas City Southern (KCS), Kansas City, Mo., formed a new health, safety and environmental group within the operations department to consolidate occupational health, workplace and public safety and environmental functions under a single management.
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Challenge Dairy Products Refrigeration Truck

Challenge Dairy delivers products in solar-powered transport refrigeration unit

This new technology utilizes the power of the sun to cool moderate refrigerated items such as dairy and produce during transport.
October 17, 2017
Challenge Dairy Products Inc., a Dublin, Calif.-based dairy foodservice producer, is said to be the first to deliver products via a solar-powered, zero-emissions, commercial-use transport refrigeration unit (TRU), powered by Rayfrigeration, Dublin, Calif.
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Genstar Capital acquires Tekni-Plex

Tekni-Plex is a global company focused on developing technologically advanced products, components and materials for specialty packaging and food packaging applications.
October 17, 2017
Genstar Capital, a San Francisco-based private equity firm, acquired Tekni-Plex, Inc., Wayne, Pa.
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A M King expands ALDI’s South Windsor warehouse

In addition, A M King will coordinate truck apron expansion for trailer parking, install a Quell fire suppression system for the new perishable space and expand the warehouse employee break room and locker room areas.
October 17, 2017
A M King, Charlotte, N.C., is expanding ALDI’s 500,000-square-foot food distribution facility in South Windsor, Conn.
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