Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.
Oil Up 2% Ahead of Fed Meet as Middle East Conflict Rages
Oil prices rose more than 2% on Wednesday ahead of the keenly watched meeting of the U.S. central bank for clues on interest rate policy, while the conflict in the Middle East remains in focus.
Brent January crude futures were up about 2.5%, or $2.08, to $87.10 a barrel by 1316 GMT. U.S. West Texas Intermediate crude futures gained roughly 2.8%, or $2.24, to $83.26 a barrel.
The Fed, which will end its meeting on Wednesday, is widely expected to hold rates steady...
RLS Logistics New Jersey Cold Storage Warehouse Expansion Opens
RLS Logistics, a leading cold chain solutions provider, announces the opening of its expansion at its Newfield, NJ cold storage warehouse. The expansion has brought capacity for all teams at this campus.
"We are excited to bring cold storage capacity to our Newfield cold storage warehouse. This development provides growth opportunities not only in our cold storage business but also in our direct to consumer fulfillment and cross docking warehouse business units," said Russell Leo, CEO of RLS Logistics.
Their New Jersey 3PL warehouses offer frozen and refrigerated shippers looking for...
United Natural Foods Deploys New Zero-Emission Refrigerated Delivery System
United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today announces that it is taking its next steps toward a zero-emissions future by deploying two battery-electric semi-trucks and five regenerative electric refrigerated trailer systems. UNFI is deploying the trucks and trailers in the Sacramento and Gilroy, California markets, just in time for the peak holiday selling season.
UNFI worked with Penske Truck Leasing to secure two, class-8 electric trucks, which include the Freightliner eCascadia, and the Volvo VNR Electric models. Both vehicles are well equipped...
Sysco Breaks Ground on New Facility in Mesa, Arizona
$102 Million Investment Will Bring 257 New Jobs and a 353,600 Square Foot Facility to the CommunityMESA, Ariz., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation, the leading global foodservice distribution company, held an event today to celebrate the groundbreaking of its new 353,600-square-foot facility, Sysco Arizona East.
Attendees at the event included Sysco executives as well as:
Lineage Celebrates Opening of Next-Gen Automated Cold Storage Facility in Collaboration with JBS
Lineage, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, today celebrated the grand opening of its newest facility in Windsor, Colorado. Built for long-time customer JBS USA, a leading global food company, Lineage developed the facility to support the distribution of products to JBS customers.
The next-generation, fully automated facility in Windsor expands Lineage’s network of strategically located automated facilities worldwide. Lineage’s automated warehousing solutions combine cutting-edge technology, applied sciences and innovative thinking to create greater efficiency, improve...
Lineage Acquires Eight Warehouses and Other Assets from Burris Logistics
Lineage Logistics announced that it has acquired eight facilities from Burris Logistics, a temperature-controlled food distribution firm.
Lineage said the addition of the new eight new cold storage warehouses will add just shy of 1.3 million square feet of capacity and about 115,000 pallet positions across facilities in Lakeland, Florida; Jacksonville, Florida; McDonough, Georgia; Edmond, Oklahoma; New Castle, Delaware; Waukesha, Wisconsin; and Federalsburg, Maryland.
The transaction represents Lineage’s third proprietary deal with Burris. Lineage acquired both its Lyndhurst, Virginia and Haines City...
Tyson Foods and Gatik to Deploy Autonomous Trucks in Northwest Arkansas to Optimize Efficiency
Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies, and Gatik AI, Inc. (Gatik), the leader in autonomous middle mile logistics, announced a multi-year collaboration to deploy autonomous refrigerated box trucks to bolster Tyson routes in Northwest Arkansas. Operating 18 hours a day, trucks will deliver Tyson®, Jimmy Dean® and BallPark® products, among others, to the company’s distribution and storage facilities in the Rogers and Springdale, Arkansas areas.
The deployment will introduce Gatik trucks equipped with commercial...
National Retail Federation: August Import Volumes Expected to Jump as Retailers Prep for Holidays
Peak import season is coming, and according to the National Retail Federation (NRF), import cargo volumes at the top container ports in the country are expected to hit their highest levels in almost a year.
Imports will jump as retailers prep for the holiday season, per the Global Port Tracker report released today by the NRF and Hackett Associates.
Hackett Associates Founder Ben Hackett noted double-digit year-over-year cargo volume decreases, despite increasing consumer spending and employment...
Central Storage & Warehouse Announces Cold Storage Expansion
Central Storage & Warehouse, a top Midwest cold storage and customized warehouse services provider, is pleased to announce the recent expansion of its Caledonia, Wisconsin facility.
The expansion was completed July 1, 2023, and added approximately 5,500 pallet positions to their existing Caledonia facility. Located roughly 20 miles south of Milwaukee and less than one mile from Interstate 94, this 40% increase in overall pallet capacity is positioned well given the high concentration of frozen food producers in southeastern Wisconsin and northern Illinois.
This enhancement will allow CSW to accommodate a greater volume of...
West Coast Port Workers in Canada to Strike Starting July 1 in Blow to Recovering Supply Chain
After a recent landslide vote of union members, the ILWU Canada has served notice it plans to strike at the country’s West Coast ports starting on July 1. The Canadian Labor Code requires three days’ notice to announce a strike. The notice came on Wednesday.
Over 99% of ILWU Canada union workers critical for West Coast port operations, including in Vancouver and Prince Rupert, voted earlier this month in favor of supporting a strike if a labor deal was not reached. The vote...
ANALYSIS: Turkey Cold Storage: Less Than What Meets the Eye
PODCAST: Episode 2 of Agri-Food for Thought Now Available!
Urner Barry’s Market Briefing Provides Insights on Commodity Protein Markets
ANALYSIS: A Turkey Production Puzzle
ANALYSIS: Strong Retail Demand, Bird Flu Outbreak Send Egg Prices Soaring to Seven-Month Highs