to self-distribution of groceries and the divestiture of Total Logistic Control
in the independent business, formerly known as supply chain services.
Those charges were partially countered by the aforementioned $65 million after-tax (31 cents per share) gain on the sale of Total Logistic Control
It also does not include administrative or logistic control
Country: , USASector: Road Transport/Freight TransportTarget: Total Logistic Control
LLCBuyer: Ryder System IncDeal size in USD: 200mType: Corporate acquisitionStatus: Closed
5% decline in revenues at the independent business (wholesale) segment with the divestiture of the Total Logistic Control
unit and the transition of onetime customer Target Corp.
US grocery retailer Supervalu (NYSE:SVU) said it has agreed to sell its wholly-owned supply chain unit Total Logistic Control
, or TLC, to Ryder Integrated Logistics, part of logistics group Ryder System (NYSE:R), for an undisclosed sum.
supply chain services, who previously reported to Jackson, will now report directly to Jeff Noddle, and will be responsible for all supply chain activities, including Total Logistic Control
(TLC), the company's third-party logistics offering.
It was initially designed for the production of smart labels for automatic product recognition, inventory management of palletized and bundled products, shipping documents, logistic control
, and optimization.
to adopt grocery self-distribution and the sale of Supervalu's Total Logistic Control
6% jump in the LIFO charge to $17 million, the impact of higher fuel sales and the divestiture of the Total Logistic Control
unit in the fourth quarter of fiscal 2011.