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Global Supply Chain Management: Page 451

Pollution Accord Is Set for Global Flights, But Tasks Remain

The great and the good of world aviation gathered in Montreal last month to do something that seemed impossible even a couple of years ago. They agreed to cap greenhouse gas emissions from international flights. The pact - the first climate change agreement to apply worldwide to a specific sector, one that produces the equivalent annual carbon dioxide output as that of Germany - was greeted with almost universal support.

Americans Prefer Ethical Brands, Dominate Online Shopping, Report Says

American consumers prioritize risk-taking, adventure and living an exciting life when it comes to making purchases, according to global research by HSBC. This structural shift among U.S. consumers' purchasing habits is prompting companies to rethink existing marketing and business strategies.

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To Solve IoT Security, Look to Cloud Software, ARM Says

The recent DDoS attacks launched from IoT devices demonstrate that the internet of things spans all parts of IT and that most companies deploying it still need a lot of help. That's the message from ARM, the chip design company behind nearly every smartphone and a big chunk of IoT, at its annual TechCon event last week in Silicon Valley.

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Government Official Aims for Tariff-Free Automotive Supply Chains in UK

Business secretary Greg Clark has said the UK government will approach Brexit negotiations with the aim of achieving tariff-free access to EU markets for the automotive industry. This was among the assurances he gave to Nissan before the automaker announced the next Qashqai and X-Trail models would be built in Sunderland, the UK's biggest car plant, Clark said.

Clean Ships to Jump the Queue at Panama Canal, Officials Say

The Panama Canal Authority (ACP) has unveiled a new recognition program for clean operators that will help them to get ahead of the pack for transit bookings. The ACP calls the new system "environmental premium ranking."

Consumer Spending Rebounds With Biggest Jump Since June

Consumer spending rebounded strongly in September, rising the most in three months as incomes also improved, the Commerce Department said this week. The 0.5 percent jump in personal consumption expenditures provided momentum for a key driver of the U.S. economy heading into the year's final quarter and could push the Federal Reserve closer to another small interest rate hike.

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Container Shipping Market Is Unpredictable, But Prices Are Climbing, Xeneta Reports

An in-depth analysis of Q3 container shipping costs revealed positive trends for the container carrier segment, according to Xeneta, a market intelligence company for containerized ocean freight. However, the market remains unpredictable, with the 'Hanjin Effect' ebbing away, Xeneta says.

Top Table Support Is Key to Tackling Supply-Chain Slavery, Survey Finds

The number of senior executives actively engaging in modern slavery issues has doubled among companies leading on the issue, according to a survey of businesses by the Ethical Trading Initiative and Hult International Business School. There were twice as many CEOs and other senior executives in their sample engaging in the issue since the Modern Slavery Act came into force last October.

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U.S. Commerce Department Reports Fall in Durable Goods Orders

U.S. durable goods orders fell in September, confirming another weak quarter for business spending, but core capital goods showed some signs of a recovery. The Commerce Department said orders for items meant to last three years decreased $0.3bn, or 0.1 percent, to $227.3bn in September, following a 0.3 percent increase in August.

U.S. Trade Continues Decline Despite Economic Growth

The constant flow of goods from Asia to the United States was briefly interrupted last month after Hanjin, the South Korean shipping line, filed for bankruptcy, stranding several dozen of its cargo ships on the high seas. It was a moment that made literal the stagnation of globalization.

Millennials Want Companies to Adopt New Identity Verification Approaches

When it comes to sharing personal information, millennials are reluctant. There is a gap between millennials wanting to secure access on all connected devices and their willingness to sharing data, according to a study by Lexis Nexis Risk Solutions. This could be a wake-up call for businesses to find solutions that minimize the amount of data they have to collect.

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Scotland Councils Club Together to Grow Local Supply Chains

Three councils in the North of Scotland say they hope by combining their procurement operations, they can incentivise key suppliers to invest in local supply chains. Aberdeen City Council, Aberdeenshire Council and Highland Council will be encouraging primary suppliers to increase their local footprint and help deliver social value.

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