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Regulation & Compliance: Page 419

'Relaxation' in Shanghai's New Cabotage Laws Are Disappointment to Some

Cabotage regulations for cargo moving to and from Shanghai have been formally liberalised. Whilst this should be positive for the port's transhipment activity, the effect is likely to be limited.

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Just in Time for the Holidays - Toxic Toys Seized at Numerous U.S. Ports of Entry

U.S. Customs and Border Protection officers and Consumer Product Safety Commission investigators have seized more than 200,000 toy dolls arriving from China due to high levels of phthalates, a group of banned chemical compounds.

U.N. Urges Continued Battle Against Piracy, Hostage-taking at Sea

The United Nations Security Council reiterated its calls on the international community to fight piracy and armed robbery at sea, which continue to pose a threat to the delivery of humanitarian aid to Somalia.

E-Commerce Sites Targeted by Logistics REIT

The first real estate investment trust to focus on logistics is set to float on the London market and raise Â£200m to invest in a new breed of e-commerce warehouses.

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Audits Show Progress Made on Increasing Worker Safety in Bangladesh Apparel Factories, Retail Group Says

The National Retail Federation issued says worker safety has been boosted in garment factories in Bangladesh, yet notes that greater effort is needed.

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Learning to Integrate Supplier Diversity into the Strategic Sourcing Process

Consider supply chain management a large puzzle comprised of many pieces. One major piece that many organizations find essential to form a complete picture is strategic sourcing, which involves the ongoing evaluation of purchasing activities and a commitment to look at all qualified solutions for both direct spend (costs associated with raw materials and parts for goods) and indirect spend (costs necessary for supporting production).

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Chain Restaurants Association Urges End to Ethanol Mandate

The National Council of Chain Restaurants issued the following statement from NCCR Executive Director Rob Green on the Environmental Protection Agency's proposed Renewable Fuel Standard (RFS) volume mandate for 2014: The Environmental Protection Agency's proposed adjustment to the Renewable Fuel Standard volume mandate is an implicit recognition that the ethanol mandate is out of sync and out of touch with current market realities. With this proposal, the EPA is essentially saying, 'if you like your 15-billion-gallon corn ethanol mandate, you can keep it.'

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Financing Small, Medium-sized Supply Chain Players in Asia

Small and medium-sized enterprises are key drivers of growth in Asia, but they are hindered by inadequate access to finance, particularly from large banks. However, the Malaysia Institute for Supply Chain Innovation (MISI) has developed a framework for helping banks to tap into this vast market.

Furniture Supply Chain Begins to Think Green

Suppliers to the office furniture industry better start paying close attention to the materials going into the pieces they're making. That's because the sustainability programs being implemented by the office furniture OEMs in West Michigan and beyond are increasingly demanding the suppliers provide more detailed information about the chemicals that go into their products.

Retail 'Shrink' Cost the Industry 1.4 Percent of Sales Worldwide Last Year And Is on Rise

Shrink, consisting of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112bn globally last year, according to the 2012-2013 Global Retail Theft Barometer, and represented 1.4 percent of retail sales, on average.

Cosco Holdings Exec Resigns as China's Anti-Corruption Probe Reaches Into Shipping Industry

Even as Cosco becomes confident it will achieve a full-year profit and avoid delisting, it was denying reports that former chairman Wei Jiafu was placed under travel restrictions, after one of its top executives resigned under a cloud of investigation.

Tax-Break Extension Voted to Keep Boeing Project Near Seattle, But Union Could Scuttle Deal Over Contract

The Washington State Legislature passed a measure on Saturday to extend nearly $9bn in tax breaks for Boeing through 2040 in an embattled effort to entice the company to locate production of its newest jet, the 777X, in the Seattle area.

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