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Think Tank
Regulation & Compliance: Page 424
GAO to Probe How Administration Calculates Damage from Carbon Pollution
The investigative arm of Congress is going to look into how the Obama administration developed its increased monetary estimate for the amount of damage caused by carbon pollution.
Lowe's Acquires Bankrupt Hardware Chain, to Pay Suppliers
Lowe's Companies announced its acquisition of the majority of assets of Orchard Supply Hardware has been approved by the U.S. Bankruptcy Court for the District of Delaware. Lowe's will acquire 72 Orchard stores for approximately $205m in cash, plus the assumption of payables owed to nearly all of Orchard's supplier partners. Lowe's expects to close the transaction by the end of August.
Project Designed to 'Green' Europe's Freight Terminals and Ports
Sea and inland navigation ports and freight terminals in Europe are faced with growing energy costs and major political and societal pressure in terms of their environmental performance.
New Software Tool Designed to Help Companies Automate Trade Compliance, Control Costs
Livingston International has released TradeSphere, software designed to automate trade compliance and reduce human error in the highly regulated and complex world of international trade.
A 3PL Copes With Complexity as Wine Retailer Goes Online
When a key customer opted to embrace the internet, the U.K.'s Europa Worldwide Logistics had to step up with new software to manage the intensified demands for order management and customer service.
U.S. Could Capture $115Bn in Annual Exports from Other Nations by 2020, Study Finds
Some of the biggest gains in U.S. exports due to a widening U.S. production-cost advantage over leading Western European nations and Japan are likely to be seen in chemicals, machinery, and transportation equipment, according to a report by The Boston Consulting Group.
Change Broker Confidentiality Rules or Boot Them, Says Forwarders Group
The National Customs Brokers & Forwarders Association of America Inc. has asked Customs and Border Protection to revoke or modify a number of long-standing interpretative rulings that it believes have created an overly strict confidentiality standard. The NCBFAA has requested that CBP adopt a standard that requires brokers to maintain the confidentiality of an importer's "proprietary business information" which is generally defined as information which could harm the importer's competitive position if disclosed.
Most Organizations Lack 'Mature' Supply Chain Risk Management Practices, Study Finds
Only 41 percent of companies surveyed are considered to have "mature" supply chain risk management processes, but nearly four in five mitigate against disruptions by implementing a dual sourcing strategy, according to a recent report.
The U.S. Merchant Marine Is Foundering. Should We Care?
More than 30 years ago, when I began writing about transportation and logistics, one of the first pieces that I did was about the imminent demise of the U.S. merchant marine. Today, I find myself addressing the same issue. As industries go, this has got to be one of the slowest deaths on record.
The New World of Global Trade Management
The term "global trade management" used to mean one thing: compliance. Not anymore. Today, GTM embraces the whole experience of moving goods across borders: regulation, duty management, logistics and, most of all, global supply-chain visibility.
Terrorist Threat to Ocean Cargo Industry Said to Be Growing More Likely
A maritime attack from Al-Qaeda or other affiliate terrorist groups is now increasingly likely, maritime security firm Gulf of Aden Group Transits (GoAGT) has warned.
Using a 3PL to Simplify Shipments to and From Mexico
Third-party logistics companies with experience in Mexico and strong partnerships with leading Mexican carriers and customs brokers can make cross-border shipping a truly seamless activity, says Dennis McCaffrey of XPO Logistics.
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