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Regulation & Compliance: Page 448

Dear Mr. President: The Nation's Transportation Infrastructure Needs Serious Attention

When Tony Earley was asked recently to identify the most serious issue facing the nation's giant utilities in the next 20 years, the answer was easy. It is, Pacific Gas and Electric Co.'s CEO wrote, "the huge need for investment in basic infrastructure, from pipes and power lines to poles, transformers and more."

DeltaTRAK Unveils Time-Temp Label; Cold-Chain RFID Traceability

DeltaTRAK has introduced a line of time- and temperature-indicator labels for cold-chain, environmental monitoring and food safety management.

Forging Responsible Supply Chains: Are Companies Growing Up?

Now that corporations are "persons," I suppose it's no stretch to describe supply chains as "mature" or "immature." In fact, the words are especially useful when it comes to determining a company's level of supply-chain responsibility.

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PlayStation Factory Had Underage Interns on Assembly Line

A Chinese vocational school sent five 15-year-old boys to assemble Sony PlayStations at a Foxconn manufacturing plant in China, where the legal age to do such work is 16.

Forging Responsible Supply Chains: Are Companies Growing Up?

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U.S. Government Expands Air Cargo Security Screening Program

The U.S. Customs and Border Protection agency announced that it has "formalized and expanded" its Air Cargo Advance Screening pilot program, which enables cargo executives to send and receive advance security filing data for their consignments.

Lending to Finance New Company Equipment Robust in September

U.S. companies borrowed more in September than a year ago to finance new equipment, the most in any month since December, but global economic and policy uncertainties curbed spending, the Equipment Leasing and Finance Association said.

Tesla Drives Into Litigation When It Opens Own Stores Rather Than Sell Through Independent Dealers

When electric-car company Tesla Motors Inc. started selling its flagship Model S luxury hatchback earlier this year, it eschewed the traditional dealership network to open its own stores. That's not sitting well with U.S. auto dealers, who have controlled new-vehicle sales for nearly a century. Some are suing the new entrant.

Law Amended to Provide Adequate Rest for Crew Members of Commercial Ocean Vessels

Commercial vessels that operate beyond the internal waters of the United States, otherwise known as "beyond the boundary line," are subject to the provisions of the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers, which requires that they be allowed to rest.

Risk Management: Making the Right Choices

The topic of supply-chain risk management is fraught with agonizing questions. Should global businesses emphasize risk prevention, or steel themselves to respond to whatever disaster might occur? Should they seek to transfer risk, or concentrate on achieving better risk-management up front? Should they attempt to do all of the above? The wrong answer can mean the death of an organization.

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Risk Management: Making the Right Choices

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U.S. Companies Continue to 'Play Year-End Games' With Receivables, Payables and Inventory

Many large U.S. companies continue to try and "game the system" at year's end, artificially improving their balance sheets by manipulating receivables, payables and inventory, according to a study from REL, a division of The Hackett Group. Their efforts, which can range from deep discounting and extended payment terms on sales to simply "losing" supplier bills, do have a positive impact in Q4, the study found. But these companies pay a harsh price in Q1, when working capital performance bounces back to even worse levels than before.

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