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Regulation & Compliance: Page 463

President Seeks to Boost Trade Through International Regulatory Cooperation

President Obama issued May 1 an executive order that aims to foster international trade by promoting greater cooperation with other countries on the development and implementation of regulations that affect global commerce. The order notes that foreign regulatory approaches may differ from those taken by U.S. agencies and that in some cases the differences might be unnecessary and impair the ability of U.S. businesses to export and compete internationally.

Food Shippers of America Partners With ALAN for Disaster Relief

The Food Shippers of America Association (FSA) has become an association partner and gold-level sponsor of the American Logistics Aid Network (ALAN).

Digging for Rare Earth: Another Challenge to China's Dominance

What began as a trickle of stories about challenges to China's supposed economic dominance has become a steady flow. It began with revelations of working conditions at Chinese factories. Soon we were reading about rising wages in the industrial sector - great for Chinese workers, but sure to make the country a less attractive source of cheap manufacturing for the West. Then there was the recent slowdown in China's foreign direct investment, along with the nation's struggle to create an economy that's geared more toward domestic consumption in the service of a growing middle class. Meanwhile, serious questions persist about the stability of China's banking system. And just last week, we learned that China's trade surplus with the U.S. is rapidly shrinking, as the country wrestles with the consequences of a stronger yuan.

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Intelleflex Forges Partnership With DeltaTRAK for Cold-Chain Management

Intelleflex Inc. has entered into a partnership with DeltaTRAK Inc. to enhance cold-chain technology for the food, pharmaceutical and processing industries.

Association of European Airlines Wants Parity in EU, U.S. Air Cargo Security Rules

Europe's leading network carriers, represented by the Association of European Airlines (AEA), are urging U.S. regulators to fully recognise European air cargo security standards and accelerate progress towards a mutual recognition agreement.

Theft of Trade Secrets, Intellectual Property Costs Global Economy Billions, Report Finds

Theft of trade secrets costs jobs and the global economy billions of dollars a year, according to a report released by the Center for Responsible Enterprise and Trade (CREATe.org) - a Washington-based non-profit industry group focused on responsible business practices.

Substantial Number of Small, Mid-Sized Exporters Not Screening for Restricted Parties

Mid-market companies are increasingly at risk for violating U.S. export regulations, even as U.S. export volumes continue to grow, according to a report released by Amber Road, a provider of global trade management solutions.

Use Caution in Regulating Mobile Payment, Retail Group Urges

The National Retail Federation has urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments, and said any rules that are adopted should parallel those for the underlying form of payment and not be specific to the technology.

Going Green With Sales Carbon Operations Planning

"Sales Carbon Operations Planning" (SCOP) offers a new take on supply-chain management, bringing together traditional sales and operations planning (S&OP) techniques and the need for companies to track and reduce their carbon emissions. "It's my way of making it easy to transfer into sustainability with your existing processes," says Silvia Leahu-Aluas, owner of Sustainable Manufacturing Consulting. The new term covers everything from basic carbon dioxide management to a full understanding of the economic and environmental impact of greenhouse gas emissions.

Why No Interest in Low-Interest Loans for the Merchant Marine Fleet?

A recent S&P credit-rating report on the end-of-life of the U.S. merchant marine fleet over the next few years read more like an obituary than a financial analysis: "Weak credit quality, challenging capital market conditions and reduced access to government-guaranteed loans could spell doom for many U.S. shipowners," said S&P analyst Funmi Afonja.

Drug Counterfeiting Is Not Just a Third-World Problem

According to Interpol, the return on investment for counterfeiting pharmaceuticals can be over 20 times more than the return on dealing illegal drugs. In addition to making more money, counterfeiters usually face relatively lower penalties if caught.

Times Article Spurs Wal-Mart to Look Into Allegations of Bribery by Its Executives in Mexico

Wal-Mart Stores Inc.'s probe of possible bribery in Mexico may prompt executive departures and steep U.S. government fines if it reveals senior managers knew about the payments and didn't take strong enough action, corporate governance experts said.

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