James Welch, CEO of YRC Worldwide, one of the largest LTL carriers, discusses his views on technology, pricing and other issues and challenges facing the industry.
Did you spend too much on software? Did you buy something that you didn't need? Are you failing fully to utilize the systems that you did purchase? You're mired in the "software money pit," says Matt Cook, director of business solutions with Danone North America.
Although U.S. companies still trail their European counterparts in using the Chinese currency renminbi for cross-border deals, the frequency has nearly doubled in the past year, according to a recent HSBC study, as reported by the publication Treasury & Risk.
By many accounts, as the economy adds jobs, more small businesses are looking to borrow money, and more banks are eager to lend it - at least to the right borrowers.
Opus Global has acquired Hiperos LLC, a global software vendor connecting more than 300,000 entities on behalf of third parties serving the energy, financial services, food, real estate, pharmaceuticals and technology sectors.
Small business vendors that frequently have to chase down larger clients to get paid might have reason to rejoice. According to a story in The Wall Street Journal, the White House has launched an initiative that will either speed payments to small suppliers or help them access "lower-cost capital."