Last week's elections in France and Greece have caused so much economic and political turmoil throughout Europe that the grand eurozone experiment might be on the verge of collapse.
Wal-Mart's annual meeting next month promises to be a contentious one because of questions over how the retail giant handled bribery allegations at a Mexico subsidiary. Shareholders are concerned about the board members' independence in light of the alleged cover-up of bribery that occurred in 2005 and 2006.
The decision by the U.S. and the European Union to recognize each other's trusted shippers is expected to save those companies money through speedier customs authorization.
The number of "active, for-hire carriers" registered with the U.S. Department of Transportation (DOT) is 166,810, an increase of 8 percent, or 11,570 since February 2011, according to the State of the DOT report released by QualifiedCarriers.
In the last year the headlines have been full of news about global supply chains and the disasters affecting them. From the Thai floods to the Japanese tsunami, to the tornadoes in Wichita and the Nylon-12 plant explosion in Germany, several fundamental truths about global supply chains have been made more apparent.
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.