The nation's major freight railroads plan to invest an estimated $24.5bn in 2013 to build, maintain and upgrade America's rail network to ensure freight railroads can continue to deliver for the nation's economy, according to the Association of American Rialroads. This investment includes $13bn in projected capital expenditures, which go toward upgrading or enhancing rail network capacity in the year ahead.
Middle-market and corporate CFOs are optimistic for macroeconomic and business growth at a level unseen since the height of the Great Recession, according to a survey by TD Bank. Forty-six percent of finance managers polled said they are more optimistic about U.S. economic growth over the next year compared to 2012. Further, 57 percent of respondents are more optimistic for their own companies' performance over the next year.
An uproar in China over the safety of chicken sold at KFC "has been longer lasting and more impactful than we ever imagined," according to the chief executive of parent company Yum Brands.
On February 1, 2013, the United States Department of Agriculture, Food Safety Inspection Service (FSIS), announced new guidelines governing the importation of meat and meat products. According to the bulletin, "the guide articulates which products and FSIS sampling and testing programs are subject to this policy." The program known as "test and hold" has a major impact upon product being exported to the United States and upon the importers of record for these transactions.
Not too long ago, the mere mention of the "China price" could send shivers down the spines of executives in developing countries trying to compete for outsourcing contracts. A pending labor shortage could make such pricing an historical relic.
The Association for Advancing Automation, the umbrella trade group for the Robotic Industries Association, AIA - Advancing Vision + Imaging, and the Motion Control Association, has launched a new web site, www.A3automate.org.
In marketing, emphasis is often placed on the initial efforts to get a customer interested in a product or service. This is a natural part of the sales cycle, of course, but it tends to overshadow the very important aspect of repeat business and the contribution it makes to overall success.
International Civil Aviation Organization should serve as the focal point for implementing global air cargo supply chain security standards, the Global Air Cargo Advisory Group (GACAG) says.