The Swedish government has proposed a tonnage tax system that means Swedish shipping companies will operate under competitive conditions similar to companies in other countries in Europe. The tonnage tax would be introduced in summer 2016.
The value of exports from America's foreign-trade zones (FTZs) increased by 24.8 percent in 2014, to a record $99.2bn in merchandise exported, according to figures released by the U.S. Foreign-Trade Zones Board in its recent Annual Report to Congress. The 2014 export figure also represents a threefold growth of FTZ exports in the five years since 2009.
National Retail Federation executives returning from a visit to Bangladesh said a report issued by the Alliance for Bangladesh Worker Safety reflects improvements in garment worker safety they saw during tours of factories and other facilities.
Jacobs Douwe Egberts, in the process of developing a global corporate compliance strategy, has adopted the Amber Road trade management solution to enable restricted-party screening.
The United States Maritime Administration has issued Advisory 2015-02 concerning possible contamination by hazardous materials caused by the explosions that occurred last month at the Port of Tianjin, in China.
Are companies really shifting their manufacturing operations out of China and back to the West? The answer isn't a simple one, says Akhil Oltikar, vice president of supply chain solutions at Riverwood Solutions. He looks at the many issues that global manufacturers take into account when deciding where to site their operations.
As the push for higher minimum pay builds momentum on both sides of the Atlantic, Prime Minister David Cameron of Britain this week threatened companies with tough fines if they fail to pay what he called a "national living wage."