EU regulators will investigate whether 14 of the world's major container shipping companies, including A.P. Moller-Maersk and MSC, have been illegally orchestrating price rises for European routes since 2009.
The International Warehouse Logistics Association (IWLA) filed comments with the U.S. Food and Drug Administration, suggesting that its proposed rule on dog-food safety is misleading on the role of the warehousing industry.
Cabotage regulations for cargo moving to and from Shanghai have been formally liberalised. Whilst this should be positive for the port's transhipment activity, the effect is likely to be limited.
U.S. Customs and Border Protection officers and Consumer Product Safety Commission investigators have seized more than 200,000 toy dolls arriving from China due to high levels of phthalates, a group of banned chemical compounds.
The United Nations Security Council reiterated its calls on the international community to fight piracy and armed robbery at sea, which continue to pose a threat to the delivery of humanitarian aid to Somalia.
The first real estate investment trust to focus on logistics is set to float on the London market and raise £200m to invest in a new breed of e-commerce warehouses.
Consider supply chain management a large puzzle comprised of many pieces. One major piece that many organizations find essential to form a complete picture is strategic sourcing, which involves the ongoing evaluation of purchasing activities and a commitment to look at all qualified solutions for both direct spend (costs associated with raw materials and parts for goods) and indirect spend (costs necessary for supporting production).
The National Council of Chain Restaurants issued the following statement from NCCR Executive Director Rob Green on the Environmental Protection Agency's proposed Renewable Fuel Standard (RFS) volume mandate for 2014:
The Environmental Protection Agency's proposed adjustment to the Renewable Fuel Standard volume mandate is an implicit recognition that the ethanol mandate is out of sync and out of touch with current market realities. With this proposal, the EPA is essentially saying, 'if you like your 15-billion-gallon corn ethanol mandate, you can keep it.'