IFS, the global enterprise applications company, has released a module to help companies in the aerospace and defense market manage the complex timing and legal needs associated with product export compliance. The extension manages compliance with ITAR, EAR and UK Export Controls.
October saw an increase in container carriers' global on-time performance to 84 percent, which is a record high, according to the monthly Global Liner Report from SeaIntel Maritime Analysis. This was driven by improvements in 25 out of the 32 trades covered.
The reshoring of manufactured goods from Asia to North America is bound to take some import business away from U.S. ports. But there are other developing threats to the continued dominance of gateways like Los Angeles-Long Beach - specifically, a couple of upstarts to the north and south.
Shipbuilding production levels have remained at record high levels, exceeding 50 million compensated gross tons (cgt) for two consecutive years (2010 -2011), with 2012 forecasted to remain close to 2011 levels, according to Drewry Maritime Research. However, the orderbook that forms the contracted forward workload has diminished rapidly and tails off to very low levels for 2014 and beyond.
The National Council of Chain Restaurants is urging repeal of the U.S. Environmental Protection Agency's Renewable Fuel Standard (RFS), claiming it is disastrously costly for the restaurant industry, commodity prices and the food supply chain. The lobbying group released a 32-page report, which can be read in its entirety at http://www.NCCR.net.
The average size of each pharmaceutical theft incident in U.S. so far in 2012 has been about $120,000. Compare that to just four years ago, in 2009, when the average incident resulted in losses of about $4m. That is an astonishing reduction of more than 30 times in just four years. Furthermore, the number of incidents during the same period has been cut in half. What is the cause of this phenomenal success?
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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