The world's CEOs, CFOs and senior management accountants have an increasingly negative outlook for the global economy over the next 12 months, according to the CGMA Global Economic Forecast released today by the American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA). The quarterly forecast polled 600 management accountants from more than 60 countries on global and domestic economic conditions and the outlook for their organizations.

The trend in North American freight volumes continues to follow the path of general malaise that the economy is experiencing, according to Rosalyn Wilson, senior business analyst at Delcan Corporation. The number of freight shipments in June was up a scant 1.3 percent from the previous month, while at the same time total freight costs declined 0.1 percent. The economy has been flat for several months and is even beginning to trend downward in terms of new orders and manufacturing output. This slowdown on manufactured goods is putting downward pressure on freight.

The evolution of voice technology now includes an integration of graphical data visually displayed, says John Reichert, TECSYS marketing director. The combination is quicker and more beneficial than one might think.

Accenture has announced a management consulting contract with Japan's Ministry of Agriculture, Forestry and Fisheries for a project to improve food supply capabilities in natural disasters and emergencies.

Oman Air is planning to ramp up it airfreight service. The CEO of the sultanate's flagship carrier is planning to turn Muscat into a major cargo transport hub.

Innovation is required if the U.S. is to regain the level of productivity that it enjoyed toward the end of the 19th Century through the mid-20th Century. However, innovation by itself is not enough. Just as our parents and grandparents adopted electricity, the automobile, credit cards and airplanes in the period from 1870-1950, businesses and organizations of the 21st Century must embrace change.

Kuehne + Nagel has agreed to take over the business of Perishables International Transportation Inc. of Vancouver, Canada, another step in implementing the Swiss company's strategy to expand its activities in the field of perishables logistics globally.