risk
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Supply chain risks shift with pandemic
There has been a major spike in the number of warnings regarding cyber security risk
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Losses due to supply chain disruptions increased in 2014
Rapid economic growth in emerging economies, labour disruptions, political instability and a disease outbreak in West Africa led to a rise in business loss
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Canadian businesses not ready for tech change
Risk aversion means companies not preparing for disruptive technologies
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West Coast port congestion could cost retailers $36.9 billion over 24 months: analyst
NEW YORK, N.Y.–West Coast port congestion issues could cost retailers as much as $7 billion this year, according to a Kurt Salmon analysis. Work stoppage threats and major trade associations’ calls for federal intervention have retailers and consumer products companies on high…
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First annual global supply chain resiliency council and awards announced
SANTA CLARA, Cal.–Resilinc announced it is the technical advisor and principal sponsor of the first annual Global Supply Chain Resiliency Council and Awards, to take place on Wednesday, February 25th, 2015, at the Hyatt Regency- Santa Clara, California. The Global Supply…
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TIACA calls for risk-based approach to new freighter regs
MIAMI, Fla.–TIACA members have been advised that recently released updates to Security Programs for all-cargo aircraft in the USA must be implemented by February 16th, 2015. The updated Security Programs , issued by the United States Transport Security Administration (TSA) on December 29th, 2014, affect…
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Containership reliability ends 2014 on a downer: Drewry report
LONDON, U.K.–Containership reliability declined for the second month in a row in December, according to Drewry’s monthly Carrier Performance Insight. The latest data shows that the aggregate on-time performance for the Asia-Europe, Transpacific and Transatlantic trades dropped to 58% in…
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EDC insurance product allows small Canadian companies to insure their foreign sales
OTTAWA, Ont.–Export Development Canada (EDC) has introduced a new online version of its credit insurance product that will allow Canadian companies to insure their sales to US or foreign buyers in minutes. Credit insurance allows small businesses to insure their sales…
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US economic growth to continue through 2015, leading economist claims
However the goods-producing sector will be outperformed by the service sector, meaning the impact on freight demand could be muted BLOOMINGTON, Ind. — The US economy is expected to continue its upward trajectory through 2015, eventually meeting its full potential…
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Canadian importers to quarantine some products from Sri Krishna Pharmaceuticals Ltd.
OTTAWA, Ont.–At Health Canada’s request, Canadian importers have agreed to quarantine health products made with active pharmaceutical ingredients (APIs) from Sri Krishna Pharmaceuticals Ltd. in Hyderabad, India, due to data integrity concerns. “This action comes in light of recent information from…