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Meet Michael Webber: Unmasking the Secrets of Corporate Governance in Ocean Shipping since 2016. His Annual Scorecard Reveals All - Good, Bad, and Ugly. Discover How Investors Are Reacting to Low Ratings and Why IPOS are Failing. Unraveling the Tangled Web of Related Party Transactions for Shareholder's Benefit.
Prior to her time at USDOT, Reinke spent 16 years at CSX Corporation in their Federal Affairs office, ultimately serving as the Vice President – Government Affairs, overseeing the Federal, State Government and Community Affairs Departments. There’s no other event out there designed by 3PLs for 3PLs, so don’t miss it.
Prior to her time at USDOT, Reinke spent 16 years at CSX Corporation in their Federal Affairs office, ultimately serving as the Vice President – Government Affairs, overseeing the Federal, State Government and Community Affairs Departments.
Now, it has been announced that over 60 private and public maritime organizations, as well as various governments at the national and regional levels have banded together to make a bold commitment. The post Groups Recommit to Meeting IMO Climate Targets by 2050 with Latest Talks appeared first on More Than Shipping.
Chip Lilliewood, vice president of government programs and channels with Dun & Bradstreet, and Bill Solms, president of Qomplx, explain the new Cybersecurity Maturity Model Certification (CMMC), issued by the U.S. Department of Defense for all suppliers in the government’s defense industrial base.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Regulatory Demands: Governments worldwide are enforcing stricter emissions standards and introducing carbon taxation schemes, pressuring companies to adapt.
With a history of advocating for fair and equitable regulations, TIA ensures that its members are well-prepared to meet the challenges of a dynamic transportation landscape. There’s no other event out there designed by 3PLs for 3PLs, so don’t miss it. When: April 10-13, 2024.
from AAA to AA+, citing erosion of governance, Federal Reserve tightening and rising government deficits, has raised questions regarding the bizarre timing of the downgrade. But, with the upcoming BRICS meeting on the horizon, it is essential to explore how this downgrade timing might be a warning sign for the status of the U.S.
” In a recent video message to union members, shared during the September meeting, Dennis Daggett, executive vice president of the ILA and son of Harold Daggett, described automation as a “cancer” in the port industry. government will be able to afford a prolonged strike. However, with the guarantees that the U.S.
Government regulations like the Sarbanes-Oxley Act of 2002 (SOX) put additional strain on companies to maintain stringent data and financial controls, and often include provisions on how data is maintained by outside vendors and service providers. As long as the control meets the required criteria, the company is granted Type 1 compliance.
Someone to quickly build an online marketplace that includes (a) Ukraine government and key NGO needs on the ground; (b) suppliers that can meet these key needs; and (c) logistics companies that can deliver these supplies. Suppliers who can provide food, medicine/medical equipment and other key resources. Ben Gordon.
How Smart Contracts Improve Procurement Automated Payments: When a supplier meets predefined conditions (e.g., Decentralized Autonomous Organizations (DAOs): Warehouses can be managed by self-governing smart contract rules, reducing administrative overhead. This creates opportunities for fraud, inefficiency, and payment delays.
Companies have been prioritizing environmental, social and governance (ESG) goals in an effort to meet stakeholder demands. As Year Three of the COVID-19 pandemic approaches, however, this goal is becoming more difficult to meet.
We previously reported that last week, the International Maritime Organization (IMO) was meeting to see if they could agree on updated greenhouse gas emission reduction rules as climate change accelerates. The post IMO Agrees on New Plan to Fight Shipping Emissions After Meeting appeared first on More Than Shipping.
They sell the captured carbon dioxide to concrete producers and greenhouses, helping fleets earn new revenue while meeting their climate commitments. Remora sells the captured carbon dioxide to concrete producers and other end-users, helping fleets earn new revenue while meeting their climate commitments.
The reason for this is that certain changes are nearly impossible, especially since banks and government officials are involved, and there are safety considerations, particularly in sectors like F&B. By making these changes and implementing such tools, organizations can maintain the speed and meet business needs effortlessly.
Maritime law, a distinct body of law governing maritime questions and offenses, is deeply rooted in historical practices and modern international agreements.
Brandon Owens, vice president sustainability with Insight Sourcing Group, describes the challenge of meeting environmental, social and governance (ESG) requirements in global supply chains, especially with regard to measuring the carbon emissions of independent vendors and suppliers.
This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. Success will depend on getting executive buy in, setting up governance and keeping stakeholders informed throughout. How can we help?
Whether you are a large manufacturing company or a small, specialized firm, there is no escaping the fact that regulators, investors, and consumers are increasingly concerned about companies’ environmental, social, and governance (ESG) practices being in line with the standard requirements and expectations. What is ESG?
The government is intervening to keep both ports operating 24/7, as it tries to wrestle delays and inflation under control. government is put behind breaking this long-running logjam. The National Guard may become involved in ensuring that the port complex operates efficiently to meet the needs of U.S. This week, U.S.
Ryan Collier is a Principal Designer at Convoy focused on understanding the problem space and designing solutions to meet the needs of transportation professionals. Prior to joining Convoy , Ryan designed and led design teams in education, healthcare, and government services.
ComEd has joined the Metropolitan Mayors Caucus to announce a new initiative to help communities across northern Illinois prepare to meet growing demand for electric vehicle (EV) charging infrastructure. The post ComEd, Metro Mayors Caucus Debut EV Charging Preparation Program appeared first on NGT News.
Highland Electric Fleets, a provider of electrification-as-a-service for government and municipal fleets in North America, has hired Gaurav Dubey as CFO to help scale its finance organization, optimize its capital structure and develop new financial products.
Partnering with PetroCard enables us to meet the growing demand for sustainable, lower-emission solutions from commercial and government entities in the region,” says Carrie Song, vice president, renewable […] The post Neste Working with PetroCard to Drive Penetration of Renewable Diesel appeared first on NGT News.
ComEd and the Metropolitan Mayors Caucus has recognized the inaugural cohort of communities participating in the EV Readiness Program, an initiative launched earlier this year to help local governments prepare to meet the growing demand for electric vehicles (EV) and EV charging infrastructure.
This is important, as it defines the scope of work, payment terms, service level agreements and all the other bits that govern the logistics service. Warranty Clauses Warranty clauses are an important part of a 3PL contract, as it gives you assurance that the logistics provider will meet certain service standards.
ESG stands for environmental, social, and governance, and is a framework that evaluates a company’s performance and ethical behavior. It’s a set of practices that organizations use to limit negative impacts or increase positive impacts on the environment, society, and governance bodies.
CBP will allow customs brokers to complete fewer than 36 hours to meet the requirement for the initial 2024-2027 triennial status period. partner government agencies (PGAs) will offer a variety of continuing education credits at no cost to customs brokers. CBP and U.S.
Smart warehouses, governed by standards like ISO 9001 for quality management, are also integrating AI systems to optimize inventory management and automate the loading and unloading processes. Leveraging government incentives and grants aimed at promoting Industry 4.0 What Are The Challenges?
This is due to the Chinese government’s investments in the industry. The Chinese government has poured billions of dollars into the shipbuilding industry, and this has allowed China to become one of the leading shipbuilders in the world. China also has a history of shipbuilding, but it’s more recent.
Regardless, manufacturers actively seek ways to improve their environmental, social, and governance (ESG) scores by reducing their holistic carbon footprint to attract/retain investors, customers, and employees. In effect, government/customers/investors are calling the energy sector to dramatically reduce its carbon intensity.
government spent almost $80 million on the renovations and upgrades. The new project’s completion is very important for meeting future capacity, as the post-Covid era showed that major global supply chain woes can arise at anytime from “black swan events” and additional capacity is critical. In all, the U.S.
This aligns with corporate sustainability goals and helps companies meet regulatory requirements related to emissions and energy consumption. Scalability and Flexibility Both solar energy systems and robotics are highly scalable and can be tailored to meet the specific needs of a warehouse.
We are following guidelines from local government and public health authorities across the globe, and we have put measures in place to allow our employees to securely work off-site. The Executive Committee of Syncron is meeting daily to discuss and assess the impact of COVID-19 on our customers’ businesses.
Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. Using a quality management system ensures goods inspected on arrival meet the required standards and that products leave the factory at the standard customers expect. This can be used in costing analysis and equipment profitability.
The lessons that prepare defence forces and government institutions for crisis responses need not come from history books. Buffers, insurance and assurance (through planning and governance) are important for resilience, but there are intangible factors that need to be understood. By David Beaumont. Hoarding will occur.
Among key insights , we learned that finance leaders are realigning their 2022 priorities to meet changing business needs. 4. Managing governance and risk. At an overall response rate of 30% , CFO respondents agree that managing governance and risk is a critical focus area for 2022.
We have to ensure that we meet the needs of both the carriers and the locations, which is why balance is so important.” “In the future, I expect city regulators and even national governments to demand fewer locker installations in crowded areas. ” Logistics Business : How do you see the “race for space” panning out?
In fact, people commonly use it as a metaphor in business situations “I didn’t meet the deadline. WMS suppliers were well positioned to support their customers with the adaptations required to meet the abrupt change in fulfillment requirements driven by the Covid-19 pandemic. They threw me a curveball.” Final Word.
Less need for specialized IT and shorter development cycles – The current supply of software engineers or coding specialists is unable to meet business demand, as we know experienced developers are hard to hire. Needs to fit in your long-term strategy – Manufacturers should focus on configuring solutions to meet their unique business needs.
Shipping executives and industry leaders alike already know the importance of reducing emissions in the shipping industry and the need for green initiatives, as they look to protect the environment and meet customer demand for cleaner shipping. This will likely not occur in 2023, but major progress will be made in proving viability.
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