Bangladesh Faces Worldwide Criticism for Factory Collapse, Poor Working Conditions
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Bangladesh Faces Worldwide Criticism for Factory Collapse, Poor Working Conditions

The European Union, the United States, and the Ethical Trading Initiative (ETI) have all responded with outrage at the poor working conditions, shoddy construction standards, and general incompetence of Bangladeshi authorities which led to the factory collapse that killed over 400 garment manufacturing workers last month. Until now, Bangladesh has enjoyed free access to European…

What You Need to Know About Procurement and the Transportation Industry

What You Need to Know About Procurement and the Transportation Industry

Truckers have a saying, “If you’ve got it, a trucker brought it.” To a large extent, this is true. Many finished products take several truck rides, beginning when the raw materials are brought to the supplier, then when the supplier sends parts to the manufacturer, again when the manufacturer ships the product to a distribution…

Financial Industry Falling to Meet Needs of New Graduates

Financial Industry Falling to Meet Needs of New Graduates

According to a new survey released by international research firm PwC, the financial industry needs to change its policies regarding upcoming talent or face a serious talent shortage in the years to come. The survey indicated that 55 percent of recent graduates (workers born since 1980) made compromises when they accepted jobs during the height…

Electronics Industry Prepares Contingency Plans for Possible Korean Conflict

Electronics Industry Prepares Contingency Plans for Possible Korean Conflict

As tensions build on the Korean peninsula, the electronics industry is making preparations for possible shutdowns of large-scale electronics suppliers in South Korea. In our current supply chain, halting production of parts and components in any one region of the world seriously hinders the whole industry’s ability to meet consumer demands for products. While war…

Fashion Retailers Step Up to Help Victims of Factory Collapse

Fashion Retailers Step Up to Help Victims of Factory Collapse

On April 24, an 8-story factory just outside Dhaka, the capital city of Bangladesh, collapsed, killing 380 workers and injuring many more. Suppliers for several fashion retailers were leasing space in the building, including Primark (a subsidiary of Associated British Foods), Loblaws, Matalan, and Bonmarche. The building was known as the Rana Plaza complex. One…

U.S. Trucking Industry Experiencing Promising Growth
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U.S. Trucking Industry Experiencing Promising Growth

The trucking industry is always a good indicator of economic growth because home building and consumer purchasing directly affect how many tons of goods are shipped each quarter. The American Trucking Association (ATA) publishes a seasonally adjusted (SA) and non-seasonally adjusted report illustrating the amount of freight the trucking industry is shipping. According to the…

The News is Not All Bad for Slow-Growing Software Spending

The News is Not All Bad for Slow-Growing Software Spending

According to a new report released by International Data Corporation (IDC) entitled “Worldwide Semiannual Software Tracker,” the software industry as a whole grew just 3.6 percent over the past year, or about half the growth the industry experienced during 2010 and 2011. According to authors of the report within IDC, this slowing of growth indicates…

New Report Reveals Dissatisfaction With ITO Contracts Entered During Recession

New Report Reveals Dissatisfaction With ITO Contracts Entered During Recession

During the severe economic recession, many IT departments entered into poorly planned outsourcing contracts, and now the companies are paying the price in terms of lower service and lower technology. This problem was brought to light when Alsbridge released its recent report entitled, “Terms of Endearment – We Need to Talk.” These problems are most…

The Story of the Most Successful Green Project of Our Time

The Story of the Most Successful Green Project of Our Time

Emissions from commercial diesel truck fleets has now been reduced to the point that grilling a few burgers on a charcoal grill actually produces fewer emissions than driving one of these vehicles from Chicago to Baltimore. In fact, in the U.S., diesel truck emissions have been lowered by 95 percent between 1996 and today. According…