When people say, “Incoterms are simple, pick one and use it in all your contracts,” it should be clear they really don’t understand them, and can’t use them to the advantage of their company.
China will let foreign automakers from Volkswagen AG to Ford Motor Co. own more than 50 percent of local ventures, removing a two-decade restriction and giving a boost to global companies seeking to capture a greater share of the world’s largest car market.
A California state senator is proposing a bill aimed at holding major retailers accountable for using port truck companies that have a history of engaging in wage theft of drivers who are misclassified as independent contractors.