The efficiencies and cost-containment initiatives that the physical supply chain has seen have not been brought to the financial supply chain by most companies, says Robert Kramer, vice president for working capital solutions at PrimeRevenue. That's unfortunate because there are literally trillions of dollars in accounts receivable in corporate supply chins that can be freed up, he says.

Canadian Prime Minister Stephen Harper and Japanese Prime Minister Yoshihiko Noda have announced plans to begin negotiating a free-trade agreement aimed at deepening trade and investment ties between the two nations.

Despite greatly improved safety records in the century since Titanic, the maritime industry faces new challenges driven by the continued growth of worldwide shipping, according to specialist marine insurer Allianz Global Corporate & Specialty.

Manufacturers spend over 23 billion dollars of product revenue on warranty claims in the U.S. alone, and are relentlessly seeking ways to decrease these costs. A new report, IDC MarketScape: Worldwide Warranty Analytics 2012 Vendor Assessment, examines the capabilities and strategies of key vendors of warranty analytics software. The study provides IT buyers and software vendors with a structured review of key market participants: Camstar Systems, Infernotions Technologies, Pegasystems, PTC (4CS), SAP, SAS, Teradata, We Predict, Ltd., and Ubiquiti.

The U.S. Transportation Security Administration and U.S. Customs and Border Protection are moving forward with their joint Air Cargo Advance Screening pilot program, according to John Pistole, TSA administrator.

Descartes Systems Group has created a pair of cloud-based services to help air freight forwarders comply with U.S. and European security filing requirements.