The International Air Cargo Association has applauded the recent agreements forged by authorities around the world to mutually recognize other countries' airfreight screening regimes. But more nations should follow the lead of these trailblazing countries, TIACA says.

The Indonesian economy has surged forward to its highest level in years. While growth is expected to be 6.1 percent in 2012, on June 7 the Jakarta Globe reported the government reckons it to be 7.2 percent next year. (World Bank estimates previously had suggested 6.4% growth in GDP in 2013.)

The board of directors of the Export-Import Bank of the United States has approved two final commitments aggregating $171m in export financing for Aerovias de Mexico S.A. de C.V., or Aeroméxico, the country's largest airline. This transaction effectively triples Ex-Im support for Mexican aviation companies purchasing goods and services from U.S. companies.

The Consumer Goods Forum has created what it calls the first professional online network of the retail and consumer goods industry. The purpose is enable the group's mission to facilitate industry-wide collaboration and to enable members to work together by serving shoppers, consumers and communities better, faster, with greater value and more responsibly.

Eighty percent of manufacturers responding to a recent survey rate reducing overall supply chain costs as the number one supply chain priority in the coming year, according to IDC Manufacturing Insights. Nearly 55 percent suggest supply chain agility is second and 52 percent suggest improving product quality and safety is the third-most important priority.

Medical technology companies looking to grow globally are finding that one approach does not fit all markets, and they are developing customized growth strategies to penetrate emerging markets, with products tailored to unique local market needs. The challenge is that companies are also finding that limited visibility into globalized manufacturing and distribution chains is leading to increased risk, according to a study co-sponsored by PwC US and published by Axendia, a life sciences and healthcare advisory firm.

Just when you thought cloud computing couldn't get any more complicated and fraught with hidden gotchas, the Pennsylvania Department of Revenue has jumped in to sprinkle taxation magic on your cloud business cases. What the Keystone State did - and other states are likely to follow - doesn't make cloud any less profitable, but the specifics of the cloud deployment could now impact tax costs.

Top-performing companies in the food, beverage and household products sectors that leverage the demand chain will be in the best position to continue to grow, according to the 2012 Financial Performance Report by the Grocery Manufacturers Association (GMA) and PwC US, entitled Profitable Growth: Driving the Demand Chain.

Fair Factories Clearinghouse, a non-profit organization that helps major brands and manufacturers collaborate to ensure cost-effective, well-informed business transactions and improved workplaces worldwide, has enhanced its software and collaboration platform that support a new approach for manufacturing audits.