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Oct 3, 2024
eNews
On Tuesday, about 45,000 port workers went on strike after their contract expired, following unsuccessful last-minute negotiations between the International Longshoremen’s Association and the U.S. Maritime Alliance, which represents port operators and container carriers. The daily economic cost could be anywhere from $540 million to upwards of $4 billion.

Oct 3, 2024
eNews
Hurricane Helene, a Category 4 storm that tore through the Southeast of the United States last week, has left more than 160 people dead and is estimated to cost the country as much as $34 billion, according to Moody’s Analytics.

Sep 26, 2024
eNews
Letters of Credit (LCs) are one of the most versatile and secure payment instruments used in international sales. However, securing an LC is becoming increasingly challenging in today’s global business environment. Credit professionals seeking letters of credit must now invest more time and resources in ensuring they meet evolving criteria.

Sep 26, 2024
eNews
Whether you’ve started a new position, or your company has recently merged with another, you might have a hard time managing customers you inherit from previous credit managers. Regardless of how you’ve gained these customers, there are several problems that might arise.

Sep 26, 2024
eNews
As a credit manager, you’re no stranger to a thoroughly filled email inbox. Whether it’s an email from customers, team members or new credit applications, it can be hard to stay on top of all of it and even harder to keep it organized.

Sep 20, 2024
Week in Review
Steep losses for the stock market and a slump in FDI to the lowest level in decades has brought added urgency to efforts by officials in Beijing to shore up confidence that the CCP regime is prepared to take the steps required to stabilize an economy that has shown signs of wobbling amid mounting difficulties for the crucial property sector.

Sep 19, 2024
eNews
Three months ago, the NACM Board of Directors proposed a comprehensive amendment to the bylaws of the national organization. At its meeting yesterday, the NACM Board voted to adopt the amendment. The final step in the amendment process is to provide 30 days for members to object to the Board’s actions. If no objections are raised, the amended bylaws will go into effect in mid-October.