Liens & Bonds: Doing Your Homework Upfront
In the complicated world of construction credit, many credit professionals will utilize liens and bonds in order to secure their investments, but as Greg Powelson, director of NACM's Mechanic's Lien and Bond Service (MLBS), illustrated in his most recent NACM-sponsored teleconference, "Liens... [More]

Steady as She Goes — Fed Halts Rate Cuts
It's the end of an era. Somewhat. In what began as an all out blitz against a sluggish economy, the Federal Reserve Board had slashed the primary and secondary federal funds rates by more than half between September 2007 and April 2008. But for the first time since the Central Bank began... [More]

SOX 404 Requirements Delayed for Small Businesses
The Securities and Exchange Commission recently approved a one-year extension of the compliance date for smaller public companies to meet the auditor attestation requirement of Section 404(b) of the Sarbanes-Oxley Act (SOX), meaning that smaller companies will be required to start providing... [More]

Transportation Funding in Need of Overhaul
With the price of oil and gasoline soaring to record highs as rush hour periods extend ever longer, there has been a great deal of focus placed on the efficiency and health of the nation's transportation infrastructure. At the recent State Summit on Innovative Transportation Funding and... [More]

U.S. Logistic Costs Surge to Record High in 2007; Now Account for More Than 10% of U.S. GDP
An annual benchmark just released shows the impact of rising energy and carrying costs on the U.S. economy. The 19th Annual State of Logistics Report® released by the Council of Supply Chain Management Professionals (CSCMP) shows that logistics costs increased $91 billion in 2007... [More]