article thumbnail

Combating Illicit Cargo

Logistics Business Magazine

Department of the Treasury’s Office of Foreign Assets Control (OFAC) highlighted the growing threat posed by illicit cargo shipments and called for heightened vigilance from all stakeholders in the maritime and transportation sectors. In a recent announcement, the U.S.

Cargo 52
article thumbnail

The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

This action was brought by the Office of Foreign Assets Control which is an enforcement agency of the U.S. First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border. Treasury Department. For example, the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Global Trade Compliance is a Massive Undertaking for Big Shippers

Logistics Viewpoints

This solution helps companies to automate their international trade compliance processes, manage partners and trade compliance-related documents, and ensure that their companies monitor and comply with the ongoing revisions and amendments to international legal requirements. Restricted Party Screening Challenges are Massive.

article thumbnail

Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

That would enable the printing of manifests and proof-of-delivery documents by shipment, to be issued to the delivery crews the following day, and the picking documents for the warehouse. Big Data and Analytics With the latest analytics technology, you can further refine your fleet’s efficiency and plan more accurately.