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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. The post Combating Illicit Cargo appeared first on Logistics Business® Magazine.

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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. Treasury’s Office of Foreign Assets Control 50 Percent Rule imposes sanctions on companies with combined ownership by “blocked” parties of 50 percent or more. appeared first on Logistics Viewpoints.

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Editor’s Pick: Using Denied Party Screening to Counter Cyber Threats

Talking Logistics

Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. Cyber-related sanctions controls have been a hot button issue for years. watch lists.

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Should My Warehouse Be Automated?

Logistics Business Magazine

Today, technologies such as big data analytics, plug and play automation, mobile communications, sensors, wearables, IoT, and robotics have transformed warehouse management operations and systems for the better. appeared first on Logistics Business® Magazine. Click here for further details. The post Should My Warehouse Be Automated?

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics. Let’s take a brief look at some of them.

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Global Trade Compliance is a Massive Undertaking for Big Shippers

Logistics Viewpoints

In the US, for example, the Office of Foreign Assets Control (OFAC) publishes lists of individuals and companies, and the addresses of those entities, owned or controlled by targeted countries. When new restricted party entities are added, then that data must be input into the GTS solution for the automation to work.