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U.S. adds shipping companies to North Korean sanctions

247 Customs Broker

The Treasury Department’s Office of Foreign Assets Control (OFAC) on Friday added another 27 shipping companies, along with 28 vessels, to its Specially Designated Nationals (SDN) List in an effort to prevent North Korea from further circumventing U.S. Treasury Secretary Steven Mnuchin in a statement Friday.

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless. Finally, we arrived at what we can consider today’s industry-leading software, which we’ll look at now in more detail.