The Customs-Trade Partnership Against Terrorism (CTPAT) program is a voluntary program that provides benefits to importers and other parties involved in international trade in exchange for adopting supply chain security measures. The program was originally established as a cargo security program, but it has since been expanded to include the Trade Compliance Program (TCP) based…
Disruptions from supply chain and logistics backups have been all over the news lately. The problem is so serious that it’s even made it to the funny pages. Aside from these current systemic issues, every international sale poses logistics and supply chain concerns, since merchandise may get delayed, lost, or damaged in transit. The question then becomes which party,…
1. Define your goals The business sector uses the term logistics to describe the efficient flow and storage of goods from where they originate to where they’re consumed. The supply chain includes transportation, shipping, receiving, storage and management of all these areas. Some of the key goals for all businesses are increased efficiency, more sales,…
In a response to changes in the international economic environment, such as the trade war between the United States and China and the implementation of the new free trade treaty between the US, Mexico, and Canada (USMCA), nine of the country’s automotive manufacturing clusters in Mexico have joined together to create a formal associative network….
It is common to hear that auto part manufacturers with plants in Mexico that export their final products or that sell them to Mexican Original Equipment Manufacturers (OEMs), operate under trade facilitation programs that allow them to import into Mexico raw materials, machinery and equipment with certain benefits. Most of the manufacturers operate as IMMEX…
Working in logistics and transportation requires a wide range of skills to deal with the different service providers. Helping you move the product across the globe. Get the training you need to become efficient and productive with Logistics and Transportation. Check out our training events here. Transcript from video from WSJ. Follow link below to…
Coinciding with the upswing in the world economy two years ago, global seaborne trade is doing well, note analysts for the Geneva-based United Nations Conference on Trade and Development (UNCTAD). They also observe that containerized shipping expanded by 4% in 2018—the fastest growth in five years. “Global maritime commerce gathered momentum two years ago and raised…
In today’s geopolitical climate, it is impossible to ignore the turbulent trade environment. Just turn on any major cable news channel. Browse the headlines of top-tier newspapers or swipe through a few digital news stories. See news related to the current renegotiation of the UK’s relationship with the EU, post Brexit or the bilateral trade…
As trade compliance professionals, we joke that our family members now finally understand what we do for a living. In fact, 2018 has been the year that anybody with access to a news platform has become well acquainted with the concepts of global trade compliance. Both shippers and logistics service providers are certainly on the…
