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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. The large fines above are examples of this class of penalties. For example, the U.S. Treasury Department. When it comes to fines, there are two classes of fines.

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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. The US will, for example, prohibit companies from doing business with companies in North Korea.

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

GPS and Telematics Global Positioning System (GPS) technology and telematics systems provide real-time data on vehicle location, speed, and driving behaviour , allowing transport managers to track fleet vehicles and gather data that they can use to manage their drivers’ performance. Let’s take a brief look at some of them.

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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. Advantages of a fully automated warehouse: Performance, accuracy, and speed improve with no human error.