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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. The other industry specific solution is Oracle’s solution for aerospace & defense. Treasury Department.

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How sanctions affect shipping companies and trade

Shipping and Freight Resource

In the US there is a special body responsible for control over the above issue: Office of Foreign Assets Control of the US Treasury Department (OFAC). Passage through Kerch Strait by vessels is a prime example of possible financing (or other financial impacts) in favor of maritime business entities being subject to sanctions.

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EAR99 – US Export Control Basics

Globalior

If your goods fall under the administration of the Commerce Department’s EAR, and you have evaluated the Commerce Control List as well as ascertained that your products do not have an Export Commodity Control Number (ECCN), then they classified as EAR99. Restricted Party Screenings. The following three government agencies; U.S

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

Finally, we arrived at what we can consider today’s industry-leading software, which we’ll look at now in more detail. Drivers’ adherence to routes is visible in real-time, and planners can even change a driver’s itinerary on the fly, in response to a long traffic tailback, for example.