The State Department fined Esterline Technologies, an aerospace and defense technology company, $20 Million for inadequate export controls that led to the unauthorized export of defense articles and technical information. DTCC [Office of Defense Trade Controls Compliance] concluded that many of the alleged violations occurred because Esterline did not properly establish … [Read more...]
St. Patrick’s Day & Logistics
HAPPY ST. PATRICK'S DAY!!! There are just about 35 million Americans that claim to be Irish! That is over seven times the entire population of Ireland! All of those 35 million, plus the millions of non-Irish Americans will celebrate full force today - in addition to celebrations over the weekend. All in honor of Ireland’s patron saint. Between green beer, parades, … [Read more...]
Export Basics: Identify Your Market
Export Basics: Identify Your Market [4th in the series] To successfully export your product(s), you should research foreign markets. The next step includes market research. The results of the research should provide the following: From the Basic Guide to Exporting~ The largest markets for your product and the fastest-growing markets Market trends and … [Read more...]
3PL: Benefits to Outsource Warehousing
3PL: Benefits to Outsource Warehousing Outsourcing your warehouse needs is a great way to free up more resources to focus on your core competencies. Third Party Logistics companies (3PL) are experts in warehousing and distribution. Those companies that develop a strong relationship with dependable regional 3PL's simplify their supply chain management, reduce … [Read more...]
IATA – Lithium Battery Shipping Guidelines
IATA releases the Lithium Battery Shipping Guidelines (LBSG) providing comprehensive guidance on how to safely ship lithium batteries and products containing Lithium batteries. Lithium batteries are safe to transport provided shippers comply with the relevant dangerous goods regulations to meet their safety obligations. The LBSG is a complete guide for shippers. It is being … [Read more...]