Global Knowledge®

Global Cargo Theft on the Rise

Caroline — Mon, 13 May 2013 14:34:02 +0000

A recent report released by FreightWatch International, a global logistics security firm, identifies Brazil, Mexico and South Africa as the three countries exhibiting the highest risk for cargo theft. The “2013 Global Cargo Theft Assessment” places Brazil at the top of the list, with more than 10,000 cargo thefts reported in the past decade – 6,800 of which occurred in Sau Paulo in 2012. Mexico reported 6,000 incidents last year, 83% of which could be attributed to truck hijackings.

The report showed a sharp rise in European cargo thefts (up 24% from 2011), due notably to the targeting of pharmaceutical shipments in Italy. Asia also saw a rise in the number of thefts reported last year, largely due to the increase in demand for high-value consumables. While food and beverage products comprised the majority of reported theft incidents, high-value commodities (such as electronics) are quickly becoming prime targets.

In response to the report, Ron Greene, Vice President of FreightWatch International, advises that, “Understanding these trends can help shippers implement loss-reduction programs to minimize cargo theft, increase supply chain efficiency and deliver products intact and on-time.”

Follow this link to read the entire article.

UPCOMING WEBINAR: Minimizing Exposure, Liability, and Risk in Trade Compliance

Caroline — Thu, 09 May 2013 13:43:14 +0000

Join Amber Road on Tuesday, May 21 at 2pm EDT for a complimentary webinar focusing on how trade compliance professionals can minimize personal risk. During Minimizing Exposure, Liability, and Risk in Trade Compliance, presenters will discuss the following topics:

Common challenges Empowered Officials, senior management, and compliance professionals face on a daily basis
What criteria should be considered when selecting a compliance manager
Real world strategies for minimizing exposure, liability, and risk in trade compliance

Presenters will include:

Brianna Woodsby, International Trade Manager, AFL
Phil Rhoads, Trade Attorney, Rhoads & Reed PLLC
John Priecko, President and Managing Partner, Trade Compliance Solutions

Join us to learn how to be better prepared to deal with the challenges that accompany such a demanding and dynamic career field. Register today!

Don’t Miss Amber Road’s Retail Seminar: Financial Returns in Global Trade

Caroline — Mon, 11 Mar 2013 21:49:54 +0000

Please join Amber Road and Sandler & Travis Trade Advisory Services, Inc. for a free seminar specifically addressing retailers and Financial Returns in Global Trade.

Learn how your peers have improved the efficiency of their import operations to respond to rapid shifts in consumer behavior and grow their business outside the U.S. Speakers will address strategies for delivering financial returns on your global retail supply chain.

Don’t miss out on this FREE seminar for retailers in NYC!

What: Retail Seminar: Financial Returns in Global Trade - Lunch is included, Networking Reception to Follow.

When: April 17, 2013, 10am – 7pm

Where: Gansevoort Park Avenue NYC
420 Park Avenue South, Between 28th and 29th Streets (Conveniently located between Penn Station and Grand Central)
New York, NY 10016

After a full day of sessions, attendees will enjoy a networking reception at this luxury urban resort in midtown Manhattan. Register to reserve your spot today!

New Analyst Report: American Shipper’s 2013 Global Trade Management Landscape

Caroline — Fri, 08 Mar 2013 15:54:40 +0000

American Shipper’s newest report, Global Trade Management Landscape: Strategies Beyond Compliance, provides an in-depth analysis of the trends, challenges and complexities that are reshaping global trade.

This report explores and provides remedies to challenges that are universal to GTM professionals, including:

Gaining visibility beyond basic track-and-trace functionality
Leveraging financial tools to create bottom-line benefits from GTM
Recruiting, educating and retaining expert GTM practitioners
Balancing the process management and technology sides of GTM
Ensuring global compliance requirements are met

Click here to download the analyst report.

Vishay Intertechnology Reduces Trade Compliance Risks with Amber Road’s RPS On-Demand Solution

Caroline — Wed, 20 Feb 2013 15:07:07 +0000

Amber Road, a leading provider of global trade management solutions, announced yesterday that Vishay Intertechnology, Inc. (NYSE:VSH), one of the world’s largest manufacturers of discrete semiconductors and passive electronic components, reduced corporate risk and improved compliance with trade regulations using Amber Road’s Restricted Party Screening (RPS) On-Demand solution.

Integrated into three separate instances of SAP, the RPS On-Demand solution enables Vishay to screen tens of thousands of its customers and vendors across the Americas, Europe, the Middle East and Asia, against over 200 restricted party lists from government institutions worldwide.

Click here to read the entire press release.