Remove Freight Remove North Korea Remove Shipping Remove Sourcing
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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” Treasury Department.

Global 176
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What Supply Chain Risks Must Supply Chain Execs Keep Top of Mind?

GlobalTranz

Failure to do so would result in extreme inaccuracies in inventory management and additional delays throughout shipping processes. As seen recently with additional sanctions levied against North Korea and other countries, a change in politics may result in the cutoff of critical supply chain functions.