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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. Companies who have experienced these delays often add inventory across their network to buffer the risk. There can be big fines for noncompliance with trade regulations.

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

The Chinese New Year (abbreviated as CNY) in the United States is often nothing more than a blip on the radar. In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal.

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Meanwhile, it appears that the Trans-pacific Trade Partnership (TPP) will move forward without the United States ; Japan just completed a trade deal with the European Union ; Brexit negotiations remain contentious ; and the World Trade Organization’s role and relevance are being challenged.

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I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response?