Remove North Korea Remove Shipping Remove Sourcing Remove Transportation
article thumbnail

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
article thumbnail

This Week in Logistics News (September 5-9, 2016)

Talking Logistics

The kids are back at school, we have air conditioning again, and North Korea tested a nuclear bomb yesterday. “If According to the press release: The new Matternet M2 drone is completely autonomous [and] can transport up to 2 kilograms (4.4 Source: https://www.oracle.com/us/assets/logfire-general-presentation-3211400.pdf.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Talking Logistics

The answers to those questions and more could significantly impact supply chain strategies, everything from sourcing decisions to network design, which is why my prediction from two years ago — that more companies will start treating Supply Chain Design as a continuous business process — is now a critical necessity.

article thumbnail

Forced Labor in Seafood Supply Chains

EcoVadis

State Department, Southeast Asian countries, and notably Thailand, are also sources of widespread modern slavery. State Department responded to the media reports by blacklisting Thailand – essentially placing constraints on Thai trade similar to those placed on North Korea. According to the U.S.

article thumbnail

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. Hurricanes, floods, tornadoes, and even astrological events, such as solar flare ups, can impact the ability of supply chain entities to transport goods.