Subscribe to our free, weekly email newsletter!

Building an Export Compliance Program

March 14, 2012

The mandatory checks and balances for export compliance are fairly standard, and most global US corporations are aware of them. However, only 62% of exporters surveyed in an October 2009 study by Amber Road actually have a full export compliance program (ECP) in place.

This leaves many organizations vulnerable and at risk of noncompliance. Penalties and fines have been on the rise since 2006 with the implementation of the USA PATRIOT Act and the International Emergency Economic Powers Act in 2007. All organizations, large and small, are susceptible to committing infractions when not exercising due diligence.

Small to medium-sized enterprises (SMEs) have particular difficulty exercising compliance because of resource constraints. The lack of full-time compliance teams, coupled with the complexity of regulations across global markets, can make compliance difficult for these smaller organizations.

Download this paper:
Building an Export Compliance Program
Sponsored by:
* Indicates a required field
*First Name:
*Last Name:
*Address 1:
Address 2:
*Zip/Postal Code:
*Phone Number:
Save my data on this computer (do not use on public/shared computers)

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Seasonally-adjusted (SA) for-hire truck tonnage in October at 135.7 (2000=100) was up 1.9 percent compared to September’s 133.1, and the ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment was 139.8 in October, which was 0.9 percent ahead of September.

The average price per gallon of diesel gasoline fell 3.7 cents to $2.445 per gallon, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). This marks the lowest weekly price for diesel since June 1, 2009, when it was at $2.352 per gallon.

In its report, entitled “Grey is the new Black,” JLL takes a close look at supply chain-related trends that can influence retailers’ approaches to Black Friday.

This year, it's all about the digital supply network. In this virtual conference, we will define the challenges currently facing supply chain organizations and offer solutions designed to transform linear operations into dynamic, automated networks that offer seamless communication, visibility, and the ability to respond and optimize processes at any given time.

In his opening comments assessing the economy at last week’s RailTrends conference hosted by Progressive Railroading magazine and independent railroad analyst Tony Hatch, FTR Senior analyst Larry Gross said the economy continues to slog ahead at a relatively tepid pace, coupled with some volatility in terms of overall GDP growth. And amid that slogging, Gross said there is currently an economic hand-off occurring between the industrial sector and the consumer sector.


Post a comment
Commenting is not available in this channel entry.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA