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Descartes Releases August Global Shipping Report: July U.S. Container Import Volumes Break 2.5M TEUs
ATLANTA, Georgia, August 7, 2024 – Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its August Global Shipping Report for logistics and supply chain professionals. The...
Solutions
The robust growth of U.S. container import volumes in 2024 continued, with July reaching the third highest monthly volume on record. July’s volume of 2,556,180 twenty-foot equivalent units (TEUs) was eclipsed by the first- and second-highest volumes...
Solutions
Global sanctions screening or denied party screening is a compliance process that checks whether an entity is listed on a global sanctions list, and as such is prohibited from being engaged commercially. Despite its necessity in securing business...
Solutions
ATLANTA, Georgia, July 9, 2024 -- Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its July Global Shipping Report for logistics and supply chain professionals. U.S. container import volume...
The Global Shipping Report U.S. container import volume in June 2024 posts further strong year-on-year gains as labor talks stall at South Atlantic and Gulf Coast ports June 2024 U.S. container import volume declined 2.1% from May but increased 10.4%...
The escalating conflict between Russia and Ukraine, marked by Russia's alleged use of chemical weapons, has led to a new wave of US sanctions aimed at undermining Russia's military-industrial capabilities. These OFAC Russia sanctions target the...
The Uyghur Forced Labor Prevention Act (UFLPA) empowers the Customs and Border Protection (CBP) to scrutinize imports from the Chinese province of Xinjiang due to the potential use of forced labor. A key tool in this initiative is the UFLPA Entity...
An International private banking group has agreed to pay a civil penalty of $3.7 million to resolve OFAC sanctions violations. Initially facing a base civil penalty of $10.6 million, the reduction to $3.7 million was attributed to the company’s...
ATLANTA, Georgia, May 9, 2024 -- Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its May Global Shipping Report for logistics and supply chain professionals. In April 2024, U.S. container...
Solutions
Maximize Compliance, Minimize Risk with Descartes Visual Compliance for SAP Fiori, Powered by Elimi
Solutions
ATLANTA, Georgia, April 9, 2024 -- Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its April Global Shipping Report for logistics and supply chain professionals. In March 2024, U.S. container...
Solutions
The ever-changing landscape of sanctions and opaque ownership structures present constant challenges for any compliance team. This invaluable resource offers clarity on sanctioned lists, the significance of transparency, direct and indirect ownership...
Solutions
The stakes are high for sanctions compliance and the impact of false positives in denied party screening is severe. False positives inflate the cost of compliance, and carry hidden costs, obscure real threats, drains resources, and greatly increases...
Solutions
Descartes' Risk Mitigation Solutions Assist PC Components Europe (PCE) In Their Search For Global Compliance PC Components Europe (PCE), a prominent distributor of active and passive electronic components, recognizes the critical importance of...
Industries
Solutions
Russia began the invasion of Ukraine on February 24, 2022, and the conflict has recently passed its two-year milestone. Additionally, anti-corruption advocate Aleksey Navalny recently died, triggering a new wave of human rights concerns. World...
The Office of Foreign Assets Control (OFAC) issued Nasdaq a fine of over $4 million in 2023 for OFAC sanctions violations that occurred at an international subsidiary between 2012 and 2014. The international financial services enterprise acquired a...
In February 2024, U.S. container import volumes declined 6% from January, but jumped 23.3% when compared to the same month last year. We would expect the month-over-month results to be smaller as February is a shorter month. The year-over-year...
Solutions
ATLANTA, Georgia, February 8, 2024 – Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its January Global Shipping Report for logistics and supply chain professionals...
Solutions
If you are new to this, welcome to the ever-evolving landscape of trade sanctions compliance. If you are an old hand in this game, you’ll know that this is the latest chapter of an ongoing story about how businesses have been navigating an...
Solutions
ATLANTA, Georgia, January 8, 2024 – Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its January Global Shipping Report for logistics and supply chain professionals...
Solutions
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