STOUGHTON, WI, July 11, 2013 / Armstrong & Associates, Inc. / – Eighty-six percent of Domestic Fortune 500 companies use 3PLs for logistics and supply chain functions according to a new report just issued by Armstrong & Associates. The report “Trends in 3PL/Customer Relationships – 2013” leverages Armstrong & Associates’ proprietary database of 6,398 3PL customer relationships to provide detailed information on the top outsourcers to 3PLs, trends in service demand, and 3PL market size by vertical industry segment from 2005 through 2013E.
News
Please note the following MIQ Logistics holidays. All MIQ Logistics offices within the specified country will be closed on the dates listed, unless noted otherwise.
Who is a “foreign official” for purposes of FCPA compliance?
The FCPA is clear that any officers or employees of state instrumentalities are “foreign officials”. State “instrumentalities” include government agencies, customs departments, as well as state-owned or controlled enterprises. The government interprets “foreign official” very broadly, in that it can include “any” employee or officer of or acting on behalf of a foreign government or agency, department, or instrumentality thereof.
Customs and Border Protection (CBP) announced that they will begin full enforcement of Importer Security Filing (ISF) regulations on July 9, 2013 and will start issuing liquidated damages against ISF importers and carriers for ISF non-compliance.
Payment of “Anything of Value” means to offer, attempt, give, pay, promise to pay or give anything of value.
The Wall Street Journal
Hong Kong port workers accepted on Monday a 9.8% pay rise—ending their strike and averting further disruption at the world’s third-busiest container port.