For Immediate Release

Trade Security and Customs Compliance Initiatives to be Highlighted at Executive Briefing Series

Fort Erie - August 30, 2002 - PBB Global Logistics is conducting a cross-continent seminar series to provide traders at the executive level with everything they need to know about wide-reaching border initiatives on trade security and Customs compliance. The series was designed to help prepare businesses that rely on international supply chains who are facing radical changes at the border. Some of these changes, such as the Administrative Monetary Penalty System (AMPS), have been in the works for several years. Others are relatively new, stemming directly from the response to last year's terrorist attacks.

"The Canadian and U.S. governments are in their final stages of implementing a multi-faceted strategy to revamp their Customs operations," says Tom Mountain, Executive Vice-President, PBB Global Logistics. "Traders are beginning to ask, 'What should I be doing now to prepare?' These Executive Briefings will cover all bases."

With over 50 years of combined experience, Mr. Mountain and PBB's Jack Rafferty, Director, Trade & Regulatory Services will share their expert insight into a wide range of trade security and Customs compliance initiatives. Mr. Mountain is a Certified Professional Logistician (P.Log) and Chairman of the Canadian Society of Customs Brokers. Mr. Rafferty is a Director of the Northern Border Customs Brokers Association and a member of the National Customs Brokers and Forwarders Association of America.

Following last year's terrorist attacks and the subsequent disruptions to international trade, the issue of supply chain security has become a major point of concern for the trading community. New initiatives such as the Container Security Initiative (CSI) and the Smart Border Declaration signed between the U.S. and Canada are among the policies that have gone a long way to increase co-operation and improve security measures. Specific trade security topics covered by the seminars include Customs-Trade Partnership Against Terrorism (C-TPAT), Free and Secure Trade (FAST) and Partners in Protection (PIP).

Concurrent with these security initiatives, the Canada Customs and Revenue Agency (CCRA) is in the final stages of implementing its Customs Action Plan. Of particular concern to importers and exporters is the full implementation of AMPS on October 7, 2002. These seminars will guide traders in reviewing their business systems and procedures to ensure that they are fully compliant with present and future Customs requirements.

In addition to AMPS, PBB's Executive Briefing seminars cover important Customs compliance topics such as Advance Commercial Information (ACI), Customs Self -Assessment (CSA) and record keeping.

The seminars will be held across North America and the following dates have been confirmed:

PBB Global Logistics is a leading provider of third party international logistics services, facilitating the movement of goods across North America and around the world. Founded in 1946, PBB has expanded its core Customs brokerage operations and now provides supply chain solutions from the point of origin of goods to their point of consumption. With approximately 900 employees in over 70 strategic locations across Canada and the United States and an established global network of logistics service providers, PBB is well positioned to capitalize on the increasing demand for third party international logistics services.

For more information contact:
1-800-924-4466 ext. 3634
info@pbb.com
www.pbb.com