For
Immediate Release
PBB
to Join C-TPAT Program
New Program Offers Reduced Delays and Enhanced
Supply Chain Security
Fort
Erie, Ontario - October 18, 2002 -
PBB Global Logistics has filed with
the U.S. Customs service to participate
in the Customs-Trade Partnership Against
Terrorism (C-TPAT). This new voluntary
program was recently introduced by
U.S. Customs to combat terrorism by
encouraging businesses to review their
entire supply chain and adopt practices
to enhance security.
Under
C-TPAT, participants such as importers, carriers,
brokers, warehouse operators and manufacturers
must conduct a comprehensive self-assessment
of security practices throughout their supply
chain. By actively participating in C-TPAT,
participants can experience several major
benefits including reduced inspections and
border delays as well as other advantages
such as eligibility for account-based processes
and the assignment of an account manager.
C-TPAT
is one of many new initiatives currently
facing cross-border shippers including Free
and Secure Trade, Partners in Protection
and the Container Security Initiative. This
fall, PBB held a series of a comprehensive
executive briefings to explain the impact
of these upcoming changes to importers and
help companies better understand pressing
issues on both sides of the border.
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 and freight operations and now
provides supply chain solutions from the
point of origin of goods to the point of
consumption. With approximately 900 employees
in over 70 strategic locations throughout
North America and an established global network
of logistics service providers, PBB has the
technology, expertise, and infrastructure
to meet every supply chain need. PBB Global
Logistics is a wholly owned subsidiary of
PBB Global Logistics Income Fund with units
trading on the Toronto Stock Exchange under
the symbol PBB.UN.
For
more information contact:
1-800-924-4466 ext. 3634
info@pbb.com
www.pbb.com
|
