For
Immediate Release
Fort
Erie, Ontario - March 6, 2003 -
PBB Global Logistics has established
a new working partnership with the
United States Customs Service under
its Customs-Trade Partnership Against
Terrorism program (C-TPAT).
Through
C-TPAT, PBB will work closely with the U.S.
Customs Service to enhance border security
and ensure the continued free flow of international
trade. Specifically, PBB will continue its
current efforts to secure all company operations
against possible compromise, communicate its
efforts to business partners, and maintain
a high level of compliance in all Customs related
areas.
PBB
customers will benefit from access to expedited
release programs such as FAST (Free and Secure
Trade), fewer delays at the border due to Customs
inspections and a more favorable position following
border re-openings in the event of a shutdown.
"The
participation of PBB Global Logistics, and
others from the broker and consolidator communities,
is but a first important step in what promises
to be a sustained effort to meet the challenge
posed by the terrorist threat to the United
States," said Jim Wiser, Executive Vice-President,
PBB Global Logistics. "By working with
U.S. Customs Service, PBB contributes to the
protection of the border and the facilitation
of legitimate trade."
As
a member of the C-TPAT program, PBB will participate
in anti-terrorism training seminars and best
practice sessions, and will share information
across various trade security agencies.
PBB
is also a member of the Partners in Protection
program (PIP), a voluntary program aimed at
strengthening physical security in areas of
production, transportation, importation and
exportation. C-TPAT and PIP have been spearheaded
by Customs authorities in both the U.S. and
Canada thereby demonstrating the emphasis governments
place on security at 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
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