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Failure to do so would result in extreme inaccuracies in inventory management and additional delays throughout shipping processes. As seen recently with additional sanctions levied against NorthKorea and other countries, a change in politics may result in the cutoff of critical supply chain functions.
In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to NorthKorea. But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” Treasury Department.
In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, NorthKorea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Shipping delays. For some Americans, the holiday comes and goes without them even noticing.
The kids are back at school, we have air conditioning again, and NorthKorea tested a nuclear bomb yesterday. “If According to the press release, clients using MercuryGate can now access ShipCSX, CSX’s online booking tool, via their transportation management system to plan, ship and pay for intermodal shipments.
The US will, for example, prohibit companies from doing business with companies in NorthKorea. If GTS goes down, a high proportion of their shipments will not be shipped (some domestic shipments with uncritical products or customers do ship). GTS is a core application for this shipper.
State Department responded to the media reports by blacklisting Thailand – essentially placing constraints on Thai trade similar to those placed on NorthKorea. The revelations forced the U.S. Implications for the Seafood Sector.
Chinese New Year shutdowns Every year factories in China (and other countries that celebrate the Lunar New Year, such as Indonesia, Malaysia, NorthKorea, Singapore, South Korea, Vietnam, and Brunei) shut down so that their workers can celebrate Chinese New Year. In 2024, this will be from February 9-15.
Every year factories in China (and other countries that celebrate the Lunar New Year such as Indonesia, Malaysia, NorthKorea, Singapore, South Korea, Vietnam, and Brunei) shutdown so that their workers can celebrate Chinese New Year. Delayed shipping. Account for shipping backlogs. No contact.
Tom: We always have to keep an eye on NorthKorea. I lived in Seoul, Korea, for almost four years. Even back in 2008, NorthKorea was shooting missiles into the Sea of Japan, and that has not really changed. This is now impacting the Suez Canal and causing ships to reroute.
And Im currently unaware of any foreign threat actors that aren’t using the supply chain as a vector Iran, Russia, NorthKorea, and China have all made extensive use of this mechanism. The other 50% of attacks just couldnt be attributed.
South Korea is in eastern Asia in the southern half of the Korean Peninsula. It is bordered by NorthKorea, the Sea of Japan and the Yellow Sea. Although it has been an independent kingdom for much of its history, the 20 th and 21 st centuries were tumultuous for South Korea. Manufacturing in South Korea.
Russia, Iran, NorthKorea, and ISIS : Call them “The Unpredictables” (you can probably add China to the mix too). planes and ships ); Iran and NorthKorea and their nuclear ambitions; ISIS exporting its brand of terrorism around the world; and China building islands in the South China Sea (and reportedly putting weapons on them ).
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