TRADE TECH, based in Issaquah, WA with offices located around the globe, specializes in Cloud based Supply Chain Management solutions for the international logistics industry. Trade Tech's logistics and technology experts have created world-class applications linking sales, operations and accounting processes into a single environment. These applications are proven to help streamline freight forwarders' and shippers' supply chains, cut total transportation costs, manage exceptions, deliver visibility, and provide higher levels of customer service to help you compete in today's complex logistics environment. Trade Tech also offers a full-service data entry option to support software deployment so that your company can focus on what matters most to you and your customers: expediting your cargo and supporting your customers. The combination of software and service is what distinguishes Trade Tech from other software providers.
Trade Tech ready for EU - Import Control System 2 (ICS2)
Countries in the European Union have been developing a unified approach to what they call Import Control System 2 or ICS2.
The ICS2 filing requires a complete set of Entry Summary Declaration data on goods in to or out of the EU border.
Cargo owners and Freight Forwarders/NVOCCs will be able to file through the Trade Tech system. Trade Tech has developed electronic connections to EU Customs systems.
Trade Tech is ready!
New Demurrage Invoicing Regulations in Ocean Shipping Reform Act – 2022
The Ocean Shipping Reform Act – 2022 (OSRA-2022) went into effect on June 16, 2022 and the law (not a regulation) calls for an immediate change in the way Demurrage is invoiced to the customer. The FMC is in charge of regulating and enforcing this new requirement and they have issued a formal notice to the industry that the new law went into effect on June 16 and there is NO grace period.
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