Logistics Portal Service complies with 10+2 regulation.October 15, 2008 -
Importer Security Filing (ISF) service delivers direct 10+2 filing option to importers from origin or destination. Via LOG-NET Web-based portal services, importers, or their agents, users can file 10 importer data elements directly to US Customs to comply with 10+2 regulation. Several tiers of service support various levels of automation among importers, and service provides input on various best-of-breed processes for implementing 10+2 with minimal impact on global supply chain.
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Original Press release
LOG-NET, Inc.
230 Half Mile Road
Red Bank, NJ, 07701
USA
Importer Security Filing Service Announced By LOG-NET, Inc.
Direct 10+2 filing option available to importers from origin or destination
RED BANK, N.J., Oct. 6 -- LOG-NET, Inc., an industry leader in international web-based supply chain execution solutions, today announced the availability of their Importer Security Filing (ISF) service. Using LOG-NET's web-based portal services, importers, or their agents, can file the 10 importer data elements directly to US Customs to comply with the impending "10+2" regulation.
"We have been testing this capability and are now in a position to open the processing up to a larger audience," noted John Motley, president and CEO of LOG-NET, Inc. "Our clients and other early adapters preparing for this regulation are seeing the potential for two to five additional days of inventory in their supply chains. We want to help them avoid this by implementing seamless electronic solutions over the web."
Many importers who are concerned about the challenge of collecting the required information and transmitting this to Customs in a timely fashion have focused on processing through destination Customs Brokers. This service will enable importers to file from any location via shippers, forwarders or brokers.
LOG-NET will offer several tiers of service supporting various levels of automation among importers. The company is also providing input on various best-of-breed processes for implementing 10+2 with the smallest impact on the global supply chain.
This technological innovation will enable importers to focus on the necessary process changes needed to comply with the regulation while improving the seamlessness of their supply chain visibility.
About LOG-NET, Inc.
Founded in 1991, LOG-NET, Inc. of Red Bank, N.J. was established to provide the finest trade, transportation and logistics information systems. The company has grown from a supplier of custom logistics solutions into a developer of integrated on-demand, end-to-end (E2E) supply chain solutions and is active in more than seventy countries around the world.
LOG-NET's management and design team is comprised of individuals with outstanding technical skills and practical operating experience in international, multi-modal logistics and operations management. This in-depth understanding of trade and logistics balanced with the highest levels of technical capability is reflected throughout the company's products and services. For more information, please visit www.LOG-NET.com.
LOG-NET is a registered trademark of LOG-NET, Inc. All trademarks and registered trademarks contained herein remain the property of their respective companies.
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