Outsourced Logistics

Trade Tech’s Importer Security Filing Program Making Inroads in Asia

Bellevue, WA-based 10+2 Service Provider Credits Robust Software, Customer Education

BELLEVUE, Washington – Trade Tech, a major supplier of web-based supply chain and transportation applications and service solutions, announced today that its Trade Manager product with Importer Security Filing (ISF) capability has been adopted by over 125 companies internationally who are, in turn, providing Trade Tech’s state-of-the-art technology to their own customers. The early adoption of ISF technology has been especially apparent in Asia, home to many of the world’s top freight forwarders, shippers and non-vessel-operating common carriers (NVOCCs).

The Importer Security Filing is also referred to as “10+2” for the ten data elements that must be filed by importers, and the two required from ocean carriers, before goods being shipped to the United States can be cleared by U.S. Customs and Border Protection. The interim final rule is being phased in through a one-year voluntary compliance period which began on January 26, 2009. All importers will be required to file Importer Security Filings for their goods starting on January 26, 2010 or risk heavy fines.

“Our 10+2 success in Asia is a testament to their belief that the ISF challenge is best met at origin,” said Trade Tech’s CEO Bryn Heimbeck. “While many customs brokers are attempting to file their 10+2 documents from the United States, many of the data elements are available only at origin, such as the container stuffing location. Customs brokers in the United States have also adopted Trade Tech’s 10+2 technology in order to simplify the process of capturing origin-based data for importers who work directly with shippers overseas.”

Trade Tech’s list of 10+2 customers in Asia includes Brighten Freight Inc.; China International Freight Co., Ltd.; Scanwell Logistics (HK) Ltd.; Simba Logistics (HK) Ltd.; M+R Spedag Group; T.H.I Group Ltd.; JHJ International Transportation Co. Ltd.; and CTS International Transportation Co. Ltd., to name a few.

“Our diverse client base is a result of Trade Tech’s vision in developing 10+2-related solutions, and to our customers’ forward-thinking ways of doing business,” says Heimbeck, a twenty-year veteran of the transportation and logistics industry. “We developed Trade Tech’s 10+2 reporting capability to service every type of customer from large customs brokers to small and medium-sized firms; and from those who were able to do all of the filing themselves with the help of our software to those who wanted a full-service product that included data entry services. We fully expect to see the number of 10+2 filings increase every month as we move closer to the mandatory compliance deadline of January 26, 2010.”

Trade Tech’s 10+2 offerings include an Internet-based reporting system with a link to U.S. Customs and Border Protection for full supply chain visibility, as well as a full-service option with support staff available for data entry.

Trade Tech’s comprehensive Trade Manager product includes a full accounting program, a purchase order management system, and shipment scheduling capabilities – down to the ability to look up specific shipping companies’ sailing schedules on a real-time basis. The product is backed up by a full customer service staff located in all of the major European and Asian port cities, as well as at Trade Tech’s world headquarters in Bellevue, WA.

For more information on Trade Manager and Trade Tech’s 10+2 offerings, contact Trade Tech via the company website: http://www.tradetech.net.

About Trade Tech:

Trade Tech is an Internet-based supply chain and transportation solutions company owned and operated by industry professionals. Trade Tech is an Application Service Provider (ASP), which licenses and delivers applications in seven key areas, including:

 10+2 Rule Solution Provider

 Cost optimization / Pricing

 Transportation Management

 Supply chain / Purchase order visibility (tracking and tracing)

 Sales / Operations

 Accounting

 AMS/ACI and security related to ocean and air transportation, including all Cargo Security Filing requirements.

Founded in 1997, Trade Tech’s applications help link shippers, importers, Customs House Brokers, consignees, NVOCCs, carriers, truckers, warehouses and forwarders, so that everyone in the community has visibility to the movement of goods throughout the supply chain. Trade Tech clients have access to applications and data anywhere in the world, and receive the latest versions of the applications every time they log on to the Trade Tech network – there are no software downloads required.

Trade Tech has been providing a full-service solution for AMS to its NVOCC customers since the inception of the 24 Hour Rule. Trade Tech currently services over 350 NVOCC customers through its overseas customer service and data input centers.