ModusLink Global Solutions™ Inc. (NASDAQ: MLNK) announced it has received Authorized Economic Operator (AEO) security certifications for its Solution Centers in Kildare, Ireland; Apeldoorn, The Netherlands and Brno, Czech Republic. The World Customs Organization, which oversees AEO guidelines, currently represents 178 member countries in developing global standards for customs procedures and enforcement, supply chain security, and many other trade-related initiatives. Additionally, ModusLink is an active and certified participant in the U.S-based C-TPAT initiative, a voluntary program administered by U.S. Customs and Border Protection aimed at improving the security of supply chains operating throughout North America.
Both AEO and C-TPAT certified statuses ensure the recipient has met strict guidelines for its customs and port-related operations in the areas of security standards, safety and record keeping and allows the recipient to streamline customs and shipping activities. For ModusLink’s clients, this means peace of mind that their shipments are safe and secure and it means a quicker time to market for their products.
“Managing the security of international shipments is a growing concern and can be an exceptionally difficult undertaking, especially with differing standards and procedures among various ports and countries,” said Tom Nightingale, president, sales and marketing, ModusLink. “AEO and C-TPAT certifications let our clients know their shipments are safe and secure from loading at the origination point to final delivery at their customer’s location. We feel it’s important to promote these integrated, multi-national standards as more widespread adoption only increases overall security in the industry.”
“When it comes to high-value tech products, selecting a third-party logistics provider with tier-one security capabilities and procedures is a significant requirement,” said Evan Armstrong, president of the research firm Armstrong and Associates. “We have had the opportunity to review many of ModusLink’s global operations and its operational competence and security procedures are second to none.”Additional Resources
- Read Value Unchained for more on AEO and C-TPAT
- Learn more about the World Customs Organization
- Information on C-TPAT
- Visit supply chain analyst firm Armstrong & Associates
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV