Quova's patented technology
provides
the geographic location of Web site visitors in real time, enabling
businesses to manage digital
rights, target content, detect fraud, conduct
site analysis and ensure regulatory compliance.quova
.
Odyssey Logistics + Technology Subsidiary Expands Logistics Management Capabilities with International
Forwarding Platform
"If any
of these components are missing or deficient, achieving operational
excellence is very difficult or impossible.
"Internet technology now presents an opportunity for
paperless export
transactions and Web-based forwarding systems to streamline and
automate the
freight-forwarding process to an unprecedented degree. For example, a
U.exports import
S. factoring
companies
that fund international receivables? Some factoring companies offer
international receivable finance
in the U.duties exports
NextLinx prestigious list of customers includes: Boeing, FedEx, UPS, Cisco
Systems
, Fairchild Semiconductor, Rockwell Automation, Sotheby's, Panasonic
and VF Corporation.
Founded
in January 2000, Quova, Inc. Odyssey's International Forwarding
Platform complements the people and
process expertise it already
possesses, particularly from its acquisition of Nordstrom Freighting
. Customs brokers help importers and exporters comply with the laws and procedures.
freight leon
Quova NextLinx Partner
to Enhance Global Trade Compliance
This is especially true in
global trade management operations
.
Economic indicators reveal that Mexico is currently experiencing an
economic rebound.
This
requirement is difficult for a company to comply with if its export sales
are expected to exceed
domestic sales. Since it involves more risk, service companies
usually do not have the assets (such
as inventory, real estate or equipment)
to pledge as additional collateral., Canada, and
the UK
, 1st Commercial Credit offers export trade finance to clients in every
major world market and can
convert receivable finance transactions in 17
currencies.cateogory exporters
Geolocation to Help Protect International
Importers/Exporters From Costly
Regulatory Violations
MOUNTAIN
VIEW, Calif.nextlinx. For example, carriers, shippers and consignees can be
notified of an
event that may be of specific interest, such as
vessel departure or arrival.
ERP Integration
Capabilities: By integrating data directly
from the customer's ERP system, Odyssey reduces
data entry and
provides reliable freight-forwarding execution to its
customers.
The Odyssey team of chemical engineers and logisticians brings
unparalleled expertise to the logistics
supply chain in all modes of
transport.
companies by providing receivable-based funding during
these uneven sales
patterns and long-term collection periods.importers cateogory
Quova can be reached at
650-528
-3700 and on the Web at http://www.com
S.S.exports intergovernmental
, Quova,
Inc."
"Screening your partners
, suppliers and customers is a must for today's
global corporation to remain competitive, reduce risk
and maintain regulatory
compliance," said Rajiv Uppal, founder, president and CEO of NextLinx
Corporation
. NextLinx software and Web services solutions combine
global trade business rules and country-specific
trade data, consisting of
denied party lists, landed cost components, import and export controls
, and
customs duties and documentation, to help companies reduce the risks and costs
associated
with importing and exporting goods across international borders.
Paperless Document Distribution:
The system generates standard
and custom export documents in an electronic format, allowing
documents to be reviewed in real-time over the Web.
Automated Export System (AES) Integration:
Odyssey's AES
certification helps customers comply with government
regulations that
require virtually all U. manufacturers that specialize in exporting to the Mexican market are
anticipating
spikes in equipment orders that may result in negative cash
balances on their financial statements
.T.Customs are the duties, tolls, and imposts imposed by a government on imports or exports.
importers intergovernmental
com. It drives
a
substantial level of operational improvement, with the ability to
exchange "paperless" documents
over the Internet and provide timely
notification of exceptions in the forwarding process.S. A U
.1stcommercialcredit.imports wco
The
NextLinx, Quova partnership will provide the market with a higher level
of
fraud protection, enabling companies worldwide to avoid costly regulatory
violations and ensure
legitimate customer transactions.
The offering of open credit terms in Mexico has reached an all
time high and
is expected to continue to grow.2%.S. based company, importing a product from France
may deliver directly to
customers in Canada, Mexico, and Brazil.exporters duties
"NextLinx is setting the standard
for global trade compliance, and
Quova's geolocation will help raise that standard even higher by
enabling
companies to know where their online customers really are.
About Quova, Inc.
com.
odysseylogistics."
What makes this financial service different from other U.tolls freight
"We are thrilled to align with Quova to offer our joint
customers the ability to verify their customers
' geographic locations in
real-time coupled with our restricted party screening capability.S. Based
Manufacturers, Distributors and Service Providers Can Now Easily
Finance Accounts
Receivables in Mexico
EL PASO, Texas, 1st Commercial Credit Corporation
announces the
expansion of their accounts receivable financial services to
Mexico. manufacturers and exporters
are
staying competitive by offering attractive credit terms to Mexican importers.exporters comply
This puts
clients
at a competitive advantage because most exporters require letters of
credit or extend only up to
60-day payment terms.
Besides offering accounts receivable financing in the U.
For
more information:
http://www.com
intergovernmental cleared
Regulatory violations, even
inadvertent, can
result in trade sanctions, fines or imprisonment of
executives. This is a timely
partnership with
tremendous potential for Quova, NextLinx and the global
enterprises we work with.
Permission
-based access ensures control over the process,
allowing only approved users to view documents
. The
system collects in-transit status messages from carriers and
provides up-to
-date shipment details to all authorized users.
Web-Based Reporting: The Web-based reporting tool
allows
Odyssey and customers to monitor forwarding activities and
carrier performance
.
For more information, visit www.S. We are well
positioned (with the best institutional providers
) to handle credit analysis,
process due diligence and provide the technological infrastructure to
expedite
funding to our clients in a timely manner.S. Financing
service-related industries in
the U.leon importers
and ROCKVILLE, Md. is the leading provider of
geolocation services to online businesses.
Expanding
its leadership position in freight-forwarding services,
Odyssey International saves time and money
by providing increased
visibility and automation while improving collaboration between
shippers
, consignees and carriers via the Internet.
Exporters who adopt our approach will achieve significant
cost savings
and competitive advantage. Service related industries will also benefit because this
financial program can provide payroll funding and still offer credit terms to
international clients
. but require the client to factor
domestic receivables to balance their risk factor. Each customer
is billed in local
currency and funding is complete within 72 hours (with verification of
delivery
and acceptance by the account debtor).
In addition to traditional export financing (which involves
a manufacturer
or a distributor that exports tangible products), 1st Commercial Credit can
provide
receivable based financing for U.delivered duties
For additional information, please visit us at
http://www.
A
first-of-its-kind system for Odyssey's international
freight-forwarding customers, the International
Forwarding Platform
tracks the entire forwarding process from initial export order through
the
final receipt of goods, invoicing and payment. Customer-specific reports are generated
on
demand or on a periodic basis. Odyssey enables its customers to outsource any part of
the management
and transportation of their raw materials and finished
goods, helping these companies save money
through reduced
transportation and infrastructure costs, measurable customer service
and process
improvements, and enhanced data quality and management. The Odyssey Global Logistics Platform is a first
-of-its
kind transportation management infrastructure that serves as the
technology backbone to
its service offering.dover marais
"With a combined 450 years of experience in transportation,
logistics
, process, chemical and information technology development
and deployment, Odyssey knows how to support
the logistics needs
associated with global transportation," said Michael Sadowski, vice
president
of applications strategy and development for Odyssey."
About Odyssey Logistics + Technology
Odyssey
Logistics + Technology provides global logistics
management services to the chemical industry and
other process
manufacturers. company selling large ticket
items can offer 12-18-24 month payment
terms to their customers. consultants and engineers. Companies that offer customs services, but are
primarily involved in freight forwarding, are listed in the Freight Forwarding cateogory.
leon customs
NextLinx
Restricted Party Screening identifies whether a party to a
shipment has been placed on any official
denied persons or illegal
transshipper list, blocked from import or export transactions, or sanctioned
by a government for illegal acts such as child or convict labor violations.
Business Editors
/Logistics + Transportation Writers
DANBURY, Conn. 1st Commercial Credit can help U.S. businesses
selling on credit terms to Mexican
companies without generating liabilities or other indebtedness
on their
balance sheets. 1st Commercial Credit can facilitate
100% of foreign receivable (non
-recourse) financing with credit protection on
a per transaction basis.
1st Commercial Credit
's financial program is non-restrictive to the origin
of the products, which may be drop-shipped from
any country.clearance dover
Seamless Event Management: Enabling a focus on timely and
flawless execution
, the system automatically sends e-mail
notifications to the appropriate parties, informing
them of
key events or exceptions that may occur throughout the
process. In the
past, a Letter of Credit or cash in advance was required to
meet traditional payment terms.leon imposed
"Executing global business in today's security-conscious world is all
about knowing your customer
," said Marie Alexander, president and CEO of
Quova.
NOTE: Quova, the Quova logo and GeoPoint
are registered service marks
and/or trademarks of Quova, Inc. This service provides instant
working
capital for U. is a fairly new practice (first offered
by non-traditional factors).dover leon
, the world's
leading provider and developer of web geography services and
technologies, and NextLinx Corporation
, the leading provider of global trade
content and management solutions, today announced a strategic
partnership to
help global trade companies comply with regulations against trading with
restricted
parties -- embargoed countries, terrorist organizations or other
sanctioned customers.
NextLinx
will offer Quova's patented GeoPoint geolocation solution, which
identifies the geographic location
of Internet users in real time, in
conjunction with the NextLinx Restricted Party Screening (RPS
) Engine to help
importers and exporters determine whether they are transacting with an
illegal
, blocked or sanctioned customer.----
Web-Based System Streamlines and Automates the International
Freight-Forwarding Process to Drive More Accurate Export Execution,
Real-Time
Visibility and Cost Savings
Odyssey International, a wholly owned subsidiary of Odyssey
Logistics
+ Technology Corporation, a provider of global
transportation and logistics services for process
manufacturers, today
announced the release of its patent-pending Web-based
freight-forwarding
solution that puts information regarding
international shipping and logistics at the user's fingertips
.
Forwarding Process and In-Transit Visibility: Throughout the
forwarding process, Odyssey
, its customers and their business
partners can access the system through an encrypted Web
browser connection to check the status of their orders. The average collection period was
90 days on
an average net 60-day credit term agreement.
According to the latest survey provided
by the Organization for Economic Co-
operation and Development (OECD), in 2006, Mexico's economy
is expected to
grow by 4%.
According to Raul Esqueda, president of 1st Commercial Credit:
"We are
proud to announce the expansion of our services to Mexico. Usually, they will not
allow
the value of the foreign receivables to exceed the domestic receivables. This financial product will
usually
encumber the international receivables.exporters delivered
A privately owned
company with investments from
Mobius Venture Capital, IDG Ventures, Nexus
Group, Schoffstall Ventures and Fidelity Ventures, Quova
is headquartered at
333 West Evelyn Avenue, Mountain View, California 94041, with European
headquarters
in Amsterdam, The Netherlands.
U.S.intergovernmental warwickshire
About NextLinx
NextLinx Corporation is
the leading provider of global trade content and
management solutions.
"The ability to integrate
people, processes and technology is at
the heart of every successful organization," said Adrian Gonzalez
,
director, Logistics Executive Council for ARC Advisory Group. exports be
declared electronically
to the AES system operated by U. Odyssey International is
a licensed export freight forwarder and
wholly owned subsidiary of
Odyssey Logistics + Technology, managing exports to more than 80
countries
. U. It is important for a business to keep existing credit lines
liquid for future growth and inventory
fulfillment. service providers including (but
not limited to) staffing companies, I.wco intergovernmental
S.
Customs and Border Protection. The company is backed by investors Trident Capital,
LogiSpring, Boston
Millennia Partners, CMEA Ventures and RRE Ventures. Due to global competition and new methods to
capture
market share in the region, U.S.S.
import cateogory
Quova's 180+ customers and
partners include industry leaders
such as Major League Baseball Advanced
Media, Bell Canada, Cisco Systems, ABSOLUT Vodka, HPshopping
, VeriSign, 24/7
Real Media, IBM SurfAid, Times Online and Sky Sports.1st Commercial Credit Expands
Receivable Financing to Mexico
Inflation continues to fall and the Mexican government
announced
that in 2005, spending in machinery and equipment rose to 10. Our international
financial service
is an alternative way to tap into working capital by using
foreign receivables as collateral without
encumbering domestic receivables or
other collateral.
1st Commercial Credit offers products
that can accommodate attractive
payment terms for large equipment orders. This category is for sites
about customs and businesses focused primarily on providing customs services.
importers exporters
"
About Odyssey
International Forwarding
Features of Odyssey's platform include paperless document
distribution
, Automated Export System integration, forwarding process
and in-transit visibility, seamless event
management, Web-based
reporting and enterprise resource planning (ERP) integration
capabilities
.S.freight importers
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