INNOVATIVE TRADE NETWORK Consortium Formed to Enhance Global Trade Security, Economics.Business Editors/High-Tech Writers WASHINGTON--(BUSINESS WIRE)--May 13, 2003 Nine companies with expertise in transportation, technology and supply chain industries today announce the formation of the INNOVATIVE TRADE NETWORK (ITN ITN n abbr (Brit) (= Independent Television News) → chaîne de télévision commerciale ITN (Brit) n abbr (TV) (= Independent Television News) → ), a team of specialists from: BV Solutions Group, a division of Black & Veatch Corp.; Calspan UB Research Center Inc.; Cargill Cargill, Incorporated is a privately held, multinational corporation, and is based in the state of Minnesota in the United States. It was founded in 1865, and has grown into the world's second largest privately held corporation (in terms of revenue). , Incorporated; Cotecna Inc.; FreightDesk Technologies Inc.; Honeywell In 1927, the Minneapolis Honeywell Regulator Company was formed as a merger of Alfred Butz' temperature control company (1885) and Mark Honeywell's water heater company (1906). In 1957, Honeywell, along with Ratheon, introduced one of the first computers in the U.S., the Datamatic 1000. ; Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. ; TransCore; and Veridian Defunct US Defense Company Veridian was the name of a publicly traded company operating primarily in the defense industry. Veridian acquired ERIM International, a for-profit spin-off of the Environmental Research Institute of Michigan, in 1999. . The companies have joined together to assess techniques for global trade supply chain security enhancements, ensuring that the logistics logistics In military science, all the activities of armed-force units in support of combat units, including transport, supply, communications, and medical aid. The term, first used by Henri Jomini, Alfred Thayer Mahan, and others, was adopted by the U.S. industry concentrates on best business practices to improve transportation security and economics, rather than focusing on specific technologies. These practices would have global applications, including the oversight
Oversight may refer to:
(2) A data structure that holds one or more different types of data. See metafile and OLE. shipments coming into the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Members of the ITN will present their recommendations for facilitating international trade at the United Nations Economic Commission for Europe The United Nations Economic Commission for Europe (UNECE or ECE) was established in 1947 to encourage economic cooperation among its member States. It is one of five regional commissions under the administrative direction of United Nations headquarters. Forum to be held in Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , Switzerland Switzerland (swĭt`sərlənd), Fr. Suisse, Ger. Schweiz, Ital. Svizzera, officially Swiss Confederation, federal republic (2005 est. pop. 7,489,000), 15,941 sq mi (41,287 sq km), central Europe. on May 15, 2003. With millions of trade shipments entering the United States each year, government and industry leaders recognize the potential risks in the current environment. Establishing safeguards is clearly essential to hinder hin·der 1 v. hin·dered, hin·der·ing, hin·ders v.tr. 1. To be or get in the way of. 2. To obstruct or delay the progress of. v.intr. the use of the global supply chain as an illegitimate ILLEGITIMATE. That which is contrary to law; it is usually applied to children born out of lawful wedlock. A bastard is sometimes called an illegitimate child. conduit conduit /con·du·it/ (kon´doo-it) channel. ileal conduit the surgical anastomosis of the ureters to one end of a detached segment of ileum, the other end being used to form a stoma on the for chemical, biological, nuclear or other weapons of mass destruction Weapons that are capable of a high order of destruction and/or of being used in such a manner as to destroy large numbers of people. Weapons of mass destruction can be high explosives or nuclear, biological, chemical, and radiological weapons, but exclude the means of transporting or . These safeguards must not only secure the flow of goods, they must also enhance the flow through ports and across borders. Together, the companies of ITN will work internationally with governments, agencies and industry partners to create global supply chain systems - from manufacturer, to ports of entry, to consumers - that focus on sound business models which facilitate trade and serve as catalysts for improved security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising" security . "The key is to look at the comprehensive business model," said Dean Kothmann, ITN spokesman and BV Solutions Group Chief Development Officer. "ITN's objective is to create the infrastructure and business model to allow all nations, ports, technology providers, and logistics providers to play on a level playing field See net neutrality. that improves economics while addressing security issues associated with commercial shipping." The roles and responsibilities for the nine founding companies that comprise To embrace, cover, or include; to confine within; to consist of. In the law governing patents—grants of an exclusive right or privilege to make, use, or sell an invention or product for a term of years—the term comprise the ITN are:
BV Solutions Group Inc., a subsidiary of Black & Veatch Corp.
ranked 78th on the Forbes "500 Largest Private Companies in the
U.S." list, is a leading program manager and designer of
engineering and operation information systems and processes. BV
will provide overall program management, project controls,
schedule, cost management, scope management, system architecture
design, and data clearinghouse services. Based in Overland Park,
Kan., the company provides IT services to Fortune 1,000 clients.
Black & Veatch Corp. is a leading global engineering, construction
and consulting company specializing in infrastructure development
in the fields of energy, water and information. Visit www.bvsg.com
and www.bv.com
Cargill, Incorporated is an international marketer, processor and
distributor of agricultural, food, financial and industrial
products and services with 97,000 employees in 59 countries. Based
in Minneapolis, the company provides distinctive customer
solutions in supply chain management, food applications, and
health and nutrition. Given its recognized expertise in global
trading and supply chain logistics management, Cargill will offer
project management, food security and tracking, IT systems and
support services. Visit www.cargill.com.
Cotecna Inc., based in Washington D.C. and a member of the Cotecna
Group of Geneva, Switzerland, is a recognized world reference in
the facilitation of a secured flow of goods from market to market
(M2M) and has developed a range of innovative trade management
tools designed to ensure compliance with national and
international standards. Cotecna will serve as a trade lane
provider and offer project management, container validation,
shipment load overview and audit, sealing of container, tracking
up to loading and shipping, satellite tracking, digital
photography and x-ray scanning, as well as collecting, treating
and formatting all data from empty container inspection up to
container loading and shipping. The Cotecna Group has 4,000
personnel in 150 offices in 100 countries worldwide. Visit
www.cotecna.com.
Calspan UB Research Center Inc. (CUBRC) is a diverse research,
development, engineering and testing company focused on providing
defense, intelligence, transportation and homeland security
solutions. Based in Buffalo, N.Y., CUBRC is an independent,
not-for-profit corporation jointly formed by Veridian and the
State University of New York at Buffalo. Veridian (NYSE: VNX)
provides information-based systems, integrated solutions and
services to the U.S. government, focusing on mission-critical
national security programs. Veridian operates at more than 50
locations, and employs over 7,300 professionals. The company's
annual revenues are approximately $1 billion. Visit
www.veridian.com. CUBRC and Veridian, as strategic partners, will
offer data profiling of containers including data warehouse design
and development, data mining and knowledge discovery, and decision
support tools for analytics and visualization; trade lane threat
and vulnerability assessment for weapons of mass destruction and
other threats.
FreightDesk Technologies Inc. provides Internet-native software
solutions to industry and government for controlling international
logistics data and end-to-end processes for cargo moving by
parcel, air, road, rail, and sea. FreightDesk will implement the
technical architecture and software to manage the flow of
information into and from the clearinghouse, and create discreet
technical environments to facilitate information access necessary
for profiling and reporting by and to appropriate stakeholders.
Visit www.freightdesk.com.
Honeywell (NYSE: HON), a Dow Jones Industrial Average company,
employs approximately 100,000 people in 95 countries. Based in
Morris Township, N.J., Honeywell is a diversified technology and
manufacturing leader of aerospace products and services; control
technologies for buildings, homes, and industry; automotive
products; power generation systems; specialty chemicals; fibers;
plastics and advanced materials. Honeywell will provide project
management, serve as a trade lane provider, offer port management
software and services, cyber security and security tools such as
cameras and video analysis software. Visit www.honeywell.com.
Lockheed Martin is a world leader in advanced technology systems
integration for defense, government IT, and homeland security.
Developers of the Global Transportation Network (GTN), the
Department of Defense's primary system for logistics and supply
chain management, Lockheed Martin brings unparalleled expertise in
transportation and logistics systems integration and security. GTN
provides in-transit visibility for 6 million shipments per day
across the globe with a secure, web-based system that has saved
the DoD an estimated $2 billion. Headquartered in Bethesda, Md.,
the corporation employs 125,000 people worldwide and reported
sales surpassing $26 billion in 2002. Visit
www.lockheedmartin.com.
TransCore specializes in intelligent transportation systems with
installations in more than 39 countries and a heritage that links
to the invention of wireless radio frequency identification (RFID)
technology at Los Alamos National Laboratory. TransCore is a
privately held transportation services company with 1,700
employees and more than 80 locations throughout the world with
research, development and manufacturing facilities located in
Albuquerque, N.M. TransCore will provide project management and
integration for systems to seal and track containers; serve as a
trade lane provider; identify technology; install and maintain
track and seal infrastructure; identify and provide all data from
infrastructure, transfer data, to clearinghouse; and act as a
trusted agent transmitting data. Visit www.transcore.com.
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