SUPPLY CHAIN SECURITY
PREVENTATIVE & CUTTING EDGE MEASURES
Light Speed takes preventative and cutting edge measures with its supply chain security approach. We are entirely committed, as reflected in our voluntary industry partnerships and certifications including Customs Trade Partnership Against Terrorism (CTPAT) in partnership with U.S. Customs Border Protection (US CBP), and the Partners in Protection (PIP) in partnership with Canadian Border Services Agency (CBSA).
Light Speed is a dual-participant of both the gold-standard CTPAT and PIP programs.
We are committed to protect and secure the supply chain from criminal activities such as drug trafficking, terrorism, human smuggling, cyber threats, theft, and illegal contraband. We strive to maintain the highest standards of quality, integrity and security in the global supply chain space. Light Speed has a high standard of reasonable care and demonstrates this commitment through compliance with the Customs laws of the United States and with the Customs laws of Canada. We carefully screen and select our business partners – including clients and vendors – to create a more formidable stance against unethical practices and security threats.
Light Speed’s commitment to supply chain security spans all departments and areas of business. As a cross-border long-haul carrier, it is our duty to go above and beyond to safeguard the supply chain industry, to protect our business assets and to provide peace of mind to our valued clients.
•A CTPAT supply chain specialist to serve as the CBP liaison for validations, security issues, procedural updates, communication and training.
•Access to CTPAT member status through the Status Verification Interface.
•Self-policing and self-monitoring of security activities.
•CTPAT certified importers receive targeting benefits by receiving a “credit” via the CBP targeting system.
•Certified CTPAT importers are eligible to access to the FAST lanes on the Canadian and Mexican borders.
•Certified CTPAT importers are eligible for the Importer Self-Assessment Program (ISA) which results in removal from the pool for Focused Assessment.
•CTPAT members will receive up to 50% penalty mitigation for Importer Security Filing (ISF) 10+2 penalties.
•CTPAT members receive consideration for penalty mitigation for Bio-Terrorism Act related penalties.
•CTPAT certified highway carriers, on the Canadian and Mexican borders, benefit from their access to expedited cargo processing at designated FAST lanes. These carriers are eligible to receive more favorable mitigation relief from monetary penalties.
•CTPAT certified Mexican manufacturers benefit from their access to the expedited cargo processing at the designated FAST lanes.
•All certified CTPAT companies are eligible to attend CBP sponsored CTPAT conferences.
•CTPAT participants have access to the CTPAT Public Document Library Board where Customs will share best practices among CTPAT members, as well as CTPAT Partner Direct Messaging communications platform and
•CTPAT Partner Document Exchange via the CTPAT Portal.
•Validated CTPAT participants receive even fewer inspections. If your shipment is selected for examination, your container will receive priority and move to the front of the line.
•For those validated CTPAT participants who exceed the minimum security standards and employ best practices, Customs is promising a true “green lane” with no security inspections and infrequent random inspections. Containers to be inspected will move to the front of the line.
•If you have multiple containers on a bill of lading and one is selected for exam, CBP will allow the other containers to be pulled from the pier, thus saving costly demurrage charges.
•CTPAT lets importers establish a relationship with Customs without the specter of regulatory audit issues.
•CTPAT offers a unique opportunity to participate in process with government.
• Enhanced integration of purchasing, transportation, and receiving processes
• Greater supply chain integrity
• Closer relationship with business partners
• Reduced inventory cycle time due to a more efficient supply chain
• More predictable deliveries due to fewer exams
• Reduced cargo theft and pilferage
• Stronger brand name protection
• Improved asset utilization
• Greater efficiency between internal and external functions
• Improved security for their work force
• Safer, more secure working environment
• Improved marketability
• Enhanced public image
• Understanding the end to end process, including knowing each entity along the supply chain