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World events are leading to structural changes in the way air freight and
containerized ocean freight will be handled. These changes are projected to
result in additional time lost in the supply chain as well as additional
expense.
FastShip, by contrast, will be a state of the art, secure logistics network
for customers and the government. Our closed-loop system and dedicated terminals
allow for much tighter and more efficient security procedures than is in place
at traditional terminals.
FastShip will readily meet the expected future security requirements established
by U.S. and European governments because of the following features of our
system:
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Greenfield terminals where FastShip will be the sole user and able
to control security and enforcement processes. We can build to suit
the new requirements.
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FastShip's closed loop network, similar to the integrators, will
give FastShip much greater control over the door-to-door flow as the
processes are fluid and planned, in contrast with the ocean carriers
where freight is accumulated and then sits awaiting the next move.
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Lack of legacy systems means that FastShip can easily design security
requirements into its network and achieve 100% visibility of the
freight in transit.
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A high proportion of our customers will be repetitive users and large
volumes will be intra-company—making it easier for us to meet "know
the customer" security mandates.
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