Menlo Worldwide Asia Pacific Granted Secure Trade Partnership (STP) by Singapore Customs

Menlo Worldwide Asia Pacific Pte Ltd., the global logistics subsidiary of Con-way Inc. (NYSE: CNW), today announced it has achieved Secure Trade Partnership (STP) from Singapore Customs. A voluntary program, STP is consistent with the World Customs Organization (WCO) SAFE Framework of Standards and serves to secure and facilitate global trade. Menlo is one of only 75 companies that have been certified under the STP program since the program’s inception in 2007.
 
Menlo initiated the STP process in April 2011 and subsequently underwent several series of facility audits and procedural validations performed by Singapore Customs. To achieve STP endorsement, Menlo was required to have security management systems in place, conduct risk assessments of their business operations and implement security measures in eight key areas: premises and access controls, personnel, business partners, cargo, conveyance, information and IT, incident management and investigations, and crisis management and incident recovery. 
“STP indicates to our customers and to the government of Singapore that we take the adoption and implementation of security measures seriously and are committed to adhering to security best practices across the entire supply chain,” said Desmond Chan, managing director, South Asia, Menlo Worldwide Logistics. “Our security and operations teams in Singapore worked diligently over many months to reach this important milestone and I thank them for their dedication and commitment. This is a well-deserved accomplishment and one in which we are prepared to lend our ongoing support long into the future.”
 
As an STP-certified company, Menlo brings increased visibility and greater efficiency into its supply chain. Additionally, the company benefits from:
 
• An enhanced reputation as a low-risk company 
• Reduced inspection or expedited clearance into and/or out of Singapore 
• Designated account managers
• Trade facilitation benefits such as bank guarantee reduction
• Automatic recognition as a known consignor (KC) under the Regulated Air Cargo Agent Regime (RCAR)
 
“Having worked closely with the Menlo team in South Asia over the past six months, I’ve seen firsthand the importance they place on supply chain security  as evidenced from the strong support from the highest levels of management,” said Jeffrey Ho, account manager, Singapore Customs. “I congratulate Menlo Worldwide for this excellent achievement and look forward to continued collaboration with Menlo as a trusted partner of Singapore Customs.”   

Source: Menlo Worldwide