DDC Concludes Agreement with TransGuardian to Provide Members with Secure Shipping Services and Credit Risk Insurance
Summary
The software includes the largest array of carrier and shipping options ever offered to this industry and a module that allows members to track the movement of packages pro-actively.“Our goal is to provide a seamless service, by which DDC members, wherever they are located, can do business with all clients and suppliers, assured that that their transactions are secure and that their goods will arrive safely and on time.” ### Los Angeles, CA, May 05, 2011 --( PR.com )-- The Diamond Dealers Club (DDC) of New York has concluded an agreement with TransGuardian , a high-security shipping and logistics company specializing in the jewelry and gemstone industry, which will result in DDC members being able to ship packages of diamonds and jewelry at preferred rates, using what has been called a Concierge Shipping Service.The software includes the largest array of carrier and shipping options ever offered to this industry and a module that allows members to track the movement of packages pro-actively.TransGuardian is a Business Alliance Partner of the US Postal Service.According to TransGuardian, the DDC Concierge Shipping Service will provide savings of an average of 30 percent or more on insured freight rates worldwide, DDC members will be able to insure shipments for up to $150,000 per package worldwide using TransGuardian’s Wells Fargo Insurance Policy.TransGuardian will also provide a means of managing return shipments from web traders to the DDC, as well as return shipments between web traders and the Gemological Institute of America, as well as other gem labs.This will include online Restricted Person Screening , by which all transactions occurring within the system will be checked against worldwide governmental anti-money laundering and anti-terrorism check lists.“This new set of member services is an important step in our program to expand the range of facilities being offered by the DDC to the American diamond and jewelry trades,” said Moshe Mosbacher, DDC president.