USMX Animated PDFs

2019 USMX Annual Report

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2019 UPDATE CCC Service Corp. (CCCSC) is a division of USMX and is responsible for providing essential services, such as member assessments reporting, service agreements, managed services and information technology services, for USMX and its various Master Contract trust funds. Member Assessments Reporting CCCSC is responsible for the administration of the reporting and payment of Master Contract assessments by USMX's members. CCCSC, in conjunction with the Container Royalty Central Collection Fund (CRCCF), has successfully transitioned all major carriers over to CRCCF's central collection reporting system. Currently, the receivables rate achieved by the centralized collection process stands at a respectable 34 days, four less than the 38-day target rate. Service Agreements CCCSC has established Service Agreements with the following organizations, trust funds and programs: ■ Management-ILA Managed Healthcare (MILA) Trust Fund ■ Carrier-ILA Container Freight Station (CFS) Trust Fund ■ Carrier-ILA Container Royalty (CR4) Trust Fund ■ Carrier-ILA Container Royalty 5 (CR5) Trust Fund ■ Container Royalty Central Collection Fund (CRCCF) ■ Shipping Industry Mutual Assurance Association Limited (SIMAS) ■ New York Shipping Association Port of Discovery (NYSA POD) Program ■ USMX-ILA Money Purchase Fund & Plan (MPP) Managed Services Provider CCCSC provides payroll, general accounting and fi- nancial reporting services for itself, USMX, CRCCF, CFS, CR5, CRF and MPP along with IT administration for itself, USMX and CRCCF. In 2019, the IT group developed, tested and deployed three major release updates for the CRCCF application, and also developed numerous internal reports to assist in analyzing and monitoring the day-to-day operations. Personnel In April of 2019, Maria Ouzounis was hired as Manager of Assessment Reporting & Collections. Notable Accomplishments CCCSC has maintained long-term success with regard to headcount productivity and financial management: ■ Headcount productivity continues to increase; there has been staff reduction of two over the last nine years, with tonnage increasing 48% over the same time period ■ USMX/CCCSC financial results continue to meet or exceed budget guidelines by nearly 10%, while maintaining the USMX operational assessment at $.04 per ton since 1/1/16 ■ A Fraud Protection Program has been instituted with all our bank accounts (USMX, CCCSC, CRCCF and all the Container Royalty Funds) ■ Desktop management services previously handled in-house were outsourced at a lesser cost ■ Expansion of the USMX in-house conference room was supervised by CCCSC C C C S E RV I C E C O R P O R AT I O N 72 USMX 2019 ANNUAL REPORT Anthony Dalonges President Joseph Marino Controller Richard Glogowski Assistant Controller Nigel Jenkins Application Developer Emma Roginskaya Service Desk Coordinator Kelly Ryan Executive Assistant Maria Ouzounis Manager, Assessment Reporting & Collections Diane Trapp AR/AP Specialist Naum Samardin Desktop Support Andrew Heo IT Manager

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