USMX Animated PDFs

2022 USMX Annual Report

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UMAX Port Association Members 7 0 U S M X 2 0 2 2 A N N U A L R E P O R T 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 41 days, three higher than the 38-day target rate. Service Agreements CCCSC has established Service Agreements with the following organizations, trust funds and programs: n Management-ILA (MILA) Managed Healthcare Trust Fund n Carrier-ILA Container Freight Station (CFS) Trust Fund n Carrier-ILA Container Royalty (CR4) Trust Fund n Carrier-ILA Container Royalty 5 (CR5) Trust Fund n Container Royalty Central Collection Fund (CRCCF) n Shipping Industry Mutual Assurance Association Limited (SIMAS) n The Shipping Association of New York and New Jersey Discovery Program n USMX-ILA Money Purchase Fund & Savings Plan (MPP) Anthony J. Dalonges CCCSC President Ricahrd Glogowski Assistant Controller Rita Huryk Manager Assessment Reporting & Collections Michele Osorio Accounts Receivable/ Payable Kelly Ann Ryan Executive Assistant CCC SERVICE CORPORATION STAFF ACCOUNTING DIVISION MANAGED SERVICES PROVIDER CCCSC provides payroll, general accounting and financial reporting services for itself, USMX, CRCCF, CFS, CR5, CRF, MPP and CPRF along with IT administration for itself, USMX and CRCCF. In 2022 (CCCSC) migrated two legacy applications (Manhours and GL) from an aging hardware and database platform to cloud hosted providers on new soOware. The new platforms allow for more scalability, ease of access and security while providing an upgrade to the front end that users interact with daily. The Lyndhurst office replaced an outdated phone system and moved to One Talk, a more remote option, while giving staff the ability to keep their desk phones if needed. The IT group introduced aRack scenario-based security training. For the first round of training, CCCSC employees scored 100%. NOTABLE ACCOMPLISHMENTS CCCSC has maintained long-term success with regard to headcount productivity and financial management: n Headcount productivity continues to increase; there has been staff reduction of three over the last thirteen years, with tonnage increasing 60% over the same time period. 2022 Update CCC Service Corporation

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