WCO Implements New Trade Valuation Rules to Boost Revenue

WCO Implements New Trade Valuation Rules to Boost Revenue

The WCO Technical Committee on Customs Valuation has adopted two new advisory opinions concerning the valuation treatment of income tax in royalties and the valuation of buyer's own trademarks on imported goods. These new rules aim to enhance certainty and transparency in customs valuation, promote international trade facilitation, optimize customs revenue, and ensure the healthy development of global trade. They provide guidance on complex valuation issues, contributing to a more predictable and equitable international trade environment. The opinions seek to clarify existing valuation principles and address practical challenges faced by customs administrations and traders alike.

01/05/2026 Customs Knowledge
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Ecommerce Boom Drives Surge in Air Freight Demand

Ecommerce Boom Drives Surge in Air Freight Demand

Against the backdrop of increasing global supply chain uncertainty, air freight has become a key strategic tool for e-commerce retail businesses to maintain competitiveness. This paper delves into how to leverage air freight to address demand fluctuations, accelerate high-profit SKU turnover, mitigate transportation risks, and expand into international markets. By optimizing air freight management, companies can build a more resilient supply chain and stand out in the fierce market competition. The focus is on utilizing air freight strategically for improved responsiveness and profitability in the e-commerce sector.

01/05/2026 Logistics Industry Insights
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Virginia Port Throughput Dips Normalization or Cause for Concern

Virginia Port Throughput Dips Normalization or Cause for Concern

The Port of Virginia experienced a 13% year-over-year decrease in cargo volume in September. While attributed to supply chain normalization, factors such as the global economic slowdown and increased competition are significant contributors. The port needs to improve efficiency, expand services, and strengthen partnerships to address these challenges and revitalize growth momentum. This includes adapting to changing trade patterns and investing in infrastructure to maintain competitiveness in a dynamic global market. The port's future success hinges on its ability to innovate and respond effectively to these pressures.

01/16/2026 Logistics
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New York New Jersey Ports Enforce Revised Container Fee to Reduce Congestion

New York New Jersey Ports Enforce Revised Container Fee to Reduce Congestion

The Port of New York and New Jersey has implemented a revised container dwell fee policy to mitigate port congestion by balancing import and export container volumes and reducing empty container accumulation. The new regulations detail fee structures, empty container evacuation ratios, and utilize algorithms to customize fees based on carrier circumstances. This aims to improve port operational efficiency and ensure a smooth supply chain by incentivizing timely container movement and discouraging prolonged storage. The policy is designed to address the ongoing challenges of port congestion and optimize container flow.

01/16/2026 Port Encyclopedia
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FAA Faces Pushback from Cargo Pilots Over Fatigue Rules

FAA Faces Pushback from Cargo Pilots Over Fatigue Rules

A new FAA rule excluding cargo pilots from enhanced fatigue management regulations has sparked strong opposition from unions. They argue that safety standards should be consistent between cargo and passenger flights and have filed a lawsuit. UPS contends that cargo operations have unique characteristics and existing fatigue management measures are sufficient. This dispute highlights the balance between safety and efficiency in the aviation industry. It calls for more comprehensive and standardized industry regulations to address pilot fatigue and ensure the safety of all flights, regardless of passenger or cargo status.

01/21/2026 Logistics
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US Economy Shows Resilience Despite Inflation Worries Bernstein

US Economy Shows Resilience Despite Inflation Worries Bernstein

Council of Economic Advisers Chair Bernstein analyzes the US economy through the lens of freight, emphasizing the importance of intermediate goods trade. He acknowledges the resilience of the job market but cautions about the risks of high prices. Bernstein highlights the government's commitment to balancing employment and inflation, with a focus on real wage growth. However, he emphasizes the need to address structural challenges to achieve stable economic growth and sustainable development. Continued efforts are required to navigate these complexities and ensure a balanced and prosperous economic future.

01/18/2026 Logistics Industry Insights
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TIA President Discusses Postpandemic US Freight Industry Challenges

TIA President Discusses Postpandemic US Freight Industry Challenges

This article provides an in-depth analysis of Anne Reinke, President and CEO of the Transportation Intermediaries Association (TIA), on the current freight economy and brokerage market. It covers key issues such as the impact of the pandemic, capacity supply and demand, rate pricing, 3PL profits, and peak season expectations. The article also explores the role of TIA in industry development and its future prospects, offering insights for freight companies to address challenges and seize opportunities. It serves as a valuable resource for navigating the evolving landscape of freight transportation.

01/21/2026 Logistics Industry Insights
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UPS to Add Air Conditioning to 5000 Delivery Trucks

UPS to Add Air Conditioning to 5000 Delivery Trucks

UPS is actively advancing its labor agreement with the Teamsters, including the installation of air conditioning in 5,000 existing delivery vehicles and testing cargo area air conditioning. This initiative aims to improve the working conditions for frontline employees and address the challenges posed by high temperatures. Despite previous friction between the two parties regarding network restructuring and other issues, the progress on this air conditioning plan demonstrates a shared commitment to improving employee welfare. This represents a significant step towards creating a safer and more comfortable environment for UPS workers.

01/21/2026 Logistics
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SEKO Logistics Expands Chicago Hub Amid Ecommerce Growth

SEKO Logistics Expands Chicago Hub Amid Ecommerce Growth

SEKO Logistics launched a new global gateway in Chicago, tripling its size to address the growth of cross-border e-commerce and enhance its global logistics capabilities. The facility is equipped with advanced technology and offers diversified services, integrating contract logistics, air and ocean freight forwarding, and more. It serves clients in various industries, including aerospace and automotive. This expansion is part of SEKO's global expansion strategy, aiming to improve its global competitiveness and local service capabilities. The new gateway signifies SEKO's commitment to providing comprehensive and efficient logistics solutions worldwide.

01/21/2026 Logistics
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Northwest Seaport Alliance Tackles Digital Shift Amid Supply Chain Challenges

Northwest Seaport Alliance Tackles Digital Shift Amid Supply Chain Challenges

The formation of the Northwest Seaport Alliance (NWSA) represents a strategic move by the Ports of Seattle and Tacoma to address challenges posed by digitalization and the global supply chain. This analysis examines the background of NWSA's establishment, the necessity of digital transformation, and the challenges facing logistics management by 2025. It proposes strategies for building a resilient supply chain, emphasizing that collaboration, innovation, and transformation are crucial for navigating the future of the logistics industry. The alliance aims to enhance competitiveness and adapt to evolving market dynamics.

01/21/2026 Logistics
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