Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

12/30/2025 Customs Knowledge
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Key Strategies for Efficient Crossborder Ecommerce Logistics

Key Strategies for Efficient Crossborder Ecommerce Logistics

This article delves into the operational processes of cross-border logistics companies, covering key stages such as order reception, cargo preparation, international transportation, customs clearance and inspection, and domestic distribution. It emphasizes the importance of information tracking and customer service. The aim is to provide comprehensive logistics guidance for cross-border e-commerce sellers, helping them build an efficient international supply chain. This includes strategies for optimizing shipping routes, managing customs documentation, and ensuring timely delivery to customers worldwide. By understanding these processes, sellers can improve their logistics operations and enhance customer satisfaction.

12/30/2025 Logistics Encyclopedia
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Aviation Sector Adopts Sems to Combat Rising Security Threats

Aviation Sector Adopts Sems to Combat Rising Security Threats

Facing increasingly complex aviation safety threats, traditional safety measures are insufficient. This webinar focuses on Safety Management Systems (SeMS), exploring how to enhance aviation safety levels by building robust SeMS, strengthening risk management, and leveraging intelligence sharing and technological innovation. We will delve into the core components of effective SeMS implementation and practical strategies for identifying, assessing, and mitigating risks. Resources such as SeMS certification information and IATA manuals will be provided to help build a stronger safety system. Join us to learn how to proactively manage safety and improve overall operational resilience.

12/30/2025 Logistics Industry Insights
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Guide to Compliant Shipping of Mold Release Agents

Guide to Compliant Shipping of Mold Release Agents

This article provides a detailed interpretation of the key requirements for exporting mould release agents (especially Class 9 dangerous goods) by sea. It covers essential aspects such as MSDS documentation, dangerous goods packaging certificates, booking lead times, warehouse receiving deadlines, and packaging compliance. The aim is to offer a comprehensive compliance guide for relevant businesses, assisting them in completing their export operations safely and efficiently. This guide ensures adherence to regulations and minimizes potential risks associated with hazardous material transportation.

08/22/2025 Logistics Encyclopedia
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Guide to Safe Shipping of Dangerous Goods Released

Guide to Safe Shipping of Dangerous Goods Released

Shipping dangerous goods internationally requires precise identification and classification, strict packaging and labeling, standardized operating procedures, and effective risk management, along with familiarity with relevant laws and regulations. This article provides an in-depth analysis of key aspects in each stage, assisting you in completing transportation safely and efficiently. It covers topics such as proper documentation, compliance requirements, and mitigation strategies to ensure a smooth and secure shipping process for hazardous materials.

08/23/2025 Logistics Encyclopedia
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Guide to Resolving Bill of Lading Disputes in Import Customs

Guide to Resolving Bill of Lading Disputes in Import Customs

Discrepancies between the Bill of Lading (B/L) and the actual cargo (quantity, weight, volume) are common in import customs clearance. This article details strategies to address this issue, including verifying data, amending the B/L, and contacting the LCL agent. It also answers frequently asked questions regarding document requirements for exchanging the B/L, LCL charges, and the transportation of goods within bonded zones. This guide aims to improve customs clearance efficiency by providing practical solutions and insights into common challenges.

08/21/2025 Logistics Encyclopedia
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Telex Release Boosts Nearsea Trade Efficiency

Telex Release Boosts Nearsea Trade Efficiency

A Surrendered Bill of Lading (Telex Release) is an effective solution to the 'goods waiting for documents' problem in near sea trade. It simplifies the delivery process electronically, eliminating the need for original bill of lading circulation, thereby improving efficiency and reducing costs. However, it's important to note that a Surrendered Bill of Lading is non-negotiable and non-transferable, so careful consideration is required when choosing this option.

09/26/2025 Logistics Encyclopedia
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