Small Businesses Face Supply Chain Strains Amid Inflation Concerns

Small Businesses Face Supply Chain Strains Amid Inflation Concerns

SMEs are most concerned about inflation and recession within their supply chains. Talent shortages, cybersecurity threats, and geopolitical risks also pose significant challenges. To mitigate these risks, SMEs need to optimize supply chain management, diversify sourcing strategies, strengthen risk control measures, and embrace digitalization. These strategies will help them build resilience and navigate the current volatile economic environment. Effective risk management and proactive adaptation are crucial for SMEs to maintain operational stability and competitive advantage in the face of these interconnected threats.

01/07/2026 Logistics Industry Insights
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Trade War Uncertainty Weighs on Global Freight Growth

Trade War Uncertainty Weighs on Global Freight Growth

US-led trade frictions are creating uncertainty in the global freight economy, leading to lowered growth expectations. Increased tariffs raise costs, and declining consumer confidence could trigger a recession. Businesses need to strengthen risk management, adjust strategies, and leverage data analytics to navigate these challenges. The trade war's impact on supply chains and consumer demand necessitates a proactive approach to mitigate potential losses and adapt to the evolving global economic landscape. Careful monitoring and flexible planning are crucial for survival and potential growth.

01/07/2026 Logistics Industry Insights
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Experts Warn of Tariff Impacts on 2025 Freight Peak Season

Experts Warn of Tariff Impacts on 2025 Freight Peak Season

Armada Corporate Intelligence expert Keith Prather delves into the current state of the freight economy, the impact of tariff policies, inventory and import management, and the outlook for the 2025 peak season. He emphasizes that businesses should closely monitor market changes, flexibly adjust strategies, and maintain communication with experts to address challenges and seize opportunities. Adaptability and informed decision-making are crucial for navigating the evolving landscape and maximizing success in the face of economic uncertainties and shifting trade dynamics.

01/07/2026 Logistics Industry Insights
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Malawi Enhances Trade with Wcobacked Advance Ruling System

Malawi Enhances Trade with Wcobacked Advance Ruling System

In July 2018, the World Customs Organization (WCO) held a workshop in Blantyre to support Malawi in enhancing trade facilitation by implementing the advance ruling system and optimizing its customs classification system. Through expert training, current state analysis, and action plan development, Malawi aims to improve its legal framework, establish an advance ruling body, and strengthen personnel training. These efforts are designed to increase customs clearance efficiency, enhance trade certainty, and improve the business environment, ultimately promoting economic development in Malawi.

01/07/2026 Customs Knowledge
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WCO Backs Ethiopias Customs Modernization with Talent Assessment

WCO Backs Ethiopias Customs Modernization with Talent Assessment

WCO assists Ethiopian Customs in improving human resource management, promoting modernization. Experts recommend optimizing recruitment, training, and performance evaluation, providing a reference for developing countries. The focus is on building a skilled and motivated workforce to support customs reforms and enhance operational efficiency. This initiative aims to strengthen Ethiopia's capacity to effectively manage its borders and facilitate trade, ultimately contributing to economic growth and regional integration. The recommendations offer practical guidance for other developing countries seeking to modernize their customs administrations.

01/07/2026 Customs Knowledge
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WCO Aids Liberia in Boosting Customs Revenue

WCO Aids Liberia in Boosting Customs Revenue

At the request of the Liberia Revenue Authority, the World Customs Organization sent an expert mission to Liberia to strengthen its customs valuation and classification infrastructure. Through assessments, workshops, and recommendations, the mission assisted Liberia in implementing relevant World Trade Organization agreements and developing a strategy to terminate private sector inspection contracts. The goal was to enhance revenue collection, promote trade facilitation, and foster economic development within the country. The mission's work focused on building sustainable capacity and ensuring compliance with international standards.

01/07/2026 Customs Knowledge
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Cape Verde Customs Modernizes with WCO Support

Cape Verde Customs Modernizes with WCO Support

The WCO, through the WACAM project, is assisting Cape Verde Customs in optimizing customs clearance procedures. A Time Release Study (TRS) was conducted to improve trade efficiency, reduce costs, and attract investment. The TRS aims to identify bottlenecks in the clearance process and provide recommendations for streamlining procedures. This initiative supports Cape Verde's efforts to enhance its competitiveness and integrate more effectively into the global trading system. The focus is on faster release times, which directly benefits businesses and promotes economic growth.

01/07/2026 Customs Knowledge
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Oman Advances Customs Modernization with WCO Support

Oman Advances Customs Modernization with WCO Support

The World Customs Organization (WCO) is supporting Oman Customs in developing a new strategic plan to facilitate its modernization reforms. Through workshops, both parties are focusing on results-oriented management, aiming to enhance trade facilitation, border security, and revenue efficiency. Oman Customs is committed to continuous reform, striving to create an efficient, secure, and transparent 21st-century customs administration, contributing significantly to the nation's economic development. The strategic plan is crucial for achieving these goals and aligning with international best practices.

01/07/2026 Customs Knowledge
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Burkina Faso Customs Adopts Wcobacked Advance Ruling System

Burkina Faso Customs Adopts Wcobacked Advance Ruling System

The World Customs Organization (WCO) is assisting Burkina Faso in establishing an advance ruling mechanism to enhance trade predictability, reduce compliance costs, and improve customs efficiency. Through capacity building workshops and the WACAM project, the WCO supports Burkina Faso's customs modernization and promotes regional trade development. The establishment of this mechanism will improve the trade environment, foster economic growth, and serve as a reference for other African countries. The initiative aligns with global efforts to streamline trade processes and promote efficient customs operations.

01/07/2026 Customs Knowledge
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Cte Divoire Boosts Tariff Control with WCO Customs Modernization

Cte Divoire Boosts Tariff Control with WCO Customs Modernization

The World Customs Organization (WCO) conducted a diagnostic mission to the Ivorian General Directorate of Customs (DGD) to strengthen its tariff classification and valuation control capabilities. During the mission, WCO experts engaged in in-depth discussions with Ivorian customs officials and conducted on-site visits to observe customs operations. The expert team provided targeted recommendations to help Ivorian Customs improve regulatory effectiveness and safeguard national economic development. The aim is to enhance customs procedures and ensure efficient trade facilitation within Côte d'Ivoire.

01/07/2026 Customs Knowledge
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