WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

Global Airlines Adopt Iatas Contactless Travel Directory

Global Airlines Adopt Iatas Contactless Travel Directory

IATA has launched a Contactless Travel Directory to address the fragmentation of contactless travel services and build a seamless, efficient, and convenient digital travel ecosystem. The directory helps airlines implement contactless solutions faster and more efficiently, improving passenger experience by providing real-time information on service availability, passenger eligibility, and data protocols. This aims to streamline the adoption of touchless technologies and create a more cohesive and user-friendly travel journey in the post-pandemic era.

Global Leaders Urge Cooperation to Address Crises

Global Leaders Urge Cooperation to Address Crises

The World Customs Organization (WCO) emphasized the critical importance of international cooperation in the face of global crises at an international organization annual meeting. Secretary General Kunio Mikuriya highlighted the WCO's measures to ensure smooth cargo flow during the pandemic, emphasizing the inclusiveness and flexibility of international instruments. He called for strengthening cooperation platforms to transform challenges into opportunities. The WCO's efforts demonstrate the vital role of collaboration in navigating global disruptions and fostering resilience in international trade.

Global Shipping Crisis Worsens As Blank Sailings Surge

Global Shipping Crisis Worsens As Blank Sailings Surge

The global shipping industry faces significant challenges due to US-China trade friction, with a surge in blank sailings surpassing even pandemic levels. Reports indicate a substantial decline in freight volume on Asia-US routes. Businesses should proactively plan, diversify sourcing, and strengthen collaborations to navigate the evolving trade landscape. The increase in blank sailings indicates reduced demand and capacity management by shipping companies in response to the trade tensions and their impact on cargo volumes.

Guide to Costeffective Large Item Shipping and Tracking

Guide to Costeffective Large Item Shipping and Tracking

This article provides a detailed introduction to oversized logistics, covering freight calculation methods, online tracking, and tips to avoid common pitfalls. It also addresses frequently asked questions, such as the impact of the pandemic on oversized logistics. The aim is to help readers better understand oversized logistics, choose the right logistics company, and safely and quickly ship large items. It offers guidance on navigating the complexities of shipping large items, ensuring a smooth and efficient delivery process.

Latin Americas Ecommerce Boom Fuels 3C Product Growth

Latin Americas Ecommerce Boom Fuels 3C Product Growth

The Latin American e-commerce market is experiencing rapid growth, with the pandemic accelerating the adoption of online shopping. This analysis delves into the current e-commerce landscape, consumer profiles, and market opportunities in key Latin American countries. It focuses on the development of platforms like MercadoLibre and offers targeted recommendations on product selection, logistics, payment solutions, and localization strategies. The aim is to assist Chinese sellers in tapping into the lucrative Latin American e-commerce market.

Asiapacific Customs Adopt Digital Tools for Modernization

Asiapacific Customs Adopt Digital Tools for Modernization

The 20th Asia-Pacific WCO Regional Training Center Heads Meeting focused on digital transformation and capacity building. Discussions centered on leveraging VR technology to enhance customs training, deepening regional cooperation, evaluating the impact of capacity building initiatives, and addressing challenges posed by the pandemic. The meeting aimed to improve the professional capabilities and modernization level of customs administrations in the Asia-Pacific region by exploring innovative training methods and fostering collaboration in a rapidly evolving global landscape.

Airline Industry Faces Profit Hurdles Seeks Collaboration Study

Airline Industry Faces Profit Hurdles Seeks Collaboration Study

A joint study by IATA and McKinsey reveals an imbalance in the aviation industry's value chain, resulting in persistently low airline profitability. The report highlights that the pandemic has exacerbated this issue. However, it suggests that value chain reshaping is possible through data sharing and decarbonization collaborations, ultimately leading to improved overall profitability for the industry. This restructuring aims to address the systemic issues hindering airlines' financial performance and create a more sustainable and profitable ecosystem for all stakeholders.

Flexe CEO Discusses Postpandemic Warehouse Economy Shifts

Flexe CEO Discusses Postpandemic Warehouse Economy Shifts

In an interview, Flexe CEO Karl Siebrecht discussed the challenges and opportunities facing the warehouse economy in the post-pandemic era. He highlighted that macroeconomic uncertainty, changing consumer demands, and the rise of the BOPIS model are reshaping the logistics landscape. Siebrecht emphasized the importance of flexibility for businesses, advising against long-term leases and advocating for solutions that can navigate uncertainty. He argued that adaptability is crucial for maintaining competitiveness in a rapidly evolving market environment.

Private Fleets Grow As Supply Chain Fix Amid Disruptions

Private Fleets Grow As Supply Chain Fix Amid Disruptions

During the pandemic, private fleets have experienced growth due to their advantages in customer service and cost control, becoming a key component of corporate logistics strategies. They effectively address capacity shortages and improve operational efficiency. This resilience highlights the strategic importance of private fleets in navigating disruptions and optimizing supply chain management. Their ability to provide dedicated service and control costs makes them a valuable asset for companies seeking to enhance their logistics operations in a challenging environment.