USPS Tenyear Plan Aims to Revive Struggling Service

USPS Tenyear Plan Aims to Revive Struggling Service

The United States Postal Service (USPS) faces significant financial challenges, with widening losses in the third quarter. Despite overall operating revenue growth, the net loss reached $3.0 billion. Marketing mail rebounded, but shipping and package revenue declined. USPS is actively pursuing a ten-year reform plan aimed at achieving financial sustainability and improving service quality. However, it still faces challenges such as market competition and labor costs. The successful implementation of the reform plan will determine the future of the USPS.

01/15/2026 Logistics
Read More
Eswatini Adopts Modern HR to Improve Trade Efficiency

Eswatini Adopts Modern HR to Improve Trade Efficiency

The Eswatini Revenue Service adopted modern human resource management practices to address trade facilitation challenges. The World Customs Organization recommends building a competency framework to enhance employee capabilities and organizational competitiveness. This approach aims to improve the effectiveness and efficiency of the revenue service by ensuring that employees possess the necessary skills and knowledge to meet the demands of a rapidly changing trade environment. The implementation of a competency model is crucial for aligning employee performance with organizational goals and driving sustainable growth.

01/26/2026 Customs Knowledge
Read More
Seychelles Customs Officials Enhance Valuation Skills in WCO Training

Seychelles Customs Officials Enhance Valuation Skills in WCO Training

The World Customs Organization (WCO) conducted a customs valuation training in Seychelles to enhance the practical skills of the country's customs officers. The training focused on the core principles of the WTO Agreement on Customs Valuation, combining theoretical knowledge with practical exercises. This initiative is part of the WCO's capacity building project, aimed at assisting developing countries in improving customs administration, promoting trade facilitation, and increasing revenue collection. Accurate customs valuation is crucial for ensuring revenue integrity and maintaining fair trade practices.

01/26/2026 Customs Knowledge
Read More
Logistics Integration The Path to Efficient Transportation

Logistics Integration The Path to Efficient Transportation

This article explores the necessity and feasibility of integrating dedicated line logistics enterprises, emphasizing three key elements of large corridor construction: scale, fluidity, and strategic direction. Insights from industry leaders highlight the importance of aligning corporate culture and values, as well as how to achieve profit-sharing and risk-sharing during integration. This provides a new development direction for the logistics industry.

07/23/2025 Logistics
Read More
Sierra Leone Boosts Trade with WCO Customs Upgrade

Sierra Leone Boosts Trade with WCO Customs Upgrade

The World Customs Organization (WCO) assessed Sierra Leone Customs' valuation capabilities to support its WTO commitments and enhance trade facilitation and revenue management. This assessment aims to identify areas for improvement and provide targeted capacity building initiatives. By strengthening customs valuation procedures, Sierra Leone can ensure accurate revenue collection, streamline trade processes, and promote a more transparent and efficient trading environment. The WCO's support is crucial for Sierra Leone to effectively implement its WTO obligations and achieve sustainable economic growth through improved trade practices.

01/05/2026 Customs Knowledge
Read More
Zambia Tax Authority Adopts WCO Tool to Boost Efficiency

Zambia Tax Authority Adopts WCO Tool to Boost Efficiency

With support from the Sida-WCO Trade Facilitation Project, WCO experts assisted the Zambia Revenue Authority (ZRA) in leveraging the Performance Measurement Mechanism (PMM) to enhance strategic decision-making and governance. By establishing a data-driven performance evaluation system, ZRA aims to optimize operational efficiency and achieve customs modernization, ultimately contributing more significantly to Zambia's economic development. The PMM helps ZRA to monitor progress, identify areas for improvement, and ensure that resources are allocated effectively, leading to better trade facilitation and increased revenue collection.

01/26/2026 Customs Knowledge
Read More
Challenges Faced by Publicly Listed Port Companies

Challenges Faced by Publicly Listed Port Companies

Multiple listed companies in the port industry have reported poor performance in their semi-annual reports. Rizhao Port experienced a 15.74% year-on-year decline in revenue and a 40% reduction in net profit. Xiamen Port saw a slight revenue drop, but its net profit, after excluding non-recurring gains and losses, plunged by 13.82%. Jinzhou Port is similarly challenged by low coal prices and a sharp decrease in grain turnover. These factors have severely impacted the operations and performance of port companies, raising concerns about the industry's outlook.

07/21/2025 Logistics
Read More
Ghana Customs Officials Attend WCO Leadership Workshop

Ghana Customs Officials Attend WCO Leadership Workshop

The WCO collaborated with the Ghana Revenue Authority to conduct a leadership workshop aimed at enhancing customs management capabilities and promoting modernization. This initiative supports the ongoing efforts to strengthen customs operations in Ghana. The World Bank provides funding to support customs capacity building in Africa, contributing to improved trade facilitation and revenue collection. The workshop focused on developing leadership skills among customs officials, enabling them to effectively manage teams and implement modern customs practices. The ultimate goal is to create a more efficient and effective customs administration in Ghana.

12/30/2025 Customs Knowledge
Read More