Ecommerce Layoffs Rise As Firms Cut Costs Amid Downturn

Ecommerce Layoffs Rise As Firms Cut Costs Amid Downturn

The cross-border e-commerce industry faces challenges, prompting companies to adopt cost-reduction measures like mandatory single-day off, leading to employee dissatisfaction. This article explores how companies and employees can overcome difficulties together and achieve a win-win situation. It analyzes various cost-saving methods employed by companies and how employees can protect their rights, advocating for the industry to collectively welcome a brighter future. The focus is on navigating the current economic climate while ensuring fairness and sustainability for both employers and employees.

12/31/2025 Logistics Industry Insights
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Banggood Adapts As Crossborder Ecommerce Slows

Banggood Adapts As Crossborder Ecommerce Slows

Banggood Guangzhou has suspended some operations and given employees early leave, reflecting the severe challenges facing the cross-border e-commerce industry. Affected by factors such as a deteriorating external environment and increased competition, companies are adopting strategies like business contraction and personnel optimization. Cross-border e-commerce enterprises need to employ diversified strategies, including refined operations, market diversification, and brand building, to survive and develop in the market downturn. These measures are crucial for navigating the current economic climate and ensuring long-term sustainability.

12/31/2025 Logistics Industry Insights
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Francophone Customs Chiefs Meet in Dakar to Boost Trade Curb Smuggling

Francophone Customs Chiefs Meet in Dakar to Boost Trade Curb Smuggling

The 19th Conference of Heads of Customs Administrations of French-Speaking Countries was held in Senegal, focusing on trade facilitation, economic competitiveness, and customs cooperation in combating illicit trade. The conference adopted the 'Dakar Declaration,' which proposes ten recommendations aimed at simplifying customs clearance procedures, strengthening information sharing, deepening regional cooperation, and improving personnel skills. The WCO pledged its support and will establish a follow-up monitoring system. The Prime Minister of Senegal expressed appreciation and encouragement for the work of customs officials from French-speaking countries.

12/30/2025 Customs Knowledge
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WCO Issues Rail Customs Guidelines to Boost Global Trade

WCO Issues Rail Customs Guidelines to Boost Global Trade

The World Customs Organization (WCO)'s 'Guidelines on Rail Transit' aims to simplify and standardize customs procedures for rail transport, encouraging technology application and international cooperation. This enhances cross-border trade efficiency, reduces costs, and promotes global economic prosperity. The guidelines, structured around four key objectives and supporting capacity building projects, provide a roadmap for customs facilitation in global rail transport. It offers practical guidance and best practices to streamline processes and improve security, contributing to a more efficient and reliable international trade network.

12/30/2025 Customs Knowledge
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Maldives Customs Modernizes Risk Management After WCO Report

Maldives Customs Modernizes Risk Management After WCO Report

The World Customs Organization (WCO) presented a diagnostic report to the Maldives Customs Service, highlighting areas for improvement in customs valuation, post-clearance audit, and risk management. The report recommended establishing a robust risk management system, optimizing valuation processes, and upgrading audit methodologies. The Commissioner General of Maldives Customs pledged to develop an action plan based on the recommendations to enhance customs efficiency and transparency, ultimately fostering economic development. This initiative aims to modernize customs operations and facilitate smoother trade flows for the Maldives.

12/30/2025 Customs Knowledge
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WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

The World Customs Organization (WCO) held a Time Release Study (TRS) workshop for the Central Asia and Caucasus region in Georgia, aiming to improve regional trade efficiency. Through theoretical learning, field visits, and technical training, participants gained in-depth knowledge of the TRS methodology and developed national action plans. The WCO is committed to promoting connectivity across the Trans-Caspian Corridor, injecting new vitality into regional economic development. The workshop emphasized the importance of streamlined customs procedures for boosting trade along the Central Asia Corridor.

12/30/2025 Customs Knowledge
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Bolivia Customs Boosts Trade with Strategic Workshop

Bolivia Customs Boosts Trade with Strategic Workshop

The WCO held a workshop in Bolivia to help its customs enhance organizational transformation capabilities, implement a new strategic plan, and promote trade facilitation and sustainable development. The workshop aimed to strengthen Bolivia's customs administration by focusing on modernizing its operations and aligning them with international best practices. This initiative is expected to improve efficiency, transparency, and compliance, ultimately contributing to economic growth and regional integration. The WCO's support underscores its commitment to assisting member countries in achieving their development goals through effective customs management.

01/05/2026 Customs Knowledge
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Serbian Delegation Studies Uzbekistans Customs Reforms

Serbian Delegation Studies Uzbekistans Customs Reforms

A Serbian Customs delegation visited Uzbekistan to learn about its experiences in digitalization, human resources, and trade facilitation. The visit highlighted Uzbekistan's progress in these areas, supported by projects from the World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO). The Serbian delegation aimed to gain insights and best practices to inform their own customs reform efforts, focusing on leveraging technology and data to improve efficiency and streamline trade processes. The exchange fostered collaboration and knowledge sharing between the two customs administrations.

01/05/2026 Customs Knowledge
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Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

The World Customs Organization (WCO) supported a customs valuation workshop in Cambodia to enhance the valuation capabilities of officers from the General Department of Customs and Excise of Cambodia (GDCE). The workshop covered the WTO Valuation Agreement, key technical issues, and valuation control measures, sharing case studies and experiences. Through this workshop, Cambodian Customs is expected to improve revenue collection, promote trade facilitation, and inject new vitality into the national economic development. The focus was on practical application and knowledge transfer to improve valuation accuracy and efficiency.

01/05/2026 Customs Knowledge
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Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

The SECO-WCO Global Trade Facilitation Programme continues to support Uzbekistan in implementing the WTO's Trade Facilitation Agreement. Through workshops and other initiatives, the program focuses on key areas such as advance rulings, risk management, and cooperation between border agencies. Uzbekistan is actively responding, dedicating efforts to process optimization and capacity building to improve trade efficiency and integrate into the global economy. The country aims to streamline procedures and enhance its capabilities to facilitate smoother and faster trade flows, ultimately boosting its economic competitiveness.

01/05/2026 Customs Knowledge
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