Global Customs Tackle Ecommerce Valuation for Smoother Trade

Global Customs Tackle Ecommerce Valuation for Smoother Trade

The World Customs Organization (WCO) held its second seminar on E-Commerce and Customs Valuation, focusing on the valuation challenges in cross-border e-commerce. The event brought together international organizations, customs administrations, and private sector representatives to discuss policies, procedures, and practices. The aim was to address the challenges posed by the dynamic nature of e-commerce trade, facilitate trade, and build a fair and efficient cross-border e-commerce ecosystem. The WCO is actively working to develop a more comprehensive e-commerce valuation system to promote the healthy development of cross-border e-commerce.

01/05/2026 Customs Knowledge
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BNSF Acquisition Sparks Shippers Concerns Over Rising Freight Costs

BNSF Acquisition Sparks Shippers Concerns Over Rising Freight Costs

The Surface Transportation Board (STB) of the U.S. Department of Transportation held hearings on Berkshire Hathaway's acquisition of BNSF Railway, focusing on whether the $8.1 billion acquisition premium should be included in BNSF's cost base, thus impacting freight pricing. Shippers expressed concerns about potential freight rate increases and urged the STB to protect their interests. Experts suggested breaking the regulatory cycle. This case concerns fair competition and efficiency improvement in rail transport, and the outcome will have a profound impact on the industry. The core issue is whether the premium should be considered when calculating BNSF's costs.

01/22/2026 Logistics
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