Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder partners with Terminal Industries to optimize logistics yard operations using AI technology. The pilot project leverages computer vision and machine learning to achieve precise vehicle information recognition and automated inventory capture, significantly improving efficiency and reducing costs. The collaboration plans to translate the pilot experience into commercial applications, leading the intelligent transformation of the logistics industry. This approach aims to streamline processes, enhance visibility, and ultimately create a more efficient and cost-effective supply chain ecosystem.

11/03/2025 Logistics
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WCO Shifts Focus to Capacity Building Amid Economic Strains

WCO Shifts Focus to Capacity Building Amid Economic Strains

A high-level working group meeting of the World Customs Organization (WCO) explored customs capacity building in the context of the global economic situation. The meeting reviewed project progress and planned the functions of the new committee, aiming to contribute to the development of customs worldwide. Discussions focused on enhancing efficiency and effectiveness of customs administrations to facilitate trade and ensure security, aligning with the WCO's commitment to supporting its members in adapting to evolving global challenges.

Prologis Reports Rising Demand in Logistics Real Estate

Prologis Reports Rising Demand in Logistics Real Estate

The Prologis IBI index indicates a turning point in logistics real estate demand in Q3, with increases in net absorption, new lease signings, and project pipelines. The report analyzes the drivers behind this demand recovery, including customer actions, improved utilization rates, and a more favorable market environment. While vacancy rates are expected to remain stable in the short term, the market is projected to tighten in the long term as new supply decreases, potentially leading to accelerated rental growth.

Prologis Reports Rising Demand in Logistics Real Estate Sector

Prologis Reports Rising Demand in Logistics Real Estate Sector

The Prologis IBI index indicates a rebound in logistics real estate demand, with increased net absorption, new leasing activity, and project pipeline. Companies are actively addressing trade uncertainties by boosting supply chain investments and improving operational efficiency, leading to a better market environment. While vacancy rates remain stable in the short term, construction is slowing down, potentially accelerating rental growth. Investors should focus on prime assets in core locations, adapt flexibly to market changes, and strengthen risk management strategies.

Liberia Enhances Tax Collection with WCO Assistance

Liberia Enhances Tax Collection with WCO Assistance

With the support of the WCO WACAM project, the Liberia Revenue Authority is actively implementing a competency-based human resource management system. This includes developing tools such as job benchmarks, competency frameworks, and job descriptions, as well as formulating human resource and training strategies. This initiative aims to enhance employee performance, achieve organizational goals, and inject new vitality into Liberia's economic development and social progress. The focus is on building a skilled and effective tax workforce.

Nigeria Customs Modernizes Ruling System to Ease Trade

Nigeria Customs Modernizes Ruling System to Ease Trade

The Nigeria Customs Service is actively implementing a national Advance Ruling System aimed at reducing trade costs, improving efficiency, and enhancing trade predictability for businesses by pre-determining commodity classification, tax rates, and other relevant matters. This initiative, part of the EU-World Customs Organization Africa HS project, draws on the successful experiences of Ethiopia and Liberia. It is expected to significantly improve Nigeria's business environment and promote economic development by providing clarity and certainty to traders before importation.

Nicaraguas AEO Program Boosts Trade Efficiency Reduces Costs

Nicaraguas AEO Program Boosts Trade Efficiency Reduces Costs

Nicaragua is actively promoting the AEO program to improve customs clearance efficiency and reduce trade costs. Supported by the WCO-Norad project and aligned with the WTO Trade Facilitation Agreement, the program certifies businesses to enjoy benefits like prioritized inspection and simplified documentation. Participation in the AEO program can lower operating costs, improve efficiency, and enhance credibility, allowing companies to stand out in the market. This initiative aims to streamline trade processes and foster economic growth within Nicaragua.

Temus Lowcost Model Tests Crossborder Ecommerce Sellers

Temus Lowcost Model Tests Crossborder Ecommerce Sellers

Pinduoduo's cross-border project, Temu, has rapidly risen using a low-price strategy, demanding suppliers offer prices below wholesale. It implements strict background checks and a demanding work environment. Sellers need to optimize their supply chains, differentiate product selection, and improve product quality to address the low-price challenge. Temu's future development requires a focus on quality and service alongside low prices to achieve sustainable growth. The key is balancing affordability with customer satisfaction in the long run.

Global Airlines Adopt Iatas MCX to Cut Maintenance Costs

Global Airlines Adopt Iatas MCX to Cut Maintenance Costs

IATA's MCX project is a voluntary data exchange program designed to help airlines standardize maintenance cost reporting, establish industry benchmarks, share knowledge and experience, thereby reducing maintenance costs and improving operational efficiency. Through annual data collection and analysis, community communication, and results publication, MCX provides airlines with a powerful tool for benchmarking, decision support, and cost optimization. It facilitates the identification of best practices and areas for improvement, ultimately contributing to a more efficient and cost-effective maintenance ecosystem.

01/16/2026 Airlines
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WIPO GREEN Advances Climate Tech for Sustainability

WIPO GREEN Advances Climate Tech for Sustainability

WIPO GREEN focuses on climate change, releasing the 'Green Technology Handbook Expo 2025 Special Edition,' highlighting energy transition in the Asia-Pacific region. The Global Low Carbon Technology Joint Search (CTS) platform is launched, integrating diverse data to facilitate climate solution retrieval. The WIPO GREEN Acceleration Project is being implemented across Asia, covering urban environments and agriculture. The technology and needs database now features AI-powered summaries, accelerating the translation of green innovation into practical results.