FCA Terms Cut Costs Risks in International Trade Logistics

FCA Terms Cut Costs Risks in International Trade Logistics

This article analyzes the Free Carrier (FCA) Incoterm, covering its definition, delivery methods, advantages, differences from FOB, and supplements within Incoterms® 2020. It helps you control costs and mitigate risks in international trade transactions. Understanding FCA is crucial for determining responsibilities and liabilities between buyer and seller regarding delivery and transportation. The analysis provides practical insights for businesses involved in global commerce, enabling them to leverage FCA effectively for optimized logistics and minimized potential disputes.

11/03/2025 Logistics Encyclopedia
Read More
Qatar Chamber Adopts ATA System to Ease International Trade

Qatar Chamber Adopts ATA System to Ease International Trade

The Qatar Chamber of Commerce's accession to the ATA international guarantee chain facilitates the cross-border movement of goods for businesses. The ATA Carnet simplifies customs procedures, eliminates tariffs, saves time and costs, and promotes international trade facilitation. Businesses should seize this opportunity, understand the ATA Carnet regulations, and expand into the Qatari market. This provides a streamlined process for temporary import and export, making it easier for businesses to participate in international exhibitions, fairs, and other temporary activities in Qatar.

01/07/2026 Customs Knowledge
Read More
WTO WCO Aid Cape Verde in Customs Reform to Enhance Trade

WTO WCO Aid Cape Verde in Customs Reform to Enhance Trade

The WCO-WACAM project assists Cape Verde in implementing the WTO Trade Facilitation Agreement. Through support for measures categorization assessment and Time Release Study (TRS), it aims to simplify customs clearance processes, reduce trade costs, and improve trade efficiency. The project not only enhances Cape Verde's compliance capabilities but also provides valuable experience for other developing countries, jointly promoting global trade facilitation. This initiative is crucial for boosting economic growth and competitiveness in Cape Verde by streamlining trade procedures and reducing associated costs.

12/30/2025 Customs Knowledge
Read More
WCO Revises Trade Rules to Enhance WTO Pact Compliance

WCO Revises Trade Rules to Enhance WTO Pact Compliance

The World Customs Organization (WCO) has updated its 'Implementation Guidance on Trade Facilitation,' integrating the latest tools and member practices to enhance the implementation of the WTO's Trade Facilitation Agreement (TFA). The new guidance covers areas such as transparency, customs-business cooperation, advance rulings, Authorized Economic Operator (AEO), border management, single window, customs brokers, transit, Globally Networked Customs, and National Trade Facilitation Committees. It provides more practical and comprehensive guidance for global trade facilitation, aiming to streamline processes and reduce trade costs.

01/05/2026 Customs Knowledge
Read More
Tunisia Adopts Revised Kyoto Convention to Enhance Trade

Tunisia Adopts Revised Kyoto Convention to Enhance Trade

With Tunisia's accession, the Revised Kyoto Convention now has 112 contracting parties, signaling accelerated global trade facilitation. This convention, a blueprint for modern customs, aims to reduce trade costs and improve customs clearance efficiency by simplifying procedures, optimizing risk management, and utilizing information technology. It promotes global trade growth and complements the WTO's Trade Facilitation Agreement, jointly building an open and prosperous trade system. The convention's focus on streamlined processes and technological advancements is crucial for enhancing customs efficiency worldwide.

01/05/2026 Customs Knowledge
Read More
Jordan Enhances Trade with Wcobacked Customs Upgrades

Jordan Enhances Trade with Wcobacked Customs Upgrades

The Jordan Customs Valuation Workshop, jointly organized by the World Customs Organization (WCO) and the Customs Cooperation Fund Germany (CCF Germany), aimed to enhance the understanding and application of the Customs Valuation Agreement among Jordanian customs officials. Through theoretical learning and case studies, participants delved into key issues such as the transaction value principle and alternative valuation methods. This initiative laid the foundation for Jordan to build a fair and transparent international trade environment.

01/05/2026 Customs Knowledge
Read More
West Coast Ports Resume Labor Talks to Prevent Congestion

West Coast Ports Resume Labor Talks to Prevent Congestion

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) are scheduled to resume negotiations to proactively address contract extensions and prevent future freight congestion at West Coast ports. These talks are critical to global trade stability. Key negotiation points are expected to include wages and benefits, automation, job security, and contract duration. The outcome will directly impact shippers' supply chain efficiency and costs, making a timely agreement essential to avoid disruptions.

01/21/2026 Logistics
Read More
US Port Labor Talks Resume Amid Automation Dispute

US Port Labor Talks Resume Amid Automation Dispute

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have resumed negotiations to avert a potential port strike on January 15th. Automation remains a central point of contention in the talks. Failure to reach an agreement could significantly disrupt global supply chains, impacting trade and potentially leading to economic consequences. The outcome of these labor negotiations is crucial for maintaining the stability and efficiency of port operations across the United States.

01/21/2026 Logistics
Read More
Rwanda Boosts Trade with Wcobacked Customs Upgrade

Rwanda Boosts Trade with Wcobacked Customs Upgrade

The WCO held a customs valuation workshop in Rwanda to enhance the capabilities of tax authority officials. The workshop covered topics such as the WTO Valuation Agreement and transfer pricing. The initiative aims to promote trade development by improving understanding and application of customs valuation principles, ultimately facilitating smoother and more efficient trade processes for Rwanda.

01/08/2026 Customs Knowledge
Read More
WCO and UNCTAD Partner to Boost Global Trade Efficiency

WCO and UNCTAD Partner to Boost Global Trade Efficiency

In 2014, the WCO and UNCTAD Secretaries-General met in Geneva, focusing on the harmonized implementation of the WTO Trade Facilitation Agreement (TFA). They emphasized providing needs assessments and technical assistance based on WCO instruments to avoid implementation divergence. Discussions also covered addressing complex cross-border trade issues, improving transportation and logistics efficiency. Both parties committed to further strengthening cooperation to build an efficient and transparent global trade system.

12/30/2025 Customs Knowledge
Read More