WCO Mechanism Boosts Global Trade Efficiency

WCO Mechanism Boosts Global Trade Efficiency

The 6th meeting of the World Customs Organization (WCO) Working Group on Performance Measurement successfully concluded, marking significant progress in the development of the WCO Performance Measurement Mechanism (PMM). The meeting finalized the first edition of PMM Key Performance Indicators, advanced the implementation of the data collection platform, and improved the self-assessment and peer review guidelines. These efforts aim to enhance customs efficiency, facilitate trade, and strengthen international cooperation, ultimately contributing positively to global trade development. The PMM will serve as a valuable tool for customs administrations worldwide.

01/05/2026 Customs Knowledge
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WCO Program Modernizes Uzbekistans Customs Operations

WCO Program Modernizes Uzbekistans Customs Operations

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), is assisting Uzbekistan in enhancing its customs strategic planning capabilities. This initiative aims to help the State Customs Committee (SCC) of Uzbekistan build a more efficient and intelligent customs system by developing strategic roadmaps and designing Key Performance Indicators (KPIs). The goal is to embrace openness and digital transformation, improve trade facilitation, and ultimately promote national economic development. The project focuses on strengthening Uzbekistan's ability to implement modern customs practices and contribute to regional and global trade.

01/05/2026 Customs Knowledge
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South Chinas Hengxin Expands Global Ecommerce Logistics

South Chinas Hengxin Expands Global Ecommerce Logistics

Hengxin International Logistics, based in South China and covering the globe, provides cross-border e-commerce sellers with international dedicated lines and overseas warehouse services. Its advantages lie in its robust operational system, customized logistics solutions, and the hub advantage of South China. This article deeply analyzes Hengxin Logistics' reliability, dedicated line layout, timeliness, and domestic cargo collection capabilities, providing a reference for cross-border e-commerce sellers in choosing logistics partners. It aims to help sellers make informed decisions based on a comprehensive evaluation of Hengxin's key performance indicators.

01/06/2026 Logistics Industry Insights
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Oakland Port Traffic Dips Amid Global Trade Shifts

Oakland Port Traffic Dips Amid Global Trade Shifts

The Port of Oakland experienced a 15% year-over-year decrease in cargo volume in August, reflecting weakened retail demand and declining exports. While increased vessel calls and high commercial property occupancy offer positive indicators, global trade slowdown and supply chain diversification pose ongoing challenges. The port needs to adapt to the new economic environment and achieve sustainable development through strategic adjustments such as improving operational efficiency, expanding diversified services, and strengthening inland connections. These measures are crucial to navigate the current economic climate and ensure future growth.

01/16/2026 Logistics
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Prologis IBI Highlights US Industrial Real Estate Trends

Prologis IBI Highlights US Industrial Real Estate Trends

The Prologis IBI index reveals a complex picture of the US industrial real estate market: low vacancy rates and rising rents coexist with slowing demand and potential oversupply. The report forecasts a future supply shortage, advising businesses to plan early, adopt flexible leasing strategies, and optimize their supply chains. Companies should capitalize on market opportunities while mitigating potential risks. This includes proactive planning for future space needs and strategically leveraging market fluctuations to secure favorable lease terms and optimize logistics networks.

11/03/2025 Logistics Industry Insights
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Prologis Report Highlights Industrial Real Estate Resilience

Prologis Report Highlights Industrial Real Estate Resilience

The Prologis IBI index indicates that while the US industrial real estate market faces challenges, it remains resilient overall. Slower development may lead to tighter supply in the future. Utilization rates need improvement, and leasing activity is expected to increase. Companies need to optimize space utilization, focus on supply chain efficiency, adapt flexibly to market changes, and embrace technological innovation to succeed in a competitive market.

01/19/2026 Logistics Industry Insights
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VLCC Market Investment Opportunities Analyzed

VLCC Market Investment Opportunities Analyzed

Drewry's independent analysis of the VLCC market provides investors with essential market insights, including supply and demand conditions, market dynamics, and future trends, helping clients better assess investment opportunities in the shipping sector.

08/06/2025 Logistics
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US Rail Freight Sees Coal Oil Gains Amid Container Decline

US Rail Freight Sees Coal Oil Gains Amid Container Decline

According to the Association of American Railroads, U.S. rail freight traffic showed mixed results for the week ending March 4th. While total carloads decreased year-over-year, shipments of commodities like coal and petroleum increased. However, container traffic experienced a significant decline, weighing down overall freight volume. Year-to-date, both U.S. and North American rail freight volumes have slightly decreased. The future trajectory remains uncertain, presenting both challenges and opportunities for the rail freight industry.

01/20/2026 Logistics
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