Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

The General Administration of Customs has signed a memorandum of cooperation with the Ningbo Shipping Exchange to promote the research of the Maritime Silk Road Trade Index and the Export Leading Index. This initiative aims to provide data support for small and medium-sized enterprises and government decision-making, while also aiding the research and analysis of the global trade situation.

07/24/2025 Logistics
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GS1 Standards Simplify Customs Boost Global Trade Efficiency

GS1 Standards Simplify Customs Boost Global Trade Efficiency

GS1 global standards are facilitating the standardization, digitalization, and unification of customs product classification, addressing existing complexities, inefficiencies, and conflicts. Utilizing key elements like GTIN, GPC, and GDSN, and incorporating China's pioneering practices of linking GTIN with HS codes, pilot projects have shown initial success. Moving forward, GS1 will continue to strengthen cooperation, promote standardized product classification, and facilitate global trade.

Global Customs Crackdown Nets 213 Million Fake Goods

Global Customs Crackdown Nets 213 Million Fake Goods

Operation TIGRE 3, a joint customs initiative, seized 21.3 million counterfeit and pirated items worldwide. Coordinated by the World Customs Organization, the operation involved customs administrations globally using risk analysis and international cooperation to effectively combat the cross-border flow of fake goods. This action significantly contributes to cleaning up the market environment, protecting intellectual property rights, and safeguarding consumer interests.

Guatemala Customs Boosts Modernization With Leadership Training

Guatemala Customs Boosts Modernization With Leadership Training

Guatemalan Customs, with the support of the World Customs Organization, held a leadership and management development workshop. The aim was to enhance self-awareness, personnel management, and change innovation capabilities among senior officials, thereby promoting customs modernization. This event is part of a global trade facilitation project, highlighting the importance of international cooperation in building customs capacity in developing countries.

WCO and GS1 Collaborate to Enhance Global Trade Data Standards

WCO and GS1 Collaborate to Enhance Global Trade Data Standards

The World Customs Organization (WCO) collaborates with GS1 to build a more secure, efficient, and transparent global trade ecosystem through data-driven solutions. Their cooperation spans data standardization, risk management, and technological innovation, addressing global trade challenges and enhancing trade facilitation. This partnership aims to contribute to global economic prosperity by promoting streamlined processes and improved security measures within international trade.

Guatemalas Aviation Sector Faces Growth and Challenges

Guatemalas Aviation Sector Faces Growth and Challenges

Guatemala's aviation market, while experiencing passenger volume below the regional average, possesses significant growth potential. Passenger numbers in 2024 have already surpassed pre-pandemic levels of 2019. To achieve its 2034 passenger volume targets, Guatemala needs to improve infrastructure, optimize airspace management, attract investment, and strengthen regional cooperation. Addressing these challenges is crucial for realizing sustainable growth in the Guatemalan aviation sector.

Avian Flu Worsens Inflation Strains Hormels Turkey Supply

Avian Flu Worsens Inflation Strains Hormels Turkey Supply

The avian influenza outbreak significantly impacted Hormel's turkey business, causing an 80% drop in sales. Supply chain disruptions led to price increases. The company is actively responding by adjusting sales strategies and strengthening biosecurity measures. This outbreak not only affects corporate performance but also impacts consumers and the overall economy, highlighting the importance of strengthened cooperation and joint response efforts.

West Africa Customs Modernization Enhances Revenue Training

West Africa Customs Modernization Enhances Revenue Training

The West African Customs Administration Modernization (WACAM) project, funded by the Swedish International Development Cooperation Agency (SIDA), aims to enhance customs management in West Africa through regional workshops and national support. A recent resource mobilization workshop received positive feedback, and future efforts will focus on stakeholder relations. This initiative contributes to improving customs efficiency and promoting regional economic development in West Africa.

Ocean Freight Rates Surge Amid Uschina Trade Strain

Ocean Freight Rates Surge Amid Uschina Trade Strain

The surge in China-US ocean freight rates stems from pandemic-induced supply-demand imbalances, leading to reduced shipping capacity, port congestion, and surging demand. This intensifies cost pressures on exporters, drives up consumer prices, and disrupts supply chains. Mitigation strategies include increasing shipping capacity, optimizing port operations, strengthening international cooperation, and promoting digital transformation to stabilize the global trade chain.

01/15/2026 Logistics
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Biden Weighs Easing China Tariffs to Curb Inflation

Biden Weighs Easing China Tariffs to Curb Inflation

The Biden administration is considering lifting Trump-era tariffs on China, potentially to ease inflation and repair US-China relations. Removing tariffs could lower the cost of Chinese imports, boost the competitiveness of American businesses, and create a more favorable environment for cooperation in other areas. However, the final outcome remains uncertain, and the future of US-China trade relations is still evolving.