Customs Key to Achieving Sustainable Development Goals

Customs Key to Achieving Sustainable Development Goals

At the Fourth United Nations Conference on Financing for Development, the World Customs Organization highlighted the pivotal role of customs as a bridge in international development. It promotes legitimate trade, safeguards public safety, and advances the achievement of sustainable development goals. The organization called for strengthened collaboration between governments and the private sector to address the challenges posed by globalization.

08/08/2025 Logistics
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Pakistans Panjgur Airport Eyes Transport Growth Development

Pakistans Panjgur Airport Eyes Transport Growth Development

Panjgur Airport (PJG), a medium-sized airport in Pakistan, currently has routes primarily connecting to Karachi. Despite challenges such as limited information and a narrow range of flights, the airport holds potential for future expansion due to its geographical advantages and potential infrastructure development, which could further stimulate regional economic growth.

08/08/2025 Airport Codes
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Eurasian Development Bank Enhances Secure SWIFT Transfers

Eurasian Development Bank Enhances Secure SWIFT Transfers

Understanding the SWIFT code of the Eurasian Development Bank is crucial for smooth international remittances. Users can obtain information through the official website or customer service. If a branch is not listed, remittances can still be completed using the headquarters code. It is essential to inform the remitter of the SWIFT code accurately to ensure the security of funds.

08/15/2025 International Settlement
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Merlo Airport Boosts Regional Development in Argentina

Merlo Airport Boosts Regional Development in Argentina

Merlo Airport (RLO), also known as Valle del Conlara International Airport, is located in Merlo, San Luis Province, Argentina. As a non-customs airport, it primarily serves domestic air transport, promoting regional economic development. It handles cargo transportation, supports general aviation activities, and contributes to the local tourism industry. The airport plays a vital role in connecting Merlo and the surrounding areas to other parts of Argentina, facilitating trade and travel within the country.

09/29/2025 Airport Codes
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Understanding Fixed Expenses in Shipping A Comprehensive Analysis of Its Composition and Importance

Understanding Fixed Expenses in Shipping A Comprehensive Analysis of Its Composition and Importance

This article provides a detailed analysis of the components of fixed costs for vessels, including crew wages, employee benefits, lubricants, materials, depreciation, repair costs, insurance, taxes, and expenses incurred during non-operational periods. It also explores the specifics of shared costs and other fixed expenses, emphasizing the importance of effective management and allocation of these costs in enhancing the economic efficiency of the shipping industry.

07/22/2025 Logistics Encyclopedia
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Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

The container shipping market is facing a dual challenge of declining demand and rapid capacity growth. An estimated 5 million TEUs of new ships are expected to be delivered over the next two years, leading to the highest capacity growth in 20 years, while freight rates continue to plummet, increasing market risks. Although there remains a willingness to pay for some capacity, factors such as global economic slowdown and rising inflation create significant uncertainty for future trends. Industry experts warn that the sector must seek transformation under pressure to enhance competitiveness.

07/22/2023 Logistics Industry Insights
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Global Shipping Market Freight Rate Survey Challenges and Opportunities in a New Pattern

Global Shipping Market Freight Rate Survey Challenges and Opportunities in a New Pattern

This article provides an in-depth analysis of the fluctuations in global shipping market freight rates from late August to September, covering routes from China to Latin America, Europe, North America, East Africa, and Southeast Asia. It reveals the challenges and opportunities across various routes, offering crucial market insights for shippers and logistics professionals.

08/19/2024 Logistics Industry Insights
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July 2024 Comprehensive Analysis and Trend Outlook for China's Export Container Shipping Market

July 2024 Comprehensive Analysis and Trend Outlook for China's Export Container Shipping Market

In July 2024, China's export container transportation market showed stable improvement with an overall increase in freight rates, as the freight index for major routes generally rose. Despite ongoing challenges affecting the European and North American markets, port throughput has been trending upwards, and the ship leasing market remains active, demonstrating the resilience and potential of the container shipping market.

08/20/2024 Logistics Industry Insights
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Emergency Notice Significant Increase in Shipping Fees Get Informed About the New Policy

Emergency Notice Significant Increase in Shipping Fees Get Informed About the New Policy

Hapag-Lloyd announced that starting August 28, 2024, the GRI fees for shipping from Asia to South America and the West Coast will increase by $2,000. Additionally, a peak season surcharge will be imposed on container cargo from the Far East to Australia. This adjustment in policy occurs amidst frequent fluctuations in current market freight rates and has garnered widespread attention.

08/26/2024 Logistics
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