WCO Backs Trade Growth for Landlocked Nations

WCO Backs Trade Growth for Landlocked Nations

The World Customs Organization (WCO) reaffirms its commitment to the Vienna Programme of Action (VPoA), assisting Landlocked Developing Countries (LLDCs) in overcoming geographical constraints and achieving trade facilitation and economic transformation through simplified customs procedures, capacity building, and international cooperation. WCO's specific actions include developing standards, implementing projects, issuing guidelines, and establishing a pool of experts. These efforts aim to build an efficient, transparent, and secure global trade environment, jointly promoting the sustainable development of LLDCs.

01/05/2026 Customs Knowledge
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Bangladesh Enhances Trade Efficiency with Wcobacked Study

Bangladesh Enhances Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) Global Trade Facilitation Programme (GTFP) held a strategic dialogue with the National Board of Revenue (NBR) of Bangladesh in February 2021 to strengthen Bangladesh's Time Release Study (TRS) capabilities. The meeting reviewed Bangladesh Customs' TRS experience and developed a future action plan to improve clearance efficiency and promote trade facilitation. The aim is to streamline processes and reduce the time required for goods to be released from customs control, ultimately boosting trade competitiveness.

01/05/2026 Customs Knowledge
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WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

01/05/2026 Customs Knowledge
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Global Trade Guide Mastering Customs Clearance Policies

Global Trade Guide Mastering Customs Clearance Policies

This article provides a comprehensive guide for cross-border e-commerce sellers and foreign trade practitioners to find information on customs clearance policies in target markets. It covers various channels, including customs websites, e-commerce platforms, industry associations, customs brokers, logistics providers, and embassies/consulates. The article emphasizes the importance of verifying information to avoid trade risks and improve operational efficiency. By utilizing these resources and practicing due diligence, businesses can navigate international trade regulations more effectively.

01/05/2026 Customs Knowledge
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Europe Adapts Trade Strategies in Postpandemic Economy

Europe Adapts Trade Strategies in Postpandemic Economy

The FWD21 Europe video discussion unveils emerging trends in European trade in the post-pandemic era. Experts analyze the impact of key factors like supply chains, geopolitics, and digital transformation. The discussion emphasizes the need for businesses to be agile and adaptable, embrace digitalization, and prioritize sustainable development to seize opportunities and address challenges. Companies must leverage digital tools and strategies to navigate the evolving landscape and maintain competitiveness in the new normal. The focus is on building resilient and future-proofed trade practices.

01/05/2026 Logistics Industry Insights
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Flexport Report Reveals Key Global Trade Trends

Flexport Report Reveals Key Global Trade Trends

Flexport Research leverages proprietary and third-party data to provide in-depth freight market and economic research, analyzing shocks to global supply chains. Its core indicators include the Ocean Timeliness Indicator (OTI), Post-Pandemic Indicators, and trade activity forecasts. The goal is to help clients, partners, and the broader industry better understand market dynamics and inform future decision-making. By providing insights into key trends and disruptions, Flexport Research aims to empower stakeholders to navigate the complexities of global trade and supply chains effectively.

01/05/2026 Logistics Industry Insights
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Cbps Nonintrusive Inspection Boosts Crossborder Trade Efficiency

Cbps Nonintrusive Inspection Boosts Crossborder Trade Efficiency

CBP's Non-Intrusive Inspection (NII) utilizes technologies like X-ray to quickly scan containers for contraband without opening them, enhancing customs inspection efficiency and reducing costs for businesses. NII is a crucial component of CBP's layered enforcement strategy, working in conjunction with initiatives like C-TPAT to ensure secure and efficient cross-border trade. This technology allows for faster processing and minimizes disruptions to the supply chain while maintaining a high level of security against illegal activities.

01/06/2026 Customs Knowledge
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Ebay Expands Seller Support for Crossborder Trade

Ebay Expands Seller Support for Crossborder Trade

This article provides an in-depth analysis of eBay's latest support and subsidy policies, including reward systems for industrial belt sellers, exclusive benefits offered by the Thousand Sails Program for brand sellers, and various measures to reduce operating costs. It aims to help sellers understand and fully utilize these policies, improve operational capabilities, and seize cross-border e-commerce opportunities. The article highlights how these initiatives are designed to empower sellers and foster growth within the eBay ecosystem.

01/06/2026 Logistics Industry Insights
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Port Everglades Struggles As Postpandemic Trade Slows

Port Everglades Struggles As Postpandemic Trade Slows

Everglades Port container volume decreased by 14% year-over-year in August, marking the sixth consecutive month of decline, reflecting the trend of trade normalization in the post-pandemic era. Contributing factors include the global economic slowdown, easing supply chain bottlenecks, increased competition, and changing consumer demand. The port needs to address these challenges through diversified operations, improved efficiency, strengthened partnerships, and proactive marketing strategies. This decline highlights the evolving landscape of global trade and the need for ports to adapt to maintain competitiveness.

01/16/2026 Logistics
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Oakland Port Slump Signals Global Trade Slowdown

Oakland Port Slump Signals Global Trade Slowdown

Oakland Port's cargo volume decreased by 7% year-on-year in September, also showing a downward trend compared to the previous month, reflecting reduced import volumes from retailers and manufacturers. The global economic downturn, inventory strategy adjustments, and geopolitical risks are the main contributing factors. This phenomenon raises concerns about global trade, urging businesses to cautiously navigate market changes. The decline serves as a warning sign, highlighting the need for adaptability in the face of evolving economic conditions and potential disruptions.

01/16/2026 Logistics
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