Switzerland WCO Aid Bolivias Customs Modernization for Trade

Switzerland WCO Aid Bolivias Customs Modernization for Trade

The WCO conducted an assessment of Bolivia Customs' implementation of the Mercator Agreement, recommending improvements in areas such as risk management and advance rulings. Bolivia expressed its gratitude and appreciation for the recommendations. The assessment highlighted the need for enhanced efficiency and transparency in customs procedures to further facilitate trade and economic growth. Bolivia acknowledged the value of the WCO's expertise and committed to implementing the suggested improvements to strengthen its customs operations and better align with international standards. This collaboration underscores the importance of international cooperation in promoting trade facilitation.

01/26/2026 Customs Knowledge
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Global Trade Initiative Extended to Boost Sustainable Growth

Global Trade Initiative Extended to Boost Sustainable Growth

The Global Trade Facilitation Programme (GTFP), jointly launched by the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been officially extended for another year. The program aims to simplify trade procedures, enhance transparency, strengthen international cooperation, and build capacity to promote global trade development. This extension provides beneficiary countries with more opportunities to further advance trade facilitation reforms and improve their competitiveness in global trade. It allows for continued support in streamlining customs processes and fostering a more efficient and predictable trading environment.

01/26/2026 Customs Knowledge
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New Global Guidelines Clarify Customs Valuation of Franchise Fees

New Global Guidelines Clarify Customs Valuation of Franchise Fees

The World Customs Organization issued a new advisory opinion clarifying that franchise fees should not be included in the customs valuation of imported goods under specific circumstances. Originating from a Mexican case and confirmed by the Technical Committee on Customs Valuation, this opinion aims to reduce import costs for businesses and enhance customs valuation transparency. Companies should study the opinion, assess their franchise agreements, and communicate with customs authorities to ensure valuation compliance and capitalize on trade opportunities. This helps in correctly determining the dutiable value and avoiding potential penalties.

01/26/2026 Customs Knowledge
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Amazon US Freight Key Strategies to Avoid Pitfalls Boost Efficiency

Amazon US Freight Key Strategies to Avoid Pitfalls Boost Efficiency

This article provides an in-depth analysis of the three primary shipping modes for Amazon US Line (international express, air freight line, and sea freight line), offering detailed guidance on avoiding common pitfalls and selecting optimal channels. It emphasizes crucial criteria such as customs clearance capabilities, service type matching, last-mile delivery stability, price transparency, company qualifications and reputation, cargo tracking, and after-sales service. The goal is to assist sellers in choosing the most suitable shipping solution to ensure their goods are delivered to FBA warehouses safely, quickly, and cost-effectively.

01/26/2026 Logistics
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New Strategies Boost Visibility in Multimodal Supply Chains

New Strategies Boost Visibility in Multimodal Supply Chains

This paper explores achieving 100% supply chain transparency through the implementation of a control tower. It addresses overcoming real-time update obstacles, quantifying the benefits of advanced tracking, and leveraging TMS integration for automated visibility. The paper emphasizes that supply chain visibility is more than just knowing the location of goods; it's about using data insights to gain a competitive advantage. Key to this is building a robust control tower that provides a single source of truth for all supply chain activities, enabling proactive decision-making and improved operational efficiency.

01/26/2026 Logistics Industry Insights
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Digital Freight Networks Boost Supply Chain Efficiency

Digital Freight Networks Boost Supply Chain Efficiency

Convoy's digital freight network provides comprehensive supply chain visibility. By collecting over 1,000 data points, it empowers shippers to optimize operational spending, improve facility performance, reduce carbon emissions, and become shippers of choice. The network helps businesses lower costs, increase efficiency, and achieve sustainable development through real-time tracking, intelligent pricing, and optimized routing. Convoy enables data-driven decisions for improved supply chain performance and resilience.

01/26/2026 Logistics Industry Insights
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