Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

The Swiss SECO, in collaboration with the WCO, has launched the "Global Trade Facilitation Programme" with an investment of 5.5 million Swiss francs. This initiative aims to enhance trade competitiveness and integration into the global economy for developing and transition countries, fostering sustainable development. The programme focuses on organizational capacity building, technical assistance, and WCO capacity building support. Bolivia, Colombia, Peru, and Uzbekistan are among the first countries to benefit from this project.

Kroger Invests 400M in Kentucky Logistics Hub

Kroger Invests 400M in Kentucky Logistics Hub

Kroger plans to invest nearly $400 million in Franklin, Kentucky, to build a high-tech distribution center. This initiative aims to enhance supply chain efficiency, optimize store replenishment capabilities, and create approximately 430 jobs in the local community. This project is a key component of Kroger's supply chain transformation strategy, demonstrating its commitment to community engagement and social responsibility. It also reflects Kroger's determination to innovate and adapt in a highly competitive market.

01/15/2026 Logistics
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Lima Airport Expansion Nears Completion Eyes South American Hub Status

Lima Airport Expansion Nears Completion Eyes South American Hub Status

The Peruvian government has rejected a request to modify the Lima airport expansion plan, insisting on the original design. This aims to increase airport capacity, improve service quality, and enhance technological capabilities. The project seeks to reposition Peru as a leading aviation hub in South America and stimulate national economic growth. This decision has received support from the airport operator and users, who see it as crucial for future development and connectivity.

Construction Firms Tackle Soaring Costs Amid Supply Chain Crisis

Construction Firms Tackle Soaring Costs Amid Supply Chain Crisis

The construction industry is grappling with soaring raw material prices. Multiple factors, including the pandemic, supply chain bottlenecks, trade policies, and natural disasters, have caused significant price increases in key construction materials like steel and lumber, impacting project costs and timelines. Construction companies should adopt strategies such as material substitution, shortening bid validity periods, and negotiating contract terms. Embracing innovative technologies like lean construction and prefabricated building is also crucial to navigate this 'cost winter'.

Nicaragua Boosts Trade Efficiency with Customs Reforms

Nicaragua Boosts Trade Efficiency with Customs Reforms

Nicaragua, with the support of the World Customs Organization, hosted a Time Release Study (TRS) workshop. The aim was to identify and address trade bottlenecks through the TRS methodology, thereby improving customs clearance efficiency. This event is part of the WCO-Norwegian Development Cooperation Agency's Customs Capacity Building Project and complements Nicaragua's Authorized Economic Operator (AEO) pilot program. Both initiatives are dedicated to enhancing supply chain security and efficiency, ultimately promoting trade facilitation.

WCO and UNCTAD Partner to Enhance Ghanas Trade Facilitation

WCO and UNCTAD Partner to Enhance Ghanas Trade Facilitation

The World Customs Organization (WCO) and UNCTAD are jointly empowering trade facilitation in Ghana through capacity-building workshops, experience sharing, and project proposal preparation. This initiative aims to help Ghana simplify trade procedures and improve trade efficiency. Funded by HM Revenue & Customs (HMRC), the collaboration supports Ghana's economic development and its ambition to become a regional trade hub. The focus is on streamlining processes and enhancing Ghana's ability to participate effectively in global trade.

Amazon Officially Launches Air Cargo Business in Europe to Enhance Logistics Delivery Services

Amazon Officially Launches Air Cargo Business in Europe to Enhance Logistics Delivery Services

Amazon officially launched its air freight business in Europe, marking its first air transport project outside the United States. The new air cargo center is located at Leipzig/Halle Airport in Germany and boasts strong operating capabilities and extensive logistics options. This move aims to reduce dependence on courier companies while continually expanding freight capacity through its own air network. Amazon's air fleet has now reached 70 aircraft, signifying an important step in enhancing logistics delivery services.

07/22/2025 Logistics
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Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder partners with Terminal Industries to optimize logistics yard operations using AI technology. The pilot project leverages computer vision and machine learning to achieve precise vehicle information recognition and automated inventory capture, significantly improving efficiency and reducing costs. The collaboration plans to translate the pilot experience into commercial applications, leading the intelligent transformation of the logistics industry. This approach aims to streamline processes, enhance visibility, and ultimately create a more efficient and cost-effective supply chain ecosystem.

11/03/2025 Logistics
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WCO Shifts Focus to Capacity Building Amid Economic Strains

WCO Shifts Focus to Capacity Building Amid Economic Strains

A high-level working group meeting of the World Customs Organization (WCO) explored customs capacity building in the context of the global economic situation. The meeting reviewed project progress and planned the functions of the new committee, aiming to contribute to the development of customs worldwide. Discussions focused on enhancing efficiency and effectiveness of customs administrations to facilitate trade and ensure security, aligning with the WCO's commitment to supporting its members in adapting to evolving global challenges.

Prologis Reports Rising Demand in Logistics Real Estate

Prologis Reports Rising Demand in Logistics Real Estate

The Prologis IBI index indicates a turning point in logistics real estate demand in Q3, with increases in net absorption, new lease signings, and project pipelines. The report analyzes the drivers behind this demand recovery, including customer actions, improved utilization rates, and a more favorable market environment. While vacancy rates are expected to remain stable in the short term, the market is projected to tighten in the long term as new supply decreases, potentially leading to accelerated rental growth.