The WCO and JICA are conducting a Customs Risk Management Master Trainer Program (MTP) in the Central Asia and Caucasus region to enhance regional self-training capabilities. The second phase of the activity was held in Kazakhstan, focusing on lecturing skills and experience sharing. This initiative aims to strengthen customs risk management practices and promote sustainable training expertise within the region.
The second phase of the SECO-WCO Global Trade Facilitation Programme has been launched in Morocco, aiming to enhance the risk management capabilities of Moroccan Customs through the introduction of AI and ML technologies. The project encompasses technical assistance, capacity building, and strategic planning, with the goal of building a smarter, more efficient customs system that promotes trade facilitation and economic development. The WCO will continue to provide support, assisting Morocco in achieving customs intelligence upgrades.
Roborock's profit decline is not accidental but a temporary challenge under its global expansion strategy. The company aims to significantly improve profitability by increasing the proportion of high-margin products, optimizing the supply chain, and strengthening technological innovation. Currently, Roborock maintains the leading global market share, with overseas revenue exceeding half of its total revenue. The related work for its Hong Kong stock listing is progressing in an orderly manner.
This article explores the importance of warehouse risk management, discussing methods of assessment and key points of risk identification. It outlines the steps for developing management plans and measures, as well as ways to enhance employee safety awareness. The aim is to assist businesses in ensuring warehouse safety and the continuity of operations.
The WCO and JICA collaborated to enhance customs risk management capabilities in the Central Asia and Caucasus region. A training program was held in Georgia to develop Master Trainers, aiming to ensure the smooth operation of the 'Middle Corridor'. This initiative focuses on strengthening regional customs expertise and facilitating efficient trade flows along this crucial trade route. The program supports improved risk assessment and management practices within customs administrations, contributing to secure and efficient border procedures.
The US freight market faces challenges from slowing demand and overcapacity. The potential UPS strike and Yellow's bankruptcy add further uncertainty. The report analyzes the current state of various transportation modes, emphasizing that shippers should closely monitor market dynamics, collaborate with multiple carriers, optimize transportation networks, and strengthen risk management. By diversifying carrier relationships and proactively managing potential disruptions, shippers can navigate the volatile market and mitigate the impacts of these challenges.
A cargo truck in Guangzhou was claimed for 188,000 RMB after scraping a tree branch, raising concerns about risks in foreign trade transportation. This article analyzes the incident, emphasizing the importance of purchasing sufficient insurance, familiarizing oneself with routes, strengthening communication and coordination, and retaining evidence. It aims to help foreign trade practitioners avoid similar risks and protect their own interests. By understanding potential liabilities and implementing preventative measures, businesses can minimize financial losses and ensure smoother transportation processes.
This article discusses the key information and terms of the bill of lading in international logistics, emphasizing the legal relationship and risk management between carriers and merchants. It clarifies the division of responsibilities to mitigate commercial risks.
This article provides an in-depth interpretation of the IMDG Code's Special Provision P903, focusing on the core requirements for lithium battery export packaging. It details crucial aspects such as preventing shocks and displacement, the integration of equipment and batteries, and preventing accidental activation and short circuits. The importance of Watt-hour rating labels, prohibition of limited quantity packaging, and specific markings are also emphasized. This article allows readers to comprehensively understand the compliance requirements for lithium battery sea freight packaging, ensuring the safe and smooth delivery of goods to their destination.
The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.
