WTO Clarifies undertaken in Customs Rules to Ensure Fair Trade

WTO Clarifies undertaken in Customs Rules to Ensure Fair Trade

In 1983, the Customs Valuation Committee clarified that the term "undertaken" in Article 8 of the Customs Valuation Agreement should be interpreted as "carried out" in the English context. This interpretation aimed to standardize understanding and prevent trade disputes arising from linguistic differences. However, this clarification does not affect the French and Spanish versions of the Agreement. The ruling emphasizes the importance of consistent interpretation in international trade agreements to ensure fair and predictable application across different language versions.

01/30/2026 Customs Knowledge
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Amazon Expands Air Cargo Capacity with New Lease Agreement

Amazon Expands Air Cargo Capacity with New Lease Agreement

Amazon has recently signed an agreement with Atlas Air to lease 20 Boeing 767 planes to enhance its package delivery capabilities. Additionally, the company will gain the option to purchase nearly 30% equity, indicating its ongoing expansion of control in air transportation. This marks Amazon's second collaboration with an airline this year, highlighting its strategy to reduce reliance on traditional courier services while improving delivery efficiency in a competitive market.

07/28/2025 Logistics
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Trumps Potential Return Stirs Paris Agreement Uncertainty for Businesses

Trumps Potential Return Stirs Paris Agreement Uncertainty for Businesses

The potential return of Trump and a renewed US withdrawal from the Paris Agreement poses several challenges for businesses. These include policy uncertainty, supply chain sustainability pressure, the need for technological innovation and green transition, and increased scrutiny of corporate social responsibility and brand image. To address these challenges and capitalize on green transition opportunities, companies should develop scenario planning, diversify investments, strengthen supply chain assessment and collaboration, increase investment in environmental technology R&D, define a clear CSR strategy, and actively participate in public welfare activities.

01/08/2026 Logistics Industry Insights
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US Paris Agreement Shifts Challenge Businesses in Green Transition

US Paris Agreement Shifts Challenge Businesses in Green Transition

The US's renewed withdrawal from the Paris Agreement has raised concerns among businesses regarding green transformation strategies. This article reviews the core tenets of the Paris Agreement, analyzes the rationale behind the Trump administration's withdrawal, and explores how companies can maintain long-term goals amidst uncertainty. It emphasizes embracing technological innovation, enhancing information disclosure, and ultimately achieving sustainable development despite the shifting political landscape. The focus is on proactive measures businesses can take to navigate climate change risks and opportunities.

01/07/2026 Logistics Industry Insights
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US Imports Rise Amid Tariff Fears Despite Labor Agreement

US Imports Rise Amid Tariff Fears Despite Labor Agreement

The National Retail Federation reports a surge in US imports driven by anticipated tariff increases, despite a port labor agreement. Retailers are front-loading shipments to mitigate potential costs, causing a short-term import volume spike. The report forecasts import trends in the coming months and highlights uncertainties in supply chain management. This proactive approach aims to cushion businesses from the financial impact of tariffs, leading to temporary fluctuations in import figures.

01/22/2026 Logistics
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IATA Accreditation Guide for Cargo Agents in St Martin

IATA Accreditation Guide for Cargo Agents in St Martin

This article provides a detailed interpretation of the mandatory and optional requirements for applying for IATA freight forwarding accreditation in St. Maarten. It covers aspects such as the accreditation application, company registration documents, bank guarantee, professional qualification certificates, financial contact information, financial standards agreement, financial statements, office lease agreement, and tax identification number. Furthermore, it offers strategies for successfully obtaining IATA accreditation and emphasizes the significant value of IATA accreditation for freight forwarding companies.

01/26/2026 Logistics Encyclopedia
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Precise Interpretation Of Logistics Operations Your New Supply Chain Guide

Precise Interpretation Of Logistics Operations Your New Supply Chain Guide

This article delves into the core concepts and important classifications of logistics, highlighting the significance of documents required for transportation and shipping, as well as the importance of customs compliance in cross-border logistics. By analyzing these key factors, businesses can better formulate supply chain management strategies and enhance their market competitiveness.

07/23/2025 Logistics
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Freight Forwarding Accreditation Expands in Dutch Caribbean

Freight Forwarding Accreditation Expands in Dutch Caribbean

This article provides a detailed interpretation of the ten key IATA requirements for freight forwarder accreditation in Bonaire, Saba, and St. Eustatius. These include the application form, articles of incorporation, bank guarantee (optional), freight forwarding basic certificate, dangerous goods regulations certificate, financial contact form, financial standards agreement (optional), financial statements, headquarters lease agreement, and tax identification number. It helps clarify the process, prepare efficiently, and successfully obtain accreditation, paving the way for business opportunities in the Caribbean.

01/20/2026 Logistics Encyclopedia
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