HS Codes Boost Circular Economy Through Trade Harmonization

HS Codes Boost Circular Economy Through Trade Harmonization

A WCO seminar explored optimizing HS codes to more accurately reflect the life cycle of materials like plastics, metals, and wood. The aim is to support environmentally sustainable trade and the circular economy. Discussions focused on how refined HS classifications can better track and manage resources throughout their lifespan, promoting reuse, recycling, and reduced waste. This initiative aligns with global efforts to foster a more sustainable and resource-efficient global trading system and facilitate the implementation of green customs practices.

02/03/2026 HS Code Query
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WCO and WTO Boost Trade Facilitation Leadership Globally

WCO and WTO Boost Trade Facilitation Leadership Globally

The World Customs Organization (WCO) collaborates closely with the World Trade Organization (WTO) to empower chairs of national trade facilitation committees through initiatives like advanced courses. This partnership aims to enhance their understanding and implementation capabilities regarding the WTO's Trade Facilitation Agreement. The collaboration focuses on simplifying customs procedures, improving border management efficiency, and promoting transparency and sustainable development in global trade. Ultimately, this joint effort contributes to global economic growth by fostering a more streamlined and efficient international trading system.

02/03/2026 Customs Knowledge
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Drone Industry to Boom with Policy Backing Tech Advances

Drone Industry to Boom with Policy Backing Tech Advances

The drone industry is poised for significant growth by 2026, driven by favorable policies, technological breakthroughs, and market expansion. The implementation of regulations like the *Civil Aviation Law* provides a foundation for industry development. Continuous technological innovation is expanding application scenarios, with burgeoning use in logistics, agriculture, culture, and tourism. The drone industry is rapidly advancing towards a trillion-yuan market, becoming a core engine of the low-altitude economy. This convergence of factors positions the drone sector for substantial and sustained prosperity.

02/03/2026 Logistics Industry Insights
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ATA Data Shows Freight Market Growth Potential in Second Half

ATA Data Shows Freight Market Growth Potential in Second Half

The American Trucking Associations (ATA) reported a decrease in freight tonnage for June, but experts believe this is a short-term fluctuation. They maintain that the underlying economic fundamentals are solid, with factors like declining inventories and manufacturing improvements expected to drive growth in the second half of the year. The industry anticipates more opportunities from the peak season and ELD implementation. Logistics companies should monitor market dynamics, optimize operations, expand their businesses, and strengthen collaborations to seize these opportunities.

02/04/2026 Logistics
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US Imports Hit Record High in 2024 Amid Tariff Uncertainty

US Imports Hit Record High in 2024 Amid Tariff Uncertainty

S&P Global Market Intelligence reports that US imports maintained strong growth in 2024 despite tariff risks, attributed to early stockpiling and strike concerns. However, with the implementation of tariff policies, US imports may face a decline in 2025. Businesses need to adjust their strategies to address the challenges posed by these policies. The report highlights the resilience of the US import market in the short term but signals potential headwinds in the coming year due to evolving trade dynamics.

02/04/2026 Logistics Industry Insights
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Etsy Restores China Sellers After DAC7 Compliance Issue

Etsy Restores China Sellers After DAC7 Compliance Issue

Etsy's DAC7 policy requires sellers to confirm their information, causing issues for established mainland China shops due to tax ID problems. After communication with Etsy, they acknowledged a technical issue and restored the shop, advising that confirmation is temporarily unnecessary. This article analyzes the cause of the problem, proposes coping strategies, and recommends sellers pay attention to policies, actively communicate with Etsy, and join relevant communities. This helps navigate potential disruptions caused by the DAC7 implementation and ensures continued operation on the platform.

02/05/2026 Logistics Industry Insights
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Green Methanol Emerges As Key to Shipping Decarbonization

Green Methanol Emerges As Key to Shipping Decarbonization

Northeast Securities analysis indicates that new global shipping emission reduction regulations are driving demand for green methanol fuel. Resource control, project implementation capabilities, and compliance certification experience are key to corporate competition. Utilizing localized low-carbon resources for methanol production is a more accessible supply route. However, the industry still faces multiple risks, including policy, regulations, and raw material prices. These factors will significantly influence the adoption and scalability of green methanol as a viable alternative fuel for the shipping industry.

02/05/2026 Logistics Industry Insights
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Power BI Custom Solutions Boost Business Data Analytics

Power BI Custom Solutions Boost Business Data Analytics

This report outlines the comprehensive technical support offered by the Power BI professional services team. Our services cover key areas such as visual report design, customized report development, data model construction, DAX formula optimization, data cleansing and integration, project consulting and training, and system deployment. We aim to help businesses fully leverage the Power BI platform, unlock the value of their data, and drive business growth. We provide end-to-end solutions to ensure successful Power BI implementation and utilization.

02/05/2026 Logistics Encyclopedia
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Global Trade to Fully Digitalize by 2027 Under Ataistanbul Convention

Global Trade to Fully Digitalize by 2027 Under Ataistanbul Convention

The ATA/Istanbul Convention Conference is accelerating the digitalization of temporary admissions, aiming for full implementation by 2027. The e-ATA transformation has begun, with successful pilot programs in the UK and Switzerland, leading to smarter and more efficient trade. This shift promises streamlined processes and reduced paperwork, ultimately boosting international commerce by leveraging digital technologies for customs procedures related to ATA Carnets. The move towards e-ATA represents a significant step in modernizing and simplifying temporary import/export operations globally.

02/05/2026 Customs Knowledge
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Eswatini Enhances Trade with Workforce Development

Eswatini Enhances Trade with Workforce Development

Eswatini is enhancing the professionalism of its customs workforce by building a modern, competency-based human resource management system to drive trade facilitation. The World Customs Organization (WCO) provided expert diagnosis and support, and the Eswatini Revenue Authority (SRA) has committed to adopting the principles and developing an implementation plan. This initiative aims to remove trade barriers, improve efficiency, and ultimately promote national economic development. The focus on talent development within the customs administration is crucial for achieving sustainable trade facilitation outcomes.

02/05/2026 Customs Knowledge
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