Maritime Supply Chains Face Postpandemic Challenges IHS Markit

Maritime Supply Chains Face Postpandemic Challenges IHS Markit

IHS Markit's expert Paul Bingham offers an in-depth analysis of the challenges and opportunities facing the maritime shipping supply chain in the post-pandemic era. He examines the balance between capacity, cost, and efficiency, highlighting key trends such as ultra-large vessels and industry consolidation. Bingham emphasizes the importance of enhanced freight visibility, supply chain network redesign, and the utilization of risk modeling tools for logistics managers to navigate future market uncertainties. These strategies are crucial for mitigating supply chain risks and optimizing capacity management in the evolving maritime shipping market.

01/26/2026 Logistics Industry Insights
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Samoa Enhances Trade with Modernized Customs System

Samoa Enhances Trade with Modernized Customs System

The World Customs Organization (WCO) is assisting Samoa in improving cross-border trade efficiency. Through workshops coordinating border management, the WCO promotes inter-agency cooperation, shares best practices, and provides tool support. This initiative aims to help Samoa create an efficient and convenient cross-border trade environment, ultimately fostering economic prosperity. The workshops focus on streamlining procedures and enhancing collaboration among various government agencies involved in trade, leading to reduced delays and improved trade flows. Samoa's commitment to these reforms is expected to significantly boost its economic competitiveness.

01/26/2026 Customs Knowledge
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WCO Data Model Aims to Streamline Global Trade Processes

WCO Data Model Aims to Streamline Global Trade Processes

The WCO Data Model and Information Management Conference achieved significant results. It improved the data model, enhanced information security, and contributed to the global digital transformation of trade, thereby improving trade efficiency. The conference focused on streamlining data standards and promoting secure information exchange to facilitate seamless cross-border transactions. The outcomes are expected to accelerate the adoption of digital solutions in customs procedures and foster greater collaboration among stakeholders in the international trade ecosystem. Ultimately, this will lead to faster, more secure, and more efficient global trade.

01/26/2026 Customs Knowledge
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GAO to Review Controversial Trucking Hour Rule Changes

GAO to Review Controversial Trucking Hour Rule Changes

The House Transportation Committee has called for a GAO review of the new hours-of-service (HOS) regulations for truck drivers, questioning its data foundation and impact on the industry. The 34-hour restart provision is a key point of contention, sparking intense debate regarding safety, efficiency, and economic consequences. Concerns have been raised about the rule's potential to negatively affect driver productivity and the overall supply chain. The GAO review aims to provide an independent assessment of the rule's effectiveness and potential unintended consequences, informing future policy decisions related to truck driver HOS.

01/26/2026 Logistics
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Transportation Optimization Cuts Costs for Logistics Firms

Transportation Optimization Cuts Costs for Logistics Firms

Transportation optimization is crucial for reducing costs and improving efficiency. Building a business case requires assessing the current state, setting goals, quantifying value, and evaluating risks. Companies should embrace optimization to enhance competitiveness. This involves analyzing existing transportation networks, identifying inefficiencies, and implementing strategies like route optimization, mode selection, and carrier negotiation. A well-defined business case demonstrates the potential ROI of transportation optimization initiatives, justifying investment in technology and process improvements. By focusing on these areas, businesses can achieve significant cost savings and improve overall supply chain performance.

01/26/2026 Logistics Industry Insights
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US Ports Accelerate Upgrades As Supply Chains Shift

US Ports Accelerate Upgrades As Supply Chains Shift

US ports are facing new challenges due to the Panama Canal expansion. West Coast ports need to accommodate mega-ships, while East Coast and Gulf Coast ports are actively upgrading their infrastructure. Natural disasters like hurricanes are also pushing ports to enhance early warning and emergency response capabilities. The future of port infrastructure development will focus on intelligence, automation, green practices, and collaboration to improve efficiency, resilience, and sustainability. These advancements are crucial for adapting to the evolving global supply chain and ensuring the long-term viability of US ports.

01/26/2026 Logistics Industry Insights
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Benin Customs Modernizes HR Leads Reform in West Africa

Benin Customs Modernizes HR Leads Reform in West Africa

With the support of the World Customs Organization, the Benin Customs Administration launched a Human Resource Modernization project aimed at building a competency-based HRM system. Through capacity building, job catalog refinement, and regional cooperation, Benin Customs has set a precedent for improving efficiency and promoting regional customs modernization. The project emphasizes continuous improvement and comprehensive implementation to create a highly efficient and professional workforce. This initiative showcases Benin's commitment to modernizing its customs operations and fostering a skilled workforce capable of meeting the evolving demands of international trade.

01/26/2026 Customs Knowledge
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Airtruck Hybrid Shipping Gains Traction for US Imports

Airtruck Hybrid Shipping Gains Traction for US Imports

This article delves into the Air Truck Delivery model within US air freight lines, highlighting its balanced advantages in speed and cost. It analyzes suitable cargo types, including medium-weight goods, bulky items, seasonal products, and medium-volume e-commerce shipments, while also identifying unsuitable scenarios. Practical advice is provided to assist foreign trade enterprises and e-commerce sellers in selecting optimal logistics solutions to reduce costs, improve efficiency, and ultimately achieve business growth. The analysis focuses on how to leverage Air Truck Delivery for optimal results in specific situations.

01/26/2026 Logistics Encyclopedia
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Multinationals Adopt Datadriven Customs and Pricing Strategies

Multinationals Adopt Datadriven Customs and Pricing Strategies

This paper analyzes the World Customs Organization (WCO) guidelines on customs valuation and transfer pricing from a data analyst's perspective, exploring their interconnections and potential risks. It provides policy interpretations, practical recommendations, and compliance strategies for customs officials, businesses, and tax authorities. The paper emphasizes the crucial role of information sharing and data analysis in improving valuation accuracy and efficiency, ultimately contributing to a fair trade environment. It offers insights into navigating the complexities of these regulations and minimizing potential disputes related to cross-border transactions and pricing.

01/26/2026 Customs Knowledge
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WCO and Japan Boost Trade Compliance with Lab Upgrades

WCO and Japan Boost Trade Compliance with Lab Upgrades

The World Customs Organization (WCO) launched the "Customs Laboratory Regional Programme" to enhance the chemical analysis capabilities and HS code classification skills of its member customs administrations. Supported by Japan Customs, the program targets customs laboratory analysts and future professionals, offering training in cutting-edge technologies, laboratory management optimization, tariff classification mastery, and understanding of the WCO system. It aims to empower participants to improve their professional competence and promote global trade compliance. The program focuses on practical skills and knowledge transfer to improve efficiency and accuracy in customs operations.

01/26/2026 Customs Knowledge
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