WCO Advances Trade Pact to Boost Global Commerce

WCO Advances Trade Pact to Boost Global Commerce

The World Customs Organization (WCO) actively promotes the implementation of the Trade Facilitation Agreement (TFA) by establishing working groups, providing technical assistance, and developing guidance tools. These efforts help members improve customs management and facilitate global trade. Secretary General Kunio Mikuriya emphasized that the WCO will continue to support the TFA implementation, jointly moving towards a more efficient and transparent trade future. The WCO's commitment aims to streamline processes and reduce trade barriers for its members.

01/07/2026 Customs Knowledge
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Global Trade System Marks 30 Years As Harmonized Standard

Global Trade System Marks 30 Years As Harmonized Standard

The Harmonized System (HS) serves as a universal language for global trade, playing an irreplaceable role in facilitating international trade, customs management, and economic development. This paper reviews the HS's development over the past three decades, analyzes its significant functions and challenges, and proposes suggestions such as strengthening international cooperation, promoting technological innovation, and improving classification standards. The aim is to further enhance the HS's effectiveness and adaptability, contributing more significantly to the prosperity and development of global trade.

01/03/2018 Customs Knowledge
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Liberia Enhances Tax Collection with WCO Assistance

Liberia Enhances Tax Collection with WCO Assistance

With the support of the WCO WACAM project, the Liberia Revenue Authority is actively implementing a competency-based human resource management system. This includes developing tools such as job benchmarks, competency frameworks, and job descriptions, as well as formulating human resource and training strategies. This initiative aims to enhance employee performance, achieve organizational goals, and inject new vitality into Liberia's economic development and social progress. The focus is on building a skilled and effective tax workforce.

01/07/2026 Customs Knowledge
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OAG Launches Data Tools for Competitive Vacation Pricing

OAG Launches Data Tools for Competitive Vacation Pricing

OAG's vacation data solutions empower airlines and travel operators to optimize vacation product pricing and enhance market competitiveness. By providing transparent pricing insights, trend analysis and forecasting, flexible data integration, and comprehensive data coverage, OAG helps clients understand market dynamics, seize opportunities, and maximize profits. The solutions offer a deep understanding of competitive pricing strategies, enabling informed decisions and improved revenue management. Ultimately, OAG's data-driven approach helps businesses stay ahead in the dynamic vacation market.

01/07/2026 Airlines
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ASOS Adopts Celonis to Optimize Fashion Supply Chain

ASOS Adopts Celonis to Optimize Fashion Supply Chain

ASOS integrated the Celonis process intelligence platform to build a connected, end-to-end supply chain. This aims to improve order fulfillment efficiency and customer experience through real-time visibility, process optimization, and data-driven decision-making. This reflects the ongoing digital transformation in the retail industry, where supply chain visibility is becoming a key competitive advantage. The article also explores supply chain optimization strategies for SMEs and the application of artificial intelligence in supply chain management.

01/07/2026 Logistics
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Dollar General Boosts Performance with SKU Rationalization Strategy

Dollar General Boosts Performance with SKU Rationalization Strategy

Dollar General improved profitability by significantly reducing stock keeping units (SKUs), optimizing inventory management, and enhancing supply chain efficiency. This strategy focuses resources on top-selling items, lowers inventory costs, and increases productivity in stores and distribution centers. While facing risks associated with reduced consumer choice and demand forecasting, Dollar General's lean retail model provides valuable insights for the industry. The approach emphasizes efficiency and cost-effectiveness through streamlined operations and a focus on high-demand products.

01/07/2026 Logistics Industry Insights
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Guide to Mastering 410 Gone for SEO Optimization

Guide to Mastering 410 Gone for SEO Optimization

This article provides an in-depth analysis of the HTTP 410 Gone error code, its impact on website SEO, and proper usage. It emphasizes the role of the 410 code in optimizing crawl budget and contrasts it with the 404 error. Furthermore, it offers practical steps to fix 410 errors, aiming to help website operators better manage their sites and improve SEO performance. Understanding and correctly implementing 410 errors is crucial for efficient website management and search engine optimization.

01/07/2026 Logistics Encyclopedia
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Tiktok Shop US Tests Lowcost Ads and Inventory Tactics

Tiktok Shop US Tests Lowcost Ads and Inventory Tactics

This article details the ADS product testing method for TikTok Shop US, emphasizing the use of a low-cost "information store" to quickly validate product potential. Furthermore, it provides refined inventory strategies for different sales stages, helping sellers efficiently select products, reduce inventory risks, and stand out in the competitive market. The focus is on leveraging data-driven insights from ADS to inform both product selection and inventory management, ultimately maximizing profitability and minimizing potential losses.

01/07/2026 Logistics Industry Insights
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Container Shipping Rates Surge A New Trend on Latin America Routes

Container Shipping Rates Surge A New Trend on Latin America Routes

Recently, container freight rates on routes from Shanghai to Latin America have seen a significant increase, with rates from Shanghai to the Port of Santos reaching a historical high. This week, rates surged by 26%, reaching $3,646 per FEU. The phenomenon of vessel suspensions has led to increased profits for shipping companies, and regulators are beginning to pay attention to these changes, calling for companies to standardize their pricing management, although specific interventions regarding rates in Latin America remain uncertain.

07/22/2025 Logistics
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The Future of Smart Warehousing Technology-driven Transformation

The Future of Smart Warehousing Technology-driven Transformation

Smart warehousing utilizes automation, artificial intelligence, and other technologies to optimize logistics processes, enhancing inventory management and decision-making efficiency. Although the market value exceeded $23 billion in 2023 and is expected to reach $41 billion by 2027, the widespread adoption of this technology still requires significant effort. Decentralized warehousing networks accelerate delivery but face high capital investment challenges. Industry innovation is mainly led by large enterprises, while academic research focuses on operational issues, highlighting the significant potential of smart warehousing.

07/22/2025 Logistics
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