WCO Prioritizes Trade Recovery Innovation Amid Global Challenges

WCO Prioritizes Trade Recovery Innovation Amid Global Challenges

World Customs Organization (WCO) Secretary General Kunio Mikuriya held an online meeting with representatives from Geneva Customs to discuss how customs administrations can promote trade facilitation, build sustainable supply chains, and contribute to global trade prosperity in the context of global economic recovery. The discussion focused on leveraging technological innovation, fostering international cooperation, and effectively implementing the Trade Facilitation Agreement. These efforts aim to streamline customs procedures, reduce trade costs, and ultimately support the growth of international commerce.

WCO Adopts New Tech to Transform Global Trade

WCO Adopts New Tech to Transform Global Trade

The WCO conference focused on emerging technologies, updating cross-border e-commerce standards, promoting customs digital transformation, and strengthening international cooperation. Discussions addressed how to leverage technology for trade facilitation while mitigating associated risks. Key priorities included enhancing global trade security and adapting to the challenges posed by disruptive technologies. The conference emphasized the importance of collaboration and innovation in navigating the evolving landscape of international trade and ensuring a secure and efficient global trading system.

Cuba Adopts WCO SAFE Framework to Boost Trade Security

Cuba Adopts WCO SAFE Framework to Boost Trade Security

The World Customs Organization (WCO), through its SAFE Framework and AEO program, supports Cuba in enhancing its trade security. A seminar held in Havana in 2015 marked a significant step for Cuba in embracing international standards and improving trade competitiveness. International cooperation is crucial for building a secure and efficient trading environment. This initiative aims to facilitate legitimate trade while strengthening border controls and combating illicit activities, contributing to Cuba's economic growth and integration into the global trading system.

Global Air Freight Costs Breaking Down Terminal and Delivery Fees

Global Air Freight Costs Breaking Down Terminal and Delivery Fees

This article provides an in-depth analysis of common charges in international air freight, specifically 'Terminal Handling Charges (THC)' and 'Pick-up Charges,' clarifying their definitions, charging logic, and payment scenarios. By analyzing the impact of different pricing models (All-in price vs. pure air freight) and Incoterms (EXW, DDP, etc.) on cost allocation, the article helps shippers understand the cost structure, avoid unnecessary additional expenses, and ensure the smooth operation of international air freight business.

Guide to Shipping Oversized Cargo Internationally

Guide to Shipping Oversized Cargo Internationally

International cross-border transportation of oversized cargo involves various aspects, including selecting logistics providers, determining transportation methods, ensuring proper packaging and protection, and preparing necessary documentation. This comprehensive guide provides key insights into these areas, helping you understand the essential points for safely and smoothly transporting large items like furniture and equipment across borders. It aims to ensure your oversized goods arrive at their destination securely and successfully, covering crucial considerations for a hassle-free international shipping experience.

Air Cargo Transit Stops Delay Deliveries Increase Risks

Air Cargo Transit Stops Delay Deliveries Increase Risks

The number of transits in international air freight is positively correlated with transit time; increased transits significantly extend transportation time and elevate risk. Special cargo, such as cold chain and dangerous goods, are more affected. Optimization strategies include selecting efficient hubs and reputable carriers, preparing documents in advance, and purchasing insurance to minimize transit stops and improve transportation efficiency. Reducing the number of transits is key to mitigating delays and potential losses during international air freight operations.

Air Cargo Industry Faces Legal Risks Over Counterfeit Shipments

Air Cargo Industry Faces Legal Risks Over Counterfeit Shipments

International air freight strictly prohibits the transportation of counterfeit goods. Seizure can result in serious consequences including confiscation of goods, heavy fines, legal action, criminal liability, damage to corporate reputation, increased logistics costs, and being blacklisted by courier companies. Businesses must strictly comply with relevant laws and regulations, prevent infringement, and ensure the smooth operation of international trade activities. Violating these regulations carries significant legal and financial risks that can severely impact a company's operations and standing.

01/26/2026 Logistics
Read More
Global Air Freight Costs Pricing Trends and Fee Transparency

Global Air Freight Costs Pricing Trends and Fee Transparency

This article provides an in-depth analysis of international air freight pricing, focusing on the calculation of basic freight and various surcharges (e.g., fuel surcharge, security fee), and revealing common 'hidden fee' pitfalls. Readers will gain a clear understanding of the pricing logic behind international air freight, effectively avoid extra costs, and make more informed shipping decisions. The article aims to demystify the complexities of air freight costs and empower businesses to optimize their logistics strategies.

Toyota Invests in Lngpowered Fleet to Cut Shipping Emissions

Toyota Invests in Lngpowered Fleet to Cut Shipping Emissions

Toyota Motor Corporation is driving Japanese shipping giants to order 20 LNG-powered RoRo vessels to reduce sulfur emissions in maritime supply chains and comply with international environmental regulations. This initiative is part of Toyota's green supply chain strategy, encompassing collaborations on hydrogen fuel cell trucks and electric vehicle technologies for land transportation. International regulations are pushing the shipping industry towards a green transition. Companies need to strengthen cooperation and build sustainable green supply chains to meet these demands.

01/28/2026 Logistics
Read More
WCO Enhances Bosnias Tax Authority Risk Management

WCO Enhances Bosnias Tax Authority Risk Management

The World Customs Organization (WCO) supported the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH) in enhancing its risk management capabilities through a national workshop. The workshop covered risk assessment, profiling, information management, and resource optimization, fostering exchange between ITA BiH and international experts. This event laid the foundation for ITA BiH to strengthen its risk management system and improve enforcement efficiency. Recommendations included continued international cooperation and domestic collaboration to further improve risk management practices.