HS Code Update Streamlines Global Trade Standards

HS Code Update Streamlines Global Trade Standards

The 60th session of the World Customs Organization's Harmonized System Committee updated the commodity classification system, releasing new classification opinions, revisions to the Harmonized System Explanatory Notes, and classification decisions. These changes affect the import and export of various commodities. Businesses should promptly monitor official information, strengthen internal training, consult with professionals, and establish a comprehensive commodity database to adapt to the new trade regulations. Staying informed and proactive is crucial for compliance and smooth international trade operations.

US Transportation Rule to Transform Auto Industry

US Transportation Rule to Transform Auto Industry

The U.S. Department of Transportation is proposing new rules to accelerate the adoption of V2V technology in new vehicles, aiming to reduce accident rates through vehicle-to-vehicle communication. V2V technology complements autonomous driving and promotes the transformation of the automotive industry towards interconnectedness. Despite challenges such as data security, the widespread adoption of V2V technology holds a bright future and has the potential to reshape the transportation industry. It promises enhanced safety and efficiency on the roads.

Regional Manufacturing Boosts Global Supply Chain Resilience

Regional Manufacturing Boosts Global Supply Chain Resilience

Global supply chains are undergoing profound changes, with the rise of regional manufacturing as a new trend. Companies need to reassess their supply chain strategies, increase investment in digital transformation, strengthen cooperation with local partners, and cultivate localized talent. This will allow them to seize the new opportunities brought by regional manufacturing and build a more robust, flexible, and intelligent supply chain system. By doing so, they can gain a competitive advantage in the global marketplace.

Global Turmoil Spurs Insurance Industry to Address Supply Chain Risks

Global Turmoil Spurs Insurance Industry to Address Supply Chain Risks

Global supply chains are facing multiple risks, including geopolitical tensions and extreme weather events. The insurance industry needs to innovate actively, strengthen cooperation with all parties in the supply chain, and establish risk assessment models. Developing new insurance products and leveraging new technologies can improve risk management efficiency. Businesses should establish diversified supply chains, strengthen collaboration with suppliers, and invest in supply chain visibility technologies. By working together, we can build a secure and reliable global supply chain.

US Manufacturing Growth Slows Amid Economic Uncertainty

US Manufacturing Growth Slows Amid Economic Uncertainty

The US manufacturing PMI edged up slightly in May, but weak demand remains a major challenge. The New Orders Index is sluggish, exports are hampered, inventories are piling up, and supply chain bottlenecks persist. Impacted by the pandemic and the trade war, companies need to actively respond to achieve recovery. Low new orders, export difficulties, and inventory buildup indicate underlying weakness despite the slight PMI improvement. Addressing supply chain issues and stimulating demand are crucial for a sustainable rebound.

XPO Logistics Expands LTL Network Amid Rising Supply Chain Needs

XPO Logistics Expands LTL Network Amid Rising Supply Chain Needs

XPO Logistics plans to open new Less-than-Truckload (LTL) freight terminals in Adelanto, California, and Conley, Georgia, in the second quarter. This expansion aims to increase freight capacity, optimize network layout, and address future logistics challenges. The move is part of its five-year LTL action plan, demonstrating XPO Logistics' proactive response to market demands and its strategic deployment for future growth. The new terminals will enhance service capabilities and improve efficiency within its LTL network.

02/03/2026 Logistics
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US Aims to Build Seamless Logistics Network for Freight

US Aims to Build Seamless Logistics Network for Freight

The U.S. freight system faces a fragmented, 'puzzle-piece' dilemma. While Congress has conducted reviews, tangible funding remains scarce. Logistics experts advocate for long-term planning and innovative financing solutions, while businesses emphasize breaking down 'silos' and building interconnected 'networks.' Whether the new Transportation Secretary can usher in a new era hinges on establishing suitable funding mechanisms. The core issue is identifying reliable and sustainable sources of capital to modernize and improve the nation's freight infrastructure.

2025 Crossborder Logistics Challenges for Smes

2025 Crossborder Logistics Challenges for Smes

Under the new cross-border logistics regulations in 2025, small and medium-sized sellers face numerous 'hidden pitfalls' in areas like freight calculation, tariff policies, and remote area classification. This article advises sellers to clarify freight details, pay attention to tariff changes, monitor remote area dynamics, select optimal logistics partners, refine contract terms, and strictly adhere to packaging and labeling requirements. By addressing these issues, sellers can navigate the cost complexities and maintain stable operations under the new regulations.

02/03/2026 Logistics
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Huazhi Big Data Enhances Jinans Foreign Trade with Digital Tools

Huazhi Big Data Enhances Jinans Foreign Trade with Digital Tools

Shandong Huazhi Big Data has been appointed as the Vice President Unit of the Jinan International Chamber of Commerce, signifying recognition of its strength in AI-driven overseas trade. The company will leverage its "JingMaoTong" system to empower Jinan's foreign trade enterprises through digital intelligence, integrated innovation, and resource sharing. This will help them reduce overseas expansion costs, explore new business models, and build a foreign trade ecosystem, injecting new impetus into the region's high-quality foreign trade development.

Tiktok Shop Ends Seller Shipping in US Logistics Overhaul

Tiktok Shop Ends Seller Shipping in US Logistics Overhaul

TikTok Shop US has announced new logistics rules, abolishing the self-fulfillment model and mandating sellers to use official logistics. This aims to improve fulfillment experience and standardize platform operations. Sellers need to actively adjust their strategies to adapt to the new rules, choose suitable official logistics solutions, and optimize inventory management to cope with the changes. This shift signifies a move towards greater control and standardization within the TikTok Shop ecosystem for cross-border e-commerce.

02/03/2026 Logistics
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