North American Heavyduty Truck Orders Rise in August Amid Concerns

North American Heavyduty Truck Orders Rise in August Amid Concerns

August's heavy truck order data appears to be recovering, but hidden concerns remain. Experts point out that OEMs were overly optimistic, leading to overproduction, and market demand has not met expectations. Facing these challenges, OEMs should adjust production plans and increase R&D investment. Logistics companies should optimize fleet structures and adopt new technologies to seize market opportunities. The apparent rebound may be temporary without strategic adjustments from both manufacturers and end-users to align supply with actual demand and improve operational efficiency.

02/04/2026 Logistics
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WCO and IDB Collaborate to Boost Latin American Trade Efficiency

WCO and IDB Collaborate to Boost Latin American Trade Efficiency

The World Customs Organization (WCO) participated in a policy dialogue organized by the Inter-American Development Bank (IDB), focusing on trade facilitation in Latin America. The WCO shared its expertise in areas such as Single Windows and Authorized Economic Operators (AEO), and presented the Mercator Program. The event brought together various stakeholders to discuss the implementation and cooperation of trade facilitation measures. The dialogue emphasized the importance of streamlined procedures and collaborative efforts to enhance trade efficiency and economic growth within the Latin American region.

Latin American Tax Officials Gain Skills in Advanced Training Program

Latin American Tax Officials Gain Skills in Advanced Training Program

The IMF, the Spanish Institute for Fiscal Studies, and the WCO jointly delivered a high-level course on tax and customs administration in Latin America. The course aimed to enhance the management capabilities of senior tax and customs officials in the region to address challenges. The upcoming fifth edition will focus on modern management skills and improving voluntary compliance. The Global Trade Facilitation Programme provides crucial support to the region, fostering economic development. This initiative is vital for strengthening governance and promoting sustainable growth within the Latin American context.