Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivian Customs, with WCO support, is upgrading its AEO program. This includes optimizing standards, expanding the program's scope, strengthening risk management and service provision, and promoting mutual recognition arrangements. The aim is to enhance trade facilitation, foster economic growth for businesses, and improve overall customs efficiency. The upgraded AEO program is expected to contribute significantly to Bolivia's trade competitiveness and its integration into the global trading system. The focus is on creating a more secure and predictable trade environment for authorized economic operators.

01/05/2026 Customs Knowledge
Read More
Wcos HS Review Boosts Global Trade Efficiency

Wcos HS Review Boosts Global Trade Efficiency

The World Customs Organization (WCO) highlighted the HS Strategic Review study at the International Federation of Customs Brokers Associations (IFCBA) 30th Anniversary Conference. The review aims to optimize the global system for classifying goods in international trade, addressing changes in the trade environment and technological innovation. The IFCBA actively participated and provided feedback, which the WCO pledged to consider. The HS Strategic Review is expected to reduce compliance costs for businesses, improve customs clearance efficiency, promote trade facilitation, and enhance international competitiveness.

01/05/2026 Customs Knowledge
Read More
Aviation Industry Advances Pilot Competency Assessment for Safety

Aviation Industry Advances Pilot Competency Assessment for Safety

This paper explores the pilot competency assessment system, emphasizing its importance for safety, cost, and efficiency in aviation. It covers the content, methods, applications, and future development of such assessments, with a focus on IATA's guidance. The paper highlights how effective pilot selection and competency assessment contribute to enhanced aviation safety and operational excellence. Furthermore, it discusses the challenges and opportunities in refining these systems to meet the evolving demands of the aviation industry and ensure a highly skilled and competent pilot workforce.

01/08/2026 Logistics Industry Insights
Read More
Global Aviation Board Revamps Passenger Travel Standards

Global Aviation Board Revamps Passenger Travel Standards

IATA TSB is dedicated to optimizing passenger experience and operational efficiency. It promotes the digital transformation and sustainable development of the aviation industry by establishing industry standards and fostering collaboration. This includes initiatives focused on improving baggage handling, streamlining security processes, and enhancing the overall travel journey. By working with airlines, airports, and other stakeholders, TSB aims to create a more seamless and enjoyable experience for passengers while ensuring the safe and efficient operation of the global air transport system.

01/08/2026 Airlines
Read More
Lowes Profit Rises on Inventory Optimization Strategy

Lowes Profit Rises on Inventory Optimization Strategy

Lowe's streamlined SKUs, optimized inventory with AI, and diversified suppliers to improve gross margins and reduce inventory. Inventory optimization has become a crucial factor for enhancing competitiveness in the retail industry. This approach allows for better forecasting, reduced waste, and improved responsiveness to customer demand. By implementing these strategies, retailers can achieve significant cost savings and improve overall profitability. Furthermore, a well-managed inventory system contributes to a more efficient supply chain and enhances customer satisfaction through improved product availability.

01/08/2026 Logistics Industry Insights
Read More
Guyana Boosts Customs Oversight After WCO Audit Review

Guyana Boosts Customs Oversight After WCO Audit Review

At the request of the Government of Guyana, the World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission in October 2018. Through consultations with the Guyana Revenue Authority - Customs and Trade Administration and external stakeholders, the WCO aimed to assist the country in establishing a robust PCA system. This initiative seeks to enhance customs control capabilities, promote trade facilitation, and support Guyana's sustainable economic development. The ultimate goal is to improve compliance and efficiency in customs procedures.

01/08/2026 Customs Knowledge
Read More
Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia has officially joined the Revised Kyoto Convention, becoming its 116th contracting party, marking a significant step in its trade facilitation efforts. The Convention, considered the "gold standard" for global trade facilitation, promotes international trade development through simplified customs procedures and increased transparency. The World Customs Organization encourages more countries to join, working together to build an open and efficient global trade system. This accession highlights Georgia's commitment to streamlining trade processes and fostering economic growth through adherence to international standards.

01/08/2026 Customs Knowledge
Read More
E2open CEO Discusses Global Supply Chain Resilience

E2open CEO Discusses Global Supply Chain Resilience

E2open CEO Michael Farlekas provides an in-depth analysis of the global logistics industry's transformation trends, emphasizing the importance of supply chain diversification and resilience. He points out that facing challenges such as the freight economy downturn and declining port throughput, companies should strengthen risk management, embrace digital transformation, and collaborate with platforms like E2open to build a more resilient supply chain system and embrace future opportunities. This collaboration is crucial for navigating the current economic climate and preparing for future growth.

01/28/2026 Logistics Industry Insights
Read More
12point TMS Checklist Boosts Supply Chain Efficiency

12point TMS Checklist Boosts Supply Chain Efficiency

This paper delves into the importance of Transportation Management Systems (TMS) in enhancing supply chain efficiency for businesses, providing a comprehensive buyer's guide. By answering 12 key questions, it helps companies clarify their needs, evaluate different TMS solutions, and ultimately select the most suitable system. The goal is to optimize transportation processes, reduce costs, improve customer service, and achieve a comprehensive upgrade of the supply chain. This guide empowers businesses to make informed decisions regarding TMS implementation for maximized benefits.

01/28/2026 Logistics Encyclopedia
Read More
Five Key Elements for Resilient Supply Chain Partnerships

Five Key Elements for Resilient Supply Chain Partnerships

In the face of global supply chain challenges, building mutually beneficial supplier relationships is crucial. This paper explores five key elements for establishing strong supplier relationships: open and efficient communication, collaborative partnerships, continuous innovation, specialized expertise, and a reliable reputation. It emphasizes that companies should make building and maintaining good supplier relationships a core part of their supply chain strategy, thereby creating a more resilient and competitive supply chain system. This fosters resilience and enhances overall competitiveness in a dynamic market.

01/29/2026 Logistics Industry Insights
Read More