Chinas Tech Giants Pivot to Short Video and Local Services

Chinas Tech Giants Pivot to Short Video and Local Services

This article summarizes recent key trends in the internet business sector, including YY Live's foray into short dramas, organizational restructuring of Douyin's local life services, and Ele.me's internal testing of merchant fan group features. It also analyzes the financial reports of several internet companies, showcasing industry development trends and the challenges they face. The analysis provides insights into the evolving landscape of internet business and the strategic adjustments companies are making to navigate the competitive environment.

02/11/2026 Logistics Industry Insights
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Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

Roadrunner Acquires Rich Logistics for 48M to Expand Usmexico Crossborder Operations

RRTS (Luluda Transportation Group) acquired Ruichi Logistics for $48 million, aiming to expand its complete vehicle transportation business and broaden its US-Mexico cross-border freight corridor. Ruichi Logistics possesses strengths in cross-border transportation and the automotive industry, which is expected to enhance RRTS's profitability. This acquisition is part of RRTS's aggressive expansion strategy but also faces challenges such as integration and market competition. The deal is expected to strengthen RRTS's position in the North American market.

02/11/2026 Logistics
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Cirque Du Soleils Rise and Fall Lessons for Entertainment Industry

Cirque Du Soleils Rise and Fall Lessons for Entertainment Industry

Cirque du Soleil, once a global phenomenon that revolutionized circus performance, is now facing a debt crisis. This article analyzes its remarkable journey from street performers to a world-class entertainment group, highlighting the vulnerabilities of its single-revenue stream business model and lack of risk awareness. It offers valuable lessons for business operators, emphasizing the importance of diversified operations, robust risk management strategies, and continuous innovation to adapt to changing market conditions and ensure long-term sustainability.

02/11/2026 Logistics Industry Insights
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WCO Private Sector Collaborate to Strengthen Global Supply Chains

WCO Private Sector Collaborate to Strengthen Global Supply Chains

The WCO Private Sector Consultative Group (PSCG) meeting and Policy Commission dialogue focused on business recovery, data strategy, and green customs. Participants emphasized the need to make trade facilitation measures permanent, leverage data-driven strategies for planning, and promote green customs to build a sustainable trade ecosystem. The discussions centered on jointly addressing global trade challenges and building more resilient supply chains. The aim is to foster a robust and adaptable global trade environment capable of weathering future disruptions.

01/26/2026 Customs Knowledge
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Borsam Logistics Enhances Global Trade with Compliance Solutions

Borsam Logistics Enhances Global Trade with Compliance Solutions

Based in Shenzhen, Basenton Logistics Group is committed to becoming a global leader in compliance logistics, providing end-to-end solutions for cross-border e-commerce platforms and sellers. With a secure, efficient, and stable global logistics service system and the self-developed Basenton Cloud intelligent logistics platform, we help businesses easily navigate overseas challenges and achieve global business growth. We focus on providing compliant and reliable logistics services, ensuring smooth and hassle-free international shipping for our clients.

01/26/2026 Logistics
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Francophone African Officials Boost Customs Expertise

Francophone African Officials Boost Customs Expertise

The World Customs Organization (WCO) held a training session in Mauritius for customs officials from French-speaking African countries. The training aimed to enhance their expertise in HS coding and customs valuation. Through theoretical learning, practical exercises, and group discussions, participants not only mastered relevant knowledge but also strengthened their awareness of regional cooperation, laying the foundation for better serving international trade in the future. The training also explored the challenges and opportunities of HS coding in regional applications.

01/30/2026 Customs Knowledge
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WCO Establishes Global Ecommerce Trade Standards

WCO Establishes Global Ecommerce Trade Standards

The World Customs Organization (WCO) E-Commerce Working Group has finalized a comprehensive e-commerce package. This aims to promote the standardization, efficiency, and sustainability of global cross-border e-commerce through a standardized framework, technical specifications, and implementation strategies. The package covers various aspects, including terminology definitions, technical specifications, and tax collection. Following review by various committees, it is expected to be promoted and implemented globally, facilitating trade and harmonizing practices in the rapidly growing e-commerce sector.

01/30/2026 Customs Knowledge
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Latin America Boosts Customs Valuation Skills in Guatemala Summit

Latin America Boosts Customs Valuation Skills in Guatemala Summit

The inaugural Regional Certification Workshop for Spanish-speaking Customs Valuation Experts was successfully held in Guatemala. It brought together customs officials from various countries to enhance their professional skills and certify them as expert trainers. The workshop established a regional expert working group to review and update WCO training materials, promoting experience exchange and knowledge sharing within the region. This initiative injects new vitality into the field of customs valuation in the Americas and the Caribbean.

02/02/2026 Customs Knowledge
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East Africa Launches Customs Capacity Building Program

East Africa Launches Customs Capacity Building Program

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint project, 'Train-the-Trainers Programme', has made significant progress in East Africa, enhancing customs capacity by developing a pool of post-clearance audit experts and creating training materials. The project innovatively adopted a 'virtual working group' model during the pandemic to ensure its smooth continuation. Moving forward, the project will further improve training skills and build a sustainable mechanism for customs capacity enhancement in the region.

02/03/2026 Customs Knowledge
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Revised Kyoto Convention Boosts Global Trade Efficiency

Revised Kyoto Convention Boosts Global Trade Efficiency

The 15th session of the Revised Kyoto Convention (RKC) Management Committee focused on broader accession and effective implementation of the Convention, discussing key principles, challenges, and potential solutions. The meeting highlighted the RKC's crucial role in supporting the implementation of the WTO's Trade Facilitation Agreement. A decision was made to establish a new virtual working group to review and update the Convention, ensuring its adaptation to modern customs management needs. This aims to promote trade facilitation and development globally.

02/03/2026 Customs Knowledge
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