Airlines Increase Revenue with Datadriven Yield Management

Airlines Increase Revenue with Datadriven Yield Management

This paper delves into how airlines can achieve revenue multiplication through data-driven, refined revenue management strategies. IATA Consulting provides airlines with comprehensive solutions, including capacity building, fare structure optimization, demand analysis and system selection, O&D revenue management integration, and inter-route evaluation. These solutions help airlines maintain a leading position in the highly competitive market by leveraging data insights for dynamic pricing and efficient resource allocation, ultimately maximizing profitability and optimizing revenue streams.

01/07/2026 Airlines
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Mongolias Customs Reforms Enhance Trade Efficiency

Mongolias Customs Reforms Enhance Trade Efficiency

Mongolian Customs has significantly improved its risk management capabilities under the World Customs Organization (WCO)'s 'Light Touch Intervention' (LTI) project. Through capacity building, strategic upgrades, and standardization, risk management efficiency has increased by 30%, and the physical inspection rate of goods has decreased by 20%. This advancement lays the foundation for a more competitive trade environment in Mongolia, streamlining processes and reducing unnecessary delays for legitimate trade while focusing resources on high-risk areas.

01/05/2026 Customs Knowledge
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Philippines Enhances Trade with Wcobacked National Team

Philippines Enhances Trade with Wcobacked National Team

The WCO is assisting Philippine Customs in building a trade facilitation team to improve trade efficiency and support the work of the Philippine Trade Facilitation Committee. This initiative aims to streamline customs procedures, reduce trade costs, and enhance the overall competitiveness of the Philippines in the global market. By strengthening the capacity of Philippine Customs, the WCO is contributing to the country's efforts to implement trade facilitation measures and promote economic growth.

01/05/2026 Customs Knowledge
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Uganda Enhances Tax Efficiency with Datadriven Customs Reform

Uganda Enhances Tax Efficiency with Datadriven Customs Reform

With the assistance of the World Customs Organization (WCO), the Uganda Revenue Authority (URA) is actively exploring a data-driven approach to customs performance management. By optimizing data collection and analysis, establishing performance evaluation mechanisms, and implementing cultural change and capacity building, the URA aims to improve customs operational efficiency and optimize resource allocation. This initiative ultimately seeks to better serve Uganda's economic development. This reform practice provides valuable lessons for other developing countries.

01/07/2026 Customs Knowledge
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Bahamas Customs Modernization Boosts WTO Bid Regional Trade

Bahamas Customs Modernization Boosts WTO Bid Regional Trade

The World Customs Organization (WCO) has launched a two-year customs capacity building program to support the Bahamas' accession to the World Trade Organization (WTO). Funded by the Inter-American Development Bank, the program covers three key areas: organizational development, human resources, and governance. It aims to enhance the efficiency, transparency, and compliance of Bahamas Customs, bringing it up to international standards and positioning it as a model for the Caribbean region.

01/07/2026 Customs Knowledge
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Gambia Revenue Authority Adopts Strategic Dashboard for Performance Management

Gambia Revenue Authority Adopts Strategic Dashboard for Performance Management

With support from the World Customs Organization-West and Central Africa Capacity Building Project, The Gambia Revenue Authority has launched the development of a strategic dashboard to improve performance management. By identifying key performance indicators (KPIs) and establishing monitoring mechanisms, the dashboard will provide senior management with an overview of organizational performance, facilitating decision-making and organizational development. This initiative represents a significant step for The Gambia in advancing modern tax administration.

01/07/2026 Customs Knowledge
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Globaltranz Adapts to Pandemic Supply Chain Disruptions

Globaltranz Adapts to Pandemic Supply Chain Disruptions

GlobalTranz executive Ross Spanier offers an in-depth analysis of the pandemic's impact on supply chains, highlighting shipper anxiety, regional disparities, container shortages, inventory management challenges, capacity fluctuations, and intermodal transport difficulties. He emphasizes the critical role of technological innovation, adaptability, and collaboration in navigating the crisis. Spanier underscores the necessity of building more resilient supply chains to withstand future disruptions. The pandemic exposed vulnerabilities, requiring businesses to rethink their strategies and prioritize agility.

01/21/2026 Logistics Industry Insights
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Nicaragua Boosts Trade Efficiency with Customs Reforms

Nicaragua Boosts Trade Efficiency with Customs Reforms

Nicaragua, with the support of the World Customs Organization, hosted a Time Release Study (TRS) workshop. The aim was to identify and address trade bottlenecks through the TRS methodology, thereby improving customs clearance efficiency. This event is part of the WCO-Norwegian Development Cooperation Agency's Customs Capacity Building Project and complements Nicaragua's Authorized Economic Operator (AEO) pilot program. Both initiatives are dedicated to enhancing supply chain security and efficiency, ultimately promoting trade facilitation.

01/22/2026 Customs Knowledge
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WCO Tool Boosts Global Customs Training Efficiency

WCO Tool Boosts Global Customs Training Efficiency

The World Customs Organization (WCO) successfully piloted a learning development assessment tool aimed at enhancing the effectiveness of capacity building for its members. Through implementation in Eswatini, the WCO gathered feedback and improved the assessment framework to more scientifically measure the value of training activities. This tool will be promoted and applied to support the development of customs worldwide, ensuring that training initiatives deliver tangible and measurable results in improving customs operations and efficiency.

01/22/2026 Customs Knowledge
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WCO Enhances Madagascar Trade with Advanced Ruling System

WCO Enhances Madagascar Trade with Advanced Ruling System

The World Customs Organization (WCO), through the EU-WCO Programme for Harmonized Commodity Description and Coding System in Africa, provides comprehensive support to Madagascar Customs in establishing a national advance ruling system. This includes capacity building workshops, technical assistance, experience sharing, and laboratory construction. The initiative aims to enhance trade facilitation in Madagascar, reduce trade risks, improve customs clearance efficiency, and increase trade certainty, ultimately injecting new vitality into the country's economic development.

01/22/2026 Customs Knowledge
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