Mozambique Tightens Customs to Curb Hazardous Waste Smuggling

Mozambique Tightens Customs to Curb Hazardous Waste Smuggling

The World Customs Organization (WCO), in collaboration with organizations like the United Nations Environment Programme (UNEP), held a workshop in Mozambique to enhance customs officers' awareness of the Basel Convention and the Montreal Protocol. This initiative aims to strengthen border control of hazardous waste and ozone-depleting substances. The activity is part of the Sida-WCO TFCM Programme, which supports developing countries' customs administrations in improving their environmental capabilities to address global environmental challenges collectively. The program focuses on building capacity for effective implementation and enforcement of relevant environmental agreements.

01/22/2026 Customs Knowledge
Read More
UK Trade Project Enhances Efficiency in Middleincome Nations

UK Trade Project Enhances Efficiency in Middleincome Nations

The UK Foreign and Commonwealth Office-funded 'Trade Facilitation Project in Middle-Income Countries' aims to assist Brazil, India, Nigeria, the Philippines, and South Africa in better implementing the Trade Facilitation Agreement (TFA). With technical support from the World Customs Organization and the World Bank Group, the project seeks to enhance these countries' trade efficiency and competitiveness, ultimately fostering economic growth. The project focuses on capacity building and streamlining trade processes to reduce costs and delays associated with cross-border trade, enabling these nations to fully benefit from the TFA.

01/22/2026 Customs Knowledge
Read More
WCO Aids Gambia in Trade Facilitation Via AEO Program

WCO Aids Gambia in Trade Facilitation Via AEO Program

With support from HMRC, the WCO is assisting the Gambia Revenue Authority (GRA) in implementing an Authorized Economic Operator (AEO) program and advancing Coordinated Border Management (CBM). Through online training, field visits, and joint workshops, the initiative aims to enhance the capacity of the GRA and other border agencies. This optimization of customs clearance processes is expected to promote trade facilitation in Gambia, leading to improved efficiency and reduced costs for businesses involved in international trade. The project is crucial for Gambia's economic development by streamlining border procedures.

01/22/2026 Customs Knowledge
Read More
US Truckload Spot Market Slumps As Demand Rates Drop

US Truckload Spot Market Slumps As Demand Rates Drop

The US freight spot market experienced a decline in both volume and rates in late May, reflecting weak demand, excess capacity, and broader economic factors. The dry van, refrigerated, and flatbed markets all faced pressure. Experts describe the market as 'frozen' but suggest that potential opportunities remain. Carriers are advised to optimize operations, shippers to adjust plans flexibly, and industry analysts to enhance research in order to collectively address these challenges. The decline signals a need for strategic adaptation within the freight industry to navigate the current market conditions.

01/19/2026 Logistics Industry Insights
Read More
Freight Rates Climb Despite Falling Shipment Volumes

Freight Rates Climb Despite Falling Shipment Volumes

A peculiar phenomenon occurred in the U.S. freight market in September: freight volumes declined, yet spot rates unexpectedly increased. This rise wasn't driven by demand, but rather by freight imbalances and changes in capacity. Experts predict a disappointing peak season, potentially leading to continued trucking company bankruptcies. Truck drivers are advised to closely monitor the market, optimize operations, expand channels, invest cautiously, and seek professional assistance to navigate these challenges. The unusual rate increase despite lower volume highlights the complexities and potential instability within the current freight landscape.

01/22/2026 Logistics Industry Insights
Read More
WCO Enhances Asiapacific Supply Chains Postpandemic

WCO Enhances Asiapacific Supply Chains Postpandemic

The World Customs Organization (WCO) launched the COVID-19 Project to enhance member customs' capacity to respond to pandemics and disasters. The first Asia-Pacific regional workshop focused on disaster management and supply chain continuity, fostering experience sharing and cooperation. The WCO is developing related guidelines and introducing digital procedures. Future efforts will strengthen data-driven decision-making, promote digital solutions, and deepen international cooperation to build a more resilient global supply chain. The project aims to equip customs administrations with the tools and knowledge needed to navigate future disruptions effectively.

01/27/2026 Customs Knowledge
Read More
World Customs Organization Expands Performance Measurement Initiative

World Customs Organization Expands Performance Measurement Initiative

The World Customs Organization (WCO) launched the second round of its Performance Measurement Mechanism (PMM), encouraging members to enhance customs effectiveness through data self-assessment. The meeting highlighted the PMM's crucial role in capacity building, fostering cooperation, and driving institutional modernization. All members were invited to actively participate in the initiative. This round aims to further improve customs operations globally by leveraging data-driven insights and promoting best practices among member administrations. The PMM serves as a valuable tool for identifying areas for improvement and measuring progress towards achieving trade facilitation goals.

01/26/2026 Customs Knowledge
Read More
Global Trade Initiative Extended to Boost Sustainable Growth

Global Trade Initiative Extended to Boost Sustainable Growth

The Global Trade Facilitation Programme (GTFP), jointly launched by the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been officially extended for another year. The program aims to simplify trade procedures, enhance transparency, strengthen international cooperation, and build capacity to promote global trade development. This extension provides beneficiary countries with more opportunities to further advance trade facilitation reforms and improve their competitiveness in global trade. It allows for continued support in streamlining customs processes and fostering a more efficient and predictable trading environment.

01/26/2026 Customs Knowledge
Read More
Eastwest Trade Container Rates Surge Amid Global Demand

Eastwest Trade Container Rates Surge Amid Global Demand

This paper analyzes the recent surge in container freight rates on East-West routes, exploring the driving factors from both demand-side (economic recovery, trade growth) and supply-side (capacity control, port congestion). It elucidates the impact of rising freight rates on import/export companies, consumers, shipping companies, and the global supply chain. Furthermore, based on historical data and industry analysis, the paper forecasts future freight rate trends, emphasizing the need for businesses to monitor market dynamics and prepare for freight rate volatility. Businesses should pay close attention to market changes.

01/27/2026 Logistics
Read More
Europe Faces Trade Paradox As China Gains Supply Chain Edge in 2026

Europe Faces Trade Paradox As China Gains Supply Chain Edge in 2026

This article delves into the practical challenges behind Europe's call for 'de-risking' from China, revealing its structural dependence on the Chinese supply chain. By analyzing factors like cost, production capacity, and alternative solutions, it highlights the fundamental reasons why Europe struggles to decouple from 'Made in China.' The article also predicts a 'collective restocking wave' in the European market by 2026 and provides three key strategies for foreign traders to seize opportunities and tap into the European market, offering actionable insights for those seeking to capitalize on the evolving trade landscape.

01/27/2026 Logistics Industry Insights
Read More