COSCO SHIPPING Launches Gulf of Mexico Express Service

COSCO SHIPPING Launches Gulf of Mexico Express Service

COSCO Shipping Americas has launched a new service, GME, connecting Asia and the Gulf of Mexico via the Panama Canal, addressing diversified sourcing demands. The service is inaugurated by the “COSCO Auckland,” calling at Shanghai, Ningbo, Xiamen, Yantian, Colon, and Houston. Simultaneously, COSCO Shipping introduces “COSCO Integrated” service, a one-stop supply chain solution designed to simplify processes for shippers, reduce costs, and facilitate trade development between Asia and the US Gulf Coast region. This aims to provide seamless and efficient logistics solutions.

01/28/2026 Logistics
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Asiapacific Customs Intensify Crackdown on Plastic Waste

Asiapacific Customs Intensify Crackdown on Plastic Waste

The World Customs Organization (WCO) conducted virtual diagnostic missions to Indonesian and Philippine Customs to address the growing problem of illegal plastic waste trade in the Asia-Pacific region. The missions aimed to enhance their capacity to manage legal imports, curb illegal shipments, and promote the Basel Convention amendment. Through self-assessments, expert consultations, and tailored implementation plans, the WCO supports Asia-Pacific Customs in comprehensively improving their capabilities at both strategic and tactical levels to collectively address the plastic waste challenge.

01/30/2026 Customs Knowledge
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US Container Imports Rise Briefly Amid Trade Shifts Longterm Worries

US Container Imports Rise Briefly Amid Trade Shifts Longterm Worries

U.S. container imports rebounded slightly in June, but long-term concerns persist. The share of imports from China decreased, while imports from Southeast Asia increased, indicating a trend towards diversified sourcing. West Coast ports recovered, while the East Coast's share declined, suggesting a rebalancing of trade flows. Changes in trade policies and geopolitical risks are driving companies to enhance supply chain resilience. The shift highlights a strategic move to mitigate risks and ensure stability in the face of global uncertainties, ultimately reshaping international trade dynamics.

01/07/2026 Logistics
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Varna Port Emerges As Key Europeasia Logistics Hub

Varna Port Emerges As Key Europeasia Logistics Hub

Varna Port, an important sea port in Bulgaria, is gradually evolving into a logistics center connecting Europe and Asia due to its modern infrastructure and well-developed transport network. With the increasing container throughput and convenient international trade routes, Varna Port holds great potential for the future.

08/05/2025 Port Encyclopedia
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South Korea Warns on Won Weakness May Limit Dollar Investments

South Korea Warns on Won Weakness May Limit Dollar Investments

The Bank of Korea's governor warned that the Korean won's depreciation could exacerbate inflation, hinting at potential restrictions on US investments to stabilize the exchange rate. While the central bank held interest rates steady, internal divisions regarding rate cuts exist. The government is set to announce policies related to the US trade agreement and the foreign exchange market, drawing market attention. South Korea's ample dollar reserves provide a buffer against exchange rate risks. The market is closely watching the government's upcoming policy announcements and the central bank's future actions.

02/04/2026 Exchange Rate Query
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Innovative Development Concepts Boost Rail Freight Transport Efficiency

Innovative Development Concepts Boost Rail Freight Transport Efficiency

The launch of the first freight train from Xuzhou, Jiangsu to Central Asia highlights the railway industry's proactive approach to promoting the concept of 'open development' amid globalization. This service reduces transport time and costs, enhancing market competitiveness. However, rail freight still faces challenges such as insufficient proactive and mutual openness, and a lack of core competitiveness. There is a need for further improvement in services and market alignment to achieve comprehensive connectivity and promote long-term sustainable development.

12/22/2023 Logistics
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SF Airlines Launches Middle Eastsoutheast Asia Freight Route

SF Airlines Launches Middle Eastsoutheast Asia Freight Route

On July 15, SF Airlines launched the international freight route "Ezhou-Abu Dhabi-Hanoi-Ezhou," connecting the Middle East with Southeast Asia and promoting the growth of import/export trade and cross-border e-commerce. SF Vietnam strengthens its local presence to provide efficient logistics services to customers.

07/18/2025 Logistics
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West Africa Customs Names Sangho Director to Lead Modernization

West Africa Customs Names Sangho Director to Lead Modernization

Abdel Kader SANGHO has been appointed as the new Director for the West and Central Africa Customs region. This appointment aims to strengthen regional customs modernization, enhance risk management capabilities, and promote regional trade facilitation. The goal is to deepen international cooperation to address global trade challenges and foster regional economic prosperity and sustainable development. The meeting also confirmed the Regional Finance and Audit Committee, launched the annual budget, and announced the theme for International Customs Day 2021.

02/12/2026 Customs Knowledge
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African Customs Labs Adopt Asiapacific Methods to Boost Trade

African Customs Labs Adopt Asiapacific Methods to Boost Trade

African customs laboratory leaders visited the Asia-Pacific region to learn from best practices and enhance their capabilities. Through laboratory visits and experience sharing, the African representatives gained in-depth understanding of the operational models, technological applications, and management methods of regional customs laboratories in the Asia-Pacific. This activity promoted capacity building for African customs laboratories and laid the foundation for regional cooperation, contributing to African trade development and economic prosperity. The visit focused on practical knowledge transfer and establishing future collaborative efforts.

01/05/2026 Customs Knowledge
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Asiapacific Nations Boost Trade with Streamlined Customs Corridors

Asiapacific Nations Boost Trade with Streamlined Customs Corridors

Customs experts from the Asia-Pacific region gathered in India to discuss best practices in customs transit. The workshop focused on the WCO Transit Guidelines, shared experiences in railway transit, and explored future development directions. The aim was to strengthen regional cooperation, promote the application of information technology, improve laws and regulations, enhance capacity building, and foster public-private partnerships. Ultimately, the goal is to jointly build a new landscape for customs transit in the Asia-Pacific region, facilitating smoother and more efficient trade flows.

01/05/2026 Customs Knowledge
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