Americas Caribbean Customs Unite to Strengthen Supply Chains

Americas Caribbean Customs Unite to Strengthen Supply Chains

The Meeting of Directors General of Customs of the Americas and the Caribbean focused on the theme of "Recovery, Innovation, and Resilience." Discussions centered on regional priorities and best practices, emphasizing the crucial role of customs in trade facilitation, border security, and sustainable supply chains. Participants shared experiences in innovative technology applications, customs modernization, and personnel skills enhancement. The meeting aimed to strengthen regional cooperation, promote economic recovery, and foster development within the region. The focus was on building stronger, more resilient economies through enhanced customs collaboration.

01/26/2026 Customs Knowledge
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New Customs Rules Affect Licensing Fees Royalties

New Customs Rules Affect Licensing Fees Royalties

The World Customs Organization (WCO) has released new Advisory Opinion 4.19 on customs valuation, addressing the complex valuation issues related to royalties and license fees under Article 8.1(c) of the Customs Valuation Agreement. This opinion clarifies the valuation principles for single royalties encompassing both patents and trademarks. It assists businesses in accurately calculating import costs, reducing valuation disputes, and promoting the healthy development of international trade. This guidance aims to provide clarity and consistency in the application of customs valuation rules related to intellectual property rights.

01/26/2026 Customs Knowledge
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Global Customs Agencies Boost Biodiversity Protection Efforts

Global Customs Agencies Boost Biodiversity Protection Efforts

The World Customs Organization actively responds to World Environment Day, focusing on biodiversity protection. Through combating environmental crime, capacity building, and international cooperation, it is committed to building a sustainable future. The WCO emphasizes the crucial role of customs in protecting ecosystems, combating illegal trade, and promoting sustainable development. It calls for global joint efforts to protect our planet. The organization advocates for strategies to prevent the exploitation of natural resources and the illegal trafficking of endangered species, reinforcing customs' commitment to environmental security.

01/26/2026 Customs Knowledge
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WCO Korea Partner to Enhance Global Customs Platform Clikc

WCO Korea Partner to Enhance Global Customs Platform Clikc

The World Customs Organization (WCO) and the Korea Customs Service (KCS) signed an agreement where KCS will provide funding for the WCO's CLiKC! e-learning platform. This funding will support platform upgrades and enhanced functionalities. The upgraded CLiKC! platform will feature updated course content, optimized technology, and expanded multilingual support. The goal is to enhance the professional skills and knowledge of customs officials worldwide, benefiting supply chains and promoting trade facilitation and compliance. This initiative aims to foster greater efficiency and effectiveness within customs administrations globally.

01/26/2026 Customs Knowledge
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Global Ecommerce Declaration Signals New Growth Era

Global Ecommerce Declaration Signals New Growth Era

The inaugural Global Cross-border E-commerce Conference was held in Beijing, bringing together global experts to discuss the trends and challenges of cross-border e-commerce development. The conference adopted the 'Beijing Declaration,' providing guidance for future development. It emphasized international cooperation, standardization, and SME empowerment, aiming to build a secure, convenient, and inclusive cross-border e-commerce ecosystem and promote sustainable global trade growth. The declaration highlights the importance of collaboration in addressing regulatory hurdles and fostering consumer trust in the digital marketplace.

01/26/2026 Customs Knowledge
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Yang Ming Expands Beyond Container Shipping

Yang Ming Expands Beyond Container Shipping

Yang Ming Marine Transport Corporation, a Taiwan-based international shipping company, holds a significant position in the global shipping industry. This is due to its extensive route network spanning five continents, efficient transportation and logistics services, commitment to green practices, and proactive digital transformation. Facing future challenges and opportunities, Yang Ming Marine Transport Corporation will continuously optimize its routes, enhance its services, and embrace innovation to contribute to the development of global trade. The company is dedicated to providing reliable and sustainable shipping solutions worldwide.

01/26/2026 Shipping Company Encyclopedia
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Easyjet Optimizes Routes and Cargo Tracking for Logistics Efficiency

Easyjet Optimizes Routes and Cargo Tracking for Logistics Efficiency

This article provides an in-depth analysis of Easyjet's role in air freight, offering guidance on route inquiries, hub information, and air freight tracking. It examines Easyjet's low-cost advantages and route limitations, guiding users on selecting suitable air freight solutions. Furthermore, it introduces the comprehensive air freight information services provided by West Coast Freight Network, assisting international trade and logistics companies in their operations. It helps understand how Easyjet's passenger network can be leveraged for certain air cargo needs, while also acknowledging its constraints compared to dedicated cargo airlines.

08/21/2025 Airlines
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Yangshan Port Faces Cost Challenges Under FOB Terms

Yangshan Port Faces Cost Challenges Under FOB Terms

This paper delves into the causes of Yangshan container pickup issues under FOB terms, highlighting cost control, supplier factors, and freight rates as key influencers. It proposes solutions such as optimizing resource allocation, negotiating with shipping companies, and seeking professional assistance. The aim is to help businesses reduce or avoid extra costs and safeguard their interests. The analysis emphasizes the importance of proactive measures in managing FOB-related risks and ensuring efficient supply chain operations. Effective strategies can lead to significant cost savings and improved profitability for businesses involved in international trade.

08/23/2025 Logistics Encyclopedia
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Ethiopia Simplifies Customs Clearance for Exporters

Ethiopia Simplifies Customs Clearance for Exporters

This article provides an in-depth analysis of the export customs clearance process and common issues in Ethiopia. It covers document preparation, handling special situations (such as transshipment via Hong Kong, Macau, and Taiwan, and buying export permits), special cargo handling (identification, dangerous goods packaging), bill of lading processing, and dealing with container roll-overs. The aim is to provide practical guidance for foreign trade practitioners, helping to ensure smooth customs clearance for goods. It serves as a practical guide for navigating the complexities of exporting to Ethiopia.

08/22/2025 Logistics Encyclopedia
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Australian Dollar Weakens Against US Dollar Amid Economic Forecasts

Australian Dollar Weakens Against US Dollar Amid Economic Forecasts

This article provides an in-depth analysis of the AUD/USD exchange rate, offering real-time data, historical fluctuations, and a future outlook. Factors influencing the exchange rate include interest rate differentials, commodity prices, economic data, and geopolitical risks. Future exchange rate trends depend on global economic growth, monetary policy, and trade relations. Readers are reminded to be aware of currency exchange risks and are advised to consult with professionals before making any financial decisions. This information is for informational purposes only and should not be considered financial advice.

09/01/2025 Exchange Rate Query
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