Global Customs Code Update Targets Plastic Waste by 2028

Global Customs Code Update Targets Plastic Waste by 2028

The 2028 edition of the World Customs Organization's Harmonized System (HS) introduces more specific subheadings for plastic articles, enhancing the identification of particular plastic products, including environmentally sensitive polymers, expanded polystyrene articles, and single-use plastics. This will facilitate customs data collection, assisting governments in developing more effective policies to control plastic pollution and promote a circular economy and environmental sustainability. The refined HS codes will enable better tracking of plastic trade flows and inform targeted interventions to reduce plastic waste.

WCO Backs Digital Shift in Western Balkans for Closer Ties

WCO Backs Digital Shift in Western Balkans for Closer Ties

The Secretary General of the World Customs Organization visited North Macedonia to promote regional integration in the Western Balkans through digital transformation. He emphasized the importance of data analysis, coordinated border management, and Single Window systems. He suggested building a regionally interconnected customs system based on WCO standards. Furthermore, he highlighted the role of customs in disaster relief and the importance of collaboration with various stakeholders. This visit underscores the WCO's commitment to supporting efficient and secure trade facilitation in the region.

Chinas Textile Exports Transform Indonesias Market

Chinas Textile Exports Transform Indonesias Market

A Big Data cross-border report reveals the rise of Chinese textiles in the Indonesian market, reshaping the local textile industry with competitive pricing and technological advantages. Indonesian domestic enterprises face challenges, and the government seeks to strike a balance. The future of the Chinese and Indonesian textile industries will involve both competition and cooperation as they explore further development. China's dominance is forcing adaptation and innovation within Indonesia's textile sector, while also creating new opportunities for cross-border trade and e-commerce.

Rail Freight Boosts Battery Exports to Germany

Rail Freight Boosts Battery Exports to Germany

This case demonstrates the successful export of batteries to Germany via a dedicated railway line and smooth customs clearance. By selecting the most cost-effective transportation method, preparing customs clearance documents in advance, and implementing a refined operational process, risks were effectively mitigated, ultimately earning high customer satisfaction. This solution provides a valuable reference for battery exporting companies, highlighting the importance of optimized logistics and proactive preparation for navigating international trade regulations and ensuring efficient delivery to the German market.

02/11/2026 Logistics
Read More
Risks of FOB Terms in Global Logistics Explained

Risks of FOB Terms in Global Logistics Explained

This article delves into the potential risks associated with FOB terms in international logistics, particularly focusing on ownership transfer and delivery without original Bill of Lading. Through comparative analysis, it suggests using CFR/CIF terms to mitigate these risks. Practical strategies are provided, including contract drafting, Bill of Lading selection, risk early warning, document management, and end-to-end tracking. These measures aim to empower exporters in foreign trade transactions, ensuring financial security and enabling them to maintain control throughout the process.

Singapore Airlines Halts Meizu Electronics Cargo

Singapore Airlines Halts Meizu Electronics Cargo

Singapore Airlines Cargo has issued an urgent notice, announcing the immediate suspension of accepting all electronic product shipments of the Meizu brand. This decision impacts foreign trade enterprises and freight forwarding companies, requiring them to promptly adjust their logistics plans and pay close attention to subsequent announcements. The suspension is likely due to safety or regulatory concerns surrounding Meizu products, and businesses relying on Singapore Airlines Cargo for Meizu shipments need to find alternative solutions to minimize disruption to their supply chains.

02/11/2026 Logistics
Read More
COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO SHIPPING Ports acquired a 20% stake in Red Sea Gateway Terminal (RSGT) to strengthen its strategic presence in the Red Sea region. RSGT, located in Jeddah Islamic Port, is the largest terminal in the port and boasts a significant geographical advantage. This collaboration will upgrade terminal facilities, improve operational efficiency, and help COSCO SHIPPING Ports expand into the Middle East and African markets, achieving mutual benefits and win-win results. This investment highlights COSCO's commitment to developing key trade routes.

02/11/2026 Logistics
Read More
COSCO Ship Incident in South Africa Threatens Supply Chains

COSCO Ship Incident in South Africa Threatens Supply Chains

COSCO Shipping's "COSCO SAO PAULO" vessel reportedly caught fire and experienced container loss off the coast of South Africa, impacting the ZAX2 South Africa route and several partner shipping companies. The incident may lead to cargo loss and schedule delays. Insurance companies have issued claim notices. Foreign trade enterprises and freight forwarders should closely monitor the situation, strengthen risk prevention measures, and ensure supply chain stability. This incident highlights the importance of cargo insurance and proactive risk management in international shipping.

02/11/2026 Logistics
Read More
Cosco CMA CGM Compete for Third in Global Shipping

Cosco CMA CGM Compete for Third in Global Shipping

COSCO Shipping once became third largest carrier after acquiring OOCL, but CMA CGM quickly expanded and surpassed it. The shipping industry is highly competitive, and capacity expansion is crucial for gaining market share. The battle for dominance involves strategic maneuvers and significant investments in vessel capacity. Carriers are constantly vying for position in the capacity rankings, highlighting the intense strategic game being played out in the global shipping market. This competition drives innovation and efficiency, ultimately impacting global trade flows.

02/11/2026 Logistics
Read More
Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

COSCO Shipping's acquisition of a 24.9% stake in the Container Terminal Tollerort (CTT) at the Port of Hamburg has been approved. This adjusted equity ratio reflects Germany's balancing act between economic cooperation and national security. As a vital European hub, the Port of Hamburg is a key component of COSCO Shipping's global strategy, facilitating European market expansion and promoting Sino-European trade. This event highlights the complexities of Sino-European economic relations and the shared challenge of deepening cooperation while ensuring security.

02/11/2026 Logistics
Read More